Okta Inc (OKTA)
Debt-to-assets ratio
| Apr 30, 2025 | Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Jan 31, 2024 | Oct 31, 2023 | Jul 31, 2023 | Apr 30, 2023 | Jan 31, 2023 | Oct 31, 2022 | Jul 31, 2022 | Apr 30, 2022 | Jan 31, 2022 | Oct 31, 2021 | Jul 31, 2021 | Apr 30, 2021 | Jan 31, 2021 | Oct 31, 2020 | Jul 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | US$ in thousands | 9,365,000 | 9,437,000 | 9,010,000 | 9,067,000 | 8,955,000 | 8,989,000 | 8,740,000 | 8,713,000 | 8,900,000 | 9,307,000 | 9,093,740 | 9,074,010 | 9,045,680 | 9,206,000 | 8,996,970 | 8,932,100 | 3,430,450 | 3,298,800 | 3,170,280 | 3,115,020 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
April 30, 2025 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $9,365,000K
= 0.00
The debt-to-assets ratio for Okta Inc. remains consistently at zero across all observed reporting periods from July 31, 2020, through October 31, 2025. This indicates that the company has not reported any outstanding debt relative to its total assets during this timeframe. Such a persistent zero ratio suggests that Okta has financed its assets entirely through equity or other non-debt sources, reflecting a debt-free capital structure. The absence of debt contributes to a lower financial leverage profile, potentially reducing financial risk and interest obligations. Overall, the data indicates that Okta Inc. has maintained a conservative approach to its debt management, relying solely on non-debt financing options throughout the analyzed period.
Peer comparison
Apr 30, 2025