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ONTO · CIK 0000704532 · FY2024 live · 2025-12-31

ONTO INNOVATION INC.

SafeSEC 10-KClassic ZIndustrials97th percentile in Industrials · 430 names

View as

Model

Classic Z

FY2024

6.30

Zone

Safe

Prior

—

Market DD

—

1y PD

—

6.30

Z″ 12.57

−21.83.08+

Score 6.30 · distress below 1.80, grey to 2.99, safe at 3.00 and above.

Classic Z factor contributions

  • X1 Working capital / assets

    Short-term liquidity versus the size of the balance sheet.

    0.44
    1.2 × = 0.53

  • X2 Retained earnings / assets

    Cushion from years of profits. Share buybacks can push this negative at otherwise healthy firms.

    0.31
    1.4 × = 0.44

  • X3 EBIT / assets

    Operating return on assets. Highest weight in the original model.

    0.06
    3.3 × = 0.19

  • X4 Book equity / liabilities

    Book equity versus the liability stack. Mega-caps often look greyer here than they would if X4 used market cap.

    7.86
    0.6 × = 4.72

  • X5 Sales / assets

    Asset turnover — how much revenue the asset base supports.

    0.42
    1 × = 0.42

Five-year path

Need two annual 10-Ks to draw a path. The desk will pull this issuer’s filings rather than invent a series.

Overview

rule-v1

ONTO INNOVATION INC. is on classic Z at 6.30 (safe) for FY2024, from an SEC 10-K. Book equity / liabilities is the line that sets the print. This is the first live year on the desk. No market tape loaded. Classic Z was fit on manufacturers; buybacks can send retained earnings negative at otherwise healthy issuers, and X4 is book equity, not market cap.

Book screen Safe; market PD —. Tape not priced — not a single default call.

Market DD · naive Merton

No market tape yet.

Pull a year of closes (Yahoo, Nasdaq if Yahoo is limited) and size equity from Nasdaq cap or EDGAR shares. Distance-to-default and 1-year PD stay blank until then.

Sector peers

Closest Classic Z scores · 97th percentile in Industrials.

KPI widgets

Current assets

$1.3B

Total assets

$2.4B

Current liabilities

$219M

Total liabilities

$267M

Working capital

$1.0B

Retained earnings

$744M

EBIT

$133M

Total sales

$1.0B

Book equity

$2.1B

Accession 0001193125-26-066937. Live rank is the latest 10-K on EDGAR (FY2024, period 2025-12-31). Classic Z is the live score. View as does not rewrite the live rank. X4 is book equity. Pulled 12 Sept 2026.