Current Assets

Total Current Assets

ON Semiconductor Total Current Assets decreased by 0.8% to $5.78B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 8.7%, from $6.33B to $5.78B. Over 5 years (FY 2020 to FY 2025), Total Current Assets shows an upward trend with a 12.8% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryLiquidity
SignalHigher is better
VolatilityModerate
First reportedQ4 2014
Last reportedQ1 2026

How to read this metric

A higher value relative to current liabilities indicates a strong safety margin for meeting short-term obligations.

Detailed definition

The sum of all assets that are reasonably expected to be converted into cash or consumed within one year. This aggregate...

Peer comparison

High-growth tech companies often maintain high current asset levels to support rapid scaling and R&D needs.

Metric ID: total_current_assets

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$3.23B$3.64B$3.78B$4.37B$4.79B$5.31B$5.73B$5.72B$5.93B$6.09B$5.91B$6.15B$6.33B$6.54B$6.75B$6.33B$6.35B$6.33B$5.82B$5.78B
QoQ Change+12.8%+3.8%+15.5%+9.6%+11.0%+7.9%-0.2%+3.7%+2.6%-2.8%+4.0%+2.9%+3.5%+3.2%-6.3%+0.4%-0.3%-8.0%-0.8%
YoY Change+48.2%+45.8%+51.5%+30.9%+23.9%+14.6%+3.2%+7.6%+6.7%+7.5%+14.2%+2.9%+0.4%-3.3%-13.8%-8.7%
Range$3.23B$6.75B
CAGR+13.0%
Avg YoY Growth+14.5%
Median YoY Growth+7.6%
Current Streak3 quarters decline

Frequently Asked Questions

What is ON Semiconductor's total current assets?
ON Semiconductor (ON) reported total current assets of $5.78B in Q1 2026.
How has ON Semiconductor's total current assets changed year-over-year?
ON Semiconductor's total current assets decreased by 8.7% year-over-year, from $6.33B to $5.78B.
What is the long-term trend for ON Semiconductor's total current assets?
Over 5 years (2020 to 2025), ON Semiconductor's total current assets has grown at a 12.8% compound annual growth rate (CAGR), from $3.18B to $5.82B.
What does total current assets mean?
Everything the company owns that can be turned into cash within a single year.