ONEOK Long Term Debt vs Net Working Capital Analysis

OKE Stock

USD 79.44 0.62 0.77%

ONEOK financial indicator trend analysis is much more than just breaking down ONEOK Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ONEOK Inc is a good investment. Please check the relationship between ONEOK Long Term Debt and its Net Working Capital accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ONEOK Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry.

Long Term Debt vs Net Working Capital

Long Term Debt vs Net Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ONEOK Inc Long Term Debt account and Net Working Capital. At this time, the significance of the direction appears to have strong relationship.

The correlation between ONEOK's Long Term Debt and Net Working Capital is 0.63. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Net Working Capital in the same time period over historical financial statements of ONEOK Inc, assuming nothing else is changed. The correlation between historical values of ONEOK's Long Term Debt and Net Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of ONEOK Inc are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Long Term Debt i.e., ONEOK's Long Term Debt and Net Working Capital go up and down completely randomly.

Correlation Coefficient

0.63

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Long Term Debt

Long-term debt is a debt that ONEOK Inc has held for over one year. Long-term debt appears on ONEOK Inc balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on ONEOK Inc balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Net Working Capital

Most indicators from ONEOK's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ONEOK Inc current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ONEOK Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry.

The current year's Enterprise Value is expected to grow to about 5.6 B, whereas Selling General Administrative is forecasted to decline to about 15.2 M.

	2021	2022	2023	2024 (projected)
Gross Profit	3.7B	3.9B	3.6B	3.7B
Total Revenue	16.5B	22.4B	17.5B	18.3B

