Palo Alto Networks (Palo Alto Networks) LT-Debt-to-Total-Asset : 0.02 (As of Apr. 2024)

View and export this data going back to 2012. Start your Free Trial

What is Palo Alto Networks LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Palo Alto Networks's long-term debt to total assests ratio for the quarter that ended in Apr. 2024 was 0.02.

Palo Alto Networks's long-term debt to total assets ratio increased from Apr. 2023 (0.02) to Apr. 2024 (0.02). It may suggest that Palo Alto Networks is progressively becoming more dependent on debt to grow their business.

Palo Alto Networks LT-Debt-to-Total-Asset Historical Data

The historical data trend for Palo Alto Networks's LT-Debt-to-Total-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Palo Alto Networks LT-Debt-to-Total-Asset Chart

Palo Alto Networks Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.22

0.38

0.19

0.02

Palo Alto Networks Quarterly Data
	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.02	0.02	0.02	0.02	0.02

Palo Alto Networks LT-Debt-to-Total-Asset Calculation

Palo Alto Networks's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jul. 2023 is calculated as

LT Debt to Total Assets (A: Jul. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Jul. 2023 )	/	Total Assets (A: Jul. 2023 )
	=	279.2	/	14501.1
	=	0.02

Palo Alto Networks's Long-Term Debt to Total Asset Ratio for the quarter that ended in Apr. 2024 is calculated as

LT Debt to Total Assets (Q: Apr. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Apr. 2024 )	/	Total Assets (Q: Apr. 2024 )
	=	369.8	/	17930.8
	=	0.02

Palo Alto Networks (NAS:PANW) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Palo Alto Networks LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Palo Alto Networks's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Palo Alto Networks (Palo Alto Networks) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Palo Alto Networks Inc (NAS:PANW) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

PANW:Mexico 5AP:Germany 5AP:Germany PANW:Austria

Address

3000 Tannery Way, Santa Clara, CA, USA, 95054

Website

https://www.paloaltonetworks.com

Palo Alto Networks is a platform-based cybersecurity vendor with product offerings covering network security, cloud security, and security operations. The California-based firm has more than 85,000 customers across the world, including more than three fourths of the Global 2000.

Executives

John Donovan	director	208 S. AKARD ST. , ROOM 3025, DALLAS TX 75202
Nir Zuk	director, officer: CTO	3000 TANNERY WAY, SANTA CLARA CA 95054
John P. Key	director	3000 TANNERY WAY, SANTA CLARA CA 95054
Dipak Golechha	officer: EVP, Chief Financial Officer	3000 TANNERY WAY, SANTA CLARA CA 95054
Nikesh Arora	director, officer: Chief Executive Officer	3000 TANNERY WAY, SANTA CLARA CA 95054
Lee Klarich	officer: Chief Product Officer	4401 GREAT AMERICA PKWY, SANTA CLARA CA 95054
Josh D. Paul	officer: Chief Accounting Officer	3000 TANNERY WAY, SANTA CLARA CA 95054
Jenkins William D Jr	officer: President	C/O PALO ALTO NETWORKS INC, 3000 TANNERY WAY, SANTA CLARA CA 95054
Aparna Bawa	director	C/O ZOOM VIDEO COMMUNICATIONS, INC., 55 ALMADEN BOULEVARD, 6TH FLOOR, SAN JOSE CA 95113
Carl M. Eschenbach	director	C/O SEQUOIA CAPITAL, 2800 SAND HILL ROAD, SUITE 101, PALO ALTO CA 94025
James J Goetz	director	C/O SEQUOIA CAPITAL, 2800 SAND HILL RD, SUITE 101, MENLO PARK CA 94025
Mark D Mclaughlin	director, officer: President & CEO	C/O PALO ALTO NETWORKS, INC., 4401 GREAT AMERICA PKWY, SANTA CLARA CA 95054
Amit K. Singh	officer: President	3000 TANNERY WAY, SANTA CLARA CA 95054
Helene D Gayle	director	C/O COLGATE PALMOLIVE COMPANY, 300 PARK AVENUE, NEW YORK NY 10022
Jean Compeau	officer: Chief Accounting Officer	3000 TANNERY WAY, SANTA CLARA CA 95054