Onyx Acquisition I Co

NASDAQ:ONYX USA Shell Companies
Market Cap
$90.50 Million
Market Cap Rank
#30668 Global
#10099 in USA
Share Price
$11.39
Change (1 day)
+0.00%
52-Week Range
$11.39 - $11.39
All Time High
$11.50
About

Onyx Acquisition Co. I does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities in general industrials and construction technology sectors. The company was incorporated in 2021 and is based in New York, New York.

Onyx Acquisition I Co - Asset Resilience Ratio

Latest as of June 2024: 99.38%

Onyx Acquisition I Co (ONYX) has an Asset Resilience Ratio of 99.38% as of June 2024. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing.

Liquid Assets
$15.12 Million
Cash + Short-term Investments
Total Assets
$15.21 Million
All company assets
Resilience Assessment
Very High
Financial Resilience Level

Asset Resilience Ratio Trend (2022–2023)

This chart shows how Onyx Acquisition I Co's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.

Liquid Assets Composition Over Time

This chart breaks down Onyx Acquisition I Co's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents $0.00 0%
Short-term Investments $15.12 Million 99.38%
Total Liquid Assets $15.12 Million 99.38%

Asset Resilience Insights

  • Very High Liquidity: Onyx Acquisition I Co maintains exceptional liquid asset reserves at 99.38% of total assets.
  • This level provides strong protection against economic uncertainties but may indicate potential for more aggressive growth investments.
  • The company has significant short-term investments, indicating active treasury management.

Onyx Acquisition I Co Industry Peers by Asset Resilience Ratio

Compare Onyx Acquisition I Co's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
464680
KQ:464680
Shell Companies 97.32%
Azure Holding Group Corp
PINK:AZRH
Shell Companies 0.00%
Hana 30 Special Purpose Acquisition Company
KQ:469880
Shell Companies 93.60%
Cuspis Capital II Ltd
V:CCII-P
Shell Companies 97.65%
0041B0
KQ:0041B0
Shell Companies 77.82%
Aloys Inc.
KQ:297570
Shell Companies 1.22%
Nh Special Purpose Acquisition 14 Co. Ltd
KQ:319400
Shell Companies 1.35%

Annual Asset Resilience Ratio for Onyx Acquisition I Co (2022–2023)

The table below shows the annual Asset Resilience Ratio data for Onyx Acquisition I Co.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2023-12-31 99.38% $22.32 Million $22.46 Million -0.34pp
2022-12-31 99.72% $273.54 Million $274.32 Million --
pp = percentage points