Gross Profit Total Revenue

ONEOK fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Common Stock Total Equity	Other Stockholder Equity	Property Plant And Equipment Gross	Other Liab
Common Stock Shares Outstanding		0.81	0.88	-0.27	0.34	0.84	0.88	0.88	-0.31	0.44	0.24	0.81	-0.01	0.22	0.44	0.82	0.68	0.39	0.81	0.49	-0.19	-0.43	0.96	0.87	0.87	0.55
Total Assets	0.81		0.97	-0.07	0.47	0.94	0.98	0.97	0.0	0.47	0.42	1.0	0.11	0.41	0.53	0.99	0.63	0.62	0.99	0.6	-0.02	-0.43	0.81	0.91	0.98	0.71
Short Long Term Debt Total	0.88	0.97		-0.13	0.43	0.9	1.0	1.0	-0.16	0.44	0.43	0.98	-0.03	0.41	0.5	0.99	0.6	0.51	0.98	0.56	-0.05	-0.49	0.89	0.89	0.98	0.73
Other Current Liab	-0.27	-0.07	-0.13		-0.21	-0.06	-0.13	-0.13	0.16	-0.2	-0.03	-0.06	0.5	-0.03	-0.29	-0.09	-0.24	-0.08	-0.1	-0.25	-0.14	0.07	-0.21	-0.08	-0.2	-0.31
Total Current Liabilities	0.34	0.47	0.43	-0.21		0.32	0.44	0.43	0.37	0.89	0.2	0.44	-0.11	0.23	0.9	0.42	0.69	0.64	0.49	0.83	0.68	-0.73	0.37	0.23	0.44	0.27
Total Stockholder Equity	0.84	0.94	0.9	-0.06	0.32		0.93	0.9	-0.06	0.39	0.28	0.94	0.31	0.27	0.44	0.91	0.66	0.55	0.91	0.5	-0.19	-0.23	0.82	0.99	0.93	0.6
Property Plant And Equipment Net	0.88	0.98	1.0	-0.13	0.44	0.93		1.0	-0.13	0.45	0.39	0.99	0.02	0.38	0.5	0.99	0.62	0.54	0.99	0.56	-0.05	-0.46	0.88	0.91	0.99	0.73
Net Debt	0.88	0.97	1.0	-0.13	0.43	0.9	1.0		-0.17	0.44	0.4	0.98	-0.03	0.39	0.5	0.99	0.6	0.51	0.98	0.55	-0.05	-0.49	0.89	0.9	0.98	0.73
Retained Earnings	-0.31	0.0	-0.16	0.16	0.37	-0.06	-0.13	-0.17		0.48	0.29	-0.04	0.48	0.34	0.49	-0.06	0.33	0.58	-0.01	0.53	0.13	-0.13	-0.35	-0.22	-0.13	-0.24
Accounts Payable	0.44	0.47	0.44	-0.2	0.89	0.39	0.45	0.44	0.48		0.18	0.44	0.15	0.2	0.94	0.43	0.84	0.63	0.49	0.89	0.33	-0.71	0.46	0.29	0.44	0.1
Cash	0.24	0.42	0.43	-0.03	0.2	0.28	0.39	0.4	0.29	0.18		0.4	-0.06	1.0	0.33	0.46	0.24	0.38	0.46	0.54	-0.03	-0.29	0.29	0.23	0.37	0.34
Non Current Assets Total	0.81	1.0	0.98	-0.06	0.44	0.94	0.99	0.98	-0.04	0.44	0.4		0.1	0.39	0.5	0.99	0.6	0.59	0.99	0.56	-0.03	-0.41	0.81	0.91	0.98	0.72
Non Currrent Assets Other	-0.01	0.11	-0.03	0.5	-0.11	0.31	0.02	-0.03	0.48	0.15	-0.06	0.1		-0.05	0.04	0.03	0.25	0.27	0.03	0.09	-0.4	0.21	-0.03	0.24	-0.02	-0.43
Cash And Short Term Investments	0.22	0.41	0.41	-0.03	0.23	0.27	0.38	0.39	0.34	0.2	1.0	0.39	-0.05		0.35	0.45	0.26	0.43	0.45	0.56	0.0	-0.3	0.25	0.21	0.36	0.33
Net Receivables	0.44	0.53	0.5	-0.29	0.9	0.44	0.5	0.5	0.49	0.94	0.33	0.5	0.04	0.35		0.5	0.84	0.69	0.56	0.96	0.36	-0.63	0.46	0.34	0.52	0.26
Non Current Liabilities Total	0.82	0.99	0.99	-0.09	0.42	0.91	0.99	0.99	-0.06	0.43	0.46	0.99	0.03	0.45	0.5		0.6	0.58	1.0	0.58	-0.06	-0.44	0.83	0.89	0.98	0.74
Inventory	0.68	0.63	0.6	-0.24	0.69	0.66	0.62	0.6	0.33	0.84	0.24	0.6	0.25	0.26	0.84	0.6		0.65	0.63	0.86	0.01	-0.46	0.62	0.59	0.63	0.32
Other Current Assets	0.39	0.62	0.51	-0.08	0.64	0.55	0.54	0.51	0.58	0.63	0.38	0.59	0.27	0.43	0.69	0.58	0.65		0.62	0.76	0.2	-0.39	0.29	0.44	0.56	0.26
Total Liab	0.81	0.99	0.98	-0.1	0.49	0.91	0.99	0.98	-0.01	0.49	0.46	0.99	0.03	0.45	0.56	1.0	0.63	0.62		0.62	0.01	-0.48	0.82	0.88	0.98	0.74
Total Current Assets	0.49	0.6	0.56	-0.25	0.83	0.5	0.56	0.55	0.53	0.89	0.54	0.56	0.09	0.56	0.96	0.58	0.86	0.76	0.62		0.25	-0.61	0.49	0.4	0.57	0.3
Short Term Debt	-0.19	-0.02	-0.05	-0.14	0.68	-0.19	-0.05	-0.05	0.13	0.33	-0.03	-0.03	-0.4	0.0	0.36	-0.06	0.01	0.2	0.01	0.25		-0.45	-0.12	-0.24	-0.04	0.11
Common Stock	-0.43	-0.43	-0.49	0.07	-0.73	-0.23	-0.46	-0.49	-0.13	-0.71	-0.29	-0.41	0.21	-0.3	-0.63	-0.44	-0.46	-0.39	-0.48	-0.61	-0.45		-0.52	-0.17	-0.39	-0.15
Common Stock Total Equity	0.96	0.81	0.89	-0.21	0.37	0.82	0.88	0.89	-0.35	0.46	0.29	0.81	-0.03	0.25	0.46	0.83	0.62	0.29	0.82	0.49	-0.12	-0.52		0.85	0.86	0.51
Other Stockholder Equity	0.87	0.91	0.89	-0.08	0.23	0.99	0.91	0.9	-0.22	0.29	0.23	0.91	0.24	0.21	0.34	0.89	0.59	0.44	0.88	0.4	-0.24	-0.17	0.85		0.92	0.62
Property Plant And Equipment Gross	0.87	0.98	0.98	-0.2	0.44	0.93	0.99	0.98	-0.13	0.44	0.37	0.98	-0.02	0.36	0.52	0.98	0.63	0.56	0.98	0.57	-0.04	-0.39	0.86	0.92		0.77
Other Liab	0.55	0.71	0.73	-0.31	0.27	0.6	0.73	0.73	-0.24	0.1	0.34	0.72	-0.43	0.33	0.26	0.74	0.32	0.26	0.74	0.3	0.11	-0.15	0.51	0.62	0.77

