On Holding Ltd (ONON) — Financial Flexibility Index
On Holding Ltd (ONON) has a Financial Flexibility Index of 0.15x as of September 2025. Free cash flow of $177.80 Million (operating CF $157.30 Million minus capex $20.50 Million) represents 0% of total liabilities ($1.21 Billion). Also explore On Holding Ltd equity growth rate to track the company's year-over-year net asset growth rate.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
On Holding Ltd Financial Flexibility Index (2019–2024)
Historical Financial Flexibility Index trend for On Holding Ltd across 6 annual periods. Check how strategically is On Holding Ltd's equity deployed to assess the company's strategic physical and investment asset allocation.
Annual Financial Flexibility Index for On Holding Ltd (2019–2024)
Year-by-year free cash flow to debt coverage for On Holding Ltd. For the full company profile including market capitalisation, see ONON company net worth.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 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 | — |