Onto Innovation Inc
Onto Innovation Inc. engages in the design, development, manufacture, and support of process control tools that performs optical metrology and inspection worldwide. The company offers lithography systems and process control analytical software. It also provides process and yield management solutions, and device packaging and test facilities through standalone systems for optical metrology, macro-… Read more
Onto Innovation Inc (ONTO) - Total Assets
Latest total assets as of September 2025: $2.19 Billion USD
Based on the latest financial reports, Onto Innovation Inc (ONTO) holds total assets worth $2.19 Billion USD as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Onto Innovation Inc - Total Assets Trend (1995–2024)
This chart illustrates how Onto Innovation Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Onto Innovation Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Onto Innovation Inc's total assets of $2.19 Billion consist of 69.8% current assets and 30.2% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 10.1% |
| Accounts Receivable | $308.14 Million | 14.6% |
| Inventory | $286.98 Million | 13.6% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $127.46 Million | 6.0% |
| Goodwill | $329.98 Million | 15.6% |
Asset Composition Trend (1995–2024)
This chart illustrates how Onto Innovation Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Onto Innovation Inc's current assets represent 69.8% of total assets in 2024, a decrease from 87.7% in 1995.
- Cash Position: Cash and equivalents constituted 10.1% of total assets in 2024, down from 14.3% in 1995.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 21.0% of total assets, an increase from 0.0% in 1995.
- Asset Diversification: The largest asset category is goodwill at 15.6% of total assets.
Onto Innovation Inc Competitors by Total Assets
Key competitors of Onto Innovation Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Ferrotec (Anhui) Technology Development Co. Ltd. A
SHE:301297
|
China | CN¥1.93 Billion |
|
TCL Corp
SHE:000100
|
China | CN¥381.65 Billion |
|
Inner Mongolia Ojing Science & Technology Co. Ltd. A
SHE:001269
|
China | CN¥2.08 Billion |
|
TCL Zhonghuan Renewable Energy Technology Co Ltd
SHE:002129
|
China | CN¥123.12 Billion |
|
TongFu Microelectronics Co Ltd
SHE:002156
|
China | CN¥45.47 Billion |
|
Tianshui Huatian Technology Co Ltd
SHE:002185
|
China | CN¥42.96 Billion |
|
NAURA Technology Group Co Ltd
SHE:002371
|
China | CN¥85.89 Billion |
|
Jiangsu Yoke Technology Co Ltd
SHE:002409
|
China | CN¥16.31 Billion |
Onto Innovation Inc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Moderate asset utilization - Onto Innovation Inc generates 0.47x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, Onto Innovation Inc generates $9.53 in net profit.
Onto Innovation Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 9.49 | 10.07 | 6.09 |
| Quick Ratio | 7.89 | 7.94 | 4.50 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $1.38 Billion | $ 1.31 Billion | $ 611.57 Million |
Onto Innovation Inc - Advanced Valuation Insights
This section examines the relationship between Onto Innovation Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 5.39 |
| Latest Market Cap to Assets Ratio | 4.52 |
| Asset Growth Rate (YoY) | 10.9% |
| Total Assets | $2.12 Billion |
| Market Capitalization | $9.58 Billion USD |
Valuation Analysis
Premium Asset Valuation: The market values Onto Innovation Inc's assets at a significant premium ( 4.52x), suggesting investors see substantial growth potential or unique competitive advantages.
Rapid Asset Growth: Onto Innovation Inc's assets grew by 10.9% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Onto Innovation Inc (1995–2024)
The table below shows the annual total assets of Onto Innovation Inc from 1995 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $2.12 Billion | +10.86% |
| 2023-12-31 | $1.91 Billion | +6.40% |
| 2022-12-31 | $1.79 Billion | +8.79% |
| 2021-12-31 | $1.65 Billion | +12.37% |
| 2020-12-31 | $1.47 Billion | +1.35% |
| 2019-12-31 | $1.45 Billion | +246.52% |
| 2018-12-31 | $418.04 Million | +8.32% |
| 2017-12-31 | $385.92 Million | +13.94% |
| 2016-12-31 | $338.70 Million | -10.83% |
| 2015-12-31 | $379.82 Million | +3.60% |
| 2014-12-31 | $366.64 Million | -1.27% |
| 2013-12-31 | $371.36 Million | +1.36% |
| 2012-12-31 | $366.38 Million | +19.77% |
| 2011-12-31 | $305.91 Million | +39.65% |
| 2010-12-31 | $219.05 Million | +22.92% |
| 2009-12-31 | $178.20 Million | -9.74% |
| 2008-12-31 | $197.43 Million | -57.10% |
| 2007-12-31 | $460.22 Million | +4.48% |
| 2006-12-31 | $440.49 Million | +144.71% |
| 2005-12-31 | $180.00 Million | +5.09% |
| 2004-12-31 | $171.28 Million | +6.80% |
| 2003-12-31 | $160.37 Million | -0.98% |
| 2002-12-31 | $161.96 Million | +9.58% |
| 2001-12-31 | $147.80 Million | +49.97% |
| 2000-12-31 | $98.55 Million | +51.86% |
| 1999-12-31 | $64.90 Million | +207.58% |
| 1998-12-31 | $21.10 Million | -41.71% |
| 1997-12-31 | $36.20 Million | +20.67% |
| 1996-12-31 | $30.00 Million | +19.05% |
| 1995-12-31 | $25.20 Million | -- |