Click cells to compare fundamentals

ONEOK Account Relationship Matchups

ONEOK fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	415.4M	431.8M	447.4M	448.4M	485.4M	509.7M
Total Assets	21.8B	23.1B	23.6B	24.4B	47.4B	49.7B
Short Long Term Debt Total	12.7B	14.3B	13.7B	13.7B	21.8B	22.9B
Other Current Liab	390.0M	269.4M	609.5M	(1.7T)	1.3B	1.3B
Total Current Liabilities	2.0B	1.3B	3.2B	3.1B	3.5B	2.5B
Total Stockholder Equity	6.2B	6.0B	6.0B	6.5B	16.5B	17.3B
Property Plant And Equipment Net	18.3B	19.2B	19.3B	20.0B	32.7B	34.3B
Net Debt	12.7B	13.8B	13.6B	13.5B	21.4B	22.5B
Accounts Payable	1.2B	719.3M	1.3B	1.4B	1.6B	1.0B
Cash	21.0M	524.5M	146.4M	220.2M	338M	354.9M
Non Current Assets Total	20.3B	21.2B	21.2B	21.8B	44.3B	46.5B
Non Currrent Assets Other	(362.7M)	(669.2B)	(1.2T)	(1.7T)	319M	335.0M
Cash And Short Term Investments	21.0M	524.5M	146.4M	220.2M	338M	354.9M
Net Receivables	835.1M	829.8M	1.4B	1.5B	1.7B	1.1B
Liabilities And Stockholders Equity	21.8B	23.1B	23.6B	24.4B	47.4B	49.7B
Non Current Liabilities Total	13.6B	15.7B	14.4B	14.8B	27.4B	28.8B
Inventory	506.7M	371.0M	580.9M	580.7M	787M	462.1M
Other Current Assets	82.3M	132.5M	165.7M	171.5M	278M	264.1M
Total Liab	15.6B	17.0B	17.6B	17.9B	30.9B	32.4B
Total Current Assets	1.5B	1.9B	2.4B	2.5B	3.1B	2.1B
Short Term Debt	229.6M	21.3M	909.6M	937.3M	507M	787.2M
Other Stockholder Equity	6.6B	6.6B	6.5B	6.5B	15.6B	16.4B
Property Plant And Equipment Gross	18.3B	19.2B	23.8B	25.0B	38.5B	40.4B
Accumulated Other Comprehensive Income	(374M)	(551.4M)	(471.4M)	(108.3M)	(33M)	(34.7M)
Other Liab	936.5M	1.2B	1.6B	2.1B	2.4B	2.5B
Other Assets	157.7M	375.1M	366.5M	241.3M	217.2M	417.6M
Long Term Debt	12.5B	14.2B	12.7B	12.7B	21.2B	22.2B
Treasury Stock	(851.8M)	(808.4M)	(764.3M)	(732.1M)	(658.9M)	(691.8M)
Intangible Assets	276.8M	246.1M	235.7M	225.3M	1.3B	1.4B
Property Plant Equipment	18.3B	19.3B	19.3B	82.8M	95.3M	90.5M
Current Deferred Revenue	190.8M	334.6M	333.1M	1.7T	104M	98.8M
Net Tangible Assets	6.2B	5.3B	5.3B	5.7B	6.6B	6.9B
Short Term Investments	1.3M	19.0M	805.0M	11M	12.7M	12.0M

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When determining whether ONEOK Inc is a strong investment it is important to analyze ONEOK's 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 ONEOK's future performance. For an informed investment choice regarding ONEOK Stock, refer to the following important reports:

How To Invest In ONEOK

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Is ONEOK Stock a good investment?

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What is ONEOK's Net Worth?

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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ONEOK Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry.

You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..

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When running ONEOK's price analysis, check to measure ONEOK'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 ONEOK is operating at the current time. Most of ONEOK's value examination focuses on studying past and present price action to predict the probability of ONEOK's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ONEOK's price. Additionally, you may evaluate how the addition of ONEOK to your portfolios can decrease your overall portfolio volatility.

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Is ONEOK's 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 ONEOK. If investors know ONEOK 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 ONEOK 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

0.09

Dividend Share

3.855

Earnings Share

5.48

Revenue Per Share

36.5

Quarterly Revenue Growth

0.04

The market value of ONEOK Inc is measured differently than its book value, which is the value of ONEOK that is recorded on the company's balance sheet. Investors also form their own opinion of ONEOK's value that differs from its market value or its book value, called intrinsic value, which is ONEOK's 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 ONEOK's market value can be influenced by many factors that don't directly affect ONEOK's 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 ONEOK's value and its price as these two are different measures arrived at by different means. Investors typically determine if ONEOK is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ONEOK's 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.

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ONEOK Long Term Debt vs Net Working Capital Analysis

Long Term Debt vs Net Working Capital

Long Term Debt vs Net Working Capital Correlation Analysis

Correlation Coefficient

Long Term Debt

Net Working Capital

ONEOK fundamental ratios Correlations

ONEOK Account Relationship Matchups

High Positive Relationship

High Negative Relationship

ONEOK fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Complementary Tools for ONEOK Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Property Plant And Equipment Net	+ 1.0	Short Long Term Debt Total
Net Debt	+ 1.0	Short Long Term Debt Total
Net Debt	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Total Liab	+ 1.0	Non Current Liabilities Total

Common Stock	- 0.73	Total Current Liabilities
Common Stock	- 0.71	Accounts Payable
Common Stock	- 0.63	Net Receivables
Common Stock	- 0.61	Total Current Assets
Common Stock Total Equity	- 0.52	Common Stock
Common Stock	- 0.49	Net Debt