ON24 Interest Coverage vs Free Cash Flow Yield Analysis

ONTF Stock

USD 5.90 0.15 2.48%

ON24 financial indicator trend analysis is much more than just breaking down ON24 Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ON24 Inc is a good investment. Please check the relationship between ON24 Interest Coverage and its Free Cash Flow Yield accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ON24 Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Interest Coverage vs Free Cash Flow Yield

Interest Coverage vs Free Cash Flow Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ON24 Inc Interest Coverage account and Free Cash Flow Yield. At this time, the significance of the direction appears to have very strong relationship.

The correlation between ON24's Interest Coverage and Free Cash Flow Yield is 0.87. Overlapping area represents the amount of variation of Interest Coverage that can explain the historical movement of Free Cash Flow Yield in the same time period over historical financial statements of ON24 Inc, assuming nothing else is changed. The correlation between historical values of ON24's Interest Coverage and Free Cash Flow Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Coverage of ON24 Inc are associated (or correlated) with its Free Cash Flow Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Yield has no effect on the direction of Interest Coverage i.e., ON24's Interest Coverage and Free Cash Flow Yield go up and down completely randomly.

Correlation Coefficient

0.87

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Interest Coverage

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

Most indicators from ON24's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ON24 Inc current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ON24 Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

The ON24's current Tax Provision is estimated to increase to about 1.4 M, while Selling General Administrative is projected to decrease to roughly 33.7 M.

	2021	2022	2023	2024 (projected)
Interest Expense	464K	181K	93K	88.4K
Depreciation And Amortization	4.6M	7.4M	5.4M	4.5M

