On Holding Ltd (ONON) — Net Asset Quality Index
On Holding Ltd (ONON) has a Net Asset Quality Index of 59.8% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $2.95 Billion minus total liabilities of $1.19 Billion yields net assets of $1.77 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Read how much debt does On Holding Ltd carry for a breakdown of total debt and financial obligations.
Quality Index
Net Assets
Total Assets
Total Liabilities
On Holding Ltd Net Asset Quality Index Over Time (2019–2025)
This chart shows how On Holding Ltd's Net Asset Quality Index has evolved across 7 annual periods from 2019 to 2025. As of March 2026, the index stands at 59.8%, representing net assets of $1.77 Billion against total assets of $2.95 Billion USD. For live market cap and overall valuation, see On Holding Ltd market cap and net worth.
Annual Net Asset Quality Index for On Holding Ltd (2019–2025)
The table below presents the year-by-year Net Asset Quality Index for On Holding Ltd from 2019 to 2025, covering 7 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. Check ONON strategic assets to equity ratio to assess the company's strategic physical and investment asset allocation.
| Year | Quality Index | Net Assets (USD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 57.6% | $1.63 Billion | $2.84 Billion | $1.20 Billion | ▼ -1.0 pp |
| 2024 | 58.6% | $1.39 Billion | $2.38 Billion | $984.90 Million | ▼ -8.9 pp |
| 2023 | 67.5% | $1.07 Billion | $1.59 Billion | $518.50 Million | ▼ -2.7 pp |
| 2022 | 70.1% | $969.50 Million | $1.38 Billion | $412.90 Million | ▲ +1.5 pp |
| 2021 | 68.6% | $848.40 Million | $1.24 Billion | $388.10 Million | ▲ +4.5 pp |
| 2020 | 64.1% | $245.09 Million | $382.57 Million | $137.48 Million | ▲ +19.2 pp |
| 2019 | 44.8% | $64.41 Million | $143.63 Million | $79.21 Million | — |