Growth Metrics

Asana (ASAN) Debt to Equity (2020 - 2025)

Asana recorded quarterly Debt to Equity of $0.19 in Q4 2025, up 15.21% quarter-over-quarter from $0.16 in Q3 2025, and up 13.25% year-over-year from $0.17 in Q4 2024.

Asana's Debt to Equity history runs 6 years deep, the most recent figure standing at $0.19 for Q4 2025.

  • In Q4 2025, Debt to Equity rose 13.25% year-over-year to $0.19; the TTM figure through Oct 2025 stood at $0.19 (up 13.25% YoY), while the FY2025 annual figure was $0.17, up 29.23% from the prior year.
  • Debt to Equity came in at $0.19 for Q4 2025 at Asana, up from $0.16 in the prior quarter.
  • In the past five years, Debt to Equity ranged from a high of $0.35 in Q3 2022 to a low of -$2.31 in Q1 2021.
  • A 5-year average of -$0.01 and a median of $0.14 in 2023 frame the typical range for Debt to Equity.
  • Across the five-year window, Debt to Equity sank 68.09% in 2021 and surged 164.64% in 2022, its largest moves.
  • Asana's Debt to Equity stood at $0.14 in 2021, then slumped by 46.41% to $0.08 in 2022, then soared by 75.11% to $0.14 in 2023, then gained by 23.5% to $0.17 in 2024, then gained by 13.25% to $0.19 in 2025.
  • According to Business Quant data, Debt to Equity over the past three periods registered $0.19, $0.16, and $0.16 for Q4 2025, Q3 2025, and Q2 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Sap Se 253.17 Bn 235.20 Bn 8.16 Bn 0.13
2 Salesforce 171.07 Bn 161.50 Bn 8.69 Bn 0.24
3 Uber Technologies 151.10 Bn 150.06 Bn 11.88 Bn 0.42
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 0.44
7 Adobe 100.35 Bn 93.46 Bn 5.73 Bn 0.07
8 Automatic Data Processing 90.91 Bn 87.68 Bn 2.87 Bn 0.63
9 Intuit 88.30 Bn 81.52 Bn 6.77 Bn 0.30
10 Asana 1.57 Bn 1.37 Bn 180.57 Mn -

Historic Data

Download Data 🔒
DateValue
Oct 31, 2025 0.19
Jul 31, 2025 0.16
Apr 30, 2025 0.16
Jan 31, 2025 0.17
Oct 31, 2024 0.17
Jul 31, 2024 0.14
Apr 30, 2024 0.13
Jan 31, 2024 0.13
Oct 31, 2023 0.14
Jul 31, 2023 0.14
Apr 30, 2023 0.13
Jan 31, 2023 0.13
Oct 31, 2022 0.08
Jul 31, 2022 0.35
Apr 30, 2022 0.21
Jan 31, 2022 0.17
Oct 31, 2021 0.14
Jul 31, 2021 0.13
Apr 30, 2021 -0.79
Jan 31, 2021 -2.31
Oct 31, 2020 0.45