ONEOK Non Current Assets Total vs Non Currrent Assets Other Analysis

0KCI Stock   99.85  1.61  1.64%   
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 Non Current Assets Total and its Non Currrent Assets Other accounts. Check out Trending Equities 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 closely tied with the direction of predictive economic indicators such as signals in board of governors.

Non Current Assets Total vs Non Currrent Assets Other

Non Current Assets Total vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ONEOK Inc Non Current Assets Total account and Non Currrent Assets Other. At this time, the significance of the direction appears to have no relationship.
The correlation between ONEOK's Non Current Assets Total and Non Currrent Assets Other is 0.08. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Non Currrent Assets Other 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 Non Current Assets Total and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of ONEOK Inc are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Non Current Assets Total i.e., ONEOK's Non Current Assets Total and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.08
Relationship DirectionPositive 
Relationship StrengthInsignificant

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
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 Trending Equities 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 closely tied with the direction of predictive economic indicators such as signals in board of governors.
Tax Provision is likely to gain to about 317.5 M in 2024, whereas Selling General Administrative is likely to drop slightly above 13.2 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit3.7B3.9B5.0B5.2B
Total Revenue16.5B22.4B17.7B18.6B

ONEOK fundamental ratios Correlations

0.820.880.580.340.840.880.88-0.260.440.240.83-0.010.220.440.850.680.170.840.49-0.16-0.430.890.270.54-0.4
0.820.980.740.480.930.990.980.070.490.431.00.090.420.550.990.640.430.990.610.0-0.460.920.080.87-0.46
0.880.980.690.430.91.01.0-0.080.440.430.98-0.030.410.50.990.60.320.990.56-0.03-0.490.910.130.79-0.52
0.580.740.690.80.650.70.690.410.840.410.720.140.430.880.710.890.690.750.910.18-0.580.590.080.58-0.41
0.340.480.430.80.320.440.430.380.890.20.45-0.110.230.90.440.690.70.520.830.69-0.730.260.210.26-0.53
0.840.930.90.650.320.930.90.020.390.280.940.310.270.440.890.660.310.890.5-0.18-0.230.990.060.89-0.22
0.880.991.00.70.440.931.0-0.060.450.390.990.020.380.50.990.620.340.990.56-0.04-0.460.930.130.82-0.49
0.880.981.00.690.430.91.0-0.10.440.40.98-0.030.390.50.990.60.310.990.55-0.03-0.490.910.130.79-0.52
-0.260.07-0.080.410.380.02-0.06-0.10.470.320.030.50.370.50.00.340.750.050.540.11-0.15-0.14-0.180.180.07
0.440.490.440.840.890.390.450.440.470.170.450.140.190.940.450.840.680.510.880.35-0.710.320.20.23-0.52
0.240.430.430.410.20.280.390.40.320.170.41-0.061.00.330.470.240.450.470.54-0.05-0.290.240.030.31-0.36
0.831.00.980.720.450.940.990.980.030.450.410.080.390.510.990.610.40.990.57-0.02-0.440.920.070.87-0.46
-0.010.09-0.030.14-0.110.310.02-0.030.50.14-0.060.08-0.050.04-0.010.250.22-0.010.09-0.410.210.23-0.50.330.31
0.220.420.410.430.230.270.380.390.370.191.00.39-0.050.350.460.260.50.460.56-0.02-0.30.220.030.31-0.33
0.440.550.50.880.90.440.50.50.50.940.330.510.040.350.520.840.710.580.960.37-0.630.360.290.31-0.48
0.850.990.990.710.440.890.990.990.00.450.470.99-0.010.460.520.610.381.00.59-0.04-0.490.890.120.8-0.51
0.680.640.60.890.690.660.620.60.340.840.240.610.250.260.840.610.550.640.860.03-0.460.610.240.44-0.25
0.170.430.320.690.70.310.340.310.750.680.450.40.220.50.710.380.550.440.780.35-0.470.190.070.37-0.19
0.840.990.990.750.520.890.990.990.050.510.470.99-0.010.460.581.00.640.440.640.04-0.530.880.130.8-0.53
0.490.610.560.910.830.50.560.550.540.880.540.570.090.560.960.590.860.780.640.25-0.610.420.250.39-0.45
-0.160.0-0.030.180.69-0.18-0.04-0.030.110.35-0.05-0.02-0.41-0.020.37-0.040.030.350.040.25-0.46-0.20.13-0.1-0.33
-0.43-0.46-0.49-0.58-0.73-0.23-0.46-0.49-0.15-0.71-0.29-0.440.21-0.3-0.63-0.49-0.46-0.47-0.53-0.61-0.46-0.22-0.07-0.090.86
0.890.920.910.590.260.990.930.91-0.140.320.240.920.230.220.360.890.610.190.880.42-0.2-0.220.080.84-0.23
0.270.080.130.080.210.060.130.13-0.180.20.030.07-0.50.030.290.120.240.070.130.250.13-0.070.08-0.12-0.06
0.540.870.790.580.260.890.820.790.180.230.310.870.330.310.310.80.440.370.80.39-0.1-0.090.84-0.12-0.11
-0.4-0.46-0.52-0.41-0.53-0.22-0.49-0.520.07-0.52-0.36-0.460.31-0.33-0.48-0.51-0.25-0.19-0.53-0.45-0.330.86-0.23-0.06-0.11
Click cells to compare fundamentals

