ONEOK Balance Sheet Health

Financial Health criteria checks 3/6

ONEOK has a total shareholder equity of $16.5B and total debt of $21.7B, which brings its debt-to-equity ratio to 131.4%. Its total assets and total liabilities are $44.3B and $27.8B respectively. ONEOK's EBIT is $3.5B making its interest coverage ratio 4. It has cash and short-term investments of $338.0M.

Key information

131.4%

Debt to equity ratio

US$21.67b

Debt

Interest coverage ratio4x
CashUS$338.00m
EquityUS$16.48b
Total liabilitiesUS$27.78b
Total assetsUS$44.27b

Recent financial health updates

Recent updates

ONEOK: Waiting For A Better Valuation On This 5%-Yielding Stock

Mar 06

Earnings Report: ONEOK, Inc. Missed Revenue Estimates By 9.5%

Feb 28
Earnings Report: ONEOK, Inc. Missed Revenue Estimates By 9.5%

ONEOK Navigates New Waters With Magellan

Feb 27

Should You Be Adding ONEOK (NYSE:OKE) To Your Watchlist Today?

Feb 26
Should You Be Adding ONEOK (NYSE:OKE) To Your Watchlist Today?

ONEOK: Solid Company, But Bakken Weather Likely To Impact Q1

Feb 05

Here's Why ONEOK (NYSE:OKE) Can Manage Its Debt Responsibly

Jan 17
Here's Why ONEOK (NYSE:OKE) Can Manage Its Debt Responsibly

ONEOK's Premium May Be Justified By Growth

Jan 15

ONEOK, Inc. (NYSE:OKE) Shares Could Be 21% Below Their Intrinsic Value Estimate

Jan 02
ONEOK, Inc. (NYSE:OKE) Shares Could Be 21% Below Their Intrinsic Value Estimate

ONEOK: Deleveraging Likely To Limit Dividend Growth

Dec 28

ONEOK, Inc.'s (NYSE:OKE) Popularity With Investors Is Under Threat From Overpricing

Dec 18
ONEOK, Inc.'s (NYSE:OKE) Popularity With Investors Is Under Threat From Overpricing

ONEOK: Get Paid A 6% Yield And Beat The S&P 500

Nov 24

Here's Why ONEOK (NYSE:OKE) Has Caught The Eye Of Investors

Nov 21
Here's Why ONEOK (NYSE:OKE) Has Caught The Eye Of Investors

Is 6%-Yielding ONEOK An Unbeatable S&P 500 Income Play?

Oct 24

ONEOK: Strong Asset Base And The Magellan Deal Add More Fuel

Oct 12

Does ONEOK (NYSE:OKE) Have A Healthy Balance Sheet?

Sep 22
Does ONEOK (NYSE:OKE) Have A Healthy Balance Sheet?

Magellan Midstream Partners And ONEOK: The Upcoming Vote Is Heating Up

Sep 08

A Look At The Fair Value Of ONEOK, Inc. (NYSE:OKE)

Sep 06
A Look At The Fair Value Of ONEOK, Inc. (NYSE:OKE)

ONEOK: Expanding Competitive Advantage Amidst Inherent Risks

Aug 25

Is Now The Time To Put ONEOK (NYSE:OKE) On Your Watchlist?

Aug 08
Is Now The Time To Put ONEOK (NYSE:OKE) On Your Watchlist?

ONEOK Has Reliable Cash Flow Growth Potential

Jul 31

ONEOK - Buying For The Dividend And The Growth

Jul 22

ONEOK: Captivating Dividend Yield And Secular Growth Potential

Jun 20

Is ONEOK (NYSE:OKE) Using Too Much Debt?

Jun 06
Is ONEOK (NYSE:OKE) Using Too Much Debt?

