One Non Current Liabilities Other from 2010 to 2024

OGS Stock  USD 59.09  1.03  1.71%   
One Gas Non Current Liabilities Other yearly trend continues to be comparatively stable with very little volatility. Non Current Liabilities Other will likely drop to about 801.4 M in 2024. From the period from 2010 to 2024, One Gas Non Current Liabilities Other quarterly data regression had r-value of  0.12 and coefficient of variation of  40.74. View All Fundamentals
 
Non Current Liabilities Other  
First Reported
2013-12-31
Previous Quarter
1.4 B
Current Value
1.3 B
Quarterly Volatility
359.3 M
 
Yuan Drop
 
Covid
Check One Gas financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among One main balance sheet or income statement drivers, such as Depreciation And Amortization of 182.7 M, Interest Expense of 66.3 M or Total Revenue of 1.9 B, as well as many exotic indicators such as Price To Sales Ratio of 1.46, Dividend Yield of 0.0369 or PTB Ratio of 1.33. One financial statements analysis is a perfect complement when working with One Gas Valuation or Volatility modules.
  
This module can also supplement One Gas' financial leverage analysis and stock options assessment as well as various One Gas Technical models . Check out the analysis of One Gas Correlation against competitors.
For more information on how to buy One Stock please use our How to Invest in One Gas guide.

Latest One Gas' Non Current Liabilities Other Growth Pattern

Below is the plot of the Non Current Liabilities Other of One Gas over the last few years. It is One Gas' Non Current Liabilities Other historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in One Gas' overall financial position and show how it may be relating to other accounts over time.
Non Current Liabilities Other10 Years Trend
Pretty Stable
   Non Current Liabilities Other   
       Timeline  

One Non Current Liabilities Other Regression Statistics

Arithmetic Mean860,657,044
Geometric Mean786,490,385
Coefficient Of Variation40.74
Mean Deviation279,095,325
Median789,186,000
Standard Deviation350,604,827
Sample Variance122923.7T
Range1.2B
R-Value0.12
Mean Square Error130449.8T
R-Squared0.01
Significance0.67
Slope9,465,126
Total Sum of Squares1720932.4T

One Non Current Liabilities Other History

2024801.4 M
20231.5 B
20221.3 B
2021693.4 M
2020759.1 M
2019737.5 M
2018789.2 M

About One Gas Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include One Gas income statement, its balance sheet, and the statement of cash flows. One Gas investors use historical funamental indicators, such as One Gas's Non Current Liabilities Other, to determine how well the company is positioned to perform in the future. Although One Gas investors may use each financial statement separately, they are all related. The changes in One Gas's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on One Gas's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on One Gas Financial Statements. Understanding these patterns can help to make the right decision on long term investment in One Gas. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Non Current Liabilities Other1.5 B801.4 M

Pair Trading with One Gas

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 One Gas 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 One Gas will appreciate offsetting losses from the drop in the long position's value.

Moving together with One Stock

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Moving against One Stock

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The ability to find closely correlated positions to One Gas could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace One Gas 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 One Gas - 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 One Gas to buy it.
The correlation of One Gas 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 One Gas moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if One Gas 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 One Gas 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
When determining whether One Gas is a strong investment it is important to analyze One Gas' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact One Gas' future performance. For an informed investment choice regarding One Stock, refer to the following important reports:
Check out the analysis of One Gas Correlation against competitors.
For more information on how to buy One Stock please use our How to Invest in One Gas guide.
Note that the One Gas information on this page should be used as a complementary analysis to other One Gas' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..

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Is One Gas' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of One Gas. If investors know One will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about One Gas listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.05)
Dividend Share
2.61
Earnings Share
4.05
Revenue Per Share
37.536
Quarterly Revenue Growth
(0.27)
The market value of One Gas is measured differently than its book value, which is the value of One that is recorded on the company's balance sheet. Investors also form their own opinion of One Gas' value that differs from its market value or its book value, called intrinsic value, which is One Gas' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because One Gas' market value can be influenced by many factors that don't directly affect One Gas' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between One Gas' value and its price as these two are different measures arrived at by different means. Investors typically determine if One Gas is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, One Gas' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.