Okta Retained Earnings vs Good Will Analysis

OKTA Stock

USD 100.74 1.47 1.48%

Okta financial indicator trend analysis is much more than just breaking down Okta Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Okta Inc is a good investment. Please check the relationship between Okta Retained Earnings and its Good Will accounts. 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.

Retained Earnings vs Good Will

Retained Earnings vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Okta Inc Retained Earnings account and Good Will. At this time, the significance of the direction appears to have pay attention.

The correlation between Okta's Retained Earnings and Good Will is -0.95. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Good Will in the same time period over historical financial statements of Okta Inc, assuming nothing else is changed. The correlation between historical values of Okta's Retained Earnings and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Okta Inc are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Retained Earnings i.e., Okta's Retained Earnings and Good Will go up and down completely randomly.

Correlation Coefficient

-0.95

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Most indicators from Okta's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Okta Inc current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. 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.

At present, Okta's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Tax Provision is expected to grow to about 18.9 M, whereas Enterprise Value Over EBITDA is forecasted to decline to (51.56).

	2021	2022	2023	2024 (projected)
Gross Profit	903.8M	1.3B	1.7B	1.8B
Total Revenue	1.3B	1.9B	2.3B	2.4B

Gross Profit Total Revenue

Okta fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Deferred Long Term Liab
Total Assets		0.98	0.92	0.99	0.98	-0.02	0.76	0.97	0.84	-0.98	0.64	0.54	0.98	0.96	0.98	0.85	0.98	0.98	0.79	0.93	0.87	0.88	0.75	0.99	0.9	0.98
Other Current Liab	0.98		0.95	0.96	0.96	0.07	0.79	0.97	0.8	-0.96	0.63	0.62	0.94	0.98	0.98	0.86	0.98	0.93	0.8	0.92	0.86	0.82	0.8	0.97	0.88	0.98
Total Current Liabilities	0.92	0.95		0.87	0.88	0.21	0.82	0.94	0.82	-0.93	0.59	0.71	0.85	0.95	0.94	0.89	0.94	0.83	0.83	0.91	0.89	0.78	0.83	0.89	0.88	0.96
Total Stockholder Equity	0.99	0.96	0.87		0.98	-0.13	0.66	0.97	0.76	-0.97	0.65	0.44	1.0	0.95	0.96	0.77	0.97	1.0	0.74	0.89	0.79	0.82	0.67	1.0	0.84	0.96
Other Liab	0.98	0.96	0.88	0.98		-0.04	0.7	0.94	0.79	-0.94	0.69	0.46	0.98	0.93	0.96	0.8	0.95	0.97	0.74	0.88	0.82	0.82	0.75	0.98	0.85	0.95
Net Tangible Assets	-0.02	0.07	0.21	-0.13	-0.04		0.55	-0.07	0.3	0.07	0.16	0.66	-0.18	-0.03	0.05	0.42	-0.07	-0.21	0.37	0.13	0.35	0.17	0.6	-0.12	0.25	0.04
Property Plant And Equipment Net	0.76	0.79	0.82	0.66	0.7	0.55		0.69	0.91	-0.7	0.5	0.87	0.64	0.69	0.78	0.96	0.7	0.61	0.84	0.85	0.94	0.88	0.94	0.67	0.91	0.76
