Palo Alto Networks Inc (PANW)
Debt-to-assets ratio
| Jul 31, 2025 | Jul 31, 2024 | Jul 31, 2023 | Jul 31, 2022 | Jul 31, 2021 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 23,576,200 | 19,990,900 | 14,501,100 | 12,253,600 | 10,241,600 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
July 31, 2025 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $23,576,200K
= 0.00
The debt-to-assets ratio for Palo Alto Networks Inc. has consistently been reported as zero across all examined periods, specifically on July 31, 2021, 2022, 2023, 2024, and 2025. This indicates that the company has maintained a negligible or non-existent level of debt relative to its total assets over these years. Such a consistent ratio suggests a conservative capital structure, characterized by the absence of long-term or short-term liabilities financing its assets. The zero debt-to-assets ratio reflects a scenario where the company's assets are primarily financed through equity, implying minimal reliance on external debt funding. This financial profile may contribute to a lower financial risk profile and can be perceived as a sign of robust liquidity and solvency positions, although it may also indicate a potentially limited leverage strategy aimed at growth.