Onity Group Stock Total Asset

ONIT Stock   30.89  0.10  0.32%   
Onity Group fundamentals help investors to digest information that contributes to Onity's financial success or failures. It also enables traders to predict the movement of Onity Stock. The fundamental analysis module provides a way to measure Onity's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Onity stock.
Last ReportedProjected for Next Year
Total Assets12.5 B13.1 B
Intangibles To Total Assets 0.18  0.19 
Total Assets is likely to gain to about 13.1 B in 2024. Intangibles To Total Assets is likely to gain to 0.19 in 2024.
  
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Onity Group Company Total Asset Analysis

Onity's Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.

Total Asset

 = 

Tangible Assets

+

Intangible Assets

More About Total Asset | All Equity Analysis

Current Onity Total Asset

    
  12.51 B  
Most of Onity's fundamental indicators, such as Total Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Onity Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Onity Total Asset Driver Correlations

Understanding the fundamental principles of building solid financial models for Onity is extremely important. It helps to project a fair market value of Onity Stock properly, considering its historical fundamentals such as Total Asset. Since Onity's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Onity's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Onity's interrelated accounts and indicators.
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Onity Total Asset Historical Pattern

Today, most investors in Onity Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Onity's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's total asset growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Onity total asset as a starting point in their analysis.
   Onity Total Asset   
       Timeline  
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
Competition

Onity Total Assets

Total Assets

13.14 Billion

At this time, Onity's Total Assets are comparatively stable compared to the past year.
Based on the latest financial disclosure, Onity Group has a Total Asset of 12.51 B. This is 94.91% lower than that of the Financial Services sector and significantly higher than that of the Financials industry. The total asset for all United States stocks is 57.53% higher than that of the company.

Onity Total Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Onity's direct or indirect competition against its Total Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Onity could also be used in its relative valuation, which is a method of valuing Onity by comparing valuation metrics of similar companies.
Onity is currently under evaluation in total asset category among its peers.

Onity Current Valuation Drivers

We derive many important indicators used in calculating different scores of Onity from analyzing Onity's financial statements. These drivers represent accounts that assess Onity's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Onity's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap220.9M215.7M231.2M222.3M188.2M236.0M
Enterprise Value6.8B7.8B8.5B8.4B10.9B6.0B

Onity Fundamentals

About Onity Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Onity Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Onity using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Onity Group based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for Onity Stock Analysis

When running Onity's price analysis, check to measure Onity's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Onity is operating at the current time. Most of Onity's value examination focuses on studying past and present price action to predict the probability of Onity's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Onity's price. Additionally, you may evaluate how the addition of Onity to your portfolios can decrease your overall portfolio volatility.