On Holding (ONON) - Net Assets

Net assets on the balance sheet as of June 2024 : S$1.83 Billion

According to On Holding's latest financial reports the company has S$1.83 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	$S$1.68 B	19.96%
2022-12-31	$S$1.40 B	12.08%
2021-12-31	$S$1.25 B	241.34%
2020-12-31	$S$0.36 B	310.24%
2019-12-31	$S$89.65 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