Okta Inc (OKTA)
Debt-to-equity 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-equity 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-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $6,567,000K
= 0.00
The analysis of Okta Inc's debt-to-equity ratio across the provided period indicates a consistent valuation of zero at all recorded dates. This persistent zero value suggests that the company has maintained no reported debt relative to its equity throughout the specified timeline from July 31, 2020, to October 31, 2025. Such a financial profile implies that Okta Inc has not utilized borrowed funds to finance its operations or growth strategies during this period, reflecting a capital structure predominantly composed of equity. This scenario may point to a conservative financial policy, reliance on internal funding, or sufficient cash reserves that negate the need for external debt. Overall, the absence of debt in the company's capital structure signifies a low financial leverage environment, potentially reducing financial risk but also limiting the use of debt as a leverage tool for expansion.
Peer comparison
Apr 30, 2025