On Holding (ONON) - Net Assets

Net assets on the balance sheet as of June 2024 : A$2.09 Billion

According to On Holding's latest financial reports the company has A$2.09 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

On Holding - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$1.87 B	21.62%
2022-12-31	$A$1.54 B	20.41%
2021-12-31	$A$1.28 B	254.27%
2020-12-31	$A$0.36 B	280.67%
2019-12-31	$A$94.98 M

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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On Holding (ONON) - Net assets