ONEOK Net Debt vs Treasury Stock Analysis

OKE Stock

USD 81.42 0.36 0.44%

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 Net Debt and its Treasury Stock 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.

Net Debt vs Treasury Stock

Net Debt vs Treasury Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ONEOK Inc Net Debt account and Treasury Stock. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between ONEOK's Net Debt and Treasury Stock is -0.07. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Treasury Stock 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 Net Debt and Treasury Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of ONEOK Inc are associated (or correlated) with its Treasury Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Treasury Stock has no effect on the direction of Net Debt i.e., ONEOK's Net Debt and Treasury Stock go up and down completely randomly.

Correlation Coefficient

-0.07

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Treasury Stock

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

ONEOK Investors Sentiment

The influence of ONEOK's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in ONEOK. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.

Investor biases related to ONEOK's public news can be used to forecast risks associated with an investment in ONEOK. The trend in average sentiment can be used to explain how an investor holding ONEOK can time the market purely based on public headlines and social activities around ONEOK Inc. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

ONEOK's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for ONEOK's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average ONEOK's news discussions. The higher the estimated score, the more favorable is the investor's outlook on ONEOK.

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards ONEOK in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, ONEOK's short interest history, or implied volatility extrapolated from ONEOK options trading.

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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 Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.

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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 Net Debt vs Treasury Stock Analysis

Net Debt vs Treasury Stock

Net Debt vs Treasury Stock Correlation Analysis

Correlation Coefficient

Net Debt

Treasury Stock

ONEOK fundamental ratios Correlations

ONEOK Account Relationship Matchups

High Positive Relationship

High Negative Relationship

ONEOK fundamental ratios Accounts

ONEOK Investors Sentiment

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