Onto Innovation Balance Sheet Health
Financial Health criteria checks 6/6
Onto Innovation has a total shareholder equity of $1.8B and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $2.0B and $171.8M respectively. Onto Innovation's EBIT is $126.5M making its interest coverage ratio -5.2. It has cash and short-term investments of $740.9M.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | -5.2x |
| Cash | US$740.93m |
| Equity | US$1.78b |
| Total liabilities | US$171.82m |
| Total assets | US$1.95b |
Recent financial health updates
No updates
Recent updates
Why Investors Shouldn't Be Surprised By Onto Innovation Inc.'s (NYSE:ONTO) P/E
May 11
Onto Innovation: The Rally Has Started To Wobble Even Though It Remains Intact
Apr 26Should You Think About Buying Onto Innovation Inc. (NYSE:ONTO) Now?
Apr 01Calculating The Fair Value Of Onto Innovation Inc. (NYSE:ONTO)
Mar 14The Returns On Capital At Onto Innovation (NYSE:ONTO) Don't Inspire Confidence
Feb 25Onto Innovations: An Interesting But Demanding Story
Jan 28Some Confidence Is Lacking In Onto Innovation Inc.'s (NYSE:ONTO) P/E
Dec 26Is Onto Innovation Inc. (NYSE:ONTO) Potentially Undervalued?
Dec 05Onto Innovation: A Weak Risk-To-Reward
Nov 08The Returns On Capital At Onto Innovation (NYSE:ONTO) Don't Inspire Confidence
Oct 11Onto Innovation: Plummeting Metrology/Inspection Sales As KLA Continues To Dominate
Aug 23Why Onto Innovation Inc. (NYSE:ONTO) Could Be Worth Watching
Aug 06Investors Met With Slowing Returns on Capital At Onto Innovation (NYSE:ONTO)
Jul 06Onto Innovation: The Breakout May Not Be Build On A Solid Foundation
Jun 29Here's Why We Think Onto Innovation (NYSE:ONTO) Is Well Worth Watching
Jun 12Is Now The Time To Look At Buying Onto Innovation Inc. (NYSE:ONTO)?
Apr 25The Returns At Onto Innovation (NYSE:ONTO) Aren't Growing
Mar 17Do Onto Innovation's (NYSE:ONTO) Earnings Warrant Your Attention?
Feb 27Onto Innovation Non-GAAP EPS of $1.57 beats by $0.23, revenue of $253M in-line
Feb 09Onto Innovation Needs A Catalyst For Direction
Jan 31Is Now An Opportune Moment To Examine Onto Innovation Inc. (NYSE:ONTO)?
Jan 20Investors Met With Slowing Returns on Capital At Onto Innovation (NYSE:ONTO)
Dec 06Here's Why We Think Onto Innovation (NYSE:ONTO) Is Well Worth Watching
Nov 17Onto Innovation Is Not Ready Yet To Breakout (Technical Analysis)
Nov 16Is Now The Time To Look At Buying Onto Innovation Inc. (NYSE:ONTO)?
Oct 17Onto Innovation: The Divergence Continues
Sep 08Returns On Capital At Onto Innovation (NYSE:ONTO) Have Hit The Brakes
Aug 30Calculating The Intrinsic Value Of Onto Innovation Inc. (NYSE:ONTO)
Jul 30Is Now The Time To Look At Buying Onto Innovation Inc. (NYSE:ONTO)?
Jul 16Onto Innovation: Hidden Gem In The Semiconductor World
Jun 22Onto Innovation: Pros And Cons Of Going Long
Jun 07Is Now The Time To Put Onto Innovation (NYSE:ONTO) On Your Watchlist?
May 30Financial Position Analysis
Short Term Liabilities: ONTO's short term assets ($1.3B) exceed its short term liabilities ($147.1M).
Long Term Liabilities: ONTO's short term assets ($1.3B) exceed its long term liabilities ($24.8M).
Debt to Equity History and Analysis
Debt Level: ONTO is debt free.
Reducing Debt: ONTO has no debt compared to 5 years ago when its debt to equity ratio was 4.1%.
Debt Coverage: ONTO has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: ONTO has no debt, therefore coverage of interest payments is not a concern.