Onity Group Inc. Asset Resilience Ratio
Onity Group Inc. asset resilience ratio. Onity Group Inc. (ONIT) has an Asset Resilience Ratio of 0.50% as of March 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. See ONIT defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Onity Group Inc. (2011–2023)
Asset resilience ratio of Onity Group Inc. from 2011 to 2023. This chart shows how Onity Group Inc.'s Asset Resilience Ratio has changed over time. Read debt load of Onity Group Inc. for a breakdown of total debt and financial obligations.
Liquid Assets Composition Over Time
This chart breaks down Onity Group Inc.'s liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. For the complete balance sheet picture, see ONIT total asset value.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0% |
| Short-term Investments | $66.10 Million | 0.5% |
| Total Liquid Assets | $66.10 Million | 0.50% |
Asset Resilience Insights
- Limited Liquidity: Onity Group Inc. maintains only 0.50% of assets in liquid form.
- This low level may indicate efficient asset utilization but could pose risks during economic downturns.
- The company has significant short-term investments, indicating active treasury management.
Onity Group Inc. Industry Peers by Asset Resilience Ratio
Compare Onity Group Inc.'s asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
ECN Capital Corp
TO:ECN |
Mortgage Finance | 5.22% |
|
Investeringsselskabet Luxor A/S
CO:LUXOR-B |
Mortgage Finance | -3.26% |
|
Australian Finance Group Ltd
AU:AFG |
Mortgage Finance | 0.00% |
|
Resimac Group Ltd
AU:RMC |
Mortgage Finance | 0.00% |
|
N1 Holdings Ltd
AU:N1H |
Mortgage Finance | 0.01% |
|
First National Financial Corp
TO:FN |
Mortgage Finance | 6.41% |
|
MCAN Mortgage Corporation
TO:MKP |
Mortgage Finance | 0.61% |
|
Timbercreek Financial Corp
TO:TF |
Mortgage Finance | 0.38% |
Onity Group Inc. Asset Resilience Ratio by Year (2011–2023)
Onity Group Inc. asset resilience ratio by year from 2011 to 2023. The table below shows the annual Asset Resilience Ratio data for Onity Group Inc..
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-12-31 | 0.09% | $11.50 Million | $12.51 Billion | +0.09pp |
| 2022-12-31 | 0.00% | $600.00K | $12.40 Billion | -0.58pp |
| 2021-12-31 | 0.58% | $70.65 Million | $12.15 Billion | +0.36pp |
| 2020-12-31 | 0.22% | $23.21 Million | $10.65 Billion | +0.21pp |
| 2019-12-31 | 0.00% | $390.00K | $10.41 Billion | -0.01pp |
| 2018-12-31 | 0.01% | $1.34 Million | $9.39 Billion | -0.04pp |
| 2017-12-31 | 0.06% | $4.74 Million | $8.40 Billion | +0.06pp |
| 2016-12-31 | 0.00% | $1.00 | $7.66 Billion | -58.59pp |
| 2013-12-31 | 58.59% | $4.64 Billion | $7.93 Billion | -22.05pp |
| 2011-12-31 | 80.64% | $3.81 Billion | $4.73 Billion | -- |
About Onity Group Inc.
Onity Group Inc., a financial services company, originates and services forward and reserve mortgage loans in the United States, the United States Virgin Islands, India, and the Philippines. The company operates through the Servicing and Originations segments. The company offers owned mortgage servicing rights and subservicing products; conventional, government-insured, and non-agency mortgage lo… Read more