What is the ROE (Return on Equity) of Okta this year?
The ROE of Okta this year is -0.06 undefined.
Okta ROE 2024
Okta ROE
-0.06
Okta Dividend yield
Ticker
OKTA
ISIN
US6792951054
WKN
A2DNKR
In 2024, Okta's return on equity (ROE) was -0.06, a -57.92% increase from the -0.14 ROE in the previous year.
Okta Aktienanalyse
What does Okta do?
Okta Inc. is an American company specializing in identity and access management. The company was founded in 2009 by Todd McKinnon and Frederic Kerrest and is based in San Francisco. Okta offers a cloud-based platform that allows businesses to manage access to applications and services. The platform is used by over 10,000 companies worldwide, including major corporations such as Adobe, Delta Airlines, and LinkedIn. Okta's founders recognized the increasing importance of identity management in the IT world while working at Salesforce.com and founded Okta in response. They combined their extensive experience in cloud technology and IT security to create a reliable and efficient solution for businesses to manage access to applications and services. Okta offers various divisions, including the Okta Identity Cloud, which provides comprehensive solutions for identity and access management, as well as an app integration area and a developer platform. The company also offers specialized products such as Okta Adaptive MFA, Okta Advanced Server Access, and Okta Customer Identity Management. Okta has experienced significant growth in recent years as more companies recognize the benefits of cloud-based identity management. It has differentiated itself from competitors such as Microsoft and Google by offering a robust and reliable platform that seamlessly integrates with cloud applications. Answer: Okta Inc. is an American company specializing in identity and access management. It was founded in 2009 and is based in San Francisco. Okta offers a cloud-based platform for businesses to manage access to applications and services. The platform is used by over 10,000 companies, including Adobe, Delta Airlines, and LinkedIn. Okta's founders were inspired to start the company while working at Salesforce.com and realizing the growing importance of identity management. They combined their expertise in cloud technology and IT security to create a reliable solution for businesses. Okta offers divisions such as the Okta Identity Cloud, app integration, and developer platform. It also has specialized products for account protection and customer identity management. Okta has experienced significant growth by providing a seamless integration with cloud applications. Okta ist eines der beliebtesten Unternehmen auf Eulerpool.com.ROE Details
Decoding Okta's Return on Equity (ROE)
Okta's Return on Equity (ROE) is a fundamental metric evaluating the company's profitability relative to its equity. Calculated by dividing net income by shareholder's equity, ROE illustrates how effectively the company is generating profits from shareholders’ investments. A higher ROE represents enhanced efficiency and profitability.
Year-to-Year Comparison
Analyzing Okta's ROE on a yearly basis aids in tracking its profitability trends and financial performance. An increasing ROE suggests enhanced profitability and value generation for shareholders, whereas a declining ROE may indicate issues in profit generation or equity management.
Impact on Investments
Okta's ROE is instrumental for investors assessing the company's profitability, efficiency, and investment attractiveness. A robust ROE indicates the firm’s adeptness at converting equity investments into profits, thereby enhancing its appeal to potential and current investors.
Interpreting ROE Fluctuations
Changes in Okta’s ROE can emanate from variations in net income, equity capital, or both. These fluctuations are scrutinized to evaluate management’s effectiveness, financial strategies, and the inherent risks and opportunities, aiding investors in making informed decisions.
Frequently Asked Questions about Okta Stock
How has the Return on Equity (ROE) of Okta developed compared to the previous year?
The ROE of Okta has increased by -57.92% decreased compared to the previous year.
What impact does a high ROE (Return on Equity) have on investors of Okta?
A high ROE indicates that Okta generates good returns on capital and is successful in monetizing its investments. This is a positive indicator for investors.
What impact does a low ROE (Return on Equity) have on investors of Okta?
A low ROE can indicate that Okta is having difficulties monetizing its investments successfully and can be a negative signal for investors.
How does a change in the ROE (Return on Equity) of Okta affect the company?
A change in ROE (Return on Equity) of Okta can be an indicator of the financial performance of the company and demonstrate how successful the company is compared to other companies in the same industry.
How to calculate the ROE (Return on Equity) of Okta?
The ROE (Return on Equity) is calculated by dividing the company's profit by the total equity. The formula is: ROE = Profit / Total equity.
Which factors influence the ROE (Return on Equity) of Okta?
Some factors that can influence Okta's Return on Equity (ROE) include the efficiency in using equity, the profitability of the company, and the financing structure.
What strategic measures can take to improve the ROE (Return on Equity)?
To improve the Return on Equity (ROE), can take measures such as cost savings, increasing revenue, improving efficiency in the use of equity, and making changes in the financing structure. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to improve ROE.
How much dividend does Okta pay?
Over the past 12 months, Okta paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Okta is expected to pay a dividend of 0 USD.
What is the dividend yield of Okta?
The current dividend yield of Okta is .
When does Okta pay dividends?
Okta pays a quarterly dividend. This is distributed in the months of .
How secure is the dividend of Okta?
Okta paid dividends every year for the past 0 years.
What is the dividend of Okta?
For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.
In which sector is Okta located?
Okta is assigned to the 'Information technology' sector.
Wann musste ich die Aktien von Okta kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Okta from 5/15/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 5/15/2024.
When did Okta pay the last dividend?
The last dividend was paid out on 5/15/2024.
What was the dividend of Okta in the year 2023?
In the year 2023, Okta distributed 0 USD as dividends.
In which currency does Okta pay out the dividend?
The dividends of Okta are distributed in USD.
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Andere Kennzahlen von Okta
Our stock analysis for Okta Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Okta Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
