On Holding Ltd Financial Flexibility Index
On Holding Ltd financial flexibility index. On Holding Ltd (ONON) has a Financial Flexibility Index of 0.03x as of March 2026. Free cash flow of $40.69 Million (operating CF $23.62 Million minus capex $17.07 Million) represents 0% of total liabilities ($1.19 Billion). Explore ONON capital reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Financial Flexibility Index of On Holding Ltd (2019–2025)
Financial flexibility index of On Holding Ltd from 2019 to 2025. Historical Financial Flexibility Index trend for On Holding Ltd across 7 annual periods. Check On Holding Ltd investment reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
On Holding Ltd Financial Flexibility Index by Year (2019–2025)
On Holding Ltd financial flexibility index by year from 2019 to 2025. Year-by-year free cash flow to debt coverage for On Holding Ltd. For the full cash flow conversion analysis, see cash flow conversion of On Holding Ltd.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.33x | $392.43 Million | $322.80 Million | $1.20 Billion | ▼ -44.2% |
| 2024 | 0.58x | $575.60 Million | $510.60 Million | $984.90 Million | ▲ +8.5% |
| 2023 | 0.54x | $279.30 Million | $232.10 Million | $518.50 Million | ▲ +254.5% |
| 2022 | -0.35x | $-144.00 Million | $-227.00 Million | $412.90 Million | ▼ -354.9% |
| 2021 | 0.14x | $53.10 Million | $16.90 Million | $388.10 Million | ▲ +382.3% |
| 2020 | 0.03x | $3.90 Million | $-14.70 Million | $137.48 Million | ▼ -43.8% |
| 2019 | 0.05x | $4.00 Million | $-5.22 Million | $79.21 Million | — |