Okta Balance Sheet Health
Financial Health criteria checks 6/6
Okta has a total shareholder equity of $6.3B and total debt of $858.0M, which brings its debt-to-equity ratio to 13.7%. Its total assets and total liabilities are $9.0B and $2.7B respectively.
Key information
13.7%
Debt to equity ratio
US$858.00m
Debt
| Interest coverage ratio | n/a |
| Cash | US$2.25b |
| Equity | US$6.27b |
| Total liabilities | US$2.75b |
| Total assets | US$9.01b |
Recent financial health updates
Okta (NASDAQ:OKTA) Has Debt But No Earnings; Should You Worry?
Nov 02
Is Okta (NASDAQ:OKTA) Using Debt In A Risky Way?
Jul 30Is Okta (NASDAQ:OKTA) Using Debt Sensibly?
Apr 14Recent updates
Is Okta, Inc. (NASDAQ:OKTA) Trading At A 33% Discount?
Feb 04Okta: Cybersecurity Leader In IAM Submarket
Jan 31Okta: Mind The GAAP
Jan 15Risks To Shareholder Returns Are Elevated At These Prices For Okta, Inc. (NASDAQ:OKTA)
Jan 04Okta's Breakout Imminent - Wait Out The Near-Term Customer Retention Issues
Dec 30Okta: You Should Be Thankful It's Still So Cheap
Dec 16Okta: Growth Outlook Has Gotten Better
Dec 10Okta Earnings: Conservative Guidance Leaves Room For Upside
Dec 04Okta: The Underdog's Advantage
Nov 07Okta (NASDAQ:OKTA) Has Debt But No Earnings; Should You Worry?
Nov 02Okta, Inc.'s (NASDAQ:OKTA) Shares May Have Run Too Fast Too Soon
Oct 04Okta: Bargain Stock With A Path To Recovery (Rating Upgrade)
Sep 30Okta Earnings: Game Over, Time To Log Out (Downgrade)
Aug 29Okta: Low Debt And High Margins In A Growing Tech Industry
Aug 22Is Okta (NASDAQ:OKTA) Using Debt In A Risky Way?
Jul 30Okta: With Guidance Boost, I'm Diving Back In
Jul 30Okta: Why I'm Initiating With A Buy
Jul 12What Does Okta, Inc.'s (NASDAQ:OKTA) Share Price Indicate?
Jul 12Okta: The Turnaround Is Underway (Ratings Upgrade)
Jul 01Okta: Navigating Volatility For Sustainable Growth, Buy
May 31Okta Is Priced For More Growth Than What The Firm Has To Offer (Earnings Preview)
May 24Is Okta, Inc. (NASDAQ:OKTA) Trading At A 27% Discount?
May 21Okta: Rating Upgrade As Management Drives Focused 'Go-To-Market' Strategies And Expands Margins
Apr 23Is Okta (NASDAQ:OKTA) Using Debt Sensibly?
Apr 14Okta: Assessing Overly Optimistic Consensus Estimates And Valuations
Apr 01Should You Think About Buying Okta, Inc. (NASDAQ:OKTA) Now?
Mar 27Okta: Time To Take Chips Off The Table (Rating Downgrade)
Mar 22Okta Q4 Earnings: Revised Rating To Buy On Surprising Free Cash Flow Surge
Feb 29Okta: Zero-Trust Security Providing Further Upside Potential
Feb 20Are Investors Undervaluing Okta, Inc. (NASDAQ:OKTA) By 30%?
Feb 11Okta: Hold Until Management Provides Clearer Guidance
Feb 04Financial Position Analysis
Short Term Liabilities: OKTA's short term assets ($3.0B) exceed its short term liabilities ($2.2B).
Long Term Liabilities: OKTA's short term assets ($3.0B) exceed its long term liabilities ($511.0M).
Debt to Equity History and Analysis
Debt Level: OKTA has more cash than its total debt.
Reducing Debt: OKTA's debt to equity ratio has reduced from 232.8% to 13.7% 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 OKTA has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: OKTA is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 54.2% per year.
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/06 06:50 |
| End of Day Share Price | 2025/02/06 00:00 |
| Earnings | 2024/10/31 |
| Annual Earnings | 2024/01/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Okta, Inc. is covered by 62 analysts. 40 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Shrenik Kothari | Baird |
| Ishan Majumdar | Baptista Research |
| Saket Kalia | Barclays |