Asana (ASAN) Debt Ratio (2020 - 2025)
Asana's (ASAN) quarterly Debt Ratio came in at 0.04 in Q4 2025, down 7.27% year-over-year from 0.05 in Q4 2024, and up 1.55% quarter-over-quarter from 0.04 in Q3 2025.
Analysis
Asana (ASAN) Debt Ratio (2020 - 2025) Analysis & Trends
Asana has disclosed Debt Ratio across 6 years of filings, most recently posting 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.
- Average Debt Ratio over 5 years is 0.05, with a median of 0.05 recorded in 2023.
- Year-over-year, Debt Ratio jumped 166.93% in 2021 and slumped 35.4% in 2022.
- Over 5 years, Debt Ratio stood at 0.05 in 2021, then tumbled by 35.4% to 0.03 in 2022, then jumped by 48.1% to 0.05 in 2023, then slipped by 3.56% to 0.05 in 2024, then slipped by 7.27% to 0.04 in 2025.
- Per Business Quant data, the three most recent Debt Ratio figures were 0.04 in Q4 2025, 0.04 in Q3 2025, and 0.04 in Q2 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Atlassian | 49.32 Bn | 48.08 Bn | 1.53 Bn | 0.16 |
| 2 | Dropbox | 7.65 Bn | 6.54 Bn | 506.50 Mn | 0.92 |
| 3 | Open Text | 5.80 Bn | 4.84 Bn | 1.01 Bn | 0.44 |
| 4 | Box | 4.83 Bn | 4.38 Bn | 253.97 Mn | 0.32 |
| 5 | Asana | 2.03 Bn | 1.81 Bn | 186.10 Mn | - |
| 6 | Cheetah Mobile | 99.06 Mn | -64.30 Mn | 24.15 Mn | 0.01 |
| 7 | Upland Software | 10.97 Mn | -20.70 Mn | 37.47 Mn | 0.63 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |