ON SEMICONDUCTOR CORPORATION (ON) Current Ratio
- Current ratio · latest quarter: Value 3.46×; Formula and calculation Current assets / current liabilities..
Current ratio
Overview →Financial period ending 2026-07-03; current quote (m). Amounts retain their stated periods and units.
| Metric | Value | Formula and calculation |
|---|---|---|
| Current ratio · latest quarter | 3.46× | Current assets / current liabilities. $7.28B ÷ $2.10B ≈ 3.46× |
Calculation inputs
| Input | Amount with unit | Raw financial data |
|---|---|---|
| Current assets | 7.28B USD | Assets, Current |
| Current obligations | 2.10B USD | Liabilities, Current |
| Cash and equivalents | 3.51B USD | Cash and Cash Equivalents, at Carrying Value |
| Short-term securities | (m) | |
| Customer receivables | (m) | |
| Inventory | 2.05B USD | Inventory, Net |
| Payables | 498.30M USD | Accounts Payable, Current |
| Borrowing debt due within one year | 802.10M USD | Long-term Debt, Current Maturities |
Calculated history
Changes compare with the next older row (previous quarter), unless explicitly labeled otherwise. Rolling 12-month growth compares two successive quarter-end rolling totals; it is not year-over-year growth.
| Period ending | Current assets (USD) | Current obligations (USD) | Cash and equivalents (USD) | Short-term securities (USD) | Customer receivables (USD) | Inventory (USD) | Payables (USD) | Borrowing debt due within one year (USD) | Current ratio |
|---|---|---|---|---|---|---|---|---|---|
| 2026-07-03 | $7.28B | $2.10B | $3.51B | (m) | (m) | $2.05B | $498.30M | $802.10M | 3.46× |
| 2026-04-03 | $5.78B | $1.19B | $2.00B | (m) | (m) | $2.05B | $486.10M | (m) | 4.87× |
| 2025-12-31 | $5.82B | $1.29B | $2.15B | (m) | (m) | $1.99B | $572.30M | $0.00 | 4.52× |
| 2025-10-03 | $6.33B | $1.21B | $2.47B | (m) | (m) | $2.05B | $479.10M | (m) | 5.23× |
| 2025-07-04 | $6.35B | $1.26B | $2.53B | (m) | (m) | $2.09B | $474.30M | (m) | 5.02× |
| 2025-04-04 | $6.33B | $1.28B | $2.76B | (m) | (m) | $2.08B | $496.60M | (m) | 4.95× |
| 2024-12-31 | $6.75B | $1.33B | $2.69B | (m) | (m) | $2.24B | $574.50M | (m) | 5.06× |
| 2024-09-27 | $6.54B | $2.13B | $2.47B | (m) | (m) | $2.24B | $597.50M | $796.40M | 3.07× |
| 2024-06-28 | $6.33B | $2.10B | $2.23B | (m) | (m) | $2.22B | $617.70M | $795.60M | 3.01× |
| 2024-03-29 | $6.15B | $2.14B | $2.61B | (m) | (m) | $2.15B | $665.80M | $794.80M | 2.87× |
| 2023-12-31 | $5.91B | $2.18B | $2.48B | (m) | (m) | $2.11B | $725.60M | $794.00M | 2.71× |
| 2023-09-29 | $6.09B | $2.49B | $2.68B | (m) | (m) | $2.08B | $911.30M | $912.90M | 2.44× |
| 2023-06-30 | $5.93B | $2.48B | $2.62B | (m) | (m) | $1.96B | $907.50M | $912.10M | 2.39× |
