On Holding (ONON) - Net Assets

Net assets on the balance sheet as of June 2024 : NZ$2.28 Billion

According to On Holding's latest financial reports the company has NZ$2.28 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	$NZ$2.02 B	22.25%
2022-12-31	$NZ$1.65 B	21.59%
2021-12-31	$NZ$1.35 B	252.85%
2020-12-31	$NZ$0.38 B	290.22%
2019-12-31	$NZ$98.74 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