Palo Alto Networks Inc (PANW)
Current ratio
| Jul 31, 2025 | Jul 31, 2024 | Jul 31, 2023 | Jul 31, 2022 | Jul 31, 2021 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 7,103,300 | 6,849,700 | 6,048,000 | 6,414,900 | 4,647,300 |
| Total current liabilities | US$ in thousands | 7,988,000 | 7,682,700 | 7,737,500 | 8,306,300 | 5,116,700 |
| Current ratio | 0.89 | 0.89 | 0.78 | 0.77 | 0.91 |
July 31, 2025 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $7,103,300K ÷ $7,988,000K
= 0.89
The current ratio of Palo Alto Networks Inc demonstrates a fluctuating trend over the analyzed period. As of July 31, 2021, the current ratio stood at 0.91, indicating that the company's current assets slightly exceeded its current liabilities, but the margin was relatively narrow. By July 31, 2022, the ratio declined to 0.77, reflecting a decrease in liquidity position, potentially suggesting a slight increase in short-term liabilities or a decrease in current assets. The ratio experienced a marginal uptick to 0.78 by July 31, 2023, indicating a stabilization in liquidity conditions. This was followed by an increase to 0.89 for both July 31, 2024, and July 31, 2025, bringing the current ratio closer to or just below unity, which suggests an improved liquidity position. Overall, the trend reveals a gradual recovery in liquidity after a period of decline, though it remains below the generally considered safe threshold of 1.0, implying that the company maintains sufficient but modest short-term liquidity to meet its current obligations.