| 2023-03-31 | $5.72B | $2.58B | $2.70B | (m) | (m) | $1.81B | $976.20M | $926.20M | 2.22× |
| 2022-12-31 | $5.73B | $2.06B | $2.92B | (m) | (m) | $1.62B | $852.10M | $147.80M | 2.78× |
| 2022-09-30 | $5.31B | $1.76B | $2.45B | (m) | (m) | $1.58B | $791.70M | $165.30M | 3.01× |
| 2022-07-01 | $4.79B | $1.71B | $1.79B | (m) | (m) | $1.56B | $793.80M | $165.20M | 2.79× |
| 2022-04-01 | $4.37B | $1.57B | $1.65B | (m) | (m) | $1.50B | $725.30M | $170.40M | 2.79× |
| 2021-12-31 | $3.78B | $1.54B | $1.35B | (m) | (m) | $1.38B | $635.10M | $160.70M | 2.45× |
| 2021-10-01 | $3.64B | $1.44B | $1.39B | (m) | (m) | $1.33B | $599.30M | $203.00M | 2.52× |
| 2021-07-02 | $3.23B | $1.46B | $1.09B | (m) | (m) | $1.31B | $610.20M | $201.30M | 2.22× |
| 2021-04-02 | $3.19B | $1.73B | $1.04B | (m) | (m) | $1.30B | $605.00M | $536.70M | 1.84× |
| 2020-12-31 | $3.18B | $1.67B | $1.08B | (m) | (m) | $1.25B | $572.90M | $531.60M | 1.90× |
| 2020-10-02 | $3.81B | $1.80B | $1.65B | (m) | (m) | $1.28B | $534.20M | $701.60M | 2.11× |
| 2020-07-03 | $4.14B | $1.76B | $2.06B | (m) | (m) | $1.29B | $522.90M | $695.60M | 2.35× |
| 2020-04-03 | $4.03B | $1.74B | $1.98B | (m) | (m) | $1.25B | $503.90M | $689.60M | 2.32× |
| 2019-12-31 | $3.02B | $1.82B | $894.20M | (m) | (m) | $1.23B | $543.60M | $736.00M | 1.66× |
| 2019-09-27 | $3.07B | $2.00B | $928.70M | (m) | (m) | $1.24B | $534.10M | $736.60M | 1.54× |
| 2019-06-28 | $3.06B | $1.27B | $885.20M | (m) | (m) | $1.27B | $542.90M | $105.70M | 2.42× |
| 2019-03-29 | $3.05B | $1.32B | $939.60M | (m) | (m) | $1.23B | $583.30M | $130.80M | 2.31× |
| 2018-12-31 | $3.17B | $1.47B | $1.07B | (m) | (m) | $1.23B | $671.70M | $138.50M | 2.16× |
| 2018-09-28 | $3.10B | $1.31B | $951.00M | (m) | (m) | $1.20B | $588.30M | $99.20M | 2.36× |
| 2018-06-29 | $2.93B | $1.90B | $850.20M | (m) | (m) | $1.20B | $584.70M | $746.40M | 1.54× |
| 2018-03-30 | $2.97B | $1.95B | $924.90M | (m) | (m) | $1.16B | $612.00M | $747.20M | 1.53× |
| 2017-12-31 | $2.93B | $1.41B | $949.20M | (m) | (m) | $1.09B | $548.00M | $248.10M | 2.08× |
| 2017-09-29 | $2.82B | $1.43B | $901.20M | (m) | (m) | $1.03B | $590.30M | $258.50M | 1.97× |
| 2017-06-30 | $2.76B | $1.36B | $871.60M | (m) | (m) | $1.00B | $546.30M | $268.20M | 2.03× |
| 2017-03-31 | $2.61B | $1.21B | $728.90M | (m) | (m) | $1.01B | $464.00M | $272.80M | 2.15× |
| 2016-12-31 | $2.87B | $1.50B | $1.03B | (m) | (m) | $1.03B | $434.00M | $553.80M | 1.91× |
| 2016-09-30 | $2.80B | $1.50B | $880.50M | (m) | (m) | $1.08B | $407.50M | $540.60M | 1.87× |
| 2016-07-01 | $1.92B | $1.26B | $588.10M | (m) | (m) | $750.20M | $302.50M | $536.70M | 1.52× |
| 2016-04-01 | $1.90B | $1.19B | $619.50M | (m) | (m) | $759.70M | $305.90M | $525.40M | 1.60× |
