Palo Alto Networks Inc (NASDAQ:PANW) shares are trading higher Tuesday after the company reported better-than-expected results for the fourth quarter and issued strong guidance.

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]

Evercore ISI analyst explains why federal spending cuts aren't a risk for Palo Alto Networks federal business.