Atlassian (Atlassian) Debt-to-Equity

: 1.40 (As of Dec. 2023)

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Atlassian's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $96 Mil. Atlassian's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,175 Mil. Atlassian's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $905 Mil. Atlassian's debt to equity for the quarter that ended in Dec. 2023 was 1.40.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Atlassian's Debt-to-Equity or its related term are showing as below:

TEAM' s Debt-to-Equity Range Over the Past 10 Years
Min: -46.07 Med: 1.26 Max: 10.73
Current: 1.4

During the past 11 years, the highest Debt-to-Equity Ratio of Atlassian was 10.73. The lowest was -46.07. And the median was 1.26.

TEAM's Debt-to-Equity is ranked worse than
89.87% of 2221 companies
in the Software industry
Industry Median: 0.21 vs TEAM: 1.40

Atlassian Debt-to-Equity Historical Data

The historical data trend for Atlassian's Debt-to-Equity 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.

Atlassian Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

1.51

2.01

2.05

4.02

1.96

Atlassian Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity																2.26	2.22	1.96	1.65	1.40

Competitive Comparison

For the Software - Application subindustry, Atlassian's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Atlassian Debt-to-Equity Distribution

For the Software industry and Technology sector, Atlassian's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Atlassian's Debt-to-Equity falls into.

Atlassian Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Atlassian's Debt to Equity Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(82.43	+	1199.928)	/	654.672
	=	1.96

Atlassian's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(96.23	+	1174.661)	/	904.923
	=	1.40

Atlassian (NAS:TEAM) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Atlassian Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Atlassian's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Atlassian (Atlassian) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Atlassian Corp (NAS:TEAM) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

48D:Germany 48D:Germany T1AM34:Brazil

Address

341 George Street, Level 6, Sydney, NSW, AUS, 2000

Website

https://www.atlassian.com

Atlassian produces software that helps teams work together more efficiently and effectively. The company provides project planning and management software, collaboration tools, and IT help desk solutions. The company operates in four segments: subscriptions (term licenses and cloud agreements), maintenance (annual maintenance contracts that provide support and periodic updates and are generally attached to perpetual license sales), perpetual license (upfront sale for indefinite usage of the software), and other (training, strategic consulting, and revenue from the Atlassian Marketplace app store). Atlassian was founded in 2002 and is headquartered in Sydney.

Executives

Michael Cannon-brookes	director, 10 percent owner, officer: Co-CEO, Co-Founder	ATLASSIAN, 350 BUSH STREET, SAN FRANCISCO CA 94104
Scott Farquhar	director, 10 percent owner, officer: Co-CEO, Co-Founder	ATLASSIAN, 350 BUSH STREET, SAN FRANCISCO CA 94104
Anutthara Bharadwaj	officer: Chief Operating Officer	C/O ATLASSIAN, 350 BUSH STREET FLOOR 13, SAN FRANCISCO CA 94104
Gene Liu	officer: Principal Accounting Officer	C/O ATLASSIAN, 350 BUSH STREET FLOOR 13, SAN FRANCISCO CA 94104
Heather Mirjahangir Fernandez	director	C/O ATLASSIAN, 350 BUSH STREET FLOOR 13, SAN FRANCISCO CA 94104
Rajeev Bashyam Rajan	officer: Chief Technology Officer	C/O ATLASSIAN, 350 BUSH STREET FLOOR 13, SAN FRANCISCO CA 94104
Cameron Deatsch	officer: Chief Revenue Officer	C/O ATLASSIAN, 350 BUSH STREET FLOOR 13, SAN FRANCISCO CA 94101
Joseph Leo Binz	officer: Chief Financial Officer	C/O ATLASSIAN, 350 BUSH STREET FLOOR 13, SAN FRANCISCO CA 94104
Enrique T Salem	director	SYMANTEC CORPORATION, 20330 STEVENS CREEK BLVD., CUPERTINO CA 95014
Sasan K Goodarzi	director	C/O INTUIT INC., 2700 COAST AVENUE, MOUNTAIN VIEW CA 94043
Shona L Brown	director	1600 AMIPHITHEATRE PARKWAY, BUILDING 41, MOUNTAIN VIEW CA 94043
Rich Wong	director	428 UNIVERSITY AVE, PALO ALTO CA 94555
Michelle Zatlyn	director	C/O CLOUDFLARE, INC., 101 TOWNSEND STREET, SAN FRANCISCO CA 94107
Steven J Sordello	director	C/O LINKEDIN CORPORATION, 2029 STIERLIN COURT, MOUNTAIN VIEW CA 94043
Jay Parikh	director	317 UNIVERSITY AVE, SUITE 200, PALO ALTO CA 94301