Okta (BSP:O1KT34) Debt-to-Asset : 0.14 (As of Jan. 2024)

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What is Okta Debt-to-Asset?

Okta's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was R$152 Mil. Okta's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was R$6,226 Mil. Okta's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jan. 2024 was R$44,210 Mil. Okta's debt to asset for the quarter that ended in Jan. 2024 was 0.14.

Okta Debt-to-Asset Historical Data

The historical data trend for Okta's Debt-to-Asset 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.

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Okta Debt-to-Asset Chart

Okta Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Debt-to-Asset

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0.57

0.60

0.22

0.25

0.14

Okta Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Debt-to-Asset	Get a 7-Day Free Trial															0.25	0.22	0.18	0.16	0.14

Competitive Comparison of Okta's Debt-to-Asset

For the Software - Infrastructure subindustry, Okta's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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-Asset Distribution in the Software Industry

For the Software industry and Technology sector, Okta's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Okta's Debt-to-Asset falls into.

Okta Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Okta's Debt-to-Asset for the fiscal year that ended in Jan. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(152.464	+	6226.441)	/	44209.7
	=	0.14

Okta's Debt-to-Asset for the quarter that ended in Jan. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(152.464	+	6226.441)	/	44209.7
	=	0.14

Okta (BSP:O1KT34) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Okta Debt-to-Asset Related Terms

Thank you for viewing the detailed overview of Okta's Debt-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Okta (BSP:O1KT34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Okta Inc (BSP:O1KT34) » Definitions » Debt-to-Asset

Comparable Companies

GEN GDDY DOX IOT DBX FFIV NTNX PATH TOST CFLT MSFT ORCL ADBE PANW SNPS VMW FTNT CRWD PLTR SPLK

Traded in Other Exchanges

OKTA:USA OKTA:Mexico 0OK:Germany

Address

100 First Street, Suite 600, San Francisco, CA, USA, 94105

Website

https://www.okta.com

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.

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