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Onto Innovation Inc. (ONTO) Quick Ratio (Acid-Test): 4.43

Is Onto Innovation Inc.’s quick ratio (acid-test) high or low?

Onto Innovation Inc.'s quick ratio (acid-test) of 4.43 is 19% below its 4-year average of 5.50, near the low end of its 4-year range (4.43–7.00).

As of Saturday, June 20, 2026.

ONTO Quick Ratio (Acid-Test) Chart

ONTO Quick Ratio (Acid-Test)
4.43-36.71% 1Y
Zoom

ONTO Average Quick Ratio (Acid-Test) Chart

ONTO Current vs Average Quick Ratio (Acid-Test) Chart

ONTO Quick Ratio (Acid-Test) Metrics

QUICK RATIO (ACID-TEST)

4.43

QUICK RATIO (ACID-TEST) AVG TTM

N/A

QUICK RATIO (ACID-TEST) AVG 3Y

5.97

QUICK RATIO (ACID-TEST) AVG 5Y

5.50

QUICK RATIO (ACID-TEST) AVG 10Y

5.46

QUICK RATIO (ACID-TEST) AVG 15Y

5.84

QUICK RATIO (ACID-TEST) AVG 20Y

5.71

CURRENT VS TTM AVG

N/A

CURRENT VS 3Y AVG

-25.75%

CURRENT VS 5Y AVG

-19.48%

CURRENT VS 10Y AVG

-18.85%

CURRENT VS 15Y AVG

-24.10%

CURRENT VS 20Y AVG

-22.39%

ONTO Competitors' Quick Ratio (Acid-Test)

NAMEMARKET CAPQUICK RATIO (ACID-TEST)TTM3Y5Y
Onto Innovation Inc. (ONTO)$16.60B4.43N/A5.975.50
Broadridge Financial Solutions, Inc. (BR)vs ›$15.91B0.981.020.910.93
Rambus Inc. (RMBS)vs ›$15.27B7.847.876.606.15
Akamai Technologies, Inc. (AKAM)vs ›$18.16B2.291.762.022.18
Okta, Inc. (OKTA)vs ›$19.57B1.361.351.651.81
Leidos Holdings, Inc. (LDOS)vs ›$13.47B1.581.351.321.17
Fidelity National Information Services, Inc. (FIS)vs ›$19.75B0.590.720.740.75
Juniper Networks, Inc. (JNPR)vs ›$13.36B1.141.251.341.47
Applied Digital Corporation (APLD)vs ›$13.31B0.770.750.821.60
PTC Inc. (PTC)vs ›$13.25B1.120.951.001.10

Liquidity Comparison

Quick Ratio

4.43

Excludes inventory

Current Ratio

5.79

Includes inventory

Onto Innovation Inc. Quick Ratio (Acid-Test) Formula & Definition

Quick Ratio = (Current Assets − Inventory) / Current Liabilities

The quick ratio is a stricter liquidity measure that excludes inventory, showing the ability to meet short-term obligations with the most liquid assets.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Onto Innovation Inc. Quick Ratio (Acid-Test) FAQ

What is the quick ratio (acid-test) for Onto Innovation Inc. (ONTO)?
The quick ratio (acid-test) for ONTO stock is 4.43.
Is Onto Innovation Inc.'s quick ratio (acid-test) high or low?
Onto Innovation Inc.'s quick ratio (acid-test) of 4.43 is 19% below its 4-year average of 5.50, near the low end of its 4-year range (4.43–7.00).
What is the 3Y average quick ratio (acid-test) for Onto Innovation Inc. (ONTO)?
The 3Y average quick ratio (acid-test) for ONTO stock is 5.97.
What is the 5Y average quick ratio (acid-test) for Onto Innovation Inc. (ONTO)?
The 5Y average quick ratio (acid-test) for ONTO stock is 5.50.
What is the 10Y average quick ratio (acid-test) for Onto Innovation Inc. (ONTO)?
The 10Y average quick ratio (acid-test) for ONTO stock is 5.46.
What is the 15Y average quick ratio (acid-test) for Onto Innovation Inc. (ONTO)?
The 15Y average quick ratio (acid-test) for ONTO stock is 5.84.
What is the 20Y average quick ratio (acid-test) for Onto Innovation Inc. (ONTO)?
The 20Y average quick ratio (acid-test) for ONTO stock is 5.71.

Onto Innovation Inc. Quick Ratio (Acid-Test) History

DATEQUICK RATIO (ACID-TEST)
2026-01-034.43
2024-12-287.00
2023-12-306.47
2022-12-315.05
2022-01-014.56
2020-12-264.50
2019-12-315.43
2018-12-315.65
2017-12-316.02
2016-12-315.48
2015-12-312.26
2014-12-316.33
2013-12-317.16
2012-12-316.23
2011-12-317.40
2010-12-315.01
2009-12-315.14
2008-12-316.75
2007-12-314.85
2006-12-314.99
2005-12-317.47
2004-12-316.94
2003-12-318.01
2002-12-315.23
2001-12-3119.76
2000-12-314.10
1999-12-316.18
1998-12-310.34
1997-12-315.24
1996-12-314.89

About Onto Innovation Inc.

Onto Innovation Inc. is a global leader in designing, manufacturing, and supporting cutting-edge process control solutions. The company's diverse portfolio encompasses tools for macro defect inspection, 2D/3D optical metrology, and lithography systems, alongside sophisticated analytical software for process control. These offerings are crucial for optimizing manufacturing processes, enhancing yield, and facilitating device packaging and testing in various industries worldwide. Their solutions are delivered both as standalone systems for specialized functions—such as detecting large flaws, performing packaging lithography, evaluating probe cards, and measuring transparent and opaque thin films—and through an extensive suite of process control software. This software scales from individual tool management to enterprise-wide factory integration. Beyond hardware and software, Onto Innovation also provides essential spare parts and software licensing services. Their technology is vital to a broad spectrum of clients, including manufacturers of semiconductors, advanced packaging, silicon wafers, LEDs, VCSELs, MEMS, CMOS image sensors, power devices, RF filters, and data storage products, as well as those in various industrial and scientific fields. Originally established in 1940 as Rudolph Technologies, Inc., Onto Innovation Inc. maintains its headquarters in Wilmington, Massachusetts.

Wilmington, MA
1,551 employees
Technology / Semiconductors
Sector
Technology
Industry
Semiconductors
CEO
Michael Plisinski