Okta Inc (OKTA)
Debt-to-assets ratio
| Jan 31, 2025 | Jan 31, 2024 | Jan 31, 2023 | Jan 31, 2022 | Jan 31, 2021 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 9,437,000 | 8,989,000 | 9,307,000 | 9,206,000 | 3,298,800 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
January 31, 2025 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $9,437,000K
= 0.00
The debt-to-assets ratio for Okta Inc., as indicated in the provided data, remains consistently at 0.00 for the periods ending on January 31 in 2021, 2022, 2023, 2024, and 2025. This suggests that throughout these fiscal years, the company has not reported any debt obligations relative to its total assets. The persistent lack of debt indicates an entirely equity-financed capital structure, implying that Okta Inc. has not utilized debt financing to fund its assets during this timeframe. Consequently, the firm's financial leverage is effectively zero, reflecting a conservative approach to capital structure management and potentially reducing financial risk associated with debt obligations.
Peer comparison
Jan 31, 2025