Okta's Total Assets for the quarter that ended in Jan. 2025 was $9,437 Mil.
Warning Sign:
If a company builds assets at 73.5% a year, faster than its revenue growth rate of 25.6% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Okta's average Total Assets Growth Rate was 1.90% per year.
During the past 3 years, the average Total Assets Growth Rate was 1.00% per year.
During the past 5 years, the average Total Assets Growth Rate was 73.50% per year.
During the past 10 years, the average Total Assets Growth Rate was 81.70% per year.
During the past 11 years, Okta's highest 3-Year average Total Assets Growth Rate was 151.70%. The lowest was 1.00%. And the median was 85.30%.
Total Assets is connected with ROA %. Okta's annualizedROA % for the quarter that ended in Jan. 2025 was 1.00%. Total Assets is also linked to Revenue through Asset Turnover. Okta's Asset Turnover for the quarter that ended in Jan. 2025 was 0.07.
Okta Total Assets Historical Data
The historical data trend for Okta's Total Assets 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.
From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.
Okta's Total Assets for the fiscal year that ended in Jan. 2025 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.
Note:
The Net Income data used here is four times the quarterly (Jan. 2025) data.
In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.
Total Assets is linked to total revenue through Asset Turnover.
Okta's Asset Turnover for the quarter that ended in Jan. 2025 is
* 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.
Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.
Okta Total Assets Related Terms
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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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