Okta Debt To Equity from 2010 to 2024

OKTA Stock  USD 102.51  0.45  0.44%   
Okta's Debt To Equity is increasing over the years with slightly volatile fluctuation. Debt To Equity is expected to dwindle to 0.19. Debt To Equity is a measure of a company's financial leverage calculated by dividing its total liabilities by stockholders' equity, indicating the proportion of equity and debt the company is using to finance its assets. View All Fundamentals
 
Debt To Equity  
First Reported
2010-12-31
Previous Quarter
0.20125679
Current Value
0.19
Quarterly Volatility
1.50199201
 
Credit Downgrade
 
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 main balance sheet or income statement drivers, such as Depreciation And Amortization of 49.1 M, Interest Expense of 7.6 M or Selling General Administrative of 472.5 M, as well as many exotic indicators such as Price To Sales Ratio of 5.68, Dividend Yield of 0.0 or PTB Ratio of 2.41. Okta financial statements analysis is a perfect complement when working with Okta Valuation or Volatility modules.
  
This module can also supplement Okta's financial leverage analysis and stock options assessment as well as various Okta Technical models . Check out the analysis of Okta Correlation against competitors.

Latest Okta's Debt To Equity Growth Pattern

Below is the plot of the Debt To Equity of Okta Inc over the last few years. It is a measure of a company's financial leverage calculated by dividing its total liabilities by stockholders' equity, indicating the proportion of equity and debt the company is using to finance its assets. Okta's Debt To Equity 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.
ViewLast Reported 0.44 %10 Years Trend
Slightly volatile
   Debt To Equity   
       Timeline  

Okta Debt To Equity Regression Statistics

Arithmetic Mean0.02
Coefficient Of Variation6,134
Mean Deviation1.16
Median0.11
Standard Deviation1.50
Sample Variance2.26
Range4.1851
R-Value0.63
Mean Square Error1.46
R-Squared0.40
Significance0.01
Slope0.21
Total Sum of Squares31.58

Okta Debt To Equity History

2024 0.19
2023 0.2
2022 0.43
2021 0.34
2020 2.8
2019 2.69
2018 2.15

About Okta Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Okta income statement, its balance sheet, and the statement of cash flows. Okta investors use historical funamental indicators, such as Okta's Debt To Equity, to determine how well the company is positioned to perform in the future. Although Okta investors may use each financial statement separately, they are all related. The changes in Okta's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Okta's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Okta Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Okta. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Debt To Equity 0.20  0.19 

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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 Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

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.
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Is Okta's industry 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
(2.17)
Revenue Per Share
13.83
Quarterly Revenue Growth
0.186
Return On Assets
(0.03)
Return On Equity
(0.06)
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.