ON24 (ONTF) Debt-to-Equity : 0.03 (As of Dec. 2023)

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What is ON24 Debt-to-Equity?

ON24's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $2.9 Mil. ON24's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $2.5 Mil. ON24's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $180.2 Mil. ON24's debt to equity for the quarter that ended in Dec. 2023 was 0.03.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

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

ONTF' s Debt-to-Equity Range Over the Past 10 Years
Min: -1.39 Med: 0.02 Max: 2.75
Current: 0.03

During the past 6 years, the highest Debt-to-Equity Ratio of ON24 was 2.75. The lowest was -1.39. And the median was 0.02.

ONTF's Debt-to-Equity is ranked better than
86.54% of 2221 companies
in the Software industry
Industry Median: 0.21 vs ONTF: 0.03

ON24 Debt-to-Equity Historical Data

The historical data trend for ON24's Debt-to-Equity 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 Debt-to-Equity Chart

ON24 Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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-1.39

2.75

0.01

0.03

ON24 Quarterly Data
	Dec18	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial														0.03	0.03	0.03	0.03	0.03

Competitive Comparison of ON24's Debt-to-Equity

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

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

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

ON24 Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

ON24's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(2.906	+	2.483)	/	180.217
	=	0.03

ON24's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(2.906	+	2.483)	/	180.217
	=	0.03

ON24 (NYSE:ONTF) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

ON24 Debt-to-Equity Related Terms

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

ON24 (ONTF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » ON24 Inc (NYSE:ONTF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

50 Beale Street, 8th Floor, San Francisco, CA, USA, 94105

Website

https://www.on24.com

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

Sharat Sharan	director, 10 percent owner, officer: President and Chief Executive	3221 LA MESA DRIVE, SAN CARLOS CA 94070
Jayesh Sahasi	officer: EV President, Product and CTO	934 LUNDY LN, LOS ALTOS CA 94024
Dominique Trempont	director	5 RANDALL PLACE, MENLO PARK CA 94025
Steven Vattuone	officer: Chief Financial Officer	139 TOWNSEND ST, SAN FRANCISCO CA 94107
James Blackie	officer: Chief Revenue Officer	930 N WETHERLY DR #304, WEST HOLLYWOOD CA 90069
Teresa Anania	director	C/O ON24, INC., 50 BEALE STREET, 8TH FLOOR, SAN FRANCISCO CA 94015
Ronald Paul Mitchell	director	110 W. KINZIE STREET, 5TH FL, CHICAGO IL 60654
Lynrock Lake Partners Llc	10 percent owner	2 INTERNATIONAL DRIVE, SUITE 130, RYE BROOK NY 10573
Lynrock Lake Lp	10 percent owner	2 INTERNATIONAL DRIVE, SUITE 130, RYE BROOK NY 10573
Cynthia Paul	10 percent owner	C/O DSP GROUP, INC., 5 SHENKAR STREET, HERZELIA L3 4672505
Anil Arora	director	C/O YODLEE, INC., 3600 BRIDGE PARKWAY, 2ND FLOOR, REDWOOD CITY CA 94065
Anthony Zingale	director	C/O SERVICEMAX, INC., 4450 ROSEWOOD DR., #200, PLEASANTON CA 94588
Goldman Sachs Group Inc	10 percent owner	200 WEST STREET, NEW YORK NY 10282
Irwin Federman	director, 10 percent owner	2735 SAND HILL ROAD, MENLO PARK CA 94025
Barry Zwarenstein	director	C/O IOMEGA CORP, 4435 EASTGATE MALL 3RD FLOOR, SAN DIEGO CA 92121