Interest Expense Depreciation And Amortization

ON24 fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab
Total Assets		-0.83	0.93	0.9	0.99	-0.8	0.92	0.87	0.9	-0.85	-0.62	0.67	0.81	0.89	0.86	0.89	-0.87	0.99	0.88	0.88	0.88	0.95	-0.86	0.9	0.7	0.78
Short Long Term Debt Total	-0.83		-0.72	-0.62	-0.87	0.8	-0.96	-0.63	-0.62	0.73	0.8	-0.26	-0.65	-0.71	-0.69	-0.65	0.99	-0.86	-0.58	-0.96	-0.74	-0.85	0.99	-0.61	-0.77	-0.43
Other Current Liab	0.93	-0.72		0.99	0.89	-0.77	0.87	0.92	0.98	-0.8	-0.64	0.81	0.78	0.95	0.93	0.95	-0.77	0.9	0.98	0.84	0.89	0.84	-0.77	0.97	0.71	0.92
Total Current Liabilities	0.9	-0.62	0.99		0.85	-0.7	0.8	0.89	1.0	-0.81	-0.57	0.85	0.8	0.95	0.93	0.97	-0.68	0.86	1.0	0.77	0.89	0.78	-0.68	0.98	0.63	0.97
Total Stockholder Equity	0.99	-0.87	0.89	0.85		-0.81	0.93	0.84	0.84	-0.84	-0.62	0.6	0.79	0.85	0.82	0.85	-0.9	1.0	0.82	0.89	0.85	0.97	-0.89	0.85	0.7	0.7
Other Liab	-0.8	0.8	-0.77	-0.7	-0.81		-0.88	-0.81	-0.68	0.48	0.87	-0.47	-0.4	-0.87	-0.83	-0.78	0.87	-0.79	-0.69	-0.9	-0.73	-0.86	0.87	-0.6	-0.94	-0.54
Net Tangible Assets	0.92	-0.96	0.87	0.8	0.93	-0.88		0.79	0.79	-0.77	-0.85	0.48	0.7	0.87	0.85	0.82	-0.98	0.92	0.77	1.0	0.87	0.9	-0.98	0.76	0.85	0.64
Property Plant And Equipment Net	0.87	-0.63	0.92	0.89	0.84	-0.81	0.79		0.87	-0.56	-0.63	0.87	0.52	0.87	0.8	0.83	-0.73	0.84	0.88	0.77	0.82	0.88	-0.71	0.84	0.8	0.82
Current Deferred Revenue	0.9	-0.62	0.98	1.0	0.84	-0.68	0.79	0.87		-0.82	-0.56	0.83	0.82	0.94	0.93	0.97	-0.67	0.85	1.0	0.76	0.88	0.76	-0.67	0.98	0.6	0.97
Net Debt	-0.85	0.73	-0.8	-0.81	-0.84	0.48	-0.77	-0.56	-0.82		0.4	-0.46	-0.99	-0.74	-0.76	-0.79	0.7	-0.85	-0.78	-0.72	-0.75	-0.68	0.71	-0.87	-0.34	-0.72
Retained Earnings	-0.62	0.8	-0.64	-0.57	-0.62	0.87	-0.85	-0.63	-0.56	0.4		-0.32	-0.32	-0.74	-0.72	-0.64	0.83	-0.6	-0.56	-0.9	-0.73	-0.65	0.85	-0.46	-0.94	-0.45
Accounts Payable	0.67	-0.26	0.81	0.85	0.6	-0.47	0.48	0.87	0.83	-0.46	-0.32		0.47	0.71	0.66	0.74	-0.37	0.61	0.86	0.46	0.73	0.6	-0.35	0.83	0.49	0.9
Cash	0.81	-0.65	0.78	0.8	0.79	-0.4	0.7	0.52	0.82	-0.99	-0.32	0.47		0.7	0.74	0.78	-0.62	0.8	0.77	0.65	0.73	0.62	-0.63	0.87	0.26	0.74
Non Current Assets Total	0.89	-0.71	0.95	0.95	0.85	-0.87	0.87	0.87	0.94	-0.74	-0.74	0.71	0.7		0.99	0.99	-0.77	0.85	0.95	0.86	0.87	0.81	-0.77	0.88	0.77	0.87
Non Currrent Assets Other	0.86	-0.69	0.93	0.93	0.82	-0.83	0.85	0.8	0.93	-0.76	-0.72	0.66	0.74	0.99		0.99	-0.74	0.82	0.93	0.84	0.86	0.75	-0.75	0.87	0.72	0.86
Other Assets	0.89	-0.65	0.95	0.97	0.85	-0.78	0.82	0.83	0.97	-0.79	-0.64	0.74	0.78	0.99	0.99		-0.7	0.84	0.97	0.8	0.88	0.77	-0.71	0.92	0.66	0.91
Long Term Debt	-0.87	0.99	-0.77	-0.68	-0.9	0.87	-0.98	-0.73	-0.67	0.7	0.83	-0.37	-0.62	-0.77	-0.74	-0.7		-0.89	-0.65	-0.98	-0.78	-0.9	1.0	-0.65	-0.85	-0.49
Cash And Short Term Investments	0.99	-0.86	0.9	0.86	1.0	-0.79	0.92	0.84	0.85	-0.85	-0.6	0.61	0.8	0.85	0.82	0.84	-0.89		0.82	0.88	0.85	0.96	-0.88	0.86	0.68	0.71
Net Receivables	0.88	-0.58	0.98	1.0	0.82	-0.69	0.77	0.88	1.0	-0.78	-0.56	0.86	0.77	0.95	0.93	0.97	-0.65	0.82		0.75	0.88	0.75	-0.65	0.97	0.62	0.98
Common Stock Total Equity	0.88	-0.96	0.84	0.77	0.89	-0.9	1.0	0.77	0.76	-0.72	-0.9	0.46	0.65	0.86	0.84	0.8	-0.98	0.88	0.75		0.86	0.87	-0.98	0.72	0.88	0.61
Common Stock Shares Outstanding	0.88	-0.74	0.89	0.89	0.85	-0.73	0.87	0.82	0.88	-0.75	-0.73	0.73	0.73	0.87	0.86	0.88	-0.78	0.85	0.88	0.86		0.8	-0.79	0.85	0.74	0.83
Short Term Investments	0.95	-0.85	0.84	0.78	0.97	-0.86	0.9	0.88	0.76	-0.68	-0.65	0.6	0.62	0.81	0.75	0.77	-0.9	0.96	0.75	0.87	0.8		-0.88	0.76	0.79	0.61
Non Current Liabilities Total	-0.86	0.99	-0.77	-0.68	-0.89	0.87	-0.98	-0.71	-0.67	0.71	0.85	-0.35	-0.63	-0.77	-0.75	-0.71	1.0	-0.88	-0.65	-0.98	-0.79	-0.88		-0.65	-0.85	-0.5
Other Current Assets	0.9	-0.61	0.97	0.98	0.85	-0.6	0.76	0.84	0.98	-0.87	-0.46	0.83	0.87	0.88	0.87	0.92	-0.65	0.86	0.97	0.72	0.85	0.76	-0.65		0.51	0.95
Other Stockholder Equity	0.7	-0.77	0.71	0.63	0.7	-0.94	0.85	0.8	0.6	-0.34	-0.94	0.49	0.26	0.77	0.72	0.66	-0.85	0.68	0.62	0.88	0.74	0.79	-0.85	0.51		0.5
Total Liab	0.78	-0.43	0.92	0.97	0.7	-0.54	0.64	0.82	0.97	-0.72	-0.45	0.9	0.74	0.87	0.86	0.91	-0.49	0.71	0.98	0.61	0.83	0.61	-0.5	0.95	0.5

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ON24 Account Relationship Matchups

