Onex (TSX:ONEX) Equity-to-Asset

: 0.66 (As of Dec. 2023)

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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Onex's Total Stockholders Equity for the quarter that ended in Dec. 2023 was C$11,489 Mil. Onex's Total Assets for the quarter that ended in Dec. 2023 was C$17,305 Mil. Therefore, Onex's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.66.

The historical rank and industry rank for Onex's Equity-to-Asset or its related term are showing as below:

TSX:ONEX' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.01 Med: 0.33 Max: 0.68
Current: 0.66

During the past 13 years, the highest Equity to Asset Ratio of Onex was 0.68. The lowest was -0.01. And the median was 0.33.

TSX:ONEX's Equity-to-Asset is ranked worse than
67.79% of 1726 companies
in the Asset Management industry
Industry Median: 0.83 vs TSX:ONEX: 0.66

Onex Equity-to-Asset Historical Data

The historical data trend for Onex's Equity-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Onex Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

0.59

0.61

0.65

0.68

0.66

Onex Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Equity-to-Asset																0.68	0.67	0.64	0.65	0.66

Competitive Comparison

For the Asset Management subindustry, Onex's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Onex Equity-to-Asset Distribution

For the Asset Management industry and Financial Services sector, Onex's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Onex's Equity-to-Asset falls into.

Onex Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Onex's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	11489.462	/	17305.298
	=	0.66

Onex's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	11489.462	/	17305.298
	=	0.66

Onex (TSX:ONEX) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.

Onex Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Onex's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Onex (TSX:ONEX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Onex Corporation (TSX:ONEX) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

ONEXF:USA ONE:Germany

Address

161 Bay Street, 49th Floor, P.O. Box 700, Toronto, ON, CAN, M5J 2S5

Website

https://www.onex.com

Onex Corporation is a private equity investor and asset management firm. The company operates in two reportable segments: investing, which comprises the activity of investing Onex' capital and asset management, which comprises the asset management activities provided by Onex to support its private equity and Credit strategies, as well as Onex's corporate functions. The majority of the company's revenue is generated through the investing segment.

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