Growth Metrics

Asana (ASAN) Debt Ratio (2020 - 2025)

Asana recorded quarterly Debt Ratio of 0.04 in Q4 2025, up 1.55% quarter-over-quarter from 0.04 in Q3 2025, and down 7.27% year-over-year from 0.05 in Q4 2024.

Asana's Debt Ratio history runs 6 years deep, the most recent figure standing at 0.04 for Q4 2025.

  • In Q4 2025, Debt Ratio fell 7.27% year-over-year to 0.04; the TTM figure through Oct 2025 stood at 0.04 (down 7.27% YoY), while the FY2025 annual figure was 0.04, down 2.79% from the prior year.
  • Debt Ratio came in at 0.04 for Q4 2025 at Asana, up from 0.04 in the prior quarter.
  • In the past five years, Debt Ratio ranged from a high of 0.05 in Q2 2021 to a low of 0.03 in Q4 2022.
  • A 5-year average of 0.05 and a median of 0.05 in 2023 frame the typical range for Debt Ratio.
  • Across the five-year window, Debt Ratio jumped 166.93% in 2021 and slumped 35.4% in 2022, its largest moves.
  • Asana's Debt Ratio stood at 0.05 in 2021, then plunged by 35.4% to 0.03 in 2022, then surged by 48.1% to 0.05 in 2023, then dropped by 3.56% to 0.05 in 2024, then dropped by 7.27% to 0.04 in 2025.
  • According to Business Quant data, Debt Ratio over the past three periods registered 0.04, 0.04, and 0.04 for Q4 2025, Q3 2025, and Q2 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Sap Se 253.17 Bn 235.20 Bn 8.16 Bn 0.08
2 Salesforce 171.07 Bn 161.50 Bn 8.69 Bn 0.13
3 Uber Technologies 151.10 Bn 150.06 Bn 11.88 Bn 0.18
4 Shopify 134.25 Bn 128.50 Bn 1.55 Bn -
5 ServiceNow 105.72 Bn 100.54 Bn 2.83 Bn -
6 Cadence Design Systems 101.64 Bn 100.23 Bn 1.26 Bn 0.24
7 Adobe 100.35 Bn 93.46 Bn 5.73 Bn 0.03
8 Automatic Data Processing 90.91 Bn 87.68 Bn 2.87 Bn 0.06
9 Intuit 88.30 Bn 81.52 Bn 6.77 Bn 0.16
10 Asana 1.57 Bn 1.37 Bn 180.57 Mn -

Historic Data

Download Data 🔒
DateValue
Oct 31, 2025 0.04
Jul 31, 2025 0.04
Apr 30, 2025 0.04
Jan 31, 2025 0.04
Oct 31, 2024 0.05
Jul 31, 2024 0.04
Apr 30, 2024 0.04
Jan 31, 2024 0.05
Oct 31, 2023 0.05
Jul 31, 2023 0.05
Apr 30, 2023 0.05
Jan 31, 2023 0.05
Oct 31, 2022 0.03
Jul 31, 2022 0.05
Apr 30, 2022 0.05
Jan 31, 2022 0.05
Oct 31, 2021 0.05
Jul 31, 2021 0.05
Apr 30, 2021 0.05
Jan 31, 2021 0.04
Oct 31, 2020 0.02