Okta Historical Balance Sheet
OKTA Stock | USD 76.42 0.41 0.53% |
Trend analysis of Okta Inc balance sheet accounts such as Total Stockholder Equity of 6.2 B provides information on Okta's total assets, liabilities, and equity, which is the actual value of Okta Inc to its prevalent stockholders. By breaking down trends over time using Okta balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Okta Inc latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Okta Inc is a good buy for the upcoming year.
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About Okta Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Okta Inc at a specified time, usually calculated after every quarter, six months, or one year. Okta Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Okta and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Okta currently owns. An asset can also be divided into two categories, current and non-current.
Okta Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of Okta assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Okta Inc books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on Okta balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Okta Inc are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Most accounts from Okta's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Okta Inc current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. 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. At present, Okta's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Other Current Liabilities is expected to grow to about 259.4 M, whereas Net Tangible Assets are projected to grow to (191.2 M).
2021 | 2022 | 2023 | 2024 (projected) | Other Current Liabilities | 207M | 179M | 247M | 259.4M | Total Assets | 9.2B | 9.3B | 9.0B | 9.4B |
Okta balance sheet Correlations
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Okta Account Relationship Matchups
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Okta balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.0B | 3.3B | 9.2B | 9.3B | 9.0B | 9.4B | |
Other Current Liab | 77.2M | 102.2M | 207M | 179M | 247M | 259.4M | |
Total Current Liabilities | 547.0M | 1.5B | 1.2B | 1.5B | 1.8B | 1.9B | |
Total Stockholder Equity | 405.3M | 694.0M | 5.9B | 5.5B | 5.9B | 6.2B | |
Other Liab | 11.6M | 22.2M | 54.7M | 41M | 47.2M | 49.5M | |
Net Tangible Assets | 324.8M | 619.0M | 203.5M | (175M) | (201.3M) | (191.2M) | |
Property Plant And Equipment Net | 178.7M | 212.4M | 213M | 181M | 131M | 109.9M | |
Current Deferred Revenue | 365.2M | 502.7M | 973.3M | 1.2B | 1.5B | 1.6B | |
Net Debt | 572.2M | 1.5B | 1.7B | 2.1B | 932M | 723.6M | |
Retained Earnings | (701.1M) | (967.5M) | (1.8B) | (2.5B) | (2.8B) | (2.7B) | |
Accounts Payable | 3.8M | 8.6M | 20M | 12M | 13.8M | 11.6M | |
Cash | 520.0M | 434.6M | 260M | 264M | 334M | 256.8M | |
Non Current Assets Total | 355.7M | 420.2M | 6.2B | 6.1B | 6.0B | 6.3B | |
Non Currrent Assets Other | 96.4M | 129.7M | 219M | 231M | 264M | 277.2M | |
Other Assets | 96.4M | 132.8M | 233.3M | 231M | 265.7M | 278.9M | |
Cash And Short Term Investments | 1.4B | 2.6B | 2.5B | 2.6B | 2.2B | 1.3B | |
Net Receivables | 130.1M | 194.8M | 398M | 481M | 559M | 587.0M | |
Common Stock Total Equity | 11K | 12K | 13K | 16K | 18.4K | 10.2K | |
Common Stock Shares Outstanding | 117.2M | 127.2M | 148.0M | 158.0M | 163.6M | 129.5M | |
Short Term Investments | 883.0M | 2.2B | 2.2B | 2.3B | 1.9B | 1.1B | |
Liabilities And Stockholders Equity | 2.0B | 3.3B | 9.2B | 9.3B | 9.0B | 9.4B | |
Non Current Liabilities Total | 1.0B | 1.1B | 2.0B | 2.4B | 1.3B | 910.5M | |
Other Current Assets | 66.6M | 127.6M | 141M | 168M | 219M | 230.0M | |
Other Stockholder Equity | 1.1B | 1.7B | 7.8B | 8.0B | 8.7B | 9.2B | |
Total Liab | 1.6B | 2.6B | 3.3B | 3.8B | 3.1B | 1.7B | |
Deferred Long Term Liab | 77.9M | 108.6M | 191.0M | 210M | 241.5M | 253.6M | |
Property Plant And Equipment Gross | 178.7M | 212.4M | 213.4M | 181M | 193M | 116.8M | |
Total Current Assets | 1.6B | 2.9B | 3.0B | 3.2B | 3.0B | 1.7B | |
Accumulated Other Comprehensive Income | 892K | 5.4M | (12M) | (33M) | (6M) | (6.3M) | |
Short Term Debt | 100.7M | 932.1M | 43M | 32M | 31M | 29.5M | |
Intangible Assets | 32.5M | 27.0M | 317M | 241M | 182M | 92.5M | |
Common Stock | 11K | 12K | 13K | 16K | 18.4K | 10.2K | |
Property Plant Equipment | 178.7M | 62.8M | 213.4M | 59M | 67.9M | 87.8M | |
Capital Surpluse | 1.1B | 1.7B | 7.7B | 8.0B | 9.2B | 9.6B | |
Non Current Liabilities Other | 3.8M | 22.2M | 54.7M | 41M | 14M | 19.3M | |
Retained Earnings Total Equity | (701.1M) | (967.5M) | (1.8B) | (2.5B) | (2.2B) | (2.1B) |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
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.