ONTO Current Ratio Analysis
Higher than 94% of Technology sector peers
Updated 1718h ago·SEC filings & market data
Key Takeaway
The current ratio, which divides a company's short-term assets by its short-term liabilities, stands at 6.15x, meaning ONTO has $6.15 in current assets for every $1 of current liabilities due within a year.
Sector Performance
94th percentileONTO
6.15x
Sector Median
1.99x
Sector Avg
16.56x
Deep Analysis
The current ratio, which divides a company's short-term assets by its short-term liabilities, stands at 6.15x, meaning ONTO has $6.15 in current assets for every $1 of current liabilities due within a year.
This is far above the technology sector median of 1.91x, placing ONTO in the 89th percentile of its peers, so the company holds more liquidity than most comparable firms. The trend is not available: the year-over-year change and quarter-over-quarter change are both N/A, and there are no historical values to assess direction. With a high level but no trend data, the main implication is that ONTO currently faces low short-term liquidity risk, yet there is no evidence of whether that cushion is growing or shrinking. This metric supports the overall NEUTRAL verdict: the strong liquidity position reduces one type of risk, but it does not, by itself, signal a buying or selling opportunity.
Frequently Asked Questions
What does the Current Ratio tell investors about ONTO?
Measures short-term financial health. A ratio above 1.5 is generally healthy; below 1.0 may indicate liquidity stress.
How is the Current Ratio calculated?
Current Ratio is calculated as: Current Assets / Current Liabilities.
How does ONTO's Current Ratio compare to its sector?
ONTO's Current Ratio of 6.15x compares to a Technology sector median of 1.99x, placing it in the 94th percentile.
Who are ONTO's closest peers by Current Ratio?
The closest Technology peers by Current Ratio include: CRWD (1.53x), SMAR (1.51x), ASML (1.36x), ACN (1.34x), BR (1.24x).
Learn More About Current Ratio
The Formula
Current Assets / Current Liabilities
Why It Matters
Measures short-term financial health. A ratio above 1.5 is generally healthy; below 1.0 may indicate liquidity stress.
Master ONTO's Valuation
Get the complete institutional research report covering all fundamental and technical metrics.
View full ONTO research report →ONTO
6.15x
Sector Median
1.99x
Sector Avg
16.56x
How ONTO's Current Ratio compares to sector peers.
Also Analyze
Not financial advice. Research tool only. Data may be delayed.