ON24 Non Current Liabilities Total vs Total Stockholder Equity Analysis

ONTF Stock  USD 6.58  0.17  2.65%   
ON24 financial indicator trend analysis is much more than just breaking down ON24 Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ON24 Inc is a good investment. Please check the relationship between ON24 Non Current Liabilities Total and its Total Stockholder Equity accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ON24 Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Non Current Liabilities Total vs Total Stockholder Equity

Non Current Liabilities Total vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ON24 Inc Non Current Liabilities Total account and Total Stockholder Equity. At this time, the significance of the direction appears to have pay attention.
The correlation between ON24's Non Current Liabilities Total and Total Stockholder Equity is -0.89. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of ON24 Inc, assuming nothing else is changed. The correlation between historical values of ON24's Non Current Liabilities Total and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of ON24 Inc are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Non Current Liabilities Total i.e., ON24's Non Current Liabilities Total and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.89
Relationship DirectionNegative 
Relationship StrengthSignificant

Non Current Liabilities Total

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from ON24's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ON24 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 ON24 Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
The ON24's current Tax Provision is estimated to increase to about 1.4 M, while Selling General Administrative is projected to decrease to roughly 33.7 M.
 2021 2022 2023 2024 (projected)
Interest Expense464K181K93K88.4K
Depreciation And Amortization4.6M7.4M5.4M4.5M

ON24 fundamental ratios Correlations

-0.830.820.90.99-0.80.920.870.9-0.85-0.620.670.810.920.90.89-0.870.990.880.880.880.95-0.860.940.960.78
-0.83-0.61-0.62-0.870.8-0.96-0.63-0.620.730.8-0.26-0.65-0.65-0.63-0.650.99-0.86-0.58-0.96-0.74-0.850.99-0.71-0.91-0.43
0.82-0.610.970.76-0.660.780.80.97-0.79-0.610.770.780.920.940.94-0.650.760.970.760.830.66-0.670.950.730.95
0.9-0.620.970.85-0.70.80.891.0-0.81-0.570.850.80.980.980.97-0.680.861.00.770.890.78-0.680.980.80.97
0.99-0.870.760.85-0.810.930.840.84-0.84-0.620.60.790.880.850.85-0.91.00.820.890.850.97-0.890.90.980.7
-0.80.8-0.66-0.7-0.81-0.88-0.81-0.680.480.87-0.47-0.4-0.79-0.73-0.780.87-0.79-0.69-0.9-0.73-0.860.87-0.79-0.89-0.54
0.92-0.960.780.80.93-0.880.790.79-0.77-0.850.480.70.830.80.82-0.980.920.771.00.870.9-0.980.860.960.64
0.87-0.630.80.890.84-0.810.790.87-0.56-0.630.870.520.910.850.83-0.730.840.880.770.820.88-0.710.910.830.82
0.9-0.620.971.00.84-0.680.790.87-0.82-0.560.830.820.980.990.97-0.670.851.00.760.880.76-0.670.980.790.97
-0.850.73-0.79-0.81-0.840.48-0.77-0.56-0.820.4-0.46-0.99-0.76-0.8-0.790.7-0.85-0.78-0.72-0.75-0.680.71-0.81-0.77-0.72
-0.620.8-0.61-0.57-0.620.87-0.85-0.63-0.560.4-0.32-0.32-0.63-0.6-0.640.83-0.6-0.56-0.9-0.73-0.650.85-0.63-0.71-0.45
0.67-0.260.770.850.6-0.470.480.870.83-0.46-0.320.470.830.80.74-0.370.610.860.460.730.6-0.350.790.510.9
0.81-0.650.780.80.79-0.40.70.520.82-0.99-0.320.470.740.80.78-0.620.80.770.650.730.62-0.630.780.70.74
0.92-0.650.920.980.88-0.790.830.910.98-0.76-0.630.830.740.990.98-0.720.880.980.810.920.83-0.720.980.840.93
0.9-0.630.940.980.85-0.730.80.850.99-0.8-0.60.80.80.990.99-0.680.850.980.780.910.78-0.680.970.810.94
0.89-0.650.940.970.85-0.780.820.830.97-0.79-0.640.740.780.980.99-0.70.840.970.80.880.77-0.710.970.830.91
-0.870.99-0.65-0.68-0.90.87-0.98-0.73-0.670.70.83-0.37-0.62-0.72-0.68-0.7-0.89-0.65-0.98-0.78-0.91.0-0.77-0.95-0.49
0.99-0.860.760.861.0-0.790.920.840.85-0.85-0.60.610.80.880.850.84-0.890.820.880.850.96-0.880.90.970.71
0.88-0.580.971.00.82-0.690.770.881.0-0.78-0.560.860.770.980.980.97-0.650.820.750.880.75-0.650.980.770.98
0.88-0.960.760.770.89-0.91.00.770.76-0.72-0.90.460.650.810.780.8-0.980.880.750.860.87-0.980.830.930.61
0.88-0.740.830.890.85-0.730.870.820.88-0.75-0.730.730.730.920.910.88-0.780.850.880.860.8-0.790.860.80.83
0.95-0.850.660.780.97-0.860.90.880.76-0.68-0.650.60.620.830.780.77-0.90.960.750.870.8-0.880.840.970.61
-0.860.99-0.67-0.68-0.890.87-0.98-0.71-0.670.710.85-0.35-0.63-0.72-0.68-0.711.0-0.88-0.65-0.98-0.79-0.88-0.77-0.94-0.5
0.94-0.710.950.980.9-0.790.860.910.98-0.81-0.630.790.780.980.970.97-0.770.90.980.830.860.84-0.770.880.91
0.96-0.910.730.80.98-0.890.960.830.79-0.77-0.710.510.70.840.810.83-0.950.970.770.930.80.97-0.940.880.62
0.78-0.430.950.970.7-0.540.640.820.97-0.72-0.450.90.740.930.940.91-0.490.710.980.610.830.61-0.50.910.62
Click cells to compare fundamentals

