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 $12.9B and $4.3B respectively. Onex's EBIT is $747.0M making its interest coverage ratio 373.5. It has cash and short-term investments of $265.0M.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | 373.5x |
| Cash | US$265.00m |
| Equity | US$8.56b |
| Total liabilities | US$4.34b |
| Total assets | US$12.90b |
Recent financial health updates
No updates
Recent updates
There's No Escaping Onex Corporation's (TSE:ONEX) Muted Earnings
Mar 23
Lacklustre Performance Is Driving Onex Corporation's (TSE:ONEX) Low P/E
Mar 07Does Onex (TSE:ONEX) Deserve A Spot On Your Watchlist?
Feb 07President Robert Le Blanc Just Bought 6.6% More Shares In Onex Corporation (TSE:ONEX)
Mar 01What Type Of Returns Would Onex's(TSE:ONEX) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?
Jan 25Insider Buying: The Onex Corporation (TSE:ONEX) Vice Chairman Just Bought 3.1% More Shares
Dec 20Is Onex Corporation (TSE:ONEX) Popular Amongst Insiders?
Dec 16Financial Position Analysis
Short Term Liabilities: ONEX's short term assets ($1.1B) exceed its short term liabilities ($363.0M).
Long Term Liabilities: ONEX's short term assets ($1.1B) do not cover its long term liabilities ($4.0B).
Debt to Equity History and Analysis
Debt Level: ONEX is debt free.
Reducing Debt: ONEX has no debt compared to 5 years ago when its debt to equity ratio was 396.4%.
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.