Onto Innovation ONTO CA — Deferred Tax Assets Valuation Allowance

Similar metrics at other companies

AEISDE — Deferred Tax Assets Valuation Allowance

$25.6M—

AAOITW — Deferred Tax Assets Valuation Allowance

$2.8M—

OVVUnited States And Canada — Deferred Tax Assets Valuation Allowance

$1.03B—

AGXGB — Deferred Tax Assets Valuation Allowance

$7.1M0.0%

VMI

VMIDK — Deferred Tax Assets Valuation Allowance

$5.1M—

AAIS — Deferred Tax Assets Valuation Allowance

$94M—

Questions, answered.

What is Onto Innovation's CA — deferred tax assets valuation allowance?

Onto Innovation (ONTO) reported CA — deferred tax assets valuation allowance of $7.55M in Q4 2021.

What does CA — deferred tax assets valuation allowance mean?

The portion of tax assets that the company expects it will not be able to use to reduce future tax payments.

How do you interpret CA — deferred tax assets valuation allowance?

An increase in the valuation allowance suggests management has lowered its expectations for future taxable income in that region, while a decrease indicates improved confidence in the recoverability of tax benefits.

How does CA — deferred tax assets valuation allowance compare across companies?

Peers in the semiconductor equipment industry typically maintain low valuation allowances unless they are undergoing significant restructuring or experiencing prolonged regional profitability challenges.