Debt to Assets Ratio: 30.82%
Is the debt to assets ratio high or low?
The debt to assets ratio of 30.82% is in line with its 5-year average of 33.49%, near the low end of its 5-year range (27.07%–82.02%).
As of Sunday, June 28, 2026. 3.95% above its 12-month average of 29.65%.
ASAN Debt to Assets Ratio
Reported quarterly debt to assets ratio; no daily interpolation.
ASAN Average Debt to Assets Ratio Chart
ASAN Current vs Average Debt to Assets Ratio Chart
ASAN Debt to Assets Ratio Metrics
DEBT TO ASSETS RATIO
30.82%
DEBT TO ASSETS RATIO AVG TTM
29.65%
DEBT TO ASSETS RATIO AVG 3Y
29.58%
DEBT TO ASSETS RATIO AVG 5Y
31.07%
DEBT TO ASSETS RATIO AVG 10Y
N/A
DEBT TO ASSETS RATIO AVG 15Y
N/A
DEBT TO ASSETS RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+3.95%
CURRENT VS 3Y AVG
+4.20%
CURRENT VS 5Y AVG
-0.80%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
ASAN Competitors' Debt to Assets Ratio
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Asana, Inc. (ASAN) | $1.66B | 30.82% | 29.65% | 29.58% | 31.07% |
| C3.ai, Inc. (AI)vs › | $1.26B | 0.00% | N/A | N/A | N/A |
| POET Technologies Inc. (POET)vs › | $1.25B | 0.02% | N/A | N/A | N/A |
| Red Cat Holdings, Inc. (RCAT)vs › | $1.00B | 0.07% | N/A | N/A | N/A |
| ZoomInfo Technologies Inc. (GTM)vs › | $851.74M | 0.28% | N/A | N/A | N/A |
| Oddity Tech Ltd. (ODD)vs › | $846.98M | 0.53% | N/A | N/A | N/A |
| PagerDuty, Inc. (PD)vs › | $829.12M | 0.42% | N/A | N/A | N/A |
| BTQ Technologies Corp. Common Stock (BTQ)vs › | $726.60M | N/A | N/A | N/A | N/A |
| Methode Electronics, Inc. (MEI)vs › | $679.64M | 0.27% | N/A | N/A | N/A |
| LightPath Technologies, Inc. (LPTH)vs › | $628.65M | 0.19% | N/A | N/A | N/A |
Leverage Ratios Comparison
Debt/Assets
30.8%
Debt/Equity
1.62
Current Ratio
1.18
Interest Coverage
-62.7x
Formula: Debt/Assets = Total Debt / Total Assets × 100
Debt/Assets vs Debt/Equity:
- Debt/Assets: Shows % of assets funded by creditors (bounded 0-100%)
- Debt/Equity: Shows debt relative to shareholder investment (can exceed 100%)
- Both measure leverage but from different perspectives
Industry context matters: Capital-intensive industries (utilities, real estate) typically have higher Debt/Assets ratios than tech companies.
Debt to Assets Ratio Formula & Definition
Debt/Assets ratio shows what percentage of a company's assets are financed by debt. Compare the current value with the historical chart and peer group to understand leverage over time.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Debt to Assets Ratio FAQ
- What is the debt to assets ratio for Asana, Inc. (ASAN)?
- The debt to assets ratio for ASAN stock is 30.82%.
- Is Asana, Inc.'s debt to assets ratio high or low?
- The debt to assets ratio of 30.82% is in line with its 5-year average of 33.49%, near the low end of its 5-year range (27.07%–82.02%).
- What is the TTM average debt to assets ratio for Asana, Inc. (ASAN)?
- The TTM average debt to assets ratio for ASAN stock is 29.65%.
- What is the 3Y average debt to assets ratio for Asana, Inc. (ASAN)?
- The 3Y average debt to assets ratio for ASAN stock is 29.58%.
- What is the 5Y average debt to assets ratio for Asana, Inc. (ASAN)?
- The 5Y average debt to assets ratio for ASAN stock is 31.07%.
ASAN Debt to Assets Ratio History
| DATE | DEBT TO ASSETS RATIO |
|---|---|
| 2026-04-30 | 30.82% |
| 2026-01-31 | 29.55% |
| 2025-10-31 | 29.74% |
| 2025-07-31 | 28.57% |
| 2025-04-30 | 29.56% |
| 2025-01-31 | 30.11% |
| 2024-10-31 | 30.77% |
| 2024-07-31 | 29.11% |
| 2024-04-30 | 28.30% |
| 2024-01-31 | 28.89% |
| 2023-10-31 | 29.82% |
| 2023-07-31 | 29.80% |
| 2023-04-30 | 29.45% |
| 2023-01-31 | 28.43% |
| 2022-10-31 | 27.07% |
| 2022-07-31 | 38.96% |
| 2022-04-30 | 36.79% |
| 2022-01-31 | 36.15% |
| 2021-10-31 | 35.44% |
| 2021-07-31 | 34.01% |
| 2021-04-30 | 82.02% |
| 2021-01-31 | 80.13% |
| 2020-10-31 | 74.54% |
| 2020-07-31 | 71.38% |
| 2020-04-30 | 56.36% |
| 2020-01-31 | 53.40% |
About Asana, Inc.
Asana, Inc., alongside its subsidiaries, offers a comprehensive work management platform designed for individual contributors, team leaders, and top executives across the United States and globally. This platform empowers teams to coordinate diverse types of work, from routine daily tasks to complex, company-wide strategic initiatives. It facilitates the management of various projects, including new product rollouts, marketing campaigns, and the establishment of organizational goals. Asana serves a wide array of clients in sectors such as technology, retail, education, non-profit organizations, government, healthcare, media, and financial services. The company was founded in 2008 as Smiley Abstractions, Inc., and officially changed its name to Asana, Inc. in July 2009. Its corporate headquarters are situated in San Francisco, California.
- Sector
- Technology
- Industry
- Software - Application
- CEO
- Daniel Mark Rogers