Palo Alto Networks Inc (PANW)
Debt-to-equity ratio
| Jul 31, 2025 | Apr 30, 2025 | Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Jan 31, 2024 | Oct 31, 2023 | Jul 31, 2023 | Apr 30, 2023 | Jan 31, 2023 | Oct 31, 2022 | Jul 31, 2022 | Apr 30, 2022 | Jan 31, 2022 | Oct 31, 2021 | Jul 31, 2021 | Apr 30, 2021 | Jan 31, 2021 | Oct 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 7,824,400 | 7,230,500 | 6,375,300 | 5,911,800 | 5,169,700 | 4,467,800 | 4,357,200 | 2,170,500 | 1,748,400 | 1,232,400 | 729,000 | 508,000 | 210,000 | 337,600 | 117,800 | 518,900 | 763,600 | 997,200 | 1,198,500 | 747,000 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
July 31, 2025 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $7,824,400K
= 0.00
The analysis of Palo Alto Networks Inc's debt-to-equity ratio over the specified period from October 2020 to October 2025 reveals a consistent pattern of zero values. At all recorded points, both quarterly and monthly, the debt-to-equity ratio remained at 0.00. This indicates that the company has maintained a financial structure characterized by the absence of recorded debt relative to shareholders' equity throughout this entire timeframe. Such a trend suggests that Palo Alto Networks Inc has operated without long-term debt or other liabilities typically categorized under debt in its financial statements. Consequently, the company's capital structure appears to be supported entirely by shareholders' equity, reflecting a low reliance on external debt financing for its operations and growth initiatives during this period.