Debt-to-Equity Ratio
Higher than 24% of Technology sector peers
Updated 1079h ago
Sector Performance
24th percentileOKTA
0.06x
Sector Median
0.27x
Sector Avg
0.43x
Deep Analysis
Okta's debt-to-equity ratio of 0.06x means the company uses very little debt compared to its shareholder equity, indicating a conservative financial structure with low leverage.
This ratio sits well below the sector median of 0.27x, placing Okta in the 24th percentile among its technology peers, meaning most competitors carry higher debt levels. The year-over-year change, quarter-over-quarter change, and trend direction over the last eight quarters are all listed as N/A, so there is no historical movement to assess. With a very low current level and no trend data, the implication is neutral for risk: the low leverage reduces financial risk from interest payments, but without a trajectory, investors cannot gauge whether the company is becoming more or less conservative. This metric supports the overall NEUTRAL verdict because a debt-free stance is generally positive for stability, yet it does not signal strong growth or opportunity that would warrant a bullish or bearish view.
Frequently Asked Questions
What does the Debt-to-Equity Ratio tell investors about OKTA?
Shows how much a company is financing its operations through debt vs shareholder funds. High D/E can amplify returns — and losses.
How is the Debt-to-Equity Ratio calculated?
Debt-to-Equity Ratio is calculated as: Total Debt / Shareholders' Equity.
How does OKTA's Debt-to-Equity Ratio compare to its sector?
OKTA's Debt-to-Equity Ratio of 0.06x compares to a Technology sector median of 0.27x, placing it in the 24th percentile.
Who are OKTA's closest peers by Debt-to-Equity Ratio?
The closest Technology peers by Debt-to-Equity Ratio include: ACLS (0.04x), DIOD (0.03x), PLTR (0.03x), FORM (0.02x), AMBA (0.02x).
The Formula
Total Debt / Shareholders' Equity
Why It Matters
Shows how much a company is financing its operations through debt vs shareholder funds. High D/E can amplify returns — and losses.
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0.06x
Sector Median
0.27x
Sector Avg
0.43x
How OKTA's Debt-to-Equity Ratio compares to sector peers.
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Not financial advice. Research tool only. Data may be delayed.