Onto Historical Balance Sheet

ONTO Stock  USD 138.85  2.07  1.47%   
Trend analysis of Onto Innovation balance sheet accounts such as Total Current Liabilities of 178.6 M provides information on Onto Innovation's total assets, liabilities, and equity, which is the actual value of Onto Innovation to its prevalent stockholders. By breaking down trends over time using Onto Innovation balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Onto Innovation latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Onto Innovation is a good buy for the upcoming year.

Onto Innovation Inventory

301.33 Million

  
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Onto Innovation. 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.
To learn how to invest in Onto Stock, please use our How to Invest in Onto Innovation guide.

About Onto Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Onto Innovation at a specified time, usually calculated after every quarter, six months, or one year. Onto Innovation Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Onto Innovation and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Onto currently owns. An asset can also be divided into two categories, current and non-current.

Onto Innovation Balance Sheet Chart

At this time, Onto Innovation's Retained Earnings are very stable compared to the past year. As of the 25th of March 2025, Accounts Payable is likely to grow to about 59.1 M, though Net Debt is likely to grow to (187.9 M).

Total Assets

Total assets refers to the total amount of Onto Innovation assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Onto Innovation books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Onto Innovation balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Onto Innovation are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Accounts Payable

An accounting item on the balance sheet that represents Onto Innovation obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Onto Innovation are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most accounts from Onto Innovation's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Onto Innovation current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Onto Innovation. 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.
To learn how to invest in Onto Stock, please use our How to Invest in Onto Innovation guide.At this time, Onto Innovation's Retained Earnings are very stable compared to the past year. As of the 25th of March 2025, Accounts Payable is likely to grow to about 59.1 M, though Net Debt is likely to grow to (187.9 M).
 2022 2023 2024 2025 (projected)
Short and Long Term Debt Total22.0M19.5M15.2M20.1M
Total Assets1.8B1.9B2.1B2.2B

Onto Innovation balance sheet Correlations

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-0.49-0.45-0.38-0.51-0.520.17-0.58-0.460.11-0.50.72-0.43-0.47-0.42-0.12-0.430.23-0.470.17-0.43-0.23-0.38-0.45-0.420.44
0.98-0.450.950.970.92-0.670.840.930.620.92-0.090.920.93-0.320.750.90.240.970.060.930.930.850.95-0.32-0.53
0.95-0.380.950.940.88-0.680.850.950.650.86-0.030.920.94-0.360.730.920.070.95-0.040.920.90.840.94-0.36-0.31
1.0-0.510.970.940.97-0.670.90.930.610.93-0.220.960.97-0.30.680.940.170.970.00.970.90.920.98-0.3-0.46
0.97-0.520.920.880.97-0.610.830.850.550.95-0.330.90.9-0.270.590.880.270.920.010.950.880.920.92-0.27-0.41
-0.670.17-0.67-0.68-0.67-0.61-0.66-0.82-0.94-0.51-0.12-0.73-0.70.56-0.67-0.690.05-0.720.19-0.64-0.57-0.74-0.730.560.21
0.88-0.580.840.850.90.83-0.660.850.560.69-0.310.950.95-0.080.470.96-0.220.88-0.080.870.640.90.95-0.08-0.3
0.93-0.460.930.950.930.85-0.820.850.740.83-0.030.910.93-0.390.760.890.050.94-0.140.890.850.840.93-0.39-0.43
0.610.110.620.650.610.55-0.940.560.740.450.350.690.64-0.640.640.650.080.65-0.10.610.60.720.68-0.64-0.12
0.94-0.50.920.860.930.95-0.510.690.830.45-0.220.790.82-0.270.660.770.430.88-0.010.90.930.780.83-0.27-0.51
-0.20.72-0.09-0.03-0.22-0.33-0.12-0.31-0.030.35-0.22-0.16-0.17-0.390.25-0.170.28-0.17-0.06-0.170.1-0.22-0.17-0.390.06
0.95-0.430.920.920.960.9-0.730.950.910.690.79-0.160.99-0.320.630.990.020.940.030.960.810.950.99-0.32-0.36
0.96-0.470.930.940.970.9-0.70.950.930.640.82-0.170.99-0.310.640.980.010.95-0.020.960.820.920.99-0.31-0.39
-0.32-0.42-0.32-0.36-0.3-0.270.56-0.08-0.39-0.64-0.27-0.39-0.32-0.31-0.64-0.28-0.32-0.34-0.15-0.36-0.45-0.31-0.331.00.1
0.69-0.120.750.730.680.59-0.670.470.760.640.660.250.630.64-0.640.580.270.74-0.030.620.760.530.66-0.64-0.44
0.94-0.430.90.920.940.88-0.690.960.890.650.77-0.170.990.98-0.280.58-0.030.910.00.950.780.940.98-0.28-0.31
0.20.230.240.070.170.270.05-0.220.050.080.430.280.020.01-0.320.27-0.030.110.230.220.50.070.04-0.32-0.46
0.97-0.470.970.950.970.92-0.720.880.940.650.88-0.170.940.95-0.340.740.910.11-0.010.910.870.870.97-0.34-0.48
0.00.170.06-0.040.00.010.19-0.08-0.14-0.1-0.01-0.060.03-0.02-0.15-0.030.00.23-0.010.030.06-0.060.01-0.15-0.17
0.97-0.430.930.920.970.95-0.640.870.890.610.9-0.170.960.96-0.360.620.950.220.910.030.890.930.96-0.36-0.4
0.91-0.230.930.90.90.88-0.570.640.850.60.930.10.810.82-0.450.760.780.50.870.060.890.760.84-0.45-0.48
0.91-0.380.850.840.920.92-0.740.90.840.720.78-0.220.950.92-0.310.530.940.070.87-0.060.930.760.94-0.31-0.21
0.97-0.450.950.940.980.92-0.730.950.930.680.83-0.170.990.99-0.330.660.980.040.970.010.960.840.94-0.33-0.4
-0.32-0.42-0.32-0.36-0.3-0.270.56-0.08-0.39-0.64-0.27-0.39-0.32-0.311.0-0.64-0.28-0.32-0.34-0.15-0.36-0.45-0.31-0.330.1
-0.460.44-0.53-0.31-0.46-0.410.21-0.3-0.43-0.12-0.510.06-0.36-0.390.1-0.44-0.31-0.46-0.48-0.17-0.4-0.48-0.21-0.40.1
Click cells to compare fundamentals

