The company's financial position appears increasingly vulnerable, characterized by a current ratio of 0.20 and a debt-to-equity ratio of 2.06 as of 2026Q1.
| Total Current Assets | 1.53T | 2.92T | 1.44M | 1.28M | 7.16M | 1.98M | 632.88K | 7.22K |
| Cash & Short-Term Investments | 841.8B | 476.87K | 476.87K | 982.26K | 6.7M | 1.71M | 521.71K | 7.22K |
| Cash Only | 841.8B | 476.87K | 476.87K | 982.26K | 6.7M | 1.71M | 521.71K | 7.22K |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 418.42K | 476.58K | 755.8K | 90.07K | 137.6K | 14.62K | 53.9K | 0 |
| Days Sales Outstanding | 20.07 | 16.21 | 35.09 | 6.27 | 22.63 | 2.95 | 26.19 | - |
| Inventory | 37.39B | 44.8B | 65.88K | 92.64K | 105.13K | 98.4K | 39.59K | 0 |
| Days Inventory Outstanding | 1.73M | 1000K | 7.25 | 16.93 | 37.57 | 33.46 | 106.12 | - |
| Other Current Assets | 654.07B | 703.8B | 138.01K | 111.1K | 212.18K | 0 | 0 | 0 |
| Total Non-Current Assets | 7.46T | 8.44T | 8.16M | 3.85M | 8.62M | 1.86M | 1.1M | 260.94K |
| Property, Plant & Equipment | 3B | 3.42B | 5.13K | 0 | 0 | 0 | 0 | 0 |
| Fixed Asset Turnover | 0.01x | 0.00x | 1531.08x | - | - | - | - | - |
| Goodwill | 4.2T | 4.2T | 4.21M | 1.6M | 4.21M | 0 | 0 | 0 |
| Intangible Assets | 1.48T | 1.68T | 3.32M | 1.68M | 3.86M | 1.39M | 679.26K | 260.94K |
| Long-Term Investments | 1.02M | 188.01K | 481.24K | 427.05K | 434.33K | 417.78K | 381.5K | 0 |
| Other Non-Current Assets | 1.77T | 2.55T | 136K | 150.97K | 111.72K | 51.09K | 41.57K | 0 |
| Total Assets | 8.99T | 11.36T | 9.59M | 5.13M | 15.78M | 3.84M | 1.74M | 268.16K |
| Asset Turnover | 0.00x | 0.00x | 0.82x | 1.02x | 0.14x | 0.47x | 0.43x | 0.64x |
| Asset Growth % | 195175745.83% | 99999900% | 87.13% | -67.51% | 310.8% | 121.31% | 547.08% | - |
| Total Current Liabilities | 7.58T | 6.7T | 4.19M | 789.12K | 3.3M | 311.46K | 331.14K | 3.89K |
| Accounts Payable | 1.17M | 1.07M | 969.07K | 493.82K | 550.45K | 222.54K | 36.89K | 0 |
| Days Payables Outstanding | 93.11 | 90.57 | 106.63 | 90.25 | 196.71 | 75.67 | 98.89 | - |
| Short-Term Debt | 2.31T | 1.39T | 1.55M | 17.32K | 2.53M | 45.84K | 208.49K | 0 |
| Deferred Revenue (Current) | 697.18B | 497.11B | 589.91K | 149.97K | 113.25K | 32K | 0 | 0 |
| Other Current Liabilities | 5.07T | 4.82T | 981.59K | 60K | 60K | 11.08K | 45.64K | 475 |
| Current Ratio | 0.20x | 0.44x | 0.34x | 1.62x | 2.17x | 6.37x | 1.91x | 1.85x |
| Quick Ratio | 0.20x | 0.43x | 0.33x | 1.50x | 2.13x | 6.05x | 1.79x | 1.85x |
| Cash Conversion Cycle | 1.73M | 1000K | -64.29 | -67.05 | -136.52 | -39.26 | 33.42 | - |
| Total Non-Current Liabilities | 193.47B | 756.41B | 1.05M | 0 | 0 | 155K | 216.31K | 0 |
| Long-Term Debt | 193.47B | 756.41B | 1.05M | 0 | 0 | 0 | 215K | 0 |
| Capital Lease Obligations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0 | 0 | 0 | 0 | 0 | 155K | 1.31K | 0 |
| Total Liabilities | 7.77T | 7.46T | 5.24M | 789.12K | 3.3M | 466.46K | 547.46K | 3.89K |
| Total Debt | 2.51T | 2.6M | 2.6M | 17.32K | 2.53M | 45.84K | 423.49K | 0 |
| Net Debt | 1.67T | 2.12M | 2.12M | -964.94K | -4.18M | -1.66M | -98.22K | -7.22K |
| Debt / Equity | 2.06x | 0.00x | 0.60x | 0.00x | 0.20x | 0.01x | 0.36x | - |
| Debt / EBITDA | -1986503.64x | - | - | - | - | 45837.00x | - | - |
| Net Debt / EBITDA | -1319722.39x | - | - | - | - | -999999.00x | - | - |
| Interest Coverage | -1.80x | - | -20.87x | - | - | -199.11x | - | - |
| Total Equity | 1.22T | 3.91T | 4.35M | 4.34M | 12.47M | 3.37M | 1.19M | 264.27K |
| Equity Growth % | 114141391.81% | 89780215.58% | 0.29% | -65.23% | 269.68% | 184.05% | 349.45% | - |
| Book Value per Share | 207505.20 | 742427.57 | 0.85 | 0.85 | 2.44 | 0.66 | 0.23 | 0.05 |
