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The Cash Ratio measures a company’s ability to meet its short-term obligations with cash and near-cash resources. It is calculated as a company's Cash, Cash Equivalents, Marketable Securities divides by its Total Current Liabilities. ON24's Cash Ratio for the quarter that ended in Dec. 2025 was 2.02.
ON24 has a Cash Ratio of 2.02. It generally indicates that the company is able to cover all short-term debt and still have cash remaining.
The historical rank and industry rank for ON24's Cash Ratio or its related term are showing as below:
ONTF'
s Cash Ratio Range Over the Past 10 Years
Min: 0.18 Med: 2.05 Max: 3.18
Current: 2.02
During the past 8 years, ON24's highest Cash Ratio was 3.18. The lowest was 0.18. And the median was 2.05.
ONTF's Cash Ratio is not ranked
in the Software industry.
Industry Median: 0.78
vs ONTF: 2.02
The cash ratio is more conservative than other liquidity ratios, such as Quick Ratio and Current Ratio, because it only considers a company's most liquid resources. The numerator of cash ratio only considers Cash, Cash Equivalents and marketable securities. Other current assets, such as accounts receivable and inventories, are not included. The rationale is that these assets may require time to be transformed into cash, and the amount of money received is also uncertain.
The cash ratio shows a company’s ability to pay all current liabilities immediately without selling or liquidating other assets. Generally speaking, a higher cash ratio suggests the company has a stronger ability to cover its short-term debt. However, a high cash ratio could also indicate inefficient management: the company is inefficient in making full utilization of cash to invest protential profitable project. It may also suggest that the company is not confident about future profitability.
In general, the higher the cash ratio, the better the company's liquidity position.
ON24 Cash Ratio Related Terms
ON24 Cash Ratio Historical Data
* Premium members only.
The historical data trend for ON24's Cash Ratio 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.
For the Software - Application subindustry, ON24's Cash Ratio, along with its competitors' market caps and Cash Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
ON24 Cash Ratio vs Software Industry
For the Software industry and Technology sector, ON24's Cash Ratio distribution charts can be found below:
* The bar in red indicates where ON24's Cash Ratio falls into.
* 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.
ON24 (ONTF) has a Cash Ratio of 2.02 as of Dec. 2025. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on ON24 and its competitors. This is near median its historical median of 2.05. Over the past decade, ON24's Cash Ratio has ranged from 0.18 to 3.18.
Is ON24's Cash Ratio too high?
ON24's current Cash Ratio of 2.02 is near median its 10-year median of 2.05. Over the past 10 years, this metric has ranged from a low of 0.18 to a high of 3.18. The Software industry median Cash Ratio is 0.78. ON24's value of 2.02 is 159% above this industry median. Overall, ON24 has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does ON24's Cash Ratio compare to APPS and SPT?
ON24's Cash Ratio of 2.02 can be compared against companies in the Software industry. The industry median Cash Ratio is 0.78. ON24's value of 2.02 is 159% above this benchmark. Historically, ON24's own Cash Ratio has ranged from 0.18 to 3.18 over the past decade. While the company's 10-year median is 2.05 vs. the industry median of 0.78, ON24 has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash Ratio for a Software company?
The median Cash Ratio among Software companies is 0.78, based on 2,794 companies in the industry. Companies in the top quartile (top 25%) have a Cash Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cash Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. ON24's current Cash Ratio of 2.02 is 159% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash Ratio mean?
A high Cash Ratio can signal that a stock is expensive relative to its fundamentals. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on ON24 and its competitors. For the Software industry, the median Cash Ratio is 0.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ON24's current Cash Ratio is 2.02, which is near median its own 10-year median of 2.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ON24 stock overvalued right now?
ON24 (ONTF) has a current Cash Ratio of 2.02. The stock's GF Value™ is $5.73, compared to a current price of $8.10 — trading 41.4% above its estimated fair value. The current Cash Ratio is 2.02, which is near median its 10-year median of 2.05 and 159% above the Software industry median of 0.78. ON24's overall GF Score™ is 39/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Ratio calculated?
Cash Ratio is calculated from a company's financial statements. For ON24 (ONTF), the current Cash Ratio is 2.02 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is ON24 (ONTF) Overvalued in 2026?
Based on GuruFocus' analysis, ON24 stock appears to be overvalued.
The current stock price of $8.10 is trading 41.4% above its estimated GF Value™ of $5.73.
Key valuation signals for ONTF:
Cash Ratio: 2.02 (near median its 10-year median of 2.05)
GF Value™: $5.73 vs. price of $8.10 (41.4% above fair value)
No single metric tells the full story. See the ONTF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ON24 Inc provides a cloud-based intelligent engagement platform that combines experiences with personalization and content, to enable sales and marketing organizations to capture and act on connected insights at scale. The company's platform offers a portfolio of interactive and hyper-personalized digital experience products that create and capture actionable, real-time data at scale from millions of professionals to provide businesses with buying signals and behavioral insights to efficiently convert prospects into customers. It provides solutions to Financial services, Life Sciences, Life sciences, Insurance, Technology, Associations, and Others. Geographically, the company derives maximum revenue from United States, and also has its presence in EMEA and Other Countries.
39GF Score
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