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
We Think ON Semiconductor (NASDAQ:ON) Can Stay On Top Of Its Debt
Sep 17
Is ON Semiconductor (NASDAQ:ON) Using Too Much Debt?
Jun 19ON Semiconductor (NASDAQ:ON) Seems To Use Debt Quite Sensibly
Mar 09Recent updates
ON Semiconductor Q3: Remain Soft In Automotive And Industrial
Dec 02Is Now The Time To Look At Buying ON Semiconductor Corporation (NASDAQ:ON)?
Nov 14ON Semiconductor: Pretty Impressive Performance For A Down Cycle
Oct 28ON Semiconductor: Growth Story Remains Compelling, Thanks To Overly Discounted PEG Ratio
Oct 06We Think ON Semiconductor (NASDAQ:ON) Can Stay On Top Of Its Debt
Sep 17Onsemi: Navigating Industry Challenges With Strategic Transformation
Sep 17ON Semiconductor: Vibes Are ON Point
Sep 05Investors Aren't Entirely Convinced By ON Semiconductor Corporation's (NASDAQ:ON) Earnings
Aug 31What Does ON Semiconductor Corporation's (NASDAQ:ON) Share Price Indicate?
Aug 15ON Semiconductor: Q2 Preview Amid Mixed Signals In The Automotive Industry
Jul 25ON Semiconductor (NASDAQ:ON) Is Achieving High Returns On Its Capital
Jul 15ON Semiconductor Q2 Preview: Left Behind By The Generative AI Rally - Reiterate Cautious Buy
Jul 03Is ON Semiconductor (NASDAQ:ON) Using Too Much Debt?
Jun 19ON Semiconductor's Stock Is Now A Sell (Rating Downgrade)
May 28ON Semiconductor Corporation's (NASDAQ:ON) Shares Lagging The Market But So Is The Business
May 25An Intrinsic Calculation For ON Semiconductor Corporation (NASDAQ:ON) Suggests It's 33% Undervalued
May 13Analysts 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 30Financial Position Analysis
Short Term Liabilities: ON's short term assets ($6.5B) exceed its short term liabilities ($2.1B).
Long Term Liabilities: ON's short term assets ($6.5B) exceed its long term liabilities ($3.2B).
Debt to Equity History and Analysis
Debt Level: ON's net debt to equity ratio (6.7%) is considered satisfactory.
Reducing Debt: ON's debt to equity ratio has reduced from 111.6% to 38.9% over the past 5 years.
Debt Coverage: ON's debt is well covered by operating cash flow (58%).
Interest Coverage: ON earns more interest than it pays, so coverage of interest payments is not a concern.