Okta Inc (OKTA)
Debt-to-capital ratio
| Jan 31, 2025 | Jan 31, 2024 | Jan 31, 2023 | Jan 31, 2022 | Jan 31, 2021 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 6,405,000 | 5,888,000 | 5,466,000 | 5,922,000 | 694,043 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
January 31, 2025 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $6,405,000K)
= 0.00
The debt-to-capital ratio for Okta Inc. consistently registers as 0.00 across all the analyzed periods from January 31, 2021, through January 31, 2025. This indicates that the company has maintained an absence of long-term or short-term debt during this time frame, relying entirely on equity to finance its operations. The persistent zero value suggests a capital structure devoid of leverage, reflecting a financial strategy that does not involve debt issuance. Consequently, Okta Inc.’s financial profile demonstrates a conservative approach toward leverage, emphasizing equity financing and potentially reducing financial risk associated with debt obligations.
Peer comparison
Jan 31, 2025