Onto Innovation ONTO Current ratio
Current ratio at other companies
Other financials
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 current ratio?
- Onto Innovation (ONTO) reported current ratio of 6.2× in Q1 2026.
- How has Onto Innovation's current ratio changed year-over-year?
- Onto Innovation's current ratio decreased by 26.9% year-over-year, from 8.4× to 6.2×.
- What is the long-term trend for Onto Innovation's current ratio?
- Over 4 years (2021 to 2025), Onto Innovation's current ratio has grown at a 8.3% compound annual growth rate (CAGR), from 24.2× to 33.3×.
- What does current ratio mean?
- Whether the company has enough short-term assets to cover its short-term bills.
- How do you interpret current ratio?
- Above 1.0 means short-term assets cover short-term liabilities. Very high values can signal idle cash or bloated inventory/receivables rather than strength — there's a healthy middle, not 'more is better'.
- How does current ratio compare across companies?
- Comparable within an industry. Working-capital-light businesses can operate safely below 1.0 by collecting before they pay.