Asana Debt-to-Equity Ratio Growth & History (ASAN)
Asana's debt-to-equity ratio was 1.62 for fiscal 2026.
View full Asana company overviewAsana annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2026 | 2026-01-31 | 1.62 | 0.63 | +64.53% |
| 2025 | 2025-01-31 | 0.98 | 0.27 | +37.05% |
| 2024 | 2024-01-31 | 0.72 | 0.09 | +13.82% |
| 2023 | 2023-01-31 | 0.63 | −0.45 | −41.84% |
| 2022 | 2022-01-31 | 1.08 | — | — |
Asana quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2027 | 2026-07-31 | 2.48 | 1.52 | +158.00% |
| Q1 2027 | 2026-04-30 | 1.81 | 0.88 | +93.60% |
| Q4 2026 | 2026-01-31 | 1.62 | 0.63 | +64.53% |
| Q3 2026 | 2025-10-31 | 1.14 | 0.18 | +18.88% |
| Q2 2026 | 2025-07-31 | 0.96 | 0.16 | +19.71% |
| Q1 2026 | 2025-04-30 | 0.94 | 0.20 | +27.74% |
| Q4 2025 | 2025-01-31 | 0.98 | 0.27 | +37.05% |
| Q3 2025 | 2024-10-31 | 0.96 | 0.24 | +33.75% |
| Q2 2025 | 2024-07-31 | 0.80 | 0.09 | +11.89% |
| Q1 2025 | 2024-04-30 | 0.73 | 0.03 | +4.64% |
| Q4 2024 | 2024-01-31 | 0.72 | 0.09 | +13.82% |
| Q3 2024 | 2023-10-31 | 0.72 | 0.14 | +24.24% |
| Q2 2024 | 2023-07-31 | 0.72 | −1.64 | −69.62% |
| Q1 2024 | 2023-04-30 | 0.70 | −0.72 | −50.53% |
| Q4 2023 | 2023-01-31 | 0.63 | −0.45 | −41.84% |
| Q3 2023 | 2022-10-31 | 0.58 | −0.31 | −35.04% |
| Q2 2023 | 2022-07-31 | 2.36 | 1.59 | +208.42% |
| Q1 2023 | 2022-04-30 | 1.42 | — | — |
| Q4 2022 | 2022-01-31 | 1.08 | — | — |
| Q3 2022 | 2021-10-31 | 0.89 | −4.50 | −83.52% |
| Q2 2022 | 2021-07-31 | 0.76 | — | — |
| Q3 2021 | 2020-10-31 | 5.38 | — | — |
Asana debt-to-equity ratio trends
Between the periods ended 2022-01-31 and 2026-01-31, Asana's debt-to-equity ratio increased from 1.08 to 1.62, a change of 0.53. The latest reported quarter, Q2 2027, shows 2.48.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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