| 0OK Stock | | | EUR 79.34 0.16 0.20% |
Director
Mr. Michael R. Kourey is Independent Director of the Company. Since June 2015, Mr. Kourey has served as the Chief Financial Officer of Medallia, Inc., a cloudbased customer experience management company. From May 2013 to March 2015, Mr. Kourey served as a Partner at Khosla Ventures, a VC firm, where he previously served as Operating Partner from April 2012 to May 2013. From July 1991 to February 2012, Mr. Kourey served in a variety of roles at Polycom, Inc., a communications solutions company, most recently as Chief Financial Officer. Mr. Kourey also served as director of Polycom from January 1999 to May 2011. He also previously served on the board of directors of RingCentral, Inc., Aruba Networks, Inc., Riverbed Technology, Inc. and other public and private companies since 2015.
| Age | 63 |
| Tenure | 9 years |
| Phone | 888 722 7871 |
| Web | https://www.okta.com |
Kourey holds a Masters of Business Administration from Santa Clara University and holds a BS from University of California, Davis.
Okta Management Efficiency
The company has return on total asset
(ROA) of
(0.0556) % which means that it has lost $0.0556 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity
(ROE) of
(0.1586) %, meaning that it generated substantial loss on money invested by shareholders. Okta's management efficiency ratios could be used to measure how well Okta manages its routine affairs as well as how well it operates its assets and liabilities.
Okta Inc has accumulated 1.82
B in total debt with debt to equity ratio
(D/E) of 181.7, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Okta Inc has a current ratio of 1.1, suggesting that it
is in a questionable position to pay out its financial obligations in time and when they become due. Debt can assist Okta until it has trouble settling it off, either with new capital or with free cash flow. So, Okta's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Okta Inc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Okta to invest in growth at high rates of return. When we think about Okta's use of debt, we should always consider it together with cash and equity.
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 founded in 2009 and is headquartered in San Francisco, California. OKTA INC operates under Software - Infrastructure classification in Germany and is traded on Frankfurt Stock Exchange. It employs 1770 people. Okta Inc (0OK) is traded on Frankfurt Exchange in Germany and employs 6,037 people.
Management Performance
Okta Inc Leadership Team
Elected by the shareholders, the Okta's board of directors comprises two types of representatives: Okta inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Okta. The board's role is to monitor Okta's management team and ensure that shareholders' interests are well served. Okta's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Okta's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Jonathan Runyan, General Counsel, Secretary | |
| Brett Tighe, Chief Officer | |
| Shibu Ninan, Chief Officer | |
| Eugenio Pace, Cofounder Identity | |
| Michael Kourey, Independent Director | |
| Sagnik Nandy, Pres Identity | |
| Todd McKinnon, Chairman of the Board, CEO, Co-Founder | |
| Susan Ledger, Pres Operations | |
| Alvina Antar, VP Officer | |
| William Losch, Advisor | |
| Jacques Kerrest, Ex CoFounder | |
Okta Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Okta a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
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Additional Information and Resources on Investing in Okta Stock
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
Trending Equities to better understand how to build diversified portfolios, which includes a position in Okta Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
You can also try the
Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
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.