ONEOK Total Stockholder Equity vs Retained Earnings Analysis
OKE Stock | USD 81.68 1.08 1.34% |
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 Total Stockholder Equity and its Retained Earnings 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.
Total Stockholder Equity vs Retained Earnings
Total Stockholder Equity vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ONEOK Inc Total Stockholder Equity account and Retained Earnings. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between ONEOK's Total Stockholder Equity and Retained Earnings is -0.06. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Retained Earnings 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 Total Stockholder Equity and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of ONEOK Inc are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Total Stockholder Equity i.e., ONEOK's Total Stockholder Equity and Retained Earnings go up and down completely randomly.
Correlation Coefficient | -0.06 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.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 |
ONEOK fundamental ratios Correlations
Click cells to compare fundamentals
ONEOK Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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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 (0.53) | Dividend Share 3.89 | Earnings Share 4.23 | Revenue Per Share 34.606 | Quarterly Revenue Growth 0.058 |
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.