ON Semiconductor Financials

ON Stock  USD 70.35  0.47  0.66%   
Based on the analysis of ON Semiconductor's profitability, liquidity, and operating efficiency, ON Semiconductor may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At this time, ON Semiconductor's Cash is very stable compared to the past year. As of the 28th of November 2024, Non Current Assets Total is likely to grow to about 7.7 B, while Short and Long Term Debt Total is likely to drop about 2 B. Key indicators impacting ON Semiconductor's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Current Ratio1.522.7076
Way Down
Slightly volatile
The essential information of the day-to-day investment outlook for ON Semiconductor includes many different criteria found on its balance sheet. An individual investor should monitor ON Semiconductor's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in ON Semiconductor.

Net Income

2.29 Billion

  
Understanding current and past ON Semiconductor Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of ON Semiconductor's financial statements are interrelated, with each one affecting the others. For example, an increase in ON Semiconductor's assets may result in an increase in income on the income statement.

ON Semiconductor Stock Summary

ON Semiconductor competes with Texas Instruments, Microchip Technology, Analog Devices, Qorvo, and Monolithic Power. ON Semiconductor Corporation provides intelligent sensing and power solutions worldwide. ON Semiconductor Corporation was incorporated in 1992 and is headquartered in Phoenix, Arizona. On Semiconductor operates under Semiconductors classification in the United States and is traded on NASDAQ Exchange. It employs 30000 people.
Specialization
Information Technology, Semiconductors & Semiconductor Equipment
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS6821891057
CUSIP682189105
LocationArizona; U.S.A
Business Address5701 North Pima
SectorSemiconductors & Semiconductor Equipment
IndustryInformation Technology
BenchmarkDow Jones Industrial
Websitewww.onsemi.com
Phone602 244 6600
CurrencyUSD - US Dollar

ON Semiconductor Key Financial Ratios

ON Semiconductor Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets8.4B8.7B9.6B12.0B13.2B13.9B
Other Current Liab538.8M512.3M678.8M977.3M625.8M351.4M
Net Debt2.7B2.4B1.7B311.7M876.8M1.2B
Retained Earnings1.2B1.4B2.4B4.4B6.5B6.9B
Accounts Payable543.6M572.9M635.1M852.1M725.6M373.5M
Cash894.2M1.1B1.4B2.9B2.5B2.6B
Net Receivables705M676M809.4M842.3M935.4M982.2M
Inventory1.2B1.3B1.4B1.6B2.1B2.2B
Other Current Assets188.4M176M240.1M351.3M382.1M401.2M
Total Liab5.1B5.1B5.0B5.8B5.4B3.1B
Total Current Assets3.0B3.2B3.8B5.7B5.9B6.2B
Other Liab318.6M465.9M564.3M394.9M454.1M476.8M
Other Assets454M840M886.9M539.2M620.1M651.1M
Long Term Debt2.9B3.0B2.9B3.0B2.5B1.8B
Short Term Debt736M563.8M205.9M197.2M794.8M834.5M
Intangible Assets590.5M469M495.7M359.7M299.3M345.4M
Good Will1.7B1.7B1.9B1.6B1.8B1.9B
Treasury Stock(1.5B)(1.7B)(2.0B)(2.4B)(2.2B)(2.1B)
Net Tangible Assets1.1B1.4B2.2B6.2B7.1B7.5B

ON Semiconductor Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense148.3M168.4M130.4M94.9M74.8M103.5M
Total Revenue5.5B5.3B6.7B8.3B8.3B8.7B
Gross Profit2.0B1.7B2.7B4.1B3.9B4.1B
Operating Income630.9M348.7M1.3B2.4B2.5B2.7B
Ebit745.9M418.3M1.4B2.8B2.5B2.7B
Research Development640.9M642.9M655M600.2M577.3M370.1M
Ebitda746.1M1.0B2.0B3.3B2.5B2.7B
Cost Of Revenue3.5B3.5B4.0B4.2B4.4B2.4B
Income Before Tax276.6M176.6M1.2B2.4B2.5B2.7B
Net Income211.7M234.2M1.0B1.9B2.2B2.3B
Income Tax Expense62.7M(59.8M)146.6M458.4M(350.2M)(332.7M)
Non Recurring199.8M66.5M74.3M404.7M465.4M488.7M
Tax Provision62.7M(59.8M)146.6M458.4M350.2M367.7M
Interest Income10.2M4.9M1.4M15.5M93.1M97.8M
Net Interest Income(138.1M)(163.5M)(129M)(79.4M)18.3M19.2M

