Okta Other Non Cash Items from 2010 to 2024

OKTA Stock  USD 81.54  1.48  1.78%   
Okta's Other Non Cash Items is increasing over the years with slightly volatile fluctuation. Overall, Other Non Cash Items is expected to go to about 63.1 M this year. From 2010 to 2024 Okta Other Non Cash Items quarterly data regression line had arithmetic mean of  43,258,211 and r-squared of  0.54. View All Fundamentals
 
Other Non Cash Items  
First Reported
2016-01-31
Previous Quarter
33 M
Current Value
159 M
Quarterly Volatility
27.9 M
 
Yuan Drop
 
Covid
Check Okta financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Okta's main balance sheet or income statement drivers, such as Depreciation And Amortization of 48.6 M, Interest Expense of 7.6 M or Selling General Administrative of 472.5 M, as well as many indicators such as Price To Sales Ratio of 5.68, Dividend Yield of 0.0 or PTB Ratio of 2.18. Okta financial statements analysis is a perfect complement when working with Okta Valuation or Volatility modules.
  
Check out the analysis of Okta Correlation against competitors.

Latest Okta's Other Non Cash Items Growth Pattern

Below is the plot of the Other Non Cash Items of Okta Inc over the last few years. It is Okta's Other Non Cash Items historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Okta's overall financial position and show how it may be relating to other accounts over time.
Other Non Cash Items10 Years Trend
Slightly volatile
   Other Non Cash Items   
       Timeline  

Okta Other Non Cash Items Regression Statistics

Arithmetic Mean43,258,211
Geometric Mean18,503,107
Coefficient Of Variation112.56
Mean Deviation39,631,881
Median20,125,000
Standard Deviation48,692,044
Sample Variance2370.9T
Range141.4M
R-Value0.74
Mean Square Error1167.1T
R-Squared0.54
Significance0
Slope8,022,272
Total Sum of Squares33192.8T

Okta Other Non Cash Items History

202463.1 M
202339 M
2022110 M
2021144.5 M
2020125.2 M
201970.8 M
201836.8 M

About Okta Financial Statements

Okta stakeholders use historical fundamental indicators, such as Okta's Other Non Cash Items, to determine how well the company is positioned to perform in the future. Although Okta investors may analyze each financial statement separately, they are all interrelated. For example, changes in Okta's assets and liabilities are reflected in the revenues and expenses on Okta's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Okta Inc. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Other Non Cash Items39 M63.1 M

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When determining whether Okta Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Okta's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Okta Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Okta Inc Stock:
Check out the analysis of Okta Correlation against competitors.
You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Is Internet Services & Infrastructure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Okta. If investors know Okta will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Okta listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.34)
Revenue Per Share
14.715
Quarterly Revenue Growth
0.162
Return On Assets
(0.02)
Return On Equity
(0.02)
The market value of Okta Inc is measured differently than its book value, which is the value of Okta that is recorded on the company's balance sheet. Investors also form their own opinion of Okta's value that differs from its market value or its book value, called intrinsic value, which is Okta's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Okta's market value can be influenced by many factors that don't directly affect Okta's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Okta's value and its price as these two are different measures arrived at by different means. Investors typically determine if Okta is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Okta's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.