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.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 00:35 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Onex Corporation is covered by 10 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Peter Sklar | BMO Capital Markets Equity Research |
| Nikolaus Priebe | CIBC Capital Markets |
| Gabriel Deschaine | Genuity Capital Markets |