ON Semiconductor Corporation

LSE:0KC4 Stock Report

Market Cap: US$29.7b

ON Semiconductor Balance Sheet Health

Financial Health criteria checks 6/6

ON Semiconductor has a total shareholder equity of $8.4B and total debt of $3.3B, which brings its debt-to-equity ratio to 40%. Its total assets and total liabilities are $13.7B and $5.3B respectively. ON Semiconductor's EBIT is $2.4B making its interest coverage ratio -53.9. It has cash and short-term investments of $2.7B.

Key information

40.0%

Debt to equity ratio

US$3.34b

Debt

Interest coverage ratio-53.9x
CashUS$2.68b
EquityUS$8.36b
Total liabilitiesUS$5.30b
Total assetsUS$13.66b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 0KC4's short term assets ($6.3B) exceed its short term liabilities ($2.1B).

Long Term Liabilities: 0KC4's short term assets ($6.3B) exceed its long term liabilities ($3.2B).


Debt to Equity History and Analysis

Debt Level: 0KC4's net debt to equity ratio (7.9%) is considered satisfactory.

Reducing Debt: 0KC4's debt to equity ratio has reduced from 110.9% to 40% over the past 5 years.

Debt Coverage: 0KC4's debt is well covered by operating cash flow (61%).

Interest Coverage: 0KC4 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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