An Intrinsic Calculation For ONEOK, Inc. (NYSE:OKE) Suggests It's 32% Undervalued

May 22
An Intrinsic Calculation For ONEOK, Inc. (NYSE:OKE) Suggests It's 32% Undervalued

ONEOK's (NYSE:OKE) Shareholders Will Receive A Bigger Dividend Than Last Year

Apr 24
ONEOK's (NYSE:OKE) Shareholders Will Receive A Bigger Dividend Than Last Year

ONEOK (NYSE:OKE) Is Looking To Continue Growing Its Returns On Capital

Mar 19
ONEOK (NYSE:OKE) Is Looking To Continue Growing Its Returns On Capital

ONEOK (NYSE:OKE) Has A Somewhat Strained Balance Sheet

Mar 07
ONEOK (NYSE:OKE) Has A Somewhat Strained Balance Sheet

ONEOK Q4 2022 Earnings Preview

Feb 26

ONEOK (NYSE:OKE) Ticks All The Boxes When It Comes To Earnings Growth

Feb 22
ONEOK (NYSE:OKE) Ticks All The Boxes When It Comes To Earnings Growth

ONEOK: 25+ Years Of Uninterrupted Dividends From This Toll Road-Like Business

Feb 20

ONEOK raises quarterly dividend by 2.1% to $0.955/share

Jan 18

Calculating The Fair Value Of ONEOK, Inc. (NYSE:OKE)

Jan 16
Calculating The Fair Value Of ONEOK, Inc. (NYSE:OKE)

ONEOK: Buy This 5.4% Yielding Retirement Dream Blue-Chip

Jan 12

ONEOK files application for new natural gas pipeline near U.S.-Mexico border

Dec 20

ONEOK: A Clear Beneficiary Of The Russia-Europe Problem

Dec 12

ONEOK (NYSE:OKE) Is Experiencing Growth In Returns On Capital

Dec 11
ONEOK (NYSE:OKE) Is Experiencing Growth In Returns On Capital

Does ONEOK (NYSE:OKE) Have A Healthy Balance Sheet?

Nov 29
Does ONEOK (NYSE:OKE) Have A Healthy Balance Sheet?

Here's Why We Think ONEOK (NYSE:OKE) Is Well Worth Watching

Nov 17
Here's Why We Think ONEOK (NYSE:OKE) Is Well Worth Watching

ONEOK prices $750M senior notes offering

Nov 16

ONEOK: 6% Yield, 9% Dividend Growth, Q3 Earnings This Week

Oct 30

ONEOK declares $0.935 dividend

Oct 19

ONEOK: A Smart 7.4% Yield To Turbocharge Your Retirement

Sep 27

Estimating The Fair Value Of ONEOK, Inc. (NYSE:OKE)

Sep 19
Estimating The Fair Value Of ONEOK, Inc. (NYSE:OKE)

ONEOK: The Good And The Bad Of Higher Gas Prices

Aug 27

Is ONEOK (NYSE:OKE) A Risky Investment?

Aug 26
Is ONEOK (NYSE:OKE) A Risky Investment?

Growth Investors: Industry Analysts Just Upgraded Their ONEOK, Inc. (NYSE:OKE) Revenue Forecasts By 13%

Aug 14
Growth Investors: Industry Analysts Just Upgraded Their ONEOK, Inc. (NYSE:OKE) Revenue Forecasts By 13%

Financial Position Analysis

Short Term Liabilities: OKE's short term assets ($3.1B) do not cover its short term liabilities ($3.5B).

Long Term Liabilities: OKE's short term assets ($3.1B) do not cover its long term liabilities ($24.3B).


Debt to Equity History and Analysis

Debt Level: OKE's net debt to equity ratio (129.4%) is considered high.

Reducing Debt: OKE's debt to equity ratio has reduced from 144.1% to 131.4% over the past 5 years.

Debt Coverage: OKE's debt is well covered by operating cash flow (20.4%).

Interest Coverage: OKE's interest payments on its debt are well covered by EBIT (4x coverage).


Balance Sheet


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