ON24 fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	68.5M	156.7M	480.5M	425.5M	280.3M	265.1M
Short Long Term Debt Total	24.1M	28.1M	4.0M	9.3M	5.4M	5.1M
Other Current Liab	11.4M	17.4M	18.7M	18.5M	16.9M	17.3M
Total Current Liabilities	58.9M	116.8M	120.1M	110.7M	96.1M	101.3M
Total Stockholder Equity	(17.4M)	10.2M	355.1M	308.0M	180.2M	146.1M
Other Liab	3.9M	4.0M	3.3M	1.7M	1.5M	2.7M
Net Tangible Assets	(171.2M)	(143.7M)	355.1M	306.0M	351.9M	369.5M
Property Plant And Equipment Net	5.4M	9.1M	8.8M	12.8M	8.4M	9.2M
Current Deferred Revenue	44.4M	92.2M	96.2M	83.5M	74.4M	78.1M
Net Debt	5.2M	(30.2M)	(161.0M)	(17.7M)	(47.8M)	(50.2M)
Retained Earnings	(192.0M)	(171.3M)	(195.5M)	(253.7M)	(305.5M)	(320.8M)
Accounts Payable	2.1M	4.7M	3.1M	4.6M	1.9M	3.4M
Cash	18.8M	58.2M	164.9M	27.0M	53.2M	60.4M
Non Current Assets Total	14.3M	29.3M	31.4M	34.2M	38.9M	28.2M
Non Currrent Assets Other	8.8M	20.1M	22.6M	19.4M	29.3M	18.4M
Other Assets	8.9M	20.2M	22.6M	19.4M	22.3M	15.7M
Cash And Short Term Investments	23.8M	61.2M	382.6M	328.1M	198.7M	184.0M
Net Receivables	22.6M	48.6M	46.1M	43.8M	37.9M	39.8M
Short Term Investments	5M	3M	217.6M	301.1M	145.5M	123.6M
Liabilities And Stockholders Equity	68.5M	156.7M	480.5M	425.5M	280.3M	265.1M
Non Current Liabilities Total	27.0M	29.7M	5.3M	6.8M	4M	3.8M
Other Current Assets	2.2M	7.1M	8.5M	6.3M	4.7M	5.7M
Other Stockholder Equity	20.8M	27.5M	70.4M	562.6M	485.3M	509.6M
Total Liab	85.9M	146.5M	125.4M	117.5M	100.1M	119.0M
Net Invested Capital	(147.1M)	(115.6M)	359.1M	308.0M	180.2M	189.2M
Property Plant And Equipment Gross	5.4M	9.1M	33.1M	12.8M	41.1M	43.1M
Total Current Assets	54.2M	127.5M	449.1M	391.3M	241.4M	236.9M
Accumulated Other Comprehensive Income	(2K)	94K	(235K)	(872K)	435K	456.8K
Non Current Liabilities Other	323K	4.0M	3.3M	6.8M	1.5M	3.0M
Net Working Capital	(4.7M)	10.7M	328.9M	280.6M	157.7M	138.0M
Short Term Debt	1.0M	2.4M	2.0M	4.2M	2.9M	2.5M
Property Plant Equipment	5.4M	9.1M	8.8M	12.8M	14.7M	9.2M

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When determining whether ON24 Inc is a strong investment it is important to analyze ON24's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ON24's future performance. For an informed investment choice regarding ON24 Stock, refer to the following important reports:

How To Invest In ON24

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Is ON24 Stock a good investment?

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What is ON24's Net Worth?

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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ON24 Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ON24. If investors know ON24 will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ON24 listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Earnings Share

(1.04)

Revenue Per Share

3.642

Quarterly Revenue Growth

(0.11)

Return On Assets

(0.10)

Return On Equity

(0.22)

The market value of ON24 Inc is measured differently than its book value, which is the value of ON24 that is recorded on the company's balance sheet. Investors also form their own opinion of ON24's value that differs from its market value or its book value, called intrinsic value, which is ON24's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ON24's market value can be influenced by many factors that don't directly affect ON24's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between ON24's value and its price as these two are different measures arrived at by different means. Investors typically determine if ON24 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ON24's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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ON24 Interest Coverage vs Free Cash Flow Yield Analysis

Interest Coverage vs Free Cash Flow Yield

Interest Coverage vs Free Cash Flow Yield Correlation Analysis

Correlation Coefficient

Interest Coverage

Free Cash Flow Yield

ON24 fundamental ratios Correlations

ON24 Account Relationship Matchups

High Positive Relationship

High Negative Relationship

ON24 fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Current Deferred Revenue	+ 1.0	Total Current Liabilities
Net Receivables	+ 1.0	Total Current Liabilities
Cash And Short Term Investments	+ 1.0	Total Stockholder Equity
Common Stock Total Equity	+ 1.0	Net Tangible Assets
Net Receivables	+ 1.0	Current Deferred Revenue
Non Current Liabilities Total	+ 1.0	Long Term Debt

Cash	- 0.99	Net Debt
Non Current Liabilities Total	- 0.98	Common Stock Total Equity
Common Stock Total Equity	- 0.98	Long Term Debt
Non Current Liabilities Total	- 0.98	Net Tangible Assets
Long Term Debt	- 0.98	Net Tangible Assets
Common Stock Total Equity	- 0.96	Short Long Term Debt Total