Onto Deferred Long Term Liab vs Common Stock Analysis
| ONTO Stock | USD 195.71 10.48 5.66% |
Onto Innovation financial indicator trend analysis is much more than just breaking down Onto Innovation prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Onto Innovation is a good investment. Please check the relationship between Onto Innovation Deferred Long Term Liab and its Common Stock accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Onto Innovation. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. To learn how to invest in Onto Stock, please use our How to Invest in Onto Innovation guide.
Deferred Long Term Liab vs Common Stock
Deferred Long Term Liab vs Common Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Onto Innovation Deferred Long Term Liab account and Common Stock. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Onto Innovation's Deferred Long Term Liab and Common Stock is -0.12. Overlapping area represents the amount of variation of Deferred Long Term Liab that can explain the historical movement of Common Stock in the same time period over historical financial statements of Onto Innovation, assuming nothing else is changed. The correlation between historical values of Onto Innovation's Deferred Long Term Liab and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Deferred Long Term Liab of Onto Innovation are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Deferred Long Term Liab i.e., Onto Innovation's Deferred Long Term Liab and Common Stock go up and down completely randomly.
Correlation Coefficient | -0.12 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Deferred Long Term Liab
Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.Common Stock
Most indicators from Onto Innovation's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Onto Innovation current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Onto Innovation. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. To learn how to invest in Onto Stock, please use our How to Invest in Onto Innovation guide.At this time, Onto Innovation's Selling General Administrative is very stable compared to the past year. As of the 3rd of May 2024, Tax Provision is likely to grow to about 7.4 M, while Enterprise Value Over EBITDA is likely to drop 9.40.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 725K | 5.0M | 5.8M | 6.1M | Depreciation And Amortization | 51.4M | 55.3M | 67.2M | 70.6M |
Onto Innovation fundamental ratios Correlations
Click cells to compare fundamentals
Onto Innovation Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Onto Innovation fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 1.4B | 1.5B | 1.6B | 1.8B | 1.9B | 2.0B | |
| Other Current Liab | 38.5M | 8.9M | 14.7M | 57.7M | 67.6M | 71.0M | |
| Total Current Liabilities | 85.7M | 120.1M | 154.5M | 160.6M | 147.7M | 155.1M | |
| Total Stockholder Equity | 1.3B | 1.3B | 1.4B | 1.6B | 1.7B | 1.8B | |
| Property Plant And Equipment Net | 122.0M | 88.0M | 82.1M | 92.0M | 122.0M | 128.1M | |
| Net Debt | (105.8M) | (115.8M) | (151.9M) | (153.8M) | (214.0M) | (203.3M) | |
| Retained Earnings | (4.9M) | 26.2M | 168.5M | 362.8M | 482.4M | 506.5M | |
| Accounts Payable | 27.7M | 77.3M | 96.4M | 54.5M | 49.9M | 52.4M | |
| Cash | 130.7M | 136.7M | 169.6M | 175.9M | 233.5M | 245.2M | |
| Non Current Assets Total | 806.9M | 736.5M | 701.7M | 660.0M | 626.4M | 657.8M | |
| Non Currrent Assets Other | 1.4M | 23.6M | 26.5M | 25.2M | 21.3M | 12.5M | |
| Cash And Short Term Investments | 320.2M | 373.7M | 511.3M | 547.8M | 697.8M | 732.7M | |
| Net Receivables | 123.7M | 149.3M | 177.2M | 241.4M | 226.6M | 237.9M | |
| Common Stock Shares Outstanding | 30.0M | 49.5M | 49.7M | 49.8M | 49.3M | 29.0M | |
| Short Term Investments | 189.6M | 237.0M | 341.7M | 371.9M | 464.3M | 487.5M | |
| Liabilities And Stockholders Equity | 1.4B | 1.5B | 1.6B | 1.8B | 1.9B | 2.0B | |
| Non Current Liabilities Total | 98.8M | 83.3M | 69.2M | 37.9M | 25.5M | 26.0M | |
| Inventory | 176.1M | 191.2M | 243.1M | 324.3M | 327.8M | 344.2M | |
| Other Current Assets | 21.6M | 17.5M | 16.4M | 21.4M | 31.1M | 19.2M | |
| Other Stockholder Equity | 1.3B | 1.2B | 1.3B | 1.2B | 1.3B | 1.3B | |
| Total Liab | 184.6M | 203.4M | 223.8M | 198.4M | 173.2M | 181.8M | |
