Onto Innovation (Onto Innovation) LT-Debt-to-Total-Asset : 0.01 (As of Dec. 2023)

View and export this data going back to 1999. Start your Free Trial

What is Onto Innovation LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Onto Innovation's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.01.

Onto Innovation's long-term debt to total assets ratio declined from Dec. 2022 (0.01) to Dec. 2023 (0.01). It may suggest that Onto Innovation is progressively becoming less dependent on debt to grow their business.

Onto Innovation LT-Debt-to-Total-Asset Historical Data

The historical data trend for Onto Innovation's LT-Debt-to-Total-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Onto Innovation LT-Debt-to-Total-Asset Chart

Onto Innovation Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.01

Onto Innovation Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.01	0.01	0.01	0.01	0.01

Onto Innovation LT-Debt-to-Total-Asset Calculation

Onto Innovation's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	14.027	/	1909.712
	=	0.01

Onto Innovation's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	14.027	/	1909.712
	=	0.01

Onto Innovation (NYSE:ONTO) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Onto Innovation LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Onto Innovation's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Onto Innovation (Onto Innovation) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Onto Innovation Inc (NYSE:ONTO) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

NNM:Germany

Address

16 Jonspin Road, Wilmington, MA, USA, 01887

Website

https://www.ontoinnovation.com

Onto Innovation Inc is engaged in the design, development, manufacture, and support of high-performance control metrology, defect inspection, lithography, and data analysis systems used by microelectronics device manufacturers. The Company and its subsidiaries currently operate in a single operating segment. The company mainly operates in the United States, Asia, and Europe, with China and South Korea the largest sources of total revenue.

Executives

Mark Slicer	officer: Chief Financial Officer	16 JONSPIN ROAD, WILMINGTON MA 01887
Robert Fiordalice	other: See Remarks	C/O ONTO INNOVATION, INC., 16 JONSPIN ROAD, WILMINGTON MA 01887
Srinivas Vedula	officer: SVP, Customer Success	C/O ONTO INNOVATION, INC., 16 JONSPIN ROAD, WILMINGTON MA 01887
Michael P Plisinski	director, officer: Chief Executive Officer	C/O ONTO INNOVATION, INC., 16 JONSPIN ROAD, WILMINGTON MA 01887
D Mayson Brooks	officer: VP, GM IBU	C/O ONTO INNOVATION INC., 16 JONSPIN ROAD, WILMINGTON MA 01887
Ju Jin	other: SEE REMARKS	C/O ONTO INNOVATION, INC., 16 JONSPIN ROAD, WILMINGTON MA 01887
David Brian Miller	director	C/O ONTO INNOVATION, INC., 16 JONSPIN ROAD, WILMINGTON MA 01887
Karen M Rogge	director	APPLIED MICRO CIRCUITS CORP, 4555 GREAT AMERICA PARKWAY, SUITE 601, SANTA CLARA CA 95054
May Su	director	16 JONSPIN ROAD, WILMINGTON MA 01887
Ramil Yaldaei	officer: Chief Operating Officer	C/O ONTO INNOVATION INC., 16 JONSPIN ROAD, WILMINGTON MA 01887
Yoon Ah Oh	officer: General Counsel	16 JONSPIN ROAD, WILMINGTON MA 01887
James Harlow	officer: Chief Operating Officer	16 JONSPIN RD, WILMINGTON MA 01887
Stephen Douglas Kelley	director	1900 S. PRICE ROAD, CHANDLER AZ 85286
Steven R Roth	officer: SEE REMARKS	C/O ONTO INNOVATION, INC., 16 JONSPIN ROAD, WILMINGTON MA 01887
Bruce C Rhine	director	C/O ONTO INNOVATION, INC., 16 JONSPIN ROAD, WILMINGTON MA 01887