Onto Innovation Account Relationship Matchups

Onto Innovation balance sheet Accounts

202020212022202320242025 (projected)
Total Assets1.5B1.6B1.8B1.9B2.1B2.2B
Short Long Term Debt Total20.9M17.7M22.0M19.5M15.2M20.1M
Other Current Liab57.0M60.9M68.3M64.4M65.3M68.5M
Total Current Liabilities120.1M154.5M160.6M147.7M170.1M178.6M
Total Stockholder Equity1.3B1.4B1.6B1.7B1.9B2.0B
Property Plant And Equipment Net88.0M82.1M92.0M122.0M123.9M130.1M
Net Debt(115.8M)(151.9M)(153.8M)(214.0M)(197.8M)(187.9M)
Retained Earnings26.2M168.5M362.8M482.4M664.6M697.8M
Accounts Payable40.2M53.3M54.5M49.9M56.3M59.1M
Cash136.7M169.6M175.9M233.5M212.9M223.6M
Non Current Assets Total736.5M701.7M660.0M626.4M639.6M671.5M
Non Currrent Assets Other23.6M26.5M25.2M2.5M15.5M11.9M
Cash And Short Term Investments373.7M511.3M547.8M697.8M852.3M894.9M
Net Receivables149.3M177.2M241.4M226.6M308.1M323.5M
Common Stock Shares Outstanding49.5M49.7M49.8M49.3M49.7M29.9M
Short Term Investments237.0M341.7M371.9M464.3M639.4M671.4M
Liabilities And Stockholders Equity1.5B1.6B1.8B1.9B2.1B2.2B
Non Current Liabilities Total83.3M69.2M37.9M25.5M21.1M25.9M
Inventory191.2M243.1M324.3M327.8M287.0M301.3M
Other Current Assets34.9M16.4M21.4M31.1M30.1M20.3M
Other Stockholder Equity1.2B1.3B1.2B1.3B1.9B2.0B
Total Liab203.4M223.8M198.4M173.2M191.2M200.8M
Property Plant And Equipment Gross88.0M82.1M92.0M179.9M204.1M214.3M
Total Current Assets731.7M948.1M1.1B1.3B1.5B1.6B
Accumulated Other Comprehensive Income4.6M1.3M(10.0M)(7.9M)(13.9M)(13.2M)
Short Term Debt(7.9M)(23.7M)(21.9M)5.5M5.4M3.1M
Intangible Assets318.4M277.3M222.2M167.4M127.5M77.5M
Current Deferred Revenue29.5M39.4M42.6M24.8M33.8M35.5M
Net Tangible Assets584.9M639.8M833.0M1.1B1.2B1.3B
Retained Earnings Total Equity(4.9M)26.2M168.5M362.8M417.2M438.0M
Capital Surpluse1.3B1.2B1.3B1.2B1.4B1.5B
Deferred Long Term Liab67.0M55.6M40.3M7.4M8.5M8.0M
Non Current Liabilities Other27.7M69.2M37.9M9.0M7.4M7.0M
Property Plant Equipment98.4M88.0M82.1M92.0M105.8M67.4M
Other Liab78.8M83.3M69.2M21.5M24.8M40.3M
Other Assets23.6M26.5M9.3M1.00.90.86

Pair Trading with Onto Innovation

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Onto Innovation position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Onto Innovation will appreciate offsetting losses from the drop in the long position's value.

Moving together with Onto Stock

  0.73VLN ValensPairCorr
  0.76S SentinelOnePairCorr

Moving against Onto Stock

  0.67VRSN VeriSignPairCorr
  0.57MQ MarqetaPairCorr
  0.44JG Aurora MobilePairCorr
The ability to find closely correlated positions to Onto Innovation could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Onto Innovation when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Onto Innovation - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Onto Innovation to buy it.
The correlation of Onto Innovation is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Onto Innovation moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Onto Innovation moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Onto Innovation can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Onto Innovation offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Onto Innovation'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 Onto Innovation Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Onto Innovation Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Onto Innovation. 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.
To learn how to invest in Onto Stock, please use our How to Invest in Onto Innovation guide.
You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Is Semiconductors & Semiconductor Equipment 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 Onto Innovation. If investors know Onto 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 Onto Innovation listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.589
Earnings Share
4.06
Revenue Per Share
20.009
Quarterly Revenue Growth
0.206
Return On Assets
0.0581
The market value of Onto Innovation is measured differently than its book value, which is the value of Onto that is recorded on the company's balance sheet. Investors also form their own opinion of Onto Innovation's value that differs from its market value or its book value, called intrinsic value, which is Onto Innovation'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 Onto Innovation's market value can be influenced by many factors that don't directly affect Onto Innovation'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 Onto Innovation's value and its price as these two are different measures arrived at by different means. Investors typically determine if Onto Innovation is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Onto Innovation'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.