ON Semiconductor Balance Sheet Health
Financial Health criteria checks 6/6
ON Semiconductor has a total shareholder equity of $8.6B and total debt of $3.3B, which brings its debt-to-equity ratio to 38.9%. Its total assets and total liabilities are $13.9B and $5.3B respectively. ON Semiconductor's EBIT is $2.1B making its interest coverage ratio -44.2. It has cash and short-term investments of $2.8B.
Key information
38.9%
Debt to equity ratio
US$3.34b
Debt
| Interest coverage ratio | -44.2x |
| Cash | US$2.77b |
| Equity | US$8.60b |
| Total liabilities | US$5.32b |
| Total assets | US$13.92b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0KC4's short term assets ($6.5B) exceed its short term liabilities ($2.1B).
Long Term Liabilities: 0KC4's short term assets ($6.5B) exceed its long term liabilities ($3.2B).
Debt to Equity History and Analysis
Debt Level: 0KC4's net debt to equity ratio (6.7%) is considered satisfactory.
Reducing Debt: 0KC4's debt to equity ratio has reduced from 111.6% to 38.9% over the past 5 years.
Debt Coverage: 0KC4's debt is well covered by operating cash flow (58%).
Interest Coverage: 0KC4 earns more interest than it pays, so coverage of interest payments is not a concern.