On Holding (ONON) - Net Assets

Net assets on the balance sheet as of June 2024 : £1.05 Billion

According to On Holding's latest financial reports the company has £1.05 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	$£1.00 B	15.63%
2022-12-31	$£0.86 B	26.11%
2021-12-31	$£0.68 B	237.3%
2020-12-31	$£0.20 B	302.19%
2019-12-31	$£50.71 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