ON Semiconductor Financial Health
How is ON Semiconductor's financial position?
Financial Health Score
6/6Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: ON's short term assets ($5.3B) exceed its short term liabilities ($1.8B).
Long Term Liabilities: ON's short term assets ($5.3B) exceed its long term liabilities ($3.7B).
Debt to Equity History and Analysis
Debt Level: ON's net debt to equity ratio (12.8%) is considered satisfactory.
Reducing Debt: ON's debt to equity ratio has reduced from 131.3% to 56.6% over the past 5 years.
Debt Coverage: ON's debt is well covered by operating cash flow (78.7%).
Interest Coverage: ON's interest payments on its debt are well covered by EBIT (27.8x coverage).