ZS Debt-to-Equity Ratio Analysis
Higher than 70% of Technology sector peers
Updated 854h ago·SEC filings & market data
Key Takeaway
The debt-to-equity ratio of 0.72x shows that ZS has 72 cents of debt for every dollar of shareholder equity, meaning the company uses a meaningful amount of borrowing to fund its assets.
Sector Performance
70th percentileZS
0.72x
Sector Median
0.17x
Sector Avg
0.26x
Prior Period
0.79x(Jun 2026)
Deep Analysis
The debt-to-equity ratio of 0.72x shows that ZS has 72 cents of debt for every dollar of shareholder equity, meaning the company uses a meaningful amount of borrowing to fund its assets.
Within the Technology sector, the median company sits at 0.17x, placing ZS at the 69th percentile, so its leverage is well above most sector peers. No year-over-year or quarter-over-quarter changes are available, and the single historical value of 0.72x means the trend cannot be assessed as increasing, decreasing, or stable. The level shows elevated financial risk relative to the sector, but the absence of trend data removes any signal of rising pressure or improvement. This high leverage contradicts a NE
Frequently Asked Questions
What does the Debt-to-Equity Ratio tell investors about ZS?
Shows how much a company is financing its operations through debt vs shareholder funds. High D/E can amplify returns — and losses.
How is the Debt-to-Equity Ratio calculated?
Debt-to-Equity Ratio is calculated as: Total Debt / Shareholders' Equity.
How does ZS's Debt-to-Equity Ratio compare to its sector?
ZS's Debt-to-Equity Ratio of 0.72x compares to a Technology sector median of 0.17x, placing it in the 70th percentile.
Who are ZS's closest peers by Debt-to-Equity Ratio?
The closest Technology peers by Debt-to-Equity Ratio include: SQ (0.07x), PCTY (0.07x), AMD (0.06x), SMAR (0.06x), KLIC (0.05x).
Learn More About Debt-to-Equity Ratio
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Debt/Equity Ratio: How Much Debt Is Too Much?
The debt to equity ratio explained: why context, interest coverage, and sector norms matter far more than the raw number when assessing debt risk.
The Formula
Total Debt / Shareholders' Equity
Why It Matters
Shows how much a company is financing its operations through debt vs shareholder funds. High D/E can amplify returns — and losses.
Master ZS's Valuation
Get the complete institutional research report covering all fundamental and technical metrics.
View full ZS research report →ZS
0.72x
Sector Median
0.17x
Sector Avg
0.26x
How ZS's Debt-to-Equity Ratio compares to sector peers.
Also Analyze
Not financial advice. Research tool only. Data may be delayed.