Okta Inc Stock Short Ratio
0OK Stock | EUR 77.71 1.63 2.05% |
Okta Inc fundamentals help investors to digest information that contributes to Okta's financial success or failures. It also enables traders to predict the movement of Okta Stock. The fundamental analysis module provides a way to measure Okta's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Okta stock.
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Okta Inc Company Short Ratio Analysis
Okta's Short Ratio is typically used by traders and speculators to identify trends in current market sentiment for a particular equity instrument. In its simple terms this ratio shows how many days it will take all current short sellers to cover their positions if the price of a stock begins to rise.
The higher the Short Ratio, the longer it would take to buy back the borrowed shares. In theory, the more short positions are currently outstanding, the faster it will be to cover shorted positions.
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Based on the latest financial disclosure, Okta Inc has a Short Ratio of 0.0 times. This is 100.0% lower than that of the Technology sector and 100.0% lower than that of the Software - Infrastructure industry. The short ratio for all Germany stocks is 100.0% higher than that of the company.
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Okta Fundamentals
Return On Equity | -0.16 | |||
Return On Asset | -0.0556 | |||
Profit Margin | (0.52) % | |||
Operating Margin | (0.46) % | |||
Current Valuation | 10.66 B | |||
Shares Outstanding | 152.76 M | |||
Shares Owned By Insiders | 0.75 % | |||
Shares Owned By Institutions | 84.22 % | |||
Price To Book | 2.06 X | |||
Price To Sales | 5.80 X | |||
Revenue | 1.3 B | |||
Gross Profit | 905.68 M | |||
EBITDA | (649.9 M) | |||
Net Income | (848.41 M) | |||
Cash And Equivalents | 547.48 M | |||
Cash Per Share | 4.80 X | |||
Total Debt | 1.82 B | |||
Debt To Equity | 181.70 % | |||
Current Ratio | 1.12 X | |||
Book Value Per Share | 33.77 X | |||
Cash Flow From Operations | 104.12 M | |||
Earnings Per Share | (5.48) X | |||
Price To Earnings To Growth | 10.91 X | |||
Target Price | 294.81 | |||
Number Of Employees | 6.04 K | |||
Beta | 1.02 | |||
Market Capitalization | 10.87 B | |||
Total Asset | 9.21 B | |||
Z Score | 3.0 | |||
Net Asset | 9.21 B |
About Okta Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Okta Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Okta using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Okta Inc based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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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 Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.