Palo Alto Networks' Debt figure was $338 Mil at the end of the most recent quarter, while its market capitalization is $132 Bil. This implies a very strong Debt-to-Equity Ratio of 0.3% (vs. 21.2% for S&P 500). [Note: A low Debt-to-Equity Ratio is desirable]

Palo Alto's share price dropped after the company announced on July 30 the impending acquisition of CyberArk for $25 billion. Its stock's decline was understandable given this is the largest acquisition under Palo Alto Networks CEO Nikesh Arora since he took over the top spot in 2018.

The cybersecurity company’s recent “platformization” push has paid off, and investors are optimistic about future growth.