Michael Kourey - Okta Independent Director

OKTA Stock  USD 76.42  0.41  0.53%   

Director

Mr. Michael R. Kourey is Independent Director of the Company. Since June 2015, Mr. Kourey has served as the Chief Financial Officer of Medallia, Inc., a cloudbased customer experience management company. From May 2013 to March 2015, Mr. Kourey served as a Partner at Khosla Ventures, a VC firm, where he previously served as Operating Partner from April 2012 to May 2013. From July 1991 to February 2012, Mr. Kourey served in a variety of roles at Polycom, Inc., a communications solutions company, most recently as Chief Financial Officer. Mr. Kourey also served as director of Polycom from January 1999 to May 2011. He also previously served on the board of directors of RingCentral, Inc., Aruba Networks, Inc., Riverbed Technology, Inc. and other public and private companies since 2015.
Age 64
Tenure 9 years
Address 100 First Street, San Francisco, CA, United States, 94105
Phone888 722 7871
Webhttps://www.okta.com
Kourey holds a Masters of Business Administration from Santa Clara University and holds a BS from University of California, Davis.

Okta Management Efficiency

The company has return on total asset (ROA) of (0.016) % which means that it has lost $0.016 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.0231) %, meaning that it created substantial loss on money invested by shareholders. Okta's management efficiency ratios could be used to measure how well Okta manages its routine affairs as well as how well it operates its assets and liabilities. As of November 28, 2024, Return On Tangible Assets is expected to decline to -0.11. The current year's Return On Capital Employed is expected to grow to -0.06. At present, Okta's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Non Current Assets Total is expected to grow to about 6.3 B, whereas Net Tangible Assets are projected to grow to (191.2 M).
Okta Inc currently holds 1.27 B in liabilities with Debt to Equity (D/E) ratio of 0.44, which is about average as compared to similar companies. Okta Inc has a current ratio of 2.33, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Okta's use of debt, we should always consider it together with its cash and equity.

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Okta, Inc. provides identity solutions for enterprises, small and medium-sized businesses, universities, non-profits, and government agencies in the United States and internationally. Okta, Inc. was incorporated in 2009 and is headquartered in San Francisco, California. Okta Inc operates under SoftwareInfrastructure classification in the United States and is traded on NASDAQ Exchange. It employs 5776 people. Okta Inc (OKTA) is traded on NASDAQ Exchange in USA. It is located in 100 First Street, San Francisco, CA, United States, 94105 and employs 5,938 people. Okta is listed under Internet Services & Infrastructure category by Fama And French industry classification.

Management Performance

Okta Inc Leadership Team

Elected by the shareholders, the Okta's board of directors comprises two types of representatives: Okta inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Okta. The board's role is to monitor Okta's management team and ensure that shareholders' interests are well served. Okta's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Okta's outside directors are responsible for providing unbiased perspectives on the board's policies.
Monty Gray, Executive Development
Todd McKinnon, CEO, Co-Founder, Director
Susan Ledger, Pres Operations
Alvina Antar, Senior Officer
Dave Gennarelli, Vice Relations
Eric Kelleher, President Communications
Kerry Ok, Chief Officer
Jonathan Runyan, General Counsel, Secretary
Cole Breidenbach, VP CEO
Brett Tighe, Chief Officer
Shibu Ninan, Chief Officer
Eugenio Pace, Cofounder Operations
Michael Kourey, Independent Director
Sagnik Nandy, President Identity
Larissa Schwartz, Chief Secretary
William Losch, Advisor
Jacques Kerrest, CoFounder Chairperson
Jon Addison, Chief Officer

Okta Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Okta a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Also Currently Popular

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When determining whether Okta Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Okta's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Okta Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Okta Inc Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Okta Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
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Is Internet Services & Infrastructure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Okta. If investors know Okta will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Okta listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.81)
Revenue Per Share
14.715
Quarterly Revenue Growth
0.162
Return On Assets
(0.02)
Return On Equity
(0.02)
The market value of Okta Inc is measured differently than its book value, which is the value of Okta that is recorded on the company's balance sheet. Investors also form their own opinion of Okta's value that differs from its market value or its book value, called intrinsic value, which is Okta's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Okta's market value can be influenced by many factors that don't directly affect Okta's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Okta's value and its price as these two are different measures arrived at by different means. Investors typically determine if Okta is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Okta's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.