How much debt does Atlassian have?
According to Atlassian's latest annual financial reports, the company's debt profile is as follows:
Total Debt and Liabilities
Atlassian's total debt stands at $1.25B. This is broken down into:
- Long-term debt: $1.20B
- Short-term debt: $97.91M
The company's net debt, which accounts for cash and cash equivalents, is $-927.59M. In terms of overall financial obligations, Atlassian's total liabilities amount to $4.18B.
Debt Ratios and Metrics
To better understand Atlassian's debt position, we can look at several key ratios:
- Debt to Equity Ratio: 1.21 - this indicates the proportion of equity and debt the company uses to finance its assets.
- Debt Ratio: 23.97% - this shows the proportion of a company's assets that are financed through debt.
- Interest Coverage Ratio: -3.44 - this measures how easily a company can pay interest on its outstanding debt.
- Long-term Debt to Capitalization: 48.84% - this shows the proportion of long-term debt in the company's capital structure.
- Total Debt to Capitalization: 54.74% - this indicates the total debt in the company's capital structure.
These metrics provide insight into Atlassian's financial leverage and its ability to meet financial obligations. For a comprehensive understanding of the company's financial health, it's important to consider these debt metrics alongside other financial indicators and industry benchmarks.
Total Debt
$1.25B
Long-term Debt
$1.20B
Short-term Debt
$97.91M
Net Debt
$-927.59M
Total Liabilities
$4.18B
Interest Coverage
-3.44
Debt to Equity Ratio
1.21
Debt Ratio
23.97%
Atlassian Historical Debt Metrics
Atlassian Historical Debt
The table below shows various debt metrics for each year, with the latest data available for the last fiscal year 2024.
| Year | Total Debt | Long-term Debt | Short-term Debt | Net Debt | Total Liabilities | Debt to Equity | Debt Ratio | Interest Coverage | Long-term Debt to Capitalization | Total Debt to Capitalization |
|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $1.25B | $1.20B | $97.91M | $-927.59M | $4.18B | 1.21 | 23.97% | -3.44 | 48.84% | 54.74% |
| 2023 | $1.28B | $1.20B | $127.36M | $-820.19M | $3.45B | 1.96 | 31.23% | -11.45 | 59.51% | 66.20% |
| 2022 | $1.31B | $1.27B | $32.52M | $-70.77M | $3.03B | 3.92 | 39.11% | -4.12 | 74.86% | 79.66% |
| 2021 | $605.35M | $214.10M | $433.69M | $-313.88M | $2.65B | 2.05 | 20.55% | 0.83 | 0.00% | 67.24% |
| 2020 | $1.15B | $229.82M | $923.93M | $-326.22M | $3.32B | 2.01 | 29.63% | 0.28 | 0.00% | 66.73% |
| 2019 | $853.58M | $- | $855.19M | $-414.87M | $2.41B | 1.51 | 28.67% | -1.57 | 0.00% | 60.15% |
| 2018 | $819.64M | $819.64M | $- | $-590.70M | $1.53B | 0.92 | 33.81% | -7.90 | 47.86% | 47.86% |
| 2017 | $688.00K | $- | $- | $-243.73M | $389.81M | 0.00 | 0.05% | -841.15 | 0.00% | 0.08% |
| 2016 | $766.00K | $- | $- | $-258.94M | $259.31M | 0.00 | 0.08% | -82.82 | 0.00% | 0.10% |
| 2015 | $526.00K | $- | $- | $-186.57M | $207.11M | 0.00 | 0.13% | 5.64 | 0.00% | 0.28% |
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