J Prichard - Onex Corp Independent Director

ONEX Stock  CAD 113.89  0.47  0.41%   

Insider

J Prichard is Independent Director of Onex Corp since 1994.
Age 70
Tenure 30 years
Address 161 Bay Street, Toronto, ON, Canada, M5J 2S1
Phone416-362-7711
Webhttps://www.onex.com

Onex Corp Management Efficiency

The company has return on total asset (ROA) of 0.0341 % which means that it generated a profit of $0.0341 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0805 %, meaning that it generated $0.0805 on every $100 dollars invested by stockholders. Onex Corp's management efficiency ratios could be used to measure how well Onex Corp manages its routine affairs as well as how well it operates its assets and liabilities. As of the 2nd of December 2024, Return On Tangible Assets is likely to drop to 0.03. In addition to that, Return On Capital Employed is likely to drop to 0.04. At this time, Onex Corp's Total Assets are very stable compared to the past year. As of the 2nd of December 2024, Non Current Assets Total is likely to grow to about 13.8 B, while Other Assets are likely to drop about 90.7 M.
Onex Corp has accumulated 3.94 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 6.57, 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.

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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 and London, United Kingdom. ONEX CORPORATION operates under Asset Management classification in Canada and is traded on Toronto Stock Exchange. Onex Corp (ONEX) is traded on Toronto Exchange in Canada and employs 492 people. Onex Corp is listed under Asset Management & Custody Banks category by Fama And French industry classification.

Management Performance

Onex Corp Leadership Team

Elected by the shareholders, the Onex Corp's board of directors comprises two types of representatives: Onex Corp inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Onex. The board's role is to monitor Onex Corp's management team and ensure that shareholders' interests are well served. Onex Corp's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Onex Corp's outside directors are responsible for providing unbiased perspectives on the board's policies.
J Prichard, Independent Director
Yonah JD, Managing Compliance
Laurence Goldberg, Managing Director
Anthony Munk, Vice Chairman of the Board
Christopher CPA, Chief Officer
Heather Reisman, Director
Ewout Heersink, Senior Managing Director, Director
Gerald OC, Chairman Founder
Andrea Daly, General Counsel, Managing Director, Secretary
Jonathan Mueller, Managing Director
Arianna Huffington, Independent Director
Amir Motamedi, Managing Director
John McCoy, Independent Director
Robert Blanc, Senior Managing Director
Joshua Hausman, Managing Director
Manish Srivastava, Managing Director
Matthew Ross, Managing Director
Brett Holdway, Director Technology
Sam Camens, Managing Director - Health and Benefits
Daniel Casey, Independent Director
Janet Lumb, Vice Administration
Ronnie Jaber, Head Credit
Joanne Coles, Managing Technology
David Copeland, Managing Director – Tax
Emma Thompson, Managing Director and Head of Investor Relations and Fund Development
Konstantin Gilis, Managing Director
JD Esq, CoHead Partners
Gerald Schwartz, Chairman of the Board, President, Chief Executive Officer
Heather Hrousalas, Managing Management
Seth Mersky, Senior Managing Director
Tawfiq Popatia, Managing Director
William Etherington, Lead Independent Director
Terry Hickey, Corporate Technology
Serge Gouin, Independent Director
Jill CFA, Managing Communications
Todd Clegg, Managing Director
Nehal Hakim, Managing Director - Capital Markets
Mitchell Goldhar, Independent Director
Beth Wilkinson, Independent Director
Arni Thorsteinson, Lead Independent Director
Christopher Govan, Chief Financial Officer
Joao Silva, Managing Director - Group Procurement
Nigel Wright, Managing Director

Onex Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Onex Corp a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Onex Corp

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Onex Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Onex Corp will appreciate offsetting losses from the drop in the long position's value.

Moving together with Onex Stock

  0.83EVT Economic Investment TrustPairCorr
The ability to find closely correlated positions to Onex Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Onex Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Onex Corp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Onex Corp to buy it.
The correlation of Onex Corp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Onex Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Onex Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Onex Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Onex Stock

Onex Corp financial ratios help investors to determine whether Onex Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Onex with respect to the benefits of owning Onex Corp security.