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 ratio | 4x |
Cash | US$338.00m |
Equity | US$16.48b |
Total liabilities | US$27.78b |
Total assets | US$44.27b |
Recent financial health updates
Here's Why ONEOK (NYSE:OKE) Can Manage Its Debt Responsibly
Jan 17Does ONEOK (NYSE:OKE) Have A Healthy Balance Sheet?
Sep 22Is ONEOK (NYSE:OKE) Using Too Much Debt?
Jun 06ONEOK (NYSE:OKE) Has A Somewhat Strained Balance Sheet
Mar 07Does ONEOK (NYSE:OKE) Have A Healthy Balance Sheet?
Nov 29Is ONEOK (NYSE:OKE) A Risky Investment?
Aug 26Recent updates
ONEOK: Waiting For A Better Valuation On This 5%-Yielding Stock
Mar 06Earnings Report: ONEOK, Inc. Missed Revenue Estimates By 9.5%
Feb 28ONEOK Navigates New Waters With Magellan
Feb 27Should You Be Adding ONEOK (NYSE:OKE) To Your Watchlist Today?
Feb 26ONEOK: Solid Company, But Bakken Weather Likely To Impact Q1
Feb 05Here's Why ONEOK (NYSE:OKE) Can Manage Its Debt Responsibly
Jan 17ONEOK's Premium May Be Justified By Growth
Jan 15ONEOK, Inc. (NYSE:OKE) Shares Could Be 21% Below Their Intrinsic Value Estimate
Jan 02ONEOK: Deleveraging Likely To Limit Dividend Growth
Dec 28ONEOK, Inc.'s (NYSE:OKE) Popularity With Investors Is Under Threat From Overpricing
Dec 18ONEOK: Get Paid A 6% Yield And Beat The S&P 500
Nov 24Here's Why ONEOK (NYSE:OKE) Has Caught The Eye Of Investors
Nov 21Is 6%-Yielding ONEOK An Unbeatable S&P 500 Income Play?
Oct 24ONEOK: Strong Asset Base And The Magellan Deal Add More Fuel
Oct 12Does ONEOK (NYSE:OKE) Have A Healthy Balance Sheet?
Sep 22Magellan Midstream Partners And ONEOK: The Upcoming Vote Is Heating Up
Sep 08A Look At The Fair Value Of ONEOK, Inc. (NYSE:OKE)
Sep 06ONEOK: Expanding Competitive Advantage Amidst Inherent Risks
Aug 25Is Now The Time To Put ONEOK (NYSE:OKE) On Your Watchlist?
Aug 08ONEOK Has Reliable Cash Flow Growth Potential
Jul 31ONEOK - Buying For The Dividend And The Growth
Jul 22ONEOK: Captivating Dividend Yield And Secular Growth Potential
Jun 20Is ONEOK (NYSE:OKE) Using Too Much Debt?
Jun 06An Intrinsic Calculation For ONEOK, Inc. (NYSE:OKE) Suggests It's 32% Undervalued
May 22ONEOK's (NYSE:OKE) Shareholders Will Receive A Bigger Dividend Than Last Year
Apr 24ONEOK (NYSE:OKE) Is Looking To Continue Growing Its Returns On Capital
Mar 19ONEOK (NYSE:OKE) Has A Somewhat Strained Balance Sheet
Mar 07ONEOK Q4 2022 Earnings Preview
Feb 26ONEOK (NYSE:OKE) Ticks All The Boxes When It Comes To Earnings Growth
Feb 22ONEOK: 25+ Years Of Uninterrupted Dividends From This Toll Road-Like Business
Feb 20ONEOK raises quarterly dividend by 2.1% to $0.955/share
Jan 18Calculating The Fair Value Of ONEOK, Inc. (NYSE:OKE)
Jan 16ONEOK: Buy This 5.4% Yielding Retirement Dream Blue-Chip
Jan 12ONEOK files application for new natural gas pipeline near U.S.-Mexico border
Dec 20ONEOK: A Clear Beneficiary Of The Russia-Europe Problem
Dec 12ONEOK (NYSE:OKE) Is Experiencing Growth In Returns On Capital
Dec 11Does ONEOK (NYSE:OKE) Have A Healthy Balance Sheet?
Nov 29Here's Why We Think ONEOK (NYSE:OKE) Is Well Worth Watching
Nov 17ONEOK prices $750M senior notes offering
Nov 16ONEOK: 6% Yield, 9% Dividend Growth, Q3 Earnings This Week
Oct 30ONEOK declares $0.935 dividend
Oct 19ONEOK: A Smart 7.4% Yield To Turbocharge Your Retirement
Sep 27Estimating The Fair Value Of ONEOK, Inc. (NYSE:OKE)
Sep 19ONEOK: The Good And The Bad Of Higher Gas Prices
Aug 27Is ONEOK (NYSE:OKE) A Risky Investment?
Aug 26Growth Investors: Industry Analysts Just Upgraded Their ONEOK, Inc. (NYSE:OKE) Revenue Forecasts By 13%
Aug 14Financial 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).