On Holding Ltd Cash Flow Quality Index
On Holding Ltd cash flow quality index. On Holding Ltd (ONON) has a Cash Flow Quality Index of 0.22x as of March 2026. Operating cash flow of $23.62 Million is below net income of $105.60 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore debt repayment capacity of On Holding Ltd to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Cash Flow Quality Index of On Holding Ltd (2022–2025)
Cash flow quality index of On Holding Ltd from 2022 to 2025. Historical Cash Flow Quality Index for On Holding Ltd across 4 annual periods. Values consistently above 1.0x indicate high-quality earnings. See On Holding Ltd balance sheet quality to measure how much of total assets are equity-financed.
On Holding Ltd Cash Flow Quality Index by Year (2022–2025)
On Holding Ltd cash flow quality index by year from 2022 to 2025. Year-by-year earnings quality comparison for On Holding Ltd. For the full cash flow conversion analysis, see ONON cash flow conversion.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 1.66x | $322.80 Million | $194.54 Million | ▼ -21.3% |
| 2024 | 2.11x | $510.60 Million | $242.30 Million | ▼ -27.7% |
| 2023 | 2.92x | $232.10 Million | $79.60 Million | ▲ +174.1% |
| 2022 | -3.93x | $-227.00 Million | $57.70 Million | — |