Okta, Inc.

Okta, Inc.verified

OKTA

Price:

$89.76

Market Cap:

$14.45B

Okta, Inc. provides identity solutions for enterprises, small and medium-sized businesses, universities, non-profits, and government agencies in the United States and internationally. The company offers Okta Identity Cloud, a platform that offers a suite of products and services, such as Universal Directory, a cloud-based system of record to store and secure user, application, and device profiles for an organization; Single Sign-On that enables users to access applications in the cloud or on-premise from various devices; Adaptive Multi-Factor Authentication provides a layer of security for cloud, mobile, Web applications, and data; Lifecycle Management that enables IT organizations or develo...[Read more]

Industry

Software - Infrastructure

IPO Date

2017-04-07

Stock Exchange

NASDAQ

Ticker

OKTA

The Current Ratio as of June 2024 (TTM) for Okta, Inc. (OKTA) is 1.66

According to Okta, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.66. This represents a change of -3.47% compared to the average of 1.72 of the last 4 quarters.

Okta, Inc. (OKTA) Historical Current Ratio (quarterly & annually)

How has OKTA Current Ratio performed in the past?

The mean historical Current Ratio of Okta, Inc. over the last ten years is 1.77. The current 1.66 Current Ratio has changed 9.27% with respect to the historical average. Over the past ten years (40 quarters), OKTA's Current Ratio was at its highest in in the July 2020 quarter at 5.07. The Current Ratio was at its lowest in in the April 2016 quarter at 0.

Quarterly (TTM)
Annual

Average

1.77

Median

1.64

Minimum

0.69

Maximum

2.92

Okta, Inc. (OKTA) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Okta, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 141.14%

Maximum Annual Current Ratio = 2.92

Minimum Annual Increase = -52.45%

Minimum Annual Current Ratio = 0.69

Quarterly (TTM)
Annual
YearCurrent RatioChange
20241.61-27.01%
20232.20-9.91%
20222.4531.37%
20211.86-36.32%
20202.92132.63%
20191.26-23.96%
20181.65141.14%
20170.69-52.45%
20161.44-11.79%

Okta, Inc. (OKTA) Average Current Ratio

How has OKTA Current Ratio performed in the past?

The current Current Ratio of Okta, Inc. (OKTA) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

2.09

5-year avg

2.21

10-year avg

1.77

Okta, Inc. (OKTA) Current Ratio vs. Peers

How is OKTA’s Current Ratio compared to its peers?

Okta, Inc.’s Current Ratio is less than CrowdStrike Holdings, Inc. (1.71), less than Cloudflare, Inc. (3.51), less than MongoDB, Inc. (4.76), greater than Palo Alto Networks, Inc. (0.79), less than Zscaler, Inc. (1.67), greater than Adobe Inc. (1.16), greater than Splunk Inc. (1.57), less than UiPath Inc. (4.00), less than Nutanix, Inc. (1.68),

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