Onex Balance Sheet Health
Financial Health criteria checks 5/6
Onex has a total shareholder equity of $8.6B and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $13.2B and $4.6B respectively. Onex's EBIT is $705.0M making its interest coverage ratio 176.3. It has cash and short-term investments of $275.0M.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | 176.3x |
| Cash | US$275.00m |
| Equity | US$8.62b |
| Total liabilities | US$4.61b |
| Total assets | US$13.23b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: ONEX's short term assets ($1.0B) exceed its short term liabilities ($293.0M).
Long Term Liabilities: ONEX's short term assets ($1.0B) do not cover its long term liabilities ($4.3B).
Debt to Equity History and Analysis
Debt Level: ONEX is debt free.
Reducing Debt: ONEX had no debt 5 years ago.
Debt Coverage: ONEX has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: ONEX has no debt, therefore coverage of interest payments is not a concern.