Quick Ratio
Higher than 90% of Technology sector peers
Updated 1078h ago
Sector Performance
90th percentileONTO
4.48x
Sector Median
1.32x
Sector Avg
11.22x
Deep Analysis
Onto Innovation Inc. (ONTO) has a Quick Ratio of 4.48x as of May 2026.
This places ONTO in the 90th percentile of the Technology sector, which has a median Quick Ratio of 1.32x and a sector average of 11.22x. ONTO's Quick Ratio is 239.4% above the sector median, a significant divergence that warrants closer examination. In context: A strict liquidity test. Values below 1.0 suggest a company may struggle to cover short-term obligations without selling inventory.
Frequently Asked Questions
What does the Quick Ratio tell investors about ONTO?
A strict liquidity test. Values below 1.0 suggest a company may struggle to cover short-term obligations without selling inventory.
How is the Quick Ratio calculated?
Quick Ratio is calculated as: (Cash + Receivables) / Current Liabilities.
How does ONTO's Quick Ratio compare to its sector?
ONTO's Quick Ratio of 4.48x compares to a Technology sector median of 1.32x, placing it in the 90th percentile.
Who are ONTO's closest peers by Quick Ratio?
The closest Technology peers by Quick Ratio include: ADBE (0.79x), ASML (0.70x), STEM (0.69x), BILL (0.69x), GRAB (0.69x).
The Formula
(Cash + Receivables) / Current Liabilities
Why It Matters
A strict liquidity test. Values below 1.0 suggest a company may struggle to cover short-term obligations without selling inventory.
Master ONTO's Valuation
Get the complete institutional research report covering all fundamental and technical metrics.
View full ONTO research report →ONTO
4.48x
Sector Median
1.32x
Sector Avg
11.22x
How ONTO's Quick Ratio compares to sector peers.
Also Analyze
Not financial advice. Research tool only. Data may be delayed.