Okta Inc (OKTA)
Debt-to-capital 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 stockholders’ equity | US$ in thousands | 6,567,000 | 6,405,000 | 6,265,000 | 6,133,000 | 5,953,000 | 5,888,000 | 5,730,000 | 5,640,000 | 5,534,000 | 5,466,000 | 5,407,610 | 5,453,020 | 5,472,690 | 5,922,000 | 5,984,560 | 6,042,190 | 682,778 | 694,043 | 680,648 | 685,197 |
| Debt-to-capital 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-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $6,567,000K)
= 0.00
The debt-to-capital ratio for Okta Inc. remains consistently at zero throughout the entire period from July 2020 through October 2025. This indicates that, during this timeframe, the company has not reported any debt in relation to its total capital. A zero debt-to-capital ratio suggests that Okta Inc. has financed its operations entirely through equity or other non-debt sources, and has not engaged in long-term borrowings or other forms of debt that would impact this ratio. Consequently, the company's capital structure appears to be free of leverage from debt obligations, reflecting a conservative approach or possibly strong cash reserves without reliance on debt financing.
Peer comparison
Apr 30, 2025