Okta Balance Sheet Health
Financial Health criteria checks 6/6
Okta has a total shareholder equity of $5.9B and total debt of $1.2B, which brings its debt-to-equity ratio to 19.6%. Its total assets and total liabilities are $9.0B and $3.1B respectively.
Key information
19.6%
Debt to equity ratio
US$1.15b
Debt
| Interest coverage ratio | n/a |
| Cash | US$2.20b |
| Equity | US$5.89b |
| Total liabilities | US$3.10b |
| Total assets | US$8.99b |
Recent financial health updates
Is Okta (NASDAQ:OKTA) Using Debt Sensibly?
Apr 14
Okta (NASDAQ:OKTA) Has Debt But No Earnings; Should You Worry?
Jan 06Is Okta (NASDAQ:OKTA) Weighed On By Its Debt Load?
Sep 25Is Okta (NASDAQ:OKTA) Using Debt Sensibly?
Jun 20Does Okta (NASDAQ:OKTA) Have A Healthy Balance Sheet?
Feb 14Does Okta (NASDAQ:OKTA) Have A Healthy Balance Sheet?
Jul 31Recent updates
Okta: 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 04Okta (NASDAQ:OKTA) Has Debt But No Earnings; Should You Worry?
Jan 06Subdued Growth No Barrier To Okta, Inc.'s (NASDAQ:OKTA) Price
Dec 19Is Okta, Inc. (NASDAQ:OKTA) Potentially Undervalued?
Nov 25Is Okta (NASDAQ:OKTA) Weighed On By Its Debt Load?
Sep 25An Intrinsic Calculation For Okta, Inc. (NASDAQ:OKTA) Suggests It's 31% Undervalued
Sep 04Is Now The Time To Look At Buying Okta, Inc. (NASDAQ:OKTA)?
Aug 14Okta, Inc.'s (NASDAQ:OKTA) P/S Still Appears To Be Reasonable
Jul 27Is Okta (NASDAQ:OKTA) Using Debt Sensibly?
Jun 20Calculating The Intrinsic Value Of Okta, Inc. (NASDAQ:OKTA)
May 06What Is Okta, Inc.'s (NASDAQ:OKTA) Share Price Doing?
Apr 15Does Okta (NASDAQ:OKTA) Have A Healthy Balance Sheet?
Feb 14Estimating The Fair Value Of Okta, Inc. (NASDAQ:OKTA)
Dec 24Okta: The Market Leader In Identity Management At A Bargain Valuation
Oct 03OKTA Stock: 50% Undervalued, But Demand Headwinds Might Send The Stock Lower
Sep 20Is Okta Stock A Buying Opportunity After Price Crashes Over 25%?
Sep 13If You Like Okta, Better Like It With Options
Sep 01Why Okta, (NASDAQ:OKTA) Twilio (NYSE:TWLO) and Akamai (NASDAQ:AKAM) May Fit Together in the Authentication Segment
Sep 01Buy Okta Heading Into The Earnings Print: The Giant Will Awaken
Aug 26Okta: A Winning Cybersecurity Opportunity
Aug 17Does Okta (NASDAQ:OKTA) Have A Healthy Balance Sheet?
Jul 31Okta: It's Good, But Not Good Enough
Jul 20Okta: Finally Time To Go Long
Jul 11SaaS Pair Trade: Buy Okta, Short Toast
Jun 30Okta Stock: Large Risk, Large Return
Jun 09Okta Jumps After Earnings: Time To Pounce
Jun 03Okta: Better Sell Before Its Upcoming Earnings Release
May 24Financial Position Analysis
Short Term Liabilities: OKTA's short term assets ($3.0B) exceed its short term liabilities ($1.8B).
Long Term Liabilities: OKTA's short term assets ($3.0B) exceed its long term liabilities ($1.3B).
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 107.6% to 19.6% 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 54.1% per year.