Onex Corp Stock Analysis
| ONEXF Stock | USD 83.89 0.64 0.77% |
Onex Corp holds a debt-to-equity ratio of 0.007. Onex Corp's financial risk is the risk to Onex Corp stockholders that is caused by an increase in debt.
Asset vs Debt
Equity vs Debt
Onex Corp's liquidity is one of the most fundamental aspects of both its future profitability and its ability to meet different types of ongoing financial obligations. Onex Corp's cash, liquid assets, total liabilities, and shareholder equity can be utilized to evaluate how much leverage the Company is using to sustain its current operations. For traders, higher-leverage indicators usually imply a higher risk to shareholders. In addition, it helps Onex Pink Sheet's retail investors understand whether an upcoming fall or rise in the market will negatively affect Onex Corp's stakeholders.
For most companies, including Onex Corp, marketable securities, inventories, and receivables are the most common assets that could be converted to cash. However, for Onex Corp, the most critical issue when managing liquidity is ensuring that current assets are properly aligned with current liabilities. If they are not, Onex Corp's management will need to obtain alternative financing to ensure there are always enough cash equivalents on the balance sheet to meet obligations.
Given that Onex Corp's debt-to-equity ratio measures a Company's obligations relative to the value of its net assets, it is usually used by traders to estimate the extent to which Onex Corp is acquiring new debt as a mechanism of leveraging its assets. A high debt-to-equity ratio is generally associated with increased risk, implying that it has been aggressive in financing its growth with debt. Another way to look at debt-to-equity ratios is to compare the overall debt load of Onex Corp to its assets or equity, showing how much of the company assets belong to shareholders vs. creditors. If shareholders own more assets, Onex Corp is said to be less leveraged. If creditors hold a majority of Onex Corp's assets, the Company is said to be highly leveraged.
Onex Corp is fairly valued with Real Value of 82.81 and Hype Value of 83.24. The main objective of Onex Corp pink sheet analysis is to determine its intrinsic value, which is an estimate of what Onex Corp is worth, separate from its market price. There are two main types of Onex Corp's stock analysis: fundamental analysis and technical analysis.
The Onex Corp pink sheet is traded in the USA on PINK Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Onex Corp's ongoing operational relationships across important fundamental and technical indicators.
Onex |
Onex Pink Sheet Analysis Notes
About 15.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 0.49. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Onex Corp last dividend was issued on the 9th of January 2023. The entity had 2:1 split on the 30th of May 2000. Onex Corporation is a private equity firm specializing in acquisitions and platform acquisitions. Onex Corporation was founded in 1984 and is based in Toronto, Canada with additional offices in New York, New York Englewood Cliffs, New Jersey Boston, Massachusetts and London, United Kingdom. Onex Corp operates under Asset Management classification in the United States and is traded on OTC Exchange.The quote for Onex Corp is published daily by the National Quotation Bureau and the company does not need to meet minimum requirements or file with the SEC. To find out more about Onex Corp contact the company at 416-362-7711 or learn more at https://www.onex.com.Onex Corp Investment Alerts
| Onex Corp generated a negative expected return over the last 90 days | |
| About 15.0% of the company outstanding shares are owned by corporate insiders |
Onex Market Capitalization
The company currently falls under 'Mid-Cap' category with a current market capitalization of 4.12 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Onex Corp's market, we take the total number of its shares issued and multiply it by Onex Corp's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Onex Profitablity
The company has Profit Margin (PM) of 0.06 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.3 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.3.Technical Drivers
As of the 22nd of January, Onex Corp holds the Coefficient Of Variation of (32,865), variance of 2.59, and Risk Adjusted Performance of 0.0032. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Onex Corp, as well as the relationship between them. Please check Onex Corp coefficient of variation and maximum drawdown to decide if Onex Corp is priced some-what accurately, providing market reflects its current price of 83.89 per share. Given that Onex Corp has information ratio of (0.07), we recommend you to check out Onex Corp's recent market performance to make sure the company can sustain itself at a future point.Onex Corp Price Movement Analysis
Illegal number of arguments. The output start index for this execution was zero with a total number of output elements of zero. The Kaufman Adaptive Moving Average allows the user to define Onex Corp range across which they want the smoothing.
Onex Corp Outstanding Bonds
Onex Corp issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Onex Corp uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Onex bonds can be classified according to their maturity, which is the date when Onex Corp has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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Onex Corp Predictive Daily Indicators
Onex Corp intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Onex Corp pink sheet daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 83.89 | |||
| Day Typical Price | 83.89 | |||
| Price Action Indicator | 0.32 | |||
| Period Momentum Indicator | 0.64 |
Onex Corp Forecast Models
Onex Corp's time-series forecasting models are one of many Onex Corp's pink sheet analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Onex Corp's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.Onex Corp Debt to Cash Allocation
Many companies such as Onex Corp, eventually find out that there is only so much market out there to be conquered, and adding the next product or service is only half as profitable per unit as their current endeavors. Eventually, the company will reach a point where cash flows are strong, and extra cash is available but not fully utilized. In this case, the company may start buying back its stock from the public or issue more dividends.
Onex Corp has accumulated 3.75 B in total debt with debt to equity ratio (D/E) of 0.01, which may suggest the company is not taking enough advantage from borrowing. Onex Corp has a current ratio of 2.59, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Onex Corp until it has trouble settling it off, either with new capital or with free cash flow. So, Onex Corp's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Onex Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Onex to invest in growth at high rates of return. When we think about Onex Corp's use of debt, we should always consider it together with cash and equity.Onex Corp Assets Financed by Debt
Typically, companies with high debt-to-asset ratios are said to be highly leveraged. The higher the ratio, the greater risk will be associated with the Onex Corp's operation. In addition, a high debt-to-assets ratio may indicate a low borrowing capacity of Onex Corp, which in turn will lower the firm's financial flexibility.Onex Corp Corporate Bonds Issued
Most Onex bonds can be classified according to their maturity, which is the date when Onex Corp has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
About Onex Pink Sheet Analysis
Pink Sheet analysis is the technique used by a trader or investor to examine and evaluate how Onex Corp prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Onex shares will generate the highest return on investment. We also built our pink sheet analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Pink Sheet such as Onex Corp. By using and applying Onex Pink Sheet analysis, traders can create a robust methodology for identifying Onex entry and exit points for their positions.
Onex Corporation is a private equity firm specializing in acquisitions and platform acquisitions. Onex Corporation was founded in 1984 and is based in Toronto, Canada with additional offices in New York, New York Englewood Cliffs, New Jersey Boston, Massachusetts and London, United Kingdom. Onex Corp operates under Asset Management classification in the United States and is traded on OTC Exchange.
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As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our pink sheet analysis tools, you can find out how much better you can do when adding Onex Corp to your portfolios without increasing risk or reducing expected return.Did you try this?
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Complementary Tools for Onex Pink Sheet analysis
When running Onex Corp's price analysis, check to measure Onex Corp'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 Onex Corp is operating at the current time. Most of Onex Corp's value examination focuses on studying past and present price action to predict the probability of Onex Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Onex Corp's price. Additionally, you may evaluate how the addition of Onex Corp to your portfolios can decrease your overall portfolio volatility.
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