Quick Ratio
Higher than 48% of Technology sector peers
Updated 646h ago
Sector Performance
48th percentileOKTA
1.29x
Sector Median
1.32x
Sector Avg
11.22x
Deep Analysis
Okta, Inc. (OKTA) has a Quick Ratio of 1.29x as of June 2026.
This places OKTA in the 48th percentile of the Technology sector, which has a median Quick Ratio of 1.32x and a sector average of 11.22x. OKTA's Quick Ratio is 2.3% below the sector median. In context: A strict liquidity test. Values below 1.0 suggest a company may struggle to cover short-term obligations without selling inventory.
Frequently Asked Questions
What does the Quick Ratio tell investors about OKTA?
A strict liquidity test. Values below 1.0 suggest a company may struggle to cover short-term obligations without selling inventory.
How is the Quick Ratio calculated?
Quick Ratio is calculated as: (Cash + Receivables) / Current Liabilities.
How does OKTA's Quick Ratio compare to its sector?
OKTA's Quick Ratio of 1.29x compares to a Technology sector median of 1.32x, placing it in the 48th percentile.
Who are OKTA's closest peers by Quick Ratio?
The closest Technology peers by Quick Ratio include: ADBE (0.79x), ASML (0.70x), STEM (0.69x), BILL (0.69x), GRAB (0.69x).
The Formula
(Cash + Receivables) / Current Liabilities
Why It Matters
A strict liquidity test. Values below 1.0 suggest a company may struggle to cover short-term obligations without selling inventory.
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1.29x
Sector Median
1.32x
Sector Avg
11.22x
How OKTA's Quick Ratio compares to sector peers.
Also Analyze
Not financial advice. Research tool only. Data may be delayed.