Charles Race - Okta President Worldwide Field Operations

OKTA Stock  USD 93.24  1.21  1.31%   

President

Mr. Charles Race is President, Worldwide Field Operations of the Company. From 2005 to May 2016, Mr. Race served in a variety of senior roles at Informatica Corporationrationration, a provider of data integration software, most recently as Executive Vice President, Worldwide Operations. From 2003 to 2005, Mr. Race served as EMEA Business Development Manager and from 1999 to 2002, Mr. Race served as Business Development Manager at Hummingbird Ltd., a provider of enterprise software solutions since 2016.
Age 45
Tenure 8 years
Address 100 First Street, San Francisco, CA, United States, 94105
Phone888 722 7871
Webhttps://www.okta.com
Race holds a Bachelor of Engineering in computer science from University of York.

Okta Management Efficiency

The company has return on total asset (ROA) of (0.0314) % which means that it has lost $0.0314 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.0625) %, meaning that it created substantial loss on money invested by shareholders. Okta's management efficiency ratios could be used to measure how well Okta manages its routine affairs as well as how well it operates its assets and liabilities. As of April 23, 2024, Return On Tangible Assets is expected to decline to -0.11. The current year's Return On Capital Employed is expected to grow to -0.07. At present, Okta's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Non Current Assets Total is expected to grow to about 6.4 B, whereas Net Tangible Assets are projected to grow to (191.2 M).
The company currently holds 1.3 B in liabilities with Debt to Equity (D/E) ratio of 0.44, which is about average as compared to similar companies. Okta Inc has a current ratio of 2.33, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist Okta until it has trouble settling it off, either with new capital or with free cash flow. So, Okta's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Okta Inc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Okta to invest in growth at high rates of return. When we think about Okta's use of debt, we should always consider it together with cash and equity.

Similar Executives

Showing other executives

PRESIDENT Age

Bryan LamkinAdobe Systems Incorporated
57
Mihir NanavatiAdobe Systems Incorporated
N/A
Michael DillonAdobe Systems Incorporated
58
Michelle ZatlynCloudflare
44
Lee KlarichPalo Alto Networks
49
Mark AndersonPalo Alto Networks
54
Abhay ParasnisAdobe Systems Incorporated
43
David WadhwaniAdobe Systems Incorporated
52
John MurphyAdobe Systems Incorporated
48
Cynthia StoddardAdobe Systems Incorporated
67
Ann LewnesAdobe Systems Incorporated
62
Scott BelskyAdobe Systems Incorporated
44
Kavitha MariappanZscaler
N/A
Jean CompeauPalo Alto Networks
49
Dana RaoAdobe Systems Incorporated
54
James CaterZscaler
N/A
Kelsey TurcottePalo Alto Networks
N/A
George KurtzCrowdstrike Holdings
52
Dipak GolechhaPalo Alto Networks
50
Richard RowleyAdobe Systems Incorporated
59
Amit SinhaZscaler
41
Okta, Inc. provides identity solutions for enterprises, small and medium-sized businesses, universities, non-profits, and government agencies in the United States and internationally. Okta, Inc. was incorporated in 2009 and is headquartered in San Francisco, California. Okta Inc operates under SoftwareInfrastructure classification in the United States and is traded on NASDAQ Exchange. It employs 5776 people. Okta Inc (OKTA) is traded on NASDAQ Exchange in USA. It is located in 100 First Street, San Francisco, CA, United States, 94105 and employs 5,908 people. Okta is listed under Internet Services & Infrastructure category by Fama And French industry classification.

Management Performance

Okta Inc Leadership Team

Elected by the shareholders, the Okta's board of directors comprises two types of representatives: Okta inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Okta. The board's role is to monitor Okta's management team and ensure that shareholders' interests are well served. Okta's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Okta's outside directors are responsible for providing unbiased perspectives on the board's policies.
Benjamin Horowitz, Independent Director
Bill Losch, CFO
Charles Race, President Worldwide Field Operations
Rebecca Saeger, Independent Director
Robert Dixon, Director
Frederic Kerrest, Co-Founder, COO and Director
Eric Berg, Chief Product Officer
Susan Ledger, Pres Operations
Dave Gennarelli, Vice Relations
Eric Kelleher, President Communications
Michael Stankey, Independent Director
Jonathan Runyan, General Counsel, Secretary
Cole Breidenbach, VP CEO
Eugenio Pace, Cofounder Operations
Shellye Archambeau, Director
Larissa Schwartz, Chief Secretary
William Losch, Advisor
Adam Aarons, Chief Revenue Officer
Jacques Kerrest, CoFounder Chairperson
Jon Addison, Chief Officer
Hector Aguilar, Executive Vice President of Engineering, CTO
Monty Gray, Executive Development
Michelle Wilson, Independent Director
Todd McKinnon, CEO, Co-Founder, Director
Alvina Antar, Senior Officer
Kerry Ok, Chief Officer
Brett Tighe, Chief Officer
Shibu Ninan, Chief Officer
Michael Kourey, Independent Director
Sagnik Nandy, President Identity
Patrick Grady, Independent Director

Okta Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Okta a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
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 tightly coupled with the direction of predictive economic indicators such as signals in estimate.
You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.

Complementary Tools for Okta Stock analysis

When running Okta's price analysis, check to measure Okta's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Okta is operating at the current time. Most of Okta's value examination focuses on studying past and present price action to predict the probability of Okta's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Okta's price. Additionally, you may evaluate how the addition of Okta to your portfolios can decrease your overall portfolio volatility.
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Portfolio Analyzer
Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
Stock Screener
Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Commodity Channel
Use Commodity Channel Index to analyze current equity momentum
Is Okta's industry 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
(2.17)
Revenue Per Share
13.83
Quarterly Revenue Growth
0.186
Return On Assets
(0.03)
Return On Equity
(0.06)
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.