ON24 Account Relationship Matchups

ON24 fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets68.5M156.7M480.5M425.5M280.3M265.1M
Short Long Term Debt Total24.1M28.1M4.0M9.3M5.4M5.1M
Other Current Liab11.4M16.4M15.8M14.3M15.3M15.5M
Total Current Liabilities58.9M116.8M120.1M110.7M96.1M101.3M
Total Stockholder Equity(17.4M)10.2M355.1M308.0M180.2M146.1M
Other Liab3.9M4.0M3.3M1.7M1.5M2.7M
Net Tangible Assets(171.2M)(143.7M)355.1M306.0M351.9M369.5M
Property Plant And Equipment Net5.4M9.1M8.8M12.8M8.4M9.2M
Current Deferred Revenue44.4M92.2M96.2M83.5M74.4M78.1M
Net Debt5.2M(30.2M)(161.0M)(17.7M)(47.8M)(50.2M)
Retained Earnings(192.0M)(171.3M)(195.5M)(253.7M)(305.5M)(320.8M)
Accounts Payable2.1M4.7M3.1M4.6M1.9M3.4M
Cash18.8M58.2M164.9M27.0M53.2M60.4M
Non Current Assets Total14.3M29.3M31.4M34.2M26.5M25.9M
Non Currrent Assets Other8.8M20.1M22.6M19.4M16.9M16.1M
Other Assets8.9M20.2M22.6M19.4M22.3M15.7M
Cash And Short Term Investments23.8M61.2M382.6M328.1M198.7M184.0M
Net Receivables22.6M48.6M46.1M43.8M37.9M39.8M
Short Term Investments5M3M217.6M301.1M145.5M123.6M
Liabilities And Stockholders Equity68.5M156.7M480.5M425.5M280.3M265.1M
Non Current Liabilities Total27.0M29.7M5.3M6.8M4M3.8M
Other Current Assets2.2M16.7M20.4M19.4M17.1M14.3M
Other Stockholder Equity20.8M27.5M550.8M562.6M485.3M305.3M
Total Liab85.9M146.5M125.4M117.5M100.1M119.0M
Net Invested Capital(147.1M)(115.6M)359.1M308.0M180.2M189.2M
Property Plant And Equipment Gross5.4M9.1M33.1M12.8M41.1M43.1M
Total Current Assets54.2M127.5M449.1M391.3M253.8M239.2M
Accumulated Other Comprehensive Income(2K)94K(235K)(872K)435K456.8K
Non Current Liabilities Other323K4.0M3.3M6.8M1.5M3.0M
Net Working Capital(4.7M)10.7M328.9M280.6M157.7M138.0M
Short Term Debt1.0M2.4M3.8M8.4M5.8M4.1M
Property Plant Equipment5.4M9.1M8.8M12.8M14.7M9.2M

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When determining whether ON24 Inc is a strong investment it is important to analyze ON24's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ON24's future performance. For an informed investment choice regarding ON24 Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ON24 Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Is Application Software space 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 ON24. If investors know ON24 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 ON24 listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.07)
Revenue Per Share
3.615
Quarterly Revenue Growth
(0.07)
Return On Assets
(0.11)
Return On Equity
(0.24)
The market value of ON24 Inc is measured differently than its book value, which is the value of ON24 that is recorded on the company's balance sheet. Investors also form their own opinion of ON24's value that differs from its market value or its book value, called intrinsic value, which is ON24'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 ON24's market value can be influenced by many factors that don't directly affect ON24'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 ON24's value and its price as these two are different measures arrived at by different means. Investors typically determine if ON24 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ON24'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.