Stock Analysis on Net
Stock Analysis on Net

ON Semiconductor Corp. (NASDAQ:ON)

Balance Sheet: Assets
Quarterly Data

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Assets are resources controlled by the company as a result of past events and from which future economic benefits are expected to flow to the entity.

ON Semiconductor Corp., consolidated balance sheet: assets (quarterly data)

US$ in thousands

Microsoft Excel
Dec 31, 2023 Sep 29, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jul 1, 2022 Apr 1, 2022 Dec 31, 2021 Oct 1, 2021 Jul 2, 2021 Apr 2, 2021 Dec 31, 2020 Oct 2, 2020 Jul 3, 2020 Apr 3, 2020 Dec 31, 2019 Sep 27, 2019 Jun 28, 2019 Mar 29, 2019
Cash and cash equivalents 2,483,000 2,679,200 2,622,200 2,702,400 2,919,000 2,450,200 1,791,600 1,645,100 1,352,600 1,389,200 1,091,100 1,042,500 1,080,700 1,654,000 2,060,400 1,982,000 894,200 928,700 885,200 939,600
Receivables, net 935,400 958,200 944,400 880,900 842,300 857,300 1,138,100 910,700 809,400 720,000 669,100 683,600 676,000 728,100 667,400 652,000 705,000 716,600 713,200 704,000
Inventories 2,111,800 2,084,800 1,964,400 1,814,900 1,616,800 1,575,400 1,563,200 1,496,000 1,379,500 1,327,600 1,309,300 1,295,500 1,251,400 1,281,200 1,285,400 1,251,900 1,232,400 1,240,700 1,273,800 1,225,200
Assets held-for-sale — — — — — 135,000 — — — — — — — — — — — — — —
Other current assets 382,100 363,200 399,200 318,100 351,300 291,500 292,400 315,600 240,100 205,000 160,400 166,000 176,000 149,300 131,200 146,400 188,400 187,000 192,000 177,900
Current assets 5,912,300 6,085,400 5,930,200 5,716,300 5,729,400 5,309,400 4,785,300 4,367,400 3,781,600 3,641,800 3,229,900 3,187,600 3,184,100 3,812,600 4,144,400 4,032,300 3,020,000 3,073,000 3,064,200 3,046,700
Property, plant and equipment, net 4,401,500 4,314,500 3,991,400 3,692,900 3,450,700 2,762,100 2,709,800 2,559,400 2,524,300 2,427,800 2,457,800 2,489,400 2,512,300 2,511,800 2,566,500 2,579,900 2,591,600 2,602,100 2,620,000 2,585,000
ROU financing lease assets 42,400 43,000 44,600 45,200 45,800 — — — — — — — — — — — — — — —
Property, plant and equipment and ROU financing lease assets, net 4,443,900 4,357,500 4,036,000 3,738,100 3,496,500 2,762,100 2,709,800 2,559,400 2,524,300 2,427,800 2,457,800 2,489,400 2,512,300 2,511,800 2,566,500 2,579,900 2,591,600 2,602,100 2,620,000 2,585,000
Goodwill 1,577,600 1,577,600 1,577,600 1,577,600 1,577,600 1,600,400 1,815,400 1,936,700 1,937,500 1,662,700 1,663,400 1,663,400 1,663,400 1,663,400 1,663,400 1,663,400 1,659,200 1,659,200 1,552,500 932,500
Intangible assets, net 299,300 312,800 326,300 339,800 359,700 373,800 452,600 474,500 495,700 390,300 416,300 441,100 469,000 498,200 527,800 558,200 590,500 622,600 778,000 539,500
Deferred tax assets 600,800 579,300 502,400 473,100 376,700 409,900 375,700 349,300 366,300 382,100 429,900 447,200 429,000 461,600 325,200 331,000 307,800 291,500 242,000 238,200
Other assets 381,300 368,700 390,200 429,400 438,600 645,100 649,900 525,100 520,600 436,000 397,100 401,700 410,200 306,400 300,500 256,000 256,400 273,900 267,800 222,400
Non-current assets 7,302,900 7,195,900 6,832,500 6,558,000 6,249,100 5,791,300 6,003,400 5,845,000 5,844,400 5,298,900 5,364,500 5,442,800 5,483,900 5,441,400 5,383,400 5,388,500 5,405,500 5,449,300 5,460,300 4,517,600
Total assets 13,215,200 13,281,300 12,762,700 12,274,300 11,978,500 11,100,700 10,788,700 10,212,400 9,626,000 8,940,700 8,594,400 8,630,400 8,668,000 9,254,000 9,527,800 9,420,800 8,425,500 8,522,300 8,524,500 7,564,300

Based on: 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-29), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-07-01), 10-Q (reporting date: 2022-04-01), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-10-01), 10-Q (reporting date: 2021-07-02), 10-Q (reporting date: 2021-04-02), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-10-02), 10-Q (reporting date: 2020-07-03), 10-Q (reporting date: 2020-04-03), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-27), 10-Q (reporting date: 2019-06-28), 10-Q (reporting date: 2019-03-29).

Assets: Selected Items

Balance sheet item Description The company
Current assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. ON Semiconductor Corp. current assets increased from Q2 2023 to Q3 2023 but then decreased significantly from Q3 2023 to Q4 2023.
Property, plant and equipment and ROU financing lease assets, net Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. ON Semiconductor Corp. property, plant and equipment and ROU financing lease assets, net increased from Q2 2023 to Q3 2023 and from Q3 2023 to Q4 2023.
Non-current assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold or consumed after one year or beyond the normal operating cycle, if longer. ON Semiconductor Corp. non-current assets increased from Q2 2023 to Q3 2023 and from Q3 2023 to Q4 2023.
Total assets Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. ON Semiconductor Corp. total assets increased from Q2 2023 to Q3 2023 but then slightly decreased from Q3 2023 to Q4 2023.

Current Assets: Selected Items

Balance sheet item Description The company
Cash and cash equivalents Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. ON Semiconductor Corp. cash and cash equivalents increased from Q2 2023 to Q3 2023 but then decreased significantly from Q3 2023 to Q4 2023.
Receivables, net The total amount due to the entity within one year of the balance sheet date (or one operating cycle, if longer) from outside sources, including trade accounts receivable, notes and loans receivable, as well as any other types of receivables, net of allowances established for the purpose of reducing such receivables to an amount that approximates their net realizable value. ON Semiconductor Corp. receivables, net increased from Q2 2023 to Q3 2023 but then decreased significantly from Q3 2023 to Q4 2023.
Inventories Amount after valuation and LIFO reserves of inventory expected to be sold, or consumed within one year or operating cycle, if longer. ON Semiconductor Corp. inventories increased from Q2 2023 to Q3 2023 and from Q3 2023 to Q4 2023.