Palo Alto Networks Inc

NASDAQ PANW

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Palo Alto Networks Inc Asset Coverage Ratio 3 year CAGR for the quarter ending July 31, 2021: 3.88%

Palo Alto Networks Inc Asset Coverage Ratio 3 year CAGR is 3.88% for the quarter ending July 31, 2021. The asset coverage ratio assesses the extent to which a company's tangible assets can cover its total debt obligations. It is calculated by dividing the difference between total assets and intangible assets by total debt. This ratio provides an indication of a company's ability to repay its debt using its tangible assets. A higher asset coverage ratio suggests a lower financial risk, as the company has a greater cushion of tangible assets to support its debt obligations. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.
  • Palo Alto Networks Inc Asset Coverage Ratio for the quarter ending April 30, 2021 was 2.57.
NASDAQ: PANW

Palo Alto Networks Inc

CEO Mr. Nikesh Arora C.F.A.
IPO Date July 20, 2012
Location United States
Headquarters 3000 Tannery Way, Santa Clara, CA, United States, 95054
Employees 15,166
Sector Technology
Industry Software - infrastructure
Description

Palo Alto Networks, Inc. provides cybersecurity solutions worldwide. The company offers firewall appliances and software; and Panorama, a security management solution for the global control of network security platform as a virtual or a physical appliance. It also provides subscription services covering the areas of threat prevention, malware and persistent threat, URL filtering, laptop and mobile device protection, DNS security, Internet of Things security, SaaS security API, and SaaS security inline, as well as threat intelligence, and data loss prevention. In addition, the company offers cloud security, secure access, security operations, and threat intelligence and security consulting; professional services, including architecture design and planning, implementation, configuration, and firewall migration; education services, such as certifications, as well as online and in-classroom training; and support services. It sells its products and services through its channel partners, as well as directly to medium to large enterprises, service providers, and government entities operating in various industries, including education, energy, financial services, government entities, healthcare, Internet and media, manufacturing, public sector, and telecommunications. Palo Alto Networks, Inc. was incorporated in 2005 and is headquartered in Santa Clara, California.

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StockViz Staff

September 20, 2024

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