Okta Financials

OKTA Stock  USD 89.34  1.54  1.69%   
Based on the key measurements obtained from Okta's financial statements, Okta Inc is not in a good financial situation at the present time. It has a very high chance of going through financial crunch in March. At present, Okta's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Other Current Liabilities is expected to grow to about 298.3 M, whereas Net Tangible Assets are projected to grow to (191.2 M). Key indicators impacting Okta's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.230.25
Significantly Down
Pretty Stable
Current Ratio1.421.51
Notably Down
Pretty Stable
The essential information of the day-to-day investment outlook for Okta includes many different criteria found on its balance sheet. An individual investor should monitor Okta's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Okta.

Net Income

(335.48 Million)

  

Okta Inc Earnings Geography

Please note, the presentation of Okta's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Okta's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Okta's management manipulating its earnings.

Okta Stock Summary

Okta competes with Crowdstrike Holdings, Cloudflare, MongoDB, Palo Alto, and Zscaler. Okta, Inc. provides identity solutions for enterprises, small and medium-sized businesses, universities, non-profits, and government agencies in the United States and internationally. Okta, Inc. was incorporated in 2009 and is headquartered in San Francisco, California. Okta Inc operates under SoftwareInfrastructure classification in the United States and is traded on NASDAQ Exchange. It employs 5776 people.
Specialization
Information Technology, Software - Infrastructure
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS6792951054
CUSIP679295105
LocationCalifornia; U.S.A
Business Address100 First Street,
SectorIT Services
IndustryInformation Technology
BenchmarkDow Jones Industrial
Websitewww.okta.com
Phone888 722 7871
CurrencyUSD - US Dollar

Okta Key Financial Ratios

Okta Key Balance Sheet Accounts

202020212022202320242025 (projected)
Total Assets3.3B9.2B9.3B9.0B10.3B10.9B
Other Current Liab102.2M207M179M247M284.1M298.3M
Other Liab11.6M22.2M54.7M41M47.2M49.5M
Net Tangible Assets324.8M619.0M203.5M(175M)(201.3M)(191.2M)
Net Debt1.5B1.7B2.1B932M1.1B723.6M
Retained Earnings(967.5M)(1.8B)(2.5B)(2.8B)(2.5B)(2.4B)
Accounts Payable3.8M8.6M20M12M13.8M11.6M
Cash434.6M260M264M334M384.1M256.8M
Other Assets96.4M132.8M233.3M231M265.7M278.9M
Net Receivables194.8M398M481M559M642.9M675.0M
Other Current Assets127.6M141M168M219M251.9M264.4M
Total Liab2.6B3.3B3.8B3.1B3.6B3.7B
Total Current Assets2.9B3.0B3.2B3.0B3.4B3.6B
Short Term Debt932.1M43M32M31M35.7M33.9M
Intangible Assets27.0M317M241M182M209.3M219.8M
Common Stock11K12K13K16K18.4K10.2K
Long Term Debt857.4M1.8B2.2B1.2B1.3B942.9M
Capital Surpluse1.1B1.7B7.7B8.0B9.2B9.6B

Okta Key Income Statement Accounts

202020212022202320242025 (projected)
Interest Expense72.7M92.2M11M8M9.2M8.7M
Total Revenue835.4M1.3B1.9B2.3B2.6B2.7B
Gross Profit617.7M903.8M1.3B1.7B1.9B2.0B
Operating Income(204.2M)(767.1M)(783M)(460M)(414M)(434.7M)
Ebit(232.5M)(757.5M)(790M)(314M)(282.6M)(296.7M)
Research Development222.8M469.3M620M656M754.4M792.1M
Ebitda(156M)(649.9M)(676M)(230M)(207M)(217.4M)
Cost Of Revenue217.7M396.4M546M581M668.2M701.6M
Income Before Tax(266.2M)(849.7M)(801M)(337M)(303.3M)(318.5M)
Net Income(266.3M)(848.4M)(815M)(355M)(319.5M)(335.5M)
Income Tax Expense141K(1.3M)14M18M20.7M21.7M
Tax Provision141K(1.3M)14M18M20.7M21.7M
Net Interest Income(59.8M)(82.4M)11M73M84.0M88.1M
Interest Income12.9M9.8M22M81M93.2M97.8M

Okta Key Cash Accounts

202020212022202320242025 (projected)
Investments(1.3B)(134.9M)(103M)441M396.9M416.7M
Change In Cash(83.3M)(176.0M)(2M)71M63.9M67.1M
Free Cash Flow110.6M87.4M63M488M561.2M589.3M
Depreciation36.9M107.6M114M84M96.6M101.4M
Other Non Cash Items125.2M144.5M110M39M44.9M63.1M
Capital Expenditures17.4M16.8M23M24M27.6M18.2M
Net Income(266.3M)(848.4M)(815M)(355M)(319.5M)(335.5M)
End Period Cash Flow448.6M272.7M271M342M393.3M265.8M
Change To Netincome79.5M131.1M560.2M568M653.2M685.9M
Change Receivables(37.5M)(66.4M)(174.8M)(87M)(78.3M)(82.2M)

Okta Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Okta's current stock value. Our valuation model uses many indicators to compare Okta value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Okta competition to find correlations between indicators driving Okta's intrinsic value. More Info.
Okta Inc is regarded fifth in return on equity category among its peers. It is rated below average in return on asset category among its peers . At present, Okta's Return On Equity is projected to increase slightly based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Okta's earnings, one of the primary drivers of an investment's value.

Okta's Earnings Breakdown by Geography

Okta Inc Systematic Risk

Okta's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Okta volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Okta Inc correlated with the market. If Beta is less than 0 Okta generally moves in the opposite direction as compared to the market. If Okta Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Okta Inc is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Okta is generally in the same direction as the market. If Beta > 1 Okta moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Okta Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Okta's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Okta growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.62

At present, Okta's Price Earnings To Growth Ratio is projected to increase slightly based on the last few years of reporting.

Okta February 26, 2025 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Okta help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Okta Inc. We use our internally-developed statistical techniques to arrive at the intrinsic value of Okta Inc based on widely used predictive technical indicators. In general, we focus on analyzing Okta Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Okta's daily price indicators and compare them against related drivers.

Complementary Tools for Okta Stock analysis

When running Okta's price analysis, check to measure Okta's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Okta is operating at the current time. Most of Okta's value examination focuses on studying past and present price action to predict the probability of Okta's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Okta's price. Additionally, you may evaluate how the addition of Okta to your portfolios can decrease your overall portfolio volatility.
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Money Managers
Screen money managers from public funds and ETFs managed around the world
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Price Transformation
Use Price Transformation models to analyze the depth of different equity instruments across global markets
Sectors
List of equity sectors categorizing publicly traded companies based on their primary business activities
USA ETFs
Find actively traded Exchange Traded Funds (ETF) in USA
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes