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Cash ratio at other companies

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Applied MaterialsAMAT
0.2×0.0×
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0.1×0.0×
Amkor Technology logo
Amkor TechnologyAMKR
0.6×-0.1×
Teradyne, Inc. logo
Teradyne, Inc.TER
0.2×-0.5×
Fortive logo
FortiveFTV
0.2×-0.2×
MACOM Technology Solutions logo
MACOM Technology SolutionsMTSI
0.7×+0.3×

Other financials

Income statement

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Revenue$291.9M+9.5%
Gross profit$146.4M+2.2%
Operating income$33.5M-46.9%
Net income$33.8M-1.3%
EPS (diluted)$0.67-48.5%

Balance sheet

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Cash & equivalents$252.2M+23.8%
Total debt$17.5M+15.3%
Total equity$2.1B+11.1%
Total assets$2.4B+13.3%

Cash flow

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Operating cash flow$26.3M-71.4%
CapEx$3.6M-56.5%
Free cash flow$22.7M-72.9%

Valuation

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Market cap$16.6B+70.5%
P/E121.8×+69.3×
P/S16.1×+6.6×

Profitability

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Gross margin48.8%-3.9pp
Operating margin10%-10.2pp
Net margin13.2%-4.9pp

Returns & leverage

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Return on equity6.7%-3.3pp
Debt / equity0.0×
Current ratio6.2×-2.3×

Where this comes from

Calculated from Onto Innovation’s reported figures.

Based on the most recent quarter.

The official record: Onto Innovation’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Onto Innovation's cash ratio?
Onto Innovation (ONTO) reported cash ratio of 1.2× in Q1 2026.
How has Onto Innovation's cash ratio changed year-over-year?
Onto Innovation's cash ratio increased by 0.7% year-over-year, from 1.2× to 1.2×.
What is the long-term trend for Onto Innovation's cash ratio?
Over 4 years (2021 to 2025), Onto Innovation's cash ratio has grown at a 17.4% compound annual growth rate (CAGR), from 4.1× to 7.8×.
What does cash ratio mean?
How much of its short-term bills the company could pay with cash on hand right now.
How do you interpret cash ratio?
A buffer against stress, but persistently high cash ratios can indicate under-deployed capital. Interpret alongside the company's capital-allocation strategy.
How does cash ratio compare across companies?
Varies widely by business model and treasury policy; best read against the company's own history.