Onex (ONEXF) LT-Debt-to-Total-Asset : 0.37 (As of Dec. 2024)

View and export this data going back to . Start your Free Trial

What is Onex LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Onex's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.37.

Onex's long-term debt to total assets ratio increased from Dec. 2023 (0.31) to Dec. 2024 (0.37). It may suggest that Onex is progressively becoming more dependent on debt to grow their business.

Onex LT-Debt-to-Total-Asset Historical Data

The historical data trend for Onex's LT-Debt-to-Total-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 LT-Debt-to-Total-Asset Chart

Onex Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.35

0.30

0.29

0.31

0.37

Onex Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.31	0.32	0.32	0.33	0.37

Onex LT-Debt-to-Total-Asset Calculation

Onex's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	5196	/	13964
	=	0.37

Onex's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	5196	/	13964
	=	0.37

Onex (OTCPK:ONEXF) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Onex LT-Debt-to-Total-Asset Related Terms

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

Onex Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Onex Corp (OTCPK:ONEXF) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

ONE:Germany ONEX:Canada

Address

161 Bay Street, 49th Floor, P.O. Box 700, Toronto, ON, CAN, M5J 2S1

Website

https://www.onex.com

Onex Corp is a private equity investor and asset management firm. The company operates in two reportable segments: Investing, which comprises the activity of investing Onex's 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.