Current Deferred Revenue	0.97	0.97	0.94	0.97	0.94	-0.07	0.69		0.75	-1.0	0.59	0.57	0.96	0.99	0.98	0.79	1.0	0.95	0.78	0.9	0.8	0.78	0.68	0.98	0.84	0.99
Net Debt	0.84	0.8	0.82	0.76	0.79	0.3	0.91	0.75		-0.77	0.51	0.63	0.75	0.72	0.82	0.96	0.75	0.74	0.78	0.89	0.98	0.97	0.86	0.76	0.97	0.79
Retained Earnings	-0.98	-0.96	-0.93	-0.97	-0.94	0.07	-0.7	-1.0	-0.77		-0.6	-0.56	-0.96	-0.99	-0.98	-0.81	-1.0	-0.95	-0.8	-0.92	-0.82	-0.81	-0.68	-0.98	-0.86	-0.99
Accounts Payable	0.64	0.63	0.59	0.65	0.69	0.16	0.5	0.59	0.51	-0.6		0.39	0.63	0.59	0.57	0.56	0.6	0.63	0.75	0.62	0.57	0.5	0.67	0.64	0.57	0.63
Cash	0.54	0.62	0.71	0.44	0.46	0.66	0.87	0.57	0.63	-0.56	0.39		0.41	0.59	0.61	0.79	0.56	0.37	0.8	0.69	0.71	0.6	0.8	0.48	0.7	0.63
Non Current Assets Total	0.98	0.94	0.85	1.0	0.98	-0.18	0.64	0.96	0.75	-0.96	0.63	0.41		0.94	0.95	0.75	0.96	1.0	0.71	0.88	0.78	0.83	0.64	0.99	0.83	0.95
Non Currrent Assets Other	0.96	0.98	0.95	0.95	0.93	-0.03	0.69	0.99	0.72	-0.99	0.59	0.59	0.94		0.97	0.79	0.99	0.93	0.77	0.9	0.79	0.75	0.69	0.97	0.82	0.99
Other Assets	0.98	0.98	0.94	0.96	0.96	0.05	0.78	0.98	0.82	-0.98	0.57	0.61	0.95	0.97		0.86	0.98	0.94	0.8	0.91	0.87	0.85	0.77	0.97	0.89	0.99
Cash And Short Term Investments	0.85	0.86	0.89	0.77	0.8	0.42	0.96	0.79	0.96	-0.81	0.56	0.79	0.75	0.79	0.86		0.8	0.72	0.88	0.94	0.99	0.92	0.93	0.78	0.98	0.85
Net Receivables	0.98	0.98	0.94	0.97	0.95	-0.07	0.7	1.0	0.75	-1.0	0.6	0.56	0.96	0.99	0.98	0.8		0.96	0.78	0.91	0.81	0.79	0.69	0.99	0.84	0.99
Good Will	0.98	0.93	0.83	1.0	0.97	-0.21	0.61	0.95	0.74	-0.95	0.63	0.37	1.0	0.93	0.94	0.72	0.96		0.69	0.87	0.76	0.81	0.62	0.99	0.81	0.94
Common Stock Total Equity	0.79	0.8	0.83	0.74	0.74	0.37	0.84	0.78	0.78	-0.8	0.75	0.8	0.71	0.77	0.8	0.88	0.78	0.69		0.87	0.85	0.77	0.86	0.75	0.86	0.83
Common Stock Shares Outstanding	0.93	0.92	0.91	0.89	0.88	0.13	0.85	0.9	0.89	-0.92	0.62	0.69	0.88	0.9	0.91	0.94	0.91	0.87	0.87		0.94	0.92	0.82	0.9	0.97	0.93
Short Term Investments	0.87	0.86	0.89	0.79	0.82	0.35	0.94	0.8	0.98	-0.82	0.57	0.71	0.78	0.79	0.87	0.99	0.81	0.76	0.85	0.94		0.94	0.92	0.8	0.99	0.85
Non Current Liabilities Total	0.88	0.82	0.78	0.82	0.82	0.17	0.88	0.78	0.97	-0.81	0.5	0.6	0.83	0.75	0.85	0.92	0.79	0.81	0.77	0.92	0.94		0.79	0.82	0.97	0.82
Other Current Assets	0.75	0.8	0.83	0.67	0.75	0.6	0.94	0.68	0.86	-0.68	0.67	0.8	0.64	0.69	0.77	0.93	0.69	0.62	0.86	0.82	0.92	0.79		0.68	0.87	0.76
Other Stockholder Equity	0.99	0.97	0.89	1.0	0.98	-0.12	0.67	0.98	0.76	-0.98	0.64	0.48	0.99	0.97	0.97	0.78	0.99	0.99	0.75	0.9	0.8	0.82	0.68		0.85	0.98
Total Liab	0.9	0.88	0.88	0.84	0.85	0.25	0.91	0.84	0.97	-0.86	0.57	0.7	0.83	0.82	0.89	0.98	0.84	0.81	0.86	0.97	0.99	0.97	0.87	0.85		0.88
Deferred Long Term Liab	0.98	0.98	0.96	0.96	0.95	0.04	0.76	0.99	0.79	-0.99	0.63	0.63	0.95	0.99	0.99	0.85	0.99	0.94	0.83	0.93	0.85	0.82	0.76	0.98	0.88

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Okta Account Relationship Matchups