| Property Plant And Equipment Gross | 122.0M | 88.0M | 82.1M | 92.0M | 179.9M | 188.9M | |
| Total Current Assets | 641.7M | 731.7M | 948.1M | 1.1B | 1.3B | 1.3B | |
| Accumulated Other Comprehensive Income | (598K) | 4.6M | 1.3M | (10.0M) | (7.9M) | (7.5M) | |
| Short Term Debt | 4.9M | 4.5M | 4.0M | 5.7M | 5.5M | 3.9M | |
| Intangible Assets | 372.0M | 318.4M | 277.3M | 222.2M | 167.4M | 175.7M | |
| Current Deferred Revenue | 14.6M | 29.5M | 39.4M | 42.6M | 24.8M | 13.1M | |
| Net Tangible Assets | 584.9M | 639.8M | 833.0M | 1.1B | 1.2B | 1.3B | |
| Retained Earnings Total Equity | (4.9M) | 26.2M | 168.5M | 362.8M | 417.2M | 438.0M | |
| Capital Surpluse | 1.3B | 1.2B | 1.3B | 1.2B | 1.4B | 1.5B | |
| Deferred Long Term Liab | 67.0M | 55.6M | 40.3M | 7.4M | 8.5M | 8.0M | |
| Non Current Liabilities Other | 31.8M | 27.7M | 69.2M | 37.9M | 9.0M | 17.7M | |
| Property Plant Equipment | 98.4M | 88.0M | 82.1M | 92.0M | 105.8M | 67.4M | |
| Other Liab | 78.8M | 83.3M | 69.2M | 21.5M | 24.8M | 40.3M | |
| Other Assets | 5.8M | 23.6M | 26.5M | 9.3M | 1.0 | 0.95 |
Onto Innovation Investors Sentiment
The influence of Onto Innovation's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Onto. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Onto Innovation's public news can be used to forecast risks associated with an investment in Onto. The trend in average sentiment can be used to explain how an investor holding Onto can time the market purely based on public headlines and social activities around Onto Innovation. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Onto Innovation's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Onto Innovation's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Onto Innovation's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Onto Innovation.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Onto Innovation in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Onto Innovation's short interest history, or implied volatility extrapolated from Onto Innovation options trading.
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Try AI Portfolio ArchitectCheck out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Onto Innovation. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. To learn how to invest in Onto Stock, please use our How to Invest in Onto Innovation guide.You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Complementary Tools for Onto Stock analysis
When running Onto Innovation's price analysis, check to measure Onto Innovation's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Onto Innovation is operating at the current time. Most of Onto Innovation's value examination focuses on studying past and present price action to predict the probability of Onto Innovation's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Onto Innovation's price. Additionally, you may evaluate how the addition of Onto Innovation to your portfolios can decrease your overall portfolio volatility.
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Is Onto Innovation's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Onto Innovation. If investors know Onto will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Onto Innovation listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.54) | Earnings Share 2.47 | Revenue Per Share 16.66 | Quarterly Revenue Growth (0.14) | Return On Assets 0.0392 |
The market value of Onto Innovation is measured differently than its book value, which is the value of Onto that is recorded on the company's balance sheet. Investors also form their own opinion of Onto Innovation's value that differs from its market value or its book value, called intrinsic value, which is Onto Innovation's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Onto Innovation's market value can be influenced by many factors that don't directly affect Onto Innovation's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Onto Innovation's value and its price as these two are different measures arrived at by different means. Investors typically determine if Onto Innovation is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Onto Innovation's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.