ON Semiconductor Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory34.6M(26.3M)(122.8M)(235.2M)(495.2M)(470.4M)
Change In Cash(192.9M)187.3M296.2M1.6B(448M)(425.6M)
Free Cash Flow60.1M400.7M1.3B1.6B401.9M348.5M
Depreciation593.1M625.1M596.7M551.8M609.5M325.7M
Other Non Cash Items63.8M136.2M69.3M324M51.7M49.1M
Dividends Paid21M26.2M23.6M38.9M2.1B2.2B
Capital Expenditures634.6M483.6M492M1.0B1.6B1.7B
Net Income213.9M236.4M1.0B1.9B2.2B2.3B
End Period Cash Flow894.2M1.1B1.4B2.9B2.5B2.6B
Change To Netincome89M76.3M223.9M8.4M9.7M9.2M
Investments(1.5B)(453.6M)(915.1M)10.8M(1.7B)(1.7B)
Change Receivables4.7M31.4M(136.3M)(47.8M)(43.0M)(40.9M)
Net Borrowings785.6M(168.3M)(483.2M)(30M)(27M)(25.7M)

ON Semiconductor Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining ON Semiconductor's current stock value. Our valuation model uses many indicators to compare ON Semiconductor value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across ON Semiconductor competition to find correlations between indicators driving ON Semiconductor's intrinsic value. More Info.
ON Semiconductor is regarded third in return on equity category among its peers. It is regarded fourth in return on asset category among its peers reporting about  0.44  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for ON Semiconductor is roughly  2.28 . At this time, ON Semiconductor's Return On Equity is very stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the ON Semiconductor's earnings, one of the primary drivers of an investment's value.

ON Semiconductor Systematic Risk

ON Semiconductor's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. ON Semiconductor volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on ON Semiconductor correlated with the market. If Beta is less than 0 ON Semiconductor generally moves in the opposite direction as compared to the market. If ON Semiconductor Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one ON Semiconductor is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of ON Semiconductor is generally in the same direction as the market. If Beta > 1 ON Semiconductor moves generally in the same direction as, but more than the movement of the benchmark.

ON Semiconductor Thematic Clasifications

ON Semiconductor is part of several thematic ideas from Semiconductor to ESG Investing. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Today, most investors in ON Semiconductor Stock are looking for potential investment opportunities by analyzing not only static indicators but also various ON Semiconductor's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of ON Semiconductor growth as a starting point in their analysis.

Price Earnings To Growth Ratio

1.12

At this time, ON Semiconductor's Price Earnings To Growth Ratio is very stable compared to the past year.

ON Semiconductor November 28, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of ON Semiconductor help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of ON Semiconductor. We use our internally-developed statistical techniques to arrive at the intrinsic value of ON Semiconductor based on widely used predictive technical indicators. In general, we focus on analyzing ON Semiconductor Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build ON Semiconductor's daily price indicators and compare them against related drivers.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ON Semiconductor. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
To learn how to invest in ON Semiconductor Stock, please use our How to Invest in ON Semiconductor guide.
You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Is Semiconductors & Semiconductor Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ON Semiconductor. If investors know ON Semiconductor will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ON Semiconductor listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.28)
Earnings Share
4.03
Revenue Per Share
17.235
Quarterly Revenue Growth
(0.19)
Return On Assets
0.0956
The market value of ON Semiconductor is measured differently than its book value, which is the value of ON Semiconductor that is recorded on the company's balance sheet. Investors also form their own opinion of ON Semiconductor's value that differs from its market value or its book value, called intrinsic value, which is ON Semiconductor's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ON Semiconductor's market value can be influenced by many factors that don't directly affect ON Semiconductor's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ON Semiconductor's value and its price as these two are different measures arrived at by different means. Investors typically determine if ON Semiconductor is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ON Semiconductor's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.