What is Okta Debt-to-Equity?
Okta's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $31 Mil. Okta's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $1,266 Mil. Okta's Total Stockholders Equity for the quarter that ended in Jan. 2024 was $5,888 Mil.
Okta's debt to equity for the quarter that ended in Jan. 2024 was 0.22.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Okta's Debt-to-Equity or its related term are showing as below:
OKTA'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.22 Med: 1.07 Max: 2.84
Current: 0.22
During the past 10 years, the highest Debt-to-Equity Ratio of Okta was 2.84. The lowest was 0.22. And the median was 1.07.
Okta Debt-to-Equity Historical Data
The historical data trend for Okta's Debt-to-Equity can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Okta Debt-to-Equity Chart
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Okta Annual Data
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Trend |
Jan15 |
Jan16 |
Jan17 |
Jan18 |
Jan19 |
Jan20 |
Jan21 |
Jan22 |
Jan23 |
Jan24 |
| Debt-to-Equity |
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2.72 |
2.84 |
0.34 |
0.43 |
0.22 |
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Okta Quarterly Data
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Apr19 |
Jul19 |
Oct19 |
Jan20 |
Apr20 |
Jul20 |
Oct20 |
Jan21 |
Apr21 |
Jul21 |
Oct21 |
Jan22 |
Apr22 |
Jul22 |
Oct22 |
Jan23 |
Apr23 |
Jul23 |
Oct23 |
Jan24 |
| Debt-to-Equity |
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0.43 |
0.36 |
0.28 |
0.25 |
0.22 |
Competitive Comparison of Okta's Debt-to-Equity
For the Software - Infrastructure subindustry, Okta's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Okta's Debt-to-Equity Distribution in the Software Industry
For the Software industry and Technology sector, Okta's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Okta's Debt-to-Equity falls into.
Okta Debt-to-Equity Calculation
Debt to Equity measures the financial leverage a company has.
Okta's Debt to Equity Ratio for the fiscal year that ended in Jan. 2024 is calculated as
Okta's Debt to Equity Ratio for the quarter that ended in Jan. 2024 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Okta (OKTA) Business Description
Traded in Other Exchanges
Address
100 First Street, Suite 600, San Francisco, CA, USA, 94105
Okta is a cloud-native security company that focuses on identity and access management. The San Francisco-based firm went public in 2017 and focuses on two key client stakeholder groups: workforces and customers. Okta's workforce offerings enable a company's employees to securely access its cloud-based and on-premises resources. The firm's customer offerings allow its clients' customers to securely access the client's applications.
Executives
| Larissa Schwartz |
officer: See Remarks |
C/O OKTA, INC., 100 FIRST STREET, SUITE 600, SAN FRANCISCO CA 94105 |
| Jacques Frederic Kerrest |
director, officer: Chief Operating Officer |
C/O OKTA, INC., 301 BRANNAN STREET 1ST FLOOR, SAN FRANCISCO CA 94107 |
| Shibu Ninan |
officer: Chief Accounting Officer |
C/O OKTA, INC., 100 FIRST STREET, SUITE 600, SAN FRANCISCO CA 94105 |
| Brett Tighe |
officer: See Remarks |
C/O OKTA, INC., 100 FIRST STREET, SUITE 600, SAN FRANCISCO CA 94105 |
| Todd Mckinnon |
director, 10 percent owner, officer: Chief Executive Officer |
C/O OKTA, INC., 301 BRANNAN STREET 1ST FLOOR, SAN FRANCISCO CA 94107 |
| Jonathan T Runyan |
officer: General Counsel and Secretary |
C/O OKTA, INC., 301 BRANNAN STREET 1ST FLOOR, SAN FRANCISCO CA 94107 |
| Ledger Susan St. |
officer: See Remarks |
C/O OKTA, INC., 100 FIRST STREET, SUITE 600, SAN FRANCISCO CA 94105 |
| Dixon Robert L Jr |
director |
120 MONUMENT CIRCLE, INDIANAPOLIS IN 46204 |
| Emilie Choi |
director |
C/O COINBASE GLOBAL, INC., 100 PINE STREET, SUITE 1250, SAN FRANCISCO CA 94111 |
| Christopher K Kramer |
officer: Chief Accounting Officer |
C/O OKTA, INC., 100 FIRST STREET, SUITE 600, SAN FRANCISCO CA 94105 |
| Benjamin A Horowitz |
director, 10 percent owner |
2865 SAND HILL ROAD #101, MENLO PARK CA 94025 |
| Jeff Epstein |
director |
C/O PRICELINE COM INC, 800 CONNECTICUT AVENUE, NORWALK CT 06854 |
| Michael R Kourey |
director |
|
| William E Losch |
officer: Chief Financial Officer |
DREAMWORKS ANIMATION SKG, INC., 1000 FLOWER STREET, GLENDALE CA 91201 |
| Charles Race |
officer: See Remarks |
C/O INFORMATICA CORPORATION, 2100 SEAPORT BOULEVARD, REDWOOD CITY CA 94063 |
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