OKTANEUTRAL

OKTA Current Ratio Analysis

1.43x

Updated 144h ago·SEC filings & market data

Key Takeaway

The current ratio measures a company’s ability to pay short-term obligations with its short-term assets; a ratio of 1.43x means OKTA has $1.43 in current assets for every $1 of current liabilities.

Sector Performance

62th percentile

OKTA

1.43x

Sector Median

1.20x

Sector Avg

2.57x

Prior Period

1.39x(Jun 2026)

↑ Improving
📊

Deep Analysis

The current ratio measures a company’s ability to pay short-term obligations with its short-term assets; a ratio of 1.43x means OKTA has $1.43 in current assets for every $1 of current liabilities.

This sits above the sector median of 1.20x, placing OKTA in the 62nd percentile among peers, indicating above-average liquidity. Over the last eight quarters the trend has been stable, with no year-over-year change available and a modest quarter-over-quarter increase of +2.9% from 1.39x to 1.43x. The combination of a ratio above the sector median and a steady trajectory suggests limited near-term liquidity risk without signaling any exceptional strength or weakness. This metric supports the overall NEUTRAL verdict: it confirms adequate short-term financial health but does not provide a clear catalyst for an upgrade or downgrade. The stable pattern further aligns with a neutral assessment, as no material deterioration or improvement is evident.

Frequently Asked Questions

What does the Current Ratio tell investors about OKTA?

Measures short-term financial health. A ratio above 1.5 is generally healthy; below 1.0 may indicate liquidity stress.

How is the Current Ratio calculated?

Current Ratio is calculated as: Current Assets / Current Liabilities.

Who are OKTA's closest peers by Current Ratio?

The closest peers by Current Ratio include: GEN (0.40x), USB (0.40x), CHTR (0.40x), DRI (0.39x), WFC (0.34x).

The Formula

Current Assets / Current Liabilities

Why It Matters

Measures short-term financial health. A ratio above 1.5 is generally healthy; below 1.0 may indicate liquidity stress.

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OKTA

1.43x

Sector Median

1.20x

Sector Avg

2.57x

How OKTA's Current Ratio compares to sector peers.

Not financial advice. Research tool only. Data may be delayed.