Okta Inc (OKTA)
Debt-to-equity 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-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
January 31, 2025 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $6,405,000K
= 0.00
The analysis of Okta Inc's debt-to-equity ratio over the specified period reveals a consistent and noteworthy trend. From January 31, 2021, through January 31, 2025, the debt-to-equity ratio remains at zero. This indicates that the company has maintained an absence of recorded debt relative to its equity throughout these years. Such a persistent ratio of zero suggests that Okta Inc has financed its operations and growth entirely through equity funding or generated sufficient retained earnings without resorting to external debt. This financial structure implies a conservative or debt-averse approach, potentially enhancing the company's financial stability and flexibility, though it may also limit leverage opportunities for growth. The consistency of this ratio over multiple years underscores a stable capital structure devoid of borrowed funds, which could influence the company's cost of capital and risk profile in the market.
Peer comparison
Jan 31, 2025