Debt to Equity Ratio: 1.81
Is the debt to equity ratio high or low?
The debt to equity ratio of 1.81 is 261% above its 5-year average of 0.50, near the high end of its 5-year range (-12.86–2.71).
As of Sunday, June 28, 2026. 29.84% above its 12-month average of 1.40.
ASAN Debt to Equity Ratio
Reported quarterly debt to equity ratio; no daily interpolation.
ASAN Average Debt to Equity Ratio Chart
ASAN Current vs Average Debt to Equity Ratio Chart
ASAN Debt to Equity Ratio Metrics
DEBT TO EQUITY RATIO
1.81
DEBT TO EQUITY RATIO AVG TTM
1.40
DEBT TO EQUITY RATIO AVG 3Y
1.06
DEBT TO EQUITY RATIO AVG 5Y
1.09
DEBT TO EQUITY RATIO AVG 10Y
N/A
DEBT TO EQUITY RATIO AVG 15Y
N/A
DEBT TO EQUITY RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+29.84%
CURRENT VS 3Y AVG
+71.70%
CURRENT VS 5Y AVG
+66.31%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
ASAN Competitors' Debt to Equity Ratio
| NAME | MARKET CAP | DEBT TO EQUITY RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Asana, Inc. (ASAN) | $1.66B | 1.81 | 1.40 | 1.06 | 1.09 |
| C3.ai, Inc. (AI)vs › | $1.26B | 0.00 | 0.01 | 0.00 | 0.00 |
| POET Technologies Inc. (POET)vs › | $1.25B | 0.04 | 0.19 | 0.13 | 0.21 |
| Red Cat Holdings, Inc. (RCAT)vs › | $1.00B | 0.07 | 0.06 | 0.05 | 0.11 |
| ZoomInfo Technologies Inc. (GTM)vs › | $851.74M | 1.20 | 1.01 | 0.81 | 0.91 |
| Oddity Tech Ltd. (ODD)vs › | $846.98M | 1.53 | 0.81 | 0.45 | 0.33 |
| PagerDuty, Inc. (PD)vs › | $829.12M | 1.63 | 2.60 | 2.29 | 1.83 |
| BTQ Technologies Corp. Common Stock (BTQ)vs › | $726.60M | N/A | N/A | N/A | N/A |
| Methode Electronics, Inc. (MEI)vs › | $679.64M | 0.51 | 0.51 | 0.49 | 0.42 |
| LightPath Technologies, Inc. (LPTH)vs › | $628.65M | 0.97 | 0.66 | 0.54 | 0.47 |
Financial Health
Debt/Equity
1.81
Current Ratio
1.18
Debt to Equity Ratio Formula & Definition
Debt to Equity measures financial leverage by comparing total debt to shareholders' equity.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Debt to Equity Ratio FAQ
- What is the debt to equity ratio for Asana, Inc. (ASAN)?
- The debt to equity ratio for ASAN stock is 1.81.
- Is Asana, Inc.'s debt to equity ratio high or low?
- The debt to equity ratio of 1.81 is 261% above its 5-year average of 0.50, near the high end of its 5-year range (-12.86–2.71).
- What is the TTM average debt to equity ratio for Asana, Inc. (ASAN)?
- The TTM average debt to equity ratio for ASAN stock is 1.40.
- What is the 3Y average debt to equity ratio for Asana, Inc. (ASAN)?
- The 3Y average debt to equity ratio for ASAN stock is 1.06.
- What is the 5Y average debt to equity ratio for Asana, Inc. (ASAN)?
- The 5Y average debt to equity ratio for ASAN stock is 1.09.
ASAN Debt to Equity Ratio History
| DATE | DEBT TO EQUITY RATIO |
|---|---|
| 2026-04-30 | 1.81 |
| 2026-01-31 | 1.62 |
| 2025-10-31 | 1.33 |
| 2025-07-31 | 1.12 |
| 2025-04-30 | 1.10 |
| 2025-01-31 | 1.18 |
| 2024-10-31 | 1.12 |
| 2024-07-31 | 0.94 |
| 2024-04-30 | 0.87 |
| 2024-01-31 | 0.85 |
| 2023-10-31 | 0.85 |
| 2023-07-31 | 0.85 |
| 2023-04-30 | 0.83 |
| 2023-01-31 | 0.76 |
| 2022-10-31 | 0.65 |
| 2022-07-31 | 2.71 |
| 2022-04-30 | 1.63 |
| 2022-01-31 | 1.25 |
| 2021-10-31 | 1.03 |
| 2021-07-31 | 0.90 |
| 2021-04-30 | -12.86 |
| 2021-01-31 | -45.81 |
| 2020-10-31 | 18.14 |
| 2020-07-31 | 6.05 |
| 2020-04-30 | -1.30 |
| 2020-01-31 | -1.55 |
| 2019-10-31 | 0.00 |
| 2019-07-31 | 0.00 |
| 2019-04-30 | 0.00 |
Related Metrics
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