ON Semiconductor Balance Sheet Health
Financial Health criteria checks 6/6
ON Semiconductor has a total shareholder equity of $8.1B and total debt of $3.3B, which brings its debt-to-equity ratio to 41%. Its total assets and total liabilities are $13.5B and $5.3B respectively. ON Semiconductor's EBIT is $2.5B making its interest coverage ratio -63.6. It has cash and short-term investments of $2.6B.
Key information
41.0%
Debt to equity ratio
US$3.34b
Debt
| Interest coverage ratio | -63.6x |
| Cash | US$2.61b |
| Equity | US$8.14b |
| Total liabilities | US$5.34b |
| Total assets | US$13.48b |
Recent financial health updates
ON Semiconductor (NASDAQ:ON) Seems To Use Debt Quite Sensibly
Mar 09
Here's Why ON Semiconductor (NASDAQ:ON) Can Manage Its Debt Responsibly
Oct 31ON Semiconductor (NASDAQ:ON) Seems To Use Debt Rather Sparingly
Jul 21We Think ON Semiconductor (NASDAQ:ON) Can Manage Its Debt With Ease
Apr 10We Think ON Semiconductor (NASDAQ:ON) Can Manage Its Debt With Ease
Jan 03ON Semiconductor (NASDAQ:ON) Seems To Use Debt Rather Sparingly
Oct 03Recent updates
Analysts Are Updating Their ON Semiconductor Corporation (NASDAQ:ON) Estimates After Its First-Quarter Results
May 01ON Semiconductor (NASDAQ:ON) Ticks All The Boxes When It Comes To Earnings Growth
Apr 27ON Semiconductor: Still Cheap As Fears Over Tesla's Demise Dissipated
Apr 25Returns on Capital Paint A Bright Future For ON Semiconductor (NASDAQ:ON)
Apr 15ON Facing Headwinds From A Slowing U.S. EV Market Amid Strong SiC Wafer Competition In China
Apr 03Is It Too Late To Consider Buying ON Semiconductor Corporation (NASDAQ:ON)?
Mar 21ON Semiconductor: Perfectly Positioned For The Electrification Of Everything
Mar 12ON Semiconductor (NASDAQ:ON) Seems To Use Debt Quite Sensibly
Mar 09ON Semiconductor's (NASDAQ:ON) Profits Appear To Have Quality Issues
Feb 12ON Semiconductor: The After-Earnings Rally Looks Like An Overreaction
Feb 06Is There An Opportunity With ON Semiconductor Corporation's (NASDAQ:ON) 38% Undervaluation?
Feb 04Tracking A 2024 Slowdown In Silicon Carbide For EVs With Eyes On ON Semiconductor And Wolfspeed
Jan 10Does ON Semiconductor (NASDAQ:ON) Deserve A Spot On Your Watchlist?
Dec 30Investors Shouldn't Overlook ON Semiconductor's (NASDAQ:ON) Impressive Returns On Capital
Dec 06At US$67.38, Is ON Semiconductor Corporation (NASDAQ:ON) Worth Looking At Closely?
Nov 12Here's Why ON Semiconductor (NASDAQ:ON) Can Manage Its Debt Responsibly
Oct 31Is ON Semiconductor Corporation (NASDAQ:ON) Trading At A 30% Discount?
Oct 19Is Now The Time To Put ON Semiconductor (NASDAQ:ON) On Your Watchlist?
Sep 25Investors Should Be Encouraged By ON Semiconductor's (NASDAQ:ON) Returns On Capital
Aug 29Is Now An Opportune Moment To Examine ON Semiconductor Corporation (NASDAQ:ON)?
Aug 03ON Semiconductor (NASDAQ:ON) Seems To Use Debt Rather Sparingly
Jul 21Calculating The Fair Value Of ON Semiconductor Corporation (NASDAQ:ON)
Jul 09With EPS Growth And More, ON Semiconductor (NASDAQ:ON) Makes An Interesting Case
Jun 27Shareholders Would Enjoy A Repeat Of ON Semiconductor's (NASDAQ:ON) Recent Growth In Returns
May 31Is ON Semiconductor Corporation (NASDAQ:ON) Potentially Undervalued?
May 05We Think ON Semiconductor (NASDAQ:ON) Can Manage Its Debt With Ease
Apr 10Should You Be Adding ON Semiconductor (NASDAQ:ON) To Your Watchlist Today?
Mar 28We Think ON Semiconductor (NASDAQ:ON) Might Have The DNA Of A Multi-Bagger
Mar 01A Look At The Fair Value Of ON Semiconductor Corporation (NASDAQ:ON)
Feb 15What Does ON Semiconductor Corporation's (NASDAQ:ON) Share Price Indicate?
Feb 02We Think ON Semiconductor (NASDAQ:ON) Can Manage Its Debt With Ease
Jan 03We Ran A Stock Scan For Earnings Growth And ON Semiconductor (NASDAQ:ON) Passed With Ease
Dec 19Is ON Semiconductor Corporation (NASDAQ:ON) Worth US$70.3 Based On Its Intrinsic Value?
Nov 17We Like ON Semiconductor's (NASDAQ:ON) Returns And Here's How They're Trending
Oct 31ON Semiconductor (NASDAQ:ON) Seems To Use Debt Rather Sparingly
Oct 03ON Semiconductor: This Correction Is A Downright Gift For You And Me
Sep 28When Should You Buy ON Semiconductor Corporation (NASDAQ:ON)?
Sep 20Financial Position Analysis
Short Term Liabilities: ON's short term assets ($6.1B) exceed its short term liabilities ($2.1B).
Long Term Liabilities: ON's short term assets ($6.1B) exceed its long term liabilities ($3.2B).
Debt to Equity History and Analysis
Debt Level: ON's net debt to equity ratio (8.9%) is considered satisfactory.
Reducing Debt: ON's debt to equity ratio has reduced from 86% to 41% over the past 5 years.
Debt Coverage: ON's debt is well covered by operating cash flow (61.9%).
Interest Coverage: ON earns more interest than it pays, so coverage of interest payments is not a concern.