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ON24 Equity-to-Asset

: 0.72 (As of Mar. 2022)
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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. ON24's Total Stockholders Equity for the quarter that ended in Mar. 2022 was $332.5 Mil. ON24's Total Assets for the quarter that ended in Mar. 2022 was $462.1 Mil. Therefore, ON24's Equity to Asset Ratio for the quarter that ended in Mar. 2022 was 0.72.

The historical rank and industry rank for ON24's Equity-to-Asset or its related term are showing as below:

ONTF' s Equity-to-Asset Range Over the Past 10 Years
Min: -1.13   Med: 0.72   Max: 0.75
Current: 0.72

During the past 4 years, the highest Equity to Asset Ratio of ON24 was 0.75. The lowest was -1.13. And the median was 0.72.

ONTF's Equity-to-Asset is ranked better than
70.46% of 2712 companies
in the Software industry
Industry Median: 0.58 vs ONTF: 0.72

ON24 Equity-to-Asset Historical Data

The historical data trend for ON24's Equity-to-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.

ON24 Annual Data
Trend Dec18 Dec19 Dec20 Dec21
Equity-to-Asset
-1.13 -0.25 0.07 0.74

ON24 Quarterly Data
Dec18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
Equity-to-Asset Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.74 0.74 0.75 0.74 0.72

Competitive Comparison

For the Software - Application subindustry, ON24's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Equity-to-Asset Distribution

For the Software industry and Technology sector, ON24's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where ON24's Equity-to-Asset falls into.



ON24 Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

ON24's Equity to Asset Ratio for the fiscal year that ended in Dec. 2021 is calculated as

Equity to Asset (A: Dec. 2021 )=Total Stockholders Equity/Total Assets
=355.09/480.489
=0.74

ON24's Equity to Asset Ratio for the quarter that ended in Mar. 2022 is calculated as

Equity to Asset (Q: Mar. 2022 )=Total Stockholders Equity/Total Assets
=332.546/462.128
=0.72

* 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  (NYSE:ONTF) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


ON24 Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of ON24's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


ON24 Business Description

ON24 logo
Traded in Other Exchanges
N/A
Address
50 Beale Street, 8th Floor, San Francisco, CA, USA, 94105
ON24 Inc provides a cloud-based digital experience platform that enables businesses to convert customer engagement into revenue through interactive webinar experiences, virtual event experiences, and multimedia content experiences. The company derives revenue from subscription agreements with customers for accessing the platform and related services. Geographically, it derives a majority of revenue from the United States.
Executives
Arora Anil director C/O YODLEE, INC., 3600 BRIDGE PARKWAY 2ND FLOOR REDWOOD CITY CA 94065
Zingale Anthony director C/O SERVICEMAX, INC. 4450 ROSEWOOD DR., #200 PLEASANTON CA 94588
Presidio Management Group Vii L L C 10 percent owner 2735 SAND HILL ROAD MENLO PARK CA 94025
Federman Irwin director, 10 percent owner 2735 SAND HILL ROAD MENLO PARK CA 94025
Tansey Casey M 10 percent owner 2735 SAND HILL ROAD MENLO PARK CA 94025
Usvp Entrepreneur Partners Vii B L P 10 percent owner 2735 SAND HILL ROAD MENLO PARK CA 94025
Usvp Entrepreneur Partners Vii A L P 10 percent owner 2735 SAND HILL ROAD MENLO PARK CA 94025
2180 Associates Fund Vii L P 10 percent owner 2735 SAND HILL ROAD MENLO PARK CA 94025
Us Venture Partners Vii L P 10 percent owner 2735 SAND HILL ROAD MENLO PARK CA 94025
Goldman Sachs Group Inc 10 percent owner 200 WEST STREET NEW YORK NY 10282
Gssg Holdings Llc 10 percent owner 200 WEST STREET NEW YORK NY 10282
Special Situations Investing Group Ii, Llc 10 percent owner 200 WEST STREET NEW YORK NY 10282
Goldman Sachs & Co. Llc 10 percent owner 200 WEST STREET NEW YORK NY 10282
Rho Ventures Iii Holdings Llc 10 percent owner 152 W. 57TH STREET 23RD FLOOR NEW YORK NY 10019
Canaan Equity Aggregator Llc 10 percent owner 1624 MARKET STREET, SUITE 226 PMB 29471 DENVER CO 80202

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