Okta Balance Sheet Health
Financial Health criteria checks 6/6
Okta has a total shareholder equity of $6.1B and total debt of $1.1B, which brings its debt-to-equity ratio to 18.1%. Its total assets and total liabilities are $9.1B and $2.9B respectively.
Key information
18.1%
Debt to equity ratio
US$1.11b
Debt
| Interest coverage ratio | n/a |
| Cash | US$2.36b |
| Equity | US$6.13b |
| Total liabilities | US$2.93b |
| Total assets | US$9.07b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: O1KT34's short term assets ($3.0B) exceed its short term liabilities ($1.7B).
Long Term Liabilities: O1KT34's short term assets ($3.0B) exceed its long term liabilities ($1.3B).
Debt to Equity History and Analysis
Debt Level: O1KT34 has more cash than its total debt.
Reducing Debt: O1KT34's debt to equity ratio has reduced from 111.6% to 18.1% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable O1KT34 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: O1KT34 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 55.4% per year.