Atlassian

TEAM Cloud & Enterprise Software 6/10 Medium Risk

6/10

↑ 1 → 6 over 28 weeks

Sector avg: 2.0/10

▲

Risk Score Increased

3/10 → 6/10

Risk level moved from Low Risk to Medium Risk. Score changed by 3 points as of 2026-09-06.

What changed

▼ Interest coverage: -4.3x → 0.3x (improved)

▼ Debt-to-equity: 1.13 → 0.93 (improved)

Atlassian has $990M in scheduled debt maturities. TEAM shows interest coverage of just 0.3x, meaning operating income barely covers interest payments. DebtCanary scores TEAM at 6/10, indicating moderate refinancing pressure.

Maturity Schedule

As of 2026-06-30 (latest SEC filing with maturity data). Debt actions taken after this date will only appear once SEC processes the relevant XBRL filing.

⚠ This schedule may be incomplete: some maturity buckets were excluded because they only appear in older filings. Totals and concentration are not computed from partial schedules.

Period	Amount Due	% of Total
Year 1 (0-12 months)	N/A	N/A
Year 2 (12-24 months)	N/A	N/A
Year 3 (24-36 months)	N/A	N/A
Year 4 (36-48 months)	N/A	N/A
Year 5 (48-60 months)	N/A	N/A
Beyond 5 Years	$990M	100.0%
Total Scheduled Maturities	$990M	100.0%

Key Metrics

Total Long-Term Debt

N/A

Near-Term (12mo)

N/A

Interest Coverage

0.3x

Debt/Equity

0.93

Cash Coverage

N/A

Operating Income

$10M

EBITDA

$151M

Debt / EBITDA

6.6x

EBITDA / Interest

5.0x

How This Score Was Computed

Weighted average of 2 scored components (raw 6.00, rounded to 6). Weights of skipped components are redistributed proportionally among those scored.

Component	Value	Sub-Score	Weight Used
Near-Term Maturity Concentration Parts of the maturity schedule only appear in older filings, so concentration would be measured against an incomplete total. Skipped rather than reported as a misleadingly high number.	N/A	—	not scored
Interest Coverage Ratio Show calculation Operating income / Interest expense Operating income: $10M Interest expense: $30M	0.34x	9/10	50%
Debt-to-Equity Ratio Show calculation Long-term debt / Stockholders' equity Long-term debt: $990M Stockholders' equity: $1.1B No balance-sheet long-term debt figure was reported; total scheduled maturities used as the debt proxy.	0.93	3/10	50%
Cash Coverage of Near-Term Debt No near-term debt obligation was reported (no Year-1 maturity bucket and no balance-sheet short-term debt).	N/A	—	not scored
Cash Runway Only scored when a company is burning cash. Operating cash flow is positive (or unreported), so runway isn't a constraint.	N/A	—	not scored

"Weight Used" shows each component's share after the weights of unscored components are redistributed. Full thresholds and formulas are on the methodology page.

Recent SEC Filings

Material disclosures from Atlassian's most recent EDGAR filings. 8-K item labels indicate the type of event reported.

Date	Form	Details
2026-08-14	10-K	Annual report
2026-08-06	8-K	Earnings Results, Other Events
2026-05-01	10-Q	Quarterly report
2026-04-30	8-K	Earnings Results
2026-03-11	8-K	Restructuring Costs, Officer / Director Change, Reg FD Disclosure
2026-02-18	8-K	Officer / Director Change
2026-02-06	10-Q	Quarterly report
2026-02-05	8-K	Earnings Results

Related Companies

Microsoft

MSFT

3/10

Debt: $40.3B 12mo: $9.2B

Oracle

ORCL

4/10

Debt: $42.7B 12mo: $7.2B

Salesforce

CRM

3/10

Debt: $39.3B 12mo: $0

Snowflake

SNOW

Debt: N/A 12mo: N/A

Palantir Technologies

Debt: $5.4B 12mo: N/A

Adobe

ADBE

3/10

Debt: $4.8B 12mo: $850M

Intuit

INTU

3/10

Debt: $6.2B 12mo: $1.2B

Data Source: Financial data sourced from SEC EDGAR XBRL filings (10-K annual reports). Fiscal period end: 2026-06-30. Filing date: 2026-08-14. Data last fetched: 2026-09-06. Maturity schedules reflect the company's most recently reported debt repayment obligations. Data quality: Partial.
View SEC EDGAR filings for Atlassian →