Okta fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.0B	3.3B	9.2B	9.3B	9.0B	9.4B
Other Current Liab	77.2M	125.6M	233.1M	179M	251M	263.6M
Total Current Liabilities	547.0M	1.5B	1.2B	1.5B	1.8B	1.9B
Total Stockholder Equity	405.3M	694.0M	5.9B	5.5B	5.9B	6.2B
Other Liab	11.6M	22.2M	54.7M	41M	47.2M	49.5M
Net Tangible Assets	324.8M	619.0M	203.5M	(175M)	(201.3M)	(191.2M)
Property Plant And Equipment Net	178.7M	212.4M	213.4M	181M	131M	110.0M
Current Deferred Revenue	365.2M	502.7M	973.3M	1.2B	1.5B	1.6B
Net Debt	572.2M	1.5B	1.7B	2.1B	961M	730.3M
Retained Earnings	(701.1M)	(967.5M)	(1.8B)	(2.5B)	(2.8B)	(2.7B)
Accounts Payable	3.8M	8.6M	20.2M	12M	13.8M	11.6M
Cash	520.0M	434.6M	260.1M	264M	336M	257.1M
Non Current Assets Total	355.7M	420.2M	6.2B	6.1B	6.1B	6.4B
Non Currrent Assets Other	96.4M	132.8M	233.3M	256M	371M	389.6M
Other Assets	96.4M	132.8M	233.3M	231M	265.7M	278.9M
Cash And Short Term Investments	1.4B	2.6B	2.5B	2.6B	2.2B	1.3B
Net Receivables	130.1M	194.8M	397.5M	481M	579M	608.0M
Common Stock Total Equity	11K	12K	13K	16K	18.4K	10.2K
Common Stock Shares Outstanding	117.2M	127.2M	148.0M	158.0M	163.6M	129.5M
Short Term Investments	883.0M	2.1B	2.2B	2.3B	1.9B	1.1B
Liabilities And Stockholders Equity	2.0B	3.3B	9.2B	9.3B	9.0B	9.4B
Non Current Liabilities Total	1.0B	1.1B	2.0B	2.4B	1.3B	910.5M
Other Current Assets	66.6M	127.6M	141.3M	76M	84M	69.0M
Other Stockholder Equity	1.1B	1.7B	7.7B	8.0B	8.7B	9.2B
Total Liab	1.6B	2.6B	3.3B	3.8B	3.1B	1.7B
Deferred Long Term Liab	77.9M	108.6M	191.0M	210M	241.5M	253.6M
Property Plant And Equipment Gross	178.7M	212.4M	213.4M	181M	193M	116.8M
Total Current Assets	1.6B	2.9B	3.0B	3.2B	2.9B	1.6B
Accumulated Other Comprehensive Income	892K	5.4M	(12.0M)	(33M)	(6M)	(6.3M)
Short Term Debt	100.7M	908.7M	16.2M	32M	31M	29.5M
Intangible Assets	32.5M	27.0M	317.0M	241M	182M	92.5M
Common Stock	11K	12K	13K	16K	18.4K	10.2K
Property Plant Equipment	178.7M	62.8M	213.4M	59M	67.9M	87.8M
Capital Surpluse	1.1B	1.7B	7.7B	8.0B	9.2B	9.6B
Non Current Liabilities Other	3.8M	22.2M	54.7M	41M	14M	19.3M
Retained Earnings Total Equity	(701.1M)	(967.5M)	(1.8B)	(2.5B)	(2.2B)	(2.1B)

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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:

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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 Center module to all portfolio management and optimization tools to improve performance of your portfolios.

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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.

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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.

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Okta Retained Earnings vs Good Will Analysis

Retained Earnings vs Good Will

Retained Earnings vs Good Will Correlation Analysis

Correlation Coefficient

Retained Earnings

Good Will

Okta fundamental ratios Correlations

Okta Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Okta fundamental ratios Accounts

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COMMON DESTINATIONS

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COMPANY

Non Current Assets Total	+ 1.0	Total Stockholder Equity
Good Will	+ 1.0	Total Stockholder Equity
Other Stockholder Equity	+ 1.0	Total Stockholder Equity
Net Receivables	+ 1.0	Current Deferred Revenue
Good Will	+ 1.0	Non Current Assets Total
Total Stockholder Equity	+ 0.99	Total Assets

Net Receivables	- 1.0	Retained Earnings
Retained Earnings	- 1.0	Current Deferred Revenue
Deferred Long Term Liab	- 0.99	Retained Earnings
Non Currrent Assets Other	- 0.99	Retained Earnings
Other Stockholder Equity	- 0.98	Retained Earnings
Other Assets	- 0.98	Retained Earnings