Debt-to-equity of Zscaler, Inc. from 31 Jan 2019 to 31 Oct 2025

Taxonomy & unit: ratio: %
Description: Debt-to-equity (D/E) ratio is used to evaluate a company's financial leverage and is calculated by dividing a company's total liabilities by its shareholder equity.
Summary: Zscaler, Inc. quarterly Debt-to-equity in % history and change rate from 31 Jan 2019 to 31 Oct 2025.
Zscaler, Inc. Debt-to-equity for the quarter ending 31 Oct 2025 was 223%, a 17% decline year-over-year.

Debt-to-equity, Quarterly (%)

Debt-to-equity, YoY Quarterly Change (%)

Zscaler, Inc. Quarterly Debt-to-equity (%)

Period	Value	YoY Chg	Change %	Date
Q3 2025	223%	-46%	-17%	31 Oct 2025
Q2 2025	223%	-75%	-25%	31 Jul 2025
Q1 2025	223%	-106%	-32%	30 Apr 2025
Q4 2024	245%	-120%	-33%	31 Jan 2025
Q3 2024	269%	-137%	-34%	31 Oct 2024
Q2 2024	299%	-156%	-34%	31 Jul 2024
Q1 2024	329%	-129%	-28%	30 Apr 2024
Q4 2023	365%	-79%	-18%	31 Jan 2024
Q3 2023	406%	-5%	-1.2%	31 Oct 2023
Q2 2023	455%	+93%	+26%	31 Jul 2023
Q1 2023	458%	+113%	+33%	30 Apr 2023
Q4 2022	444%	+116%	+35%	31 Jan 2023
Q3 2022	411%	+98%	+31%	31 Oct 2022
Q2 2022	362%	+61%	+20%	31 Jul 2022
Q1 2022	345%	+57%	+20%	30 Apr 2022
Q4 2021	328%	+76%	+30%	31 Jan 2022
Q3 2021	314%	+101%	+47%	31 Oct 2021
Q2 2021	301%	+134%	+80%	31 Jul 2021
Q1 2021	288%	+180%	+167%	30 Apr 2021
Q4 2020	252%	+152%	+153%	31 Jan 2021
Q3 2020	213%	+119%	+127%	31 Oct 2020
Q2 2020	167%	+79%	+89%	31 Jul 2020
Q1 2020	108%	+22%	+26%	30 Apr 2020
Q4 2019	100%	+19%	+24%	31 Jan 2020
Q3 2019	94%			31 Oct 2019
Q2 2019	88%			31 Jul 2019
Q1 2019	86%			30 Apr 2019
Q4 2018	81%			31 Jan 2019

* An asterisk sign (*) next to the value indicates that the value is likely invalid.