| Total Shareholders' Equity | -142.86B | 2.48T | 3.31M | 4.34M | 12.47M | 3.37M | 1.19M | 264.27K |
| Common Stock | 5.86B | 5.86B | 5.13K | 5.11K | 5.11K | 2.35K | 9.6K | 0 |
| Retained Earnings | -24.79T | -22.14T | -19.08M | -16.96M | -7.58M | -3.15M | -1.14M | 3.33K |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 101.31B | 91.11B | 68.11K | 182.47K | 96.97K | 0 | 0 | 0 |
| Minority Interest | 1.36T | 1.42T | 1.04M | 0 | 0 | 0 | 0 | 0 |
Liquidity-constrained acquisition model
As reported in recent financial filings, Onfolio's cash position has dwindled to $476,874 as of 2024Q4, representing a significant contraction from prior periods and leaving the company with a current ratio of 0.34, which suggests a precarious buffer against ongoing operating losses and acquisition-related cash requirements.
The current ratio of 0.34 indicates that current liabilities significantly outweigh liquid assets, creating a structural liquidity mismatch. Investors should monitor whether this thin cash cushion necessitates dilutive equity financing to sustain the company's acquisition-heavy business model.
Based on the company's reported figures, goodwill has grown to $4.2 million as of 2024Q4, accounting for a substantial portion of total assets and suggesting that the balance sheet is heavily reliant on the successful integration and performance of previously acquired digital content and e-commerce assets.
The high concentration of intangible assets relative to total assets implies that the company's book value is sensitive to impairment risks if acquired sites fail to meet performance expectations. This reliance on goodwill warrants further investigation into the underlying valuation methodologies used for these acquisitions.
According to financial statements, Onfolio's retained earnings have remained consistently negative, reaching -$19.1 million in 2024Q4, which indicates that the company has yet to achieve the scale necessary to offset historical losses and build a sustainable equity foundation for long-term shareholders.
The persistent negative retained earnings reflect the ongoing challenge of balancing aggressive growth with operational profitability. This trend suggests that the equity base is being eroded by recurring losses, which may limit the company's financial flexibility in future capital allocation decisions.
As indicated by the quarterly data, the company's balance sheet trajectory appears to be weakening, with total liabilities rising to $5.2 million in 2024Q4 while cash reserves remain insufficient to cover the mounting operational overhead associated with the firm's rapid acquisition-led growth strategy.
The divergence between asset growth and liquidity health suggests that the company is prioritizing expansion over balance sheet stability. This trajectory may indicate that the current business model is not yet self-funding, potentially leading to increased financial strain if acquisition multiples or traffic performance deteriorate.
Quick answers to the most common questions about buying ONFO stock.
As of 2025, Onfolio Holdings, Inc. (ONFO) had total assets of $11.36T including $2.92T in current assets.
Onfolio Holdings, Inc. (ONFO) carries total debt of $2.6M, offset by $0.5M in cash and short-term investments. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
Onfolio Holdings, Inc. (ONFO) has total shareholders' equity (book value) of $2.48T ($742427.57 book value per share). Book value represents the net worth of the company belonging to common stock holders.
Onfolio Holdings, Inc. (ONFO) reported a current ratio of 0.44x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.