On Holding Ltd (ONON) - Cash Flow Conversion Efficiency
Based on the latest financial reports, On Holding Ltd (ONON) has a cash flow conversion efficiency ratio of 0.013x as of March 2026. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($23.62 Million) by net assets ($1.77 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See ONON defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
On Holding Ltd - Cash Flow Conversion Efficiency Trend (2019–2025)
This chart illustrates how On Holding Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data.
On Holding Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of On Holding Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
SINGAPORE EX.UNSP.ADR/15
F:SOUU
|
N/A |
|
The Cooper Companies, Inc
NASDAQ:COO
|
0.031x |
|
Aramark Holdings
NYSE:ARMK
|
-0.242x |
|
Indus Towers Limited
NSE:INDUSTOWER
|
0.219x |
|
Sociedad Química y Minera de Chile S.A.
SN:SQM-B
|
0.206x |
|
Shenzhen Kinwong Electronic Co Ltd
SHG:603228
|
0.030x |
|
RENTOKIL INITIAL ADR/5
F:RTO
|
N/A |
|
Samsara Inc
NYSE:IOT
|
0.049x |
Annual Cash Flow Conversion Efficiency for On Holding Ltd (2019–2025)
The table below shows the annual cash flow conversion efficiency of On Holding Ltd from 2019 to 2025. For the full company profile with market capitalisation and key ratios, see On Holding Ltd market capitalisation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | $1.63 Billion | $322.80 Million | 0.198x | -46.16% |
| 2024-12-31 | $1.39 Billion | $510.60 Million | 0.367x | +69.84% |
| 2023-12-31 | $1.07 Billion | $232.10 Million | 0.216x | +192.26% |
| 2022-12-31 | $969.50 Million | $-227.00 Million | -0.234x | -1275.42% |
| 2021-12-31 | $848.40 Million | $16.90 Million | 0.020x | +133.21% |
| 2020-12-31 | $245.09 Million | $-14.70 Million | -0.060x | +25.96% |
| 2019-12-31 | $64.41 Million | $-5.22 Million | -0.081x | -- |
About On Holding Ltd
On Holding AG, together with its subsidiaries, develops and distributes performance sports products under the On brand in Switzerland, the rest of Europe, the Middle East, Africa, the United States, the rest of the Americas, and the Asia-Pacific. The company offers athletic footwear, apparel, and accessories for performance running, performance outdoor, performance all day, performance training, … Read more