ON Semiconductor Corporation (ON) — Working Capital to Net Assets Ratio
ON Semiconductor Corporation (ON) has a Working Capital to Net Assets ratio of 59.0% as of December 2025. Working capital of $4.54 Billion (current assets of $5.82 Billion minus current liabilities of $1.29 Billion) is measured against net assets of $7.69 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See ON net asset quality score to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
ON Semiconductor Corporation Working Capital to Net Assets (1999–2025)
This chart shows how ON Semiconductor Corporation's Working Capital to Net Assets ratio has evolved across 27 annual periods from 1999 to 2025. As of December 2025, the ratio stands at 59.0%, reflecting working capital of $4.54 Billion against net assets of $7.69 Billion USD. Check how tangible is ON Semiconductor Corporation's equity to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for ON Semiconductor Corporation (1999–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for ON Semiconductor Corporation from 1999 to 2025, covering 27 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see ON Semiconductor Corporation stock valuation.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 59.0% | $4.54 Billion | $7.69 Billion | $5.82 Billion | $1.29 Billion | ▼ -2.5 pp |
| 2024 | 61.5% | $5.42 Billion | $8.81 Billion | $6.75 Billion | $1.33 Billion | ▲ +13.7 pp |
| 2023 | 47.8% | $3.73 Billion | $7.80 Billion | $5.91 Billion | $2.18 Billion | ▼ -11.3 pp |
| 2022 | 59.1% | $3.67 Billion | $6.21 Billion | $5.73 Billion | $2.06 Billion | ▲ +10.5 pp |
| 2021 | 48.6% | $2.24 Billion | $4.60 Billion | $3.78 Billion | $1.54 Billion | ▲ +6.4 pp |
| 2020 | 42.2% | $1.50 Billion | $3.56 Billion | $3.18 Billion | $1.68 Billion | ▲ +6.1 pp |
| 2019 | 36.1% | $1.20 Billion | $3.32 Billion | $3.02 Billion | $1.82 Billion | ▼ -17.0 pp |
| 2018 | 53.2% | $1.70 Billion | $3.19 Billion | $3.17 Billion | $1.47 Billion | ▼ -1.2 pp |
| 2017 | 54.4% | $1.52 Billion | $2.80 Billion | $2.93 Billion | $1.41 Billion | ▼ -19.6 pp |
| 2016 | 74.1% | $1.37 Billion | $1.84 Billion | $2.87 Billion | $1.50 Billion | ▲ +34.1 pp |
| 2015 | 40.0% | $652.20 Million | $1.63 Billion | $1.89 Billion | $1.24 Billion | ▼ -6.3 pp |
| 2014 | 46.3% | $764.90 Million | $1.65 Billion | $1.81 Billion | $1.04 Billion | ▼ -13.1 pp |
| 2013 | 59.4% | $891.00 Million | $1.50 Billion | $1.71 Billion | $819.20 Million | ▲ +11.3 pp |
| 2012 | 48.1% | $669.10 Million | $1.39 Billion | $1.69 Billion | $1.02 Billion | ▼ -8.9 pp |
| 2011 | 57.1% | $852.20 Million | $1.49 Billion | $2.13 Billion | $1.28 Billion | ▲ +10.4 pp |
| 2010 | 46.6% | $647.10 Million | $1.39 Billion | $1.36 Billion | $710.90 Million | ▼ -8.1 pp |
| 2009 | 54.7% | $549.60 Million | $1.00 Billion | $1.17 Billion | $619.00 Million | ▼ -18.4 pp |
| 2008 | 73.1% | $499.10 Million | $683.10 Million | $1.05 Billion | $546.10 Million | ▼ -870.0 pp |
| 2007 | 943.0% | $324.40 Million | $34.40 Million | $745.30 Million | $420.90 Million | ▲ +1073.9 pp |
| 2006 | -130.9% | $267.80 Million | $-204.60 Million | $700.80 Million | $433.00 Million | ▼ -57.6 pp |
| 2005 | -73.3% | $202.00 Million | $-275.50 Million | $600.30 Million | $398.30 Million | ▼ -32.0 pp |
| 2004 | -41.4% | $211.90 Million | $-512.40 Million | $537.00 Million | $325.10 Million | ▼ -7.0 pp |
| 2003 | -34.4% | $212.50 Million | $-618.20 Million | $522.70 Million | $310.20 Million | ▼ -4.7 pp |
| 2002 | -29.6% | $195.00 Million | $-658.00 Million | $507.00 Million | $312.00 Million | ▲ +22.8 pp |
| 2001 | -52.4% | $215.90 Million | $-411.70 Million | $550.80 Million | $334.90 Million | ▼ -166.7 pp |
| 2000 | 114.2% | $393.40 Million | $344.40 Million | $798.50 Million | $405.10 Million | ▲ +1835.3 pp |
| 1999 | -1721.1% | $309.80 Million | $-18.00 Million | $637.10 Million | $327.30 Million | — |