ONEOK Account Relationship Matchups

ONEOK fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding415.4M431.8M447.4M448.4M485.4M509.7M
Total Assets21.8B23.1B23.6B24.4B44.3B46.5B
Short Long Term Debt Total12.7B14.3B13.7B13.7B21.8B22.9B
Other Current Liab488.8M512.4M697.0M619.6M1.2B635.8M
Total Current Liabilities2.0B1.3B3.2B3.1B3.5B2.5B
Total Stockholder Equity6.2B6.0B6.0B6.5B16.5B17.3B
Property Plant And Equipment Net18.3B19.2B19.3B20.0B32.7B34.3B
Net Debt12.7B13.8B13.6B13.5B21.4B22.5B
Accounts Payable1.2B719.3M1.3B1.4B1.6B1.0B
Cash21.0M524.5M146.4M220.2M338M354.9M
Non Current Assets Total20.3B21.2B21.2B21.8B41.2B43.2B
Non Currrent Assets Other(362.7M)(669.2B)(1.2T)(1.7T)319M335.0M
Cash And Short Term Investments21.0M524.5M146.4M220.2M338M354.9M
Net Receivables835.1M829.8M1.4B1.5B1.7B1.1B
Liabilities And Stockholders Equity21.8B23.1B23.6B24.4B44.3B46.5B
Non Current Liabilities Total13.6B15.7B14.4B14.8B24.3B25.5B
Inventory506.7M371.0M580.9M580.7M787M462.1M
Other Current Assets107.6M144.5M205.3M214.5M278M286.0M
Total Liab15.6B17.0B17.6B17.9B27.8B29.2B
Total Current Assets1.5B1.9B2.4B2.5B3.1B2.1B
Short Term Debt321.6M23.4M1.1B937M507M797.8M
Other Stockholder Equity6.6B6.6B6.5B6.5B15.6B16.4B
Accumulated Other Comprehensive Income(374M)(551.4M)(471.4M)(108.3M)(33M)(34.7M)
Current Deferred Revenue190.8M334.6M333.1M1.7T104M98.8M
Intangible Assets276.8M246.1M235.7M225.3M1.3B1.4B
Other Assets157.7M375.1M276.9M241.3M217.2M206.3M
Long Term Debt8.1B8.9B12.5B14.2B16.4B11.4B
Capital Surpluse6.6B7.6B7.4B7.4B8.5B6.6B
Treasury Stock(876.7M)(851.8M)(808.4M)(764.3M)(878.9M)(922.9M)
Other Liab936.5M1.2B1.6B2.1B2.4B1.2B
Net Tangible Assets5.3B5.3B5.3B5.7B6.6B5.8B
Property Plant Equipment18.4B19.3B19.4B20.0B23.0B19.2B

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