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 0.102x as of September 2025. 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 ($157.30 Million) by net assets ($1.54 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
On Holding Ltd - Cash Flow Conversion Efficiency Trend (2019–2024)
This chart illustrates how On Holding Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read ONON total liabilities for a breakdown of total debt and financial obligations.
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 |
|---|---|
|
Sime Darby Plantation Bhd
KLSE:5285
|
0.039x |
|
Sanan Optoelectronics Co Ltd
SHG:600703
|
0.020x |
|
Antero Resources Corp
NYSE:AR
|
0.048x |
|
Jiangsu Yanghe Brewery Joint-Stock Co Ltd
SHE:002304
|
0.010x |
|
Sitime Corporation
NASDAQ:SITM
|
0.022x |
|
Max Healthcare Institute Limited
NSE:MAXHEALTH
|
0.012x |
|
SPX Corp
NYSE:SPXC
|
0.087x |
|
Israel Discount Bank Ltd
TA:DSCT
|
0.120x |
Annual Cash Flow Conversion Efficiency for On Holding Ltd (2019–2024)
The table below shows the annual cash flow conversion efficiency of On Holding Ltd from 2019 to 2024. 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 |
|---|---|---|---|---|
| 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 engages in the development and distribution of sports products worldwide. The company offers athletic footwear, apparel, and accessories for high-performance running, outdoor, training, all-day activities, and tennis. It offers its products through independent retailers and distributors, online, and stores. The company was founded in 2010 and is headquartered in Zurich, Switzerland.