| 2015-12-31 | $1.89B | $1.24B | $617.60M | (m) | (m) | $750.40M | $337.70M | $543.40M | 1.53× |
| 2015-10-02 | $1.95B | $1.34B | $556.80M | (m) | (m) | $754.00M | $361.90M | $539.30M | 1.46× |
| 2015-07-03 | $1.93B | $1.32B | $576.60M | (m) | (m) | $743.00M | $335.50M | $555.90M | 1.46× |
| 2015-04-03 | $1.76B | $1.01B | $428.10M | (m) | (m) | $746.90M | $362.50M | $212.60M | 1.74× |
| 2014-12-31 | $1.81B | $1.04B | $511.70M | (m) | (m) | $729.90M | $378.20M | $209.60M | 1.74× |
| 2014-09-26 | $1.81B | $1.01B | $492.10M | (m) | (m) | $724.30M | $398.70M | $203.30M | 1.79× |
| 2014-06-27 | $1.76B | $869.30M | $598.90M | (m) | (m) | $632.60M | $305.40M | $169.40M | 2.03× |
| 2014-03-28 | $1.74B | $824.20M | $562.00M | (m) | (m) | $613.90M | $276.70M | $173.70M | 2.11× |
| 2013-12-31 | $1.71B | $819.20M | $509.50M | (m) | (m) | $608.80M | $276.80M | $181.60M | 2.08× |
| 2013-09-27 | $1.65B | $878.10M | $369.50M | (m) | (m) | $585.30M | $259.20M | $249.00M | 1.87× |
| 2013-06-28 | $1.62B | $876.60M | $396.10M | (m) | (m) | $559.70M | $276.60M | $231.30M | 1.85× |
| 2013-03-29 | $1.62B | $874.00M | $537.00M | (m) | (m) | $561.40M | $263.00M | $242.80M | 1.85× |
| 2012-12-31 | $1.69B | $1.02B | $486.90M | (m) | (m) | $581.70M | $279.50M | $353.60M | 1.65× |
| 2012-09-28 | $1.83B | $1.05B | $421.40M | (m) | (m) | $644.30M | $349.90M | $260.90M | 1.74× |
| 2012-06-29 | $1.95B | $1.15B | $517.80M | (m) | (m) | $659.70M | $416.40M | $265.30M | 1.69× |
| 2012-03-30 | $2.04B | $1.21B | $580.10M | (m) | (m) | $633.70M | $408.60M | $377.10M | 1.68× |
| 2011-12-31 | $2.13B | $1.28B | $652.90M | (m) | (m) | $637.40M | $451.80M | $370.10M | 1.67× |
| 2011-09-30 | $2.19B | $1.26B | $659.30M | (m) | (m) | $706.60M | $472.60M | $288.20M | 1.74× |
| 2011-07-01 | $2.30B | $1.29B | $756.60M | (m) | (m) | $749.20M | $528.90M | $286.70M | 1.77× |
| 2011-04-01 | $2.25B | $1.15B | $766.00M | (m) | (m) | $767.50M | $527.80M | $176.80M | 1.96× |
| 2010-12-31 | $1.36B | $710.90M | $623.30M | (m) | (m) | $360.80M | $256.90M | $136.00M | 1.91× |
| 2010-10-01 | $1.30B | $677.20M | $562.90M | (m) | (m) | $350.80M | $250.90M | $135.80M | 1.91× |
| 2010-07-02 | $1.17B | $647.90M | $467.10M | (m) | (m) | $321.50M | $240.10M | $120.50M | 1.81× |
| 2009-12-31 | $1.17B | $619.00M | $525.70M | (m) | (m) | $269.90M | $172.90M | $205.90M | 1.89× |
(m) means missing inputs. Historical market-based ratios use the saved close on or immediately before period ending and that period’s reported shares; current quotes are not substituted. Five-year projections repeat historical CAGR, not analyst forecasts.
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