ONE Gas Balance Sheet Health
Financial Health criteria checks 1/6
ONE Gas has a total shareholder equity of $3.4B and total debt of $3.4B, which brings its debt-to-equity ratio to 98.1%. Its total assets and total liabilities are $8.9B and $5.4B respectively. ONE Gas's EBIT is $458.7M making its interest coverage ratio 3.2. It has cash and short-term investments of $13.2M.
Key information
98.07%
Debt to equity ratio
US$3.37b
Debt
| Interest coverage ratio | 3.2x |
| Cash | US$13.25m |
| Equity | US$3.44b |
| Total liabilities | US$5.41b |
| Total assets | US$8.85b |
Recent financial health updates
Recent updates
ONE Gas' (NYSE:OGS) Shareholders Will Receive A Bigger Dividend Than Last Year
Feb 10
Is Now The Time To Look At Buying ONE Gas, Inc. (NYSE:OGS)?
Jan 21Despite Price Drop, ONE Gas Is Not A Bargain Yet
Dec 13ONE Gas, Inc. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
Nov 06Unpleasant Surprises Could Be In Store For ONE Gas, Inc.'s (NYSE:OGS) Shares
Oct 30Is Now The Time To Put ONE Gas (NYSE:OGS) On Your Watchlist?
Sep 09Here's What To Make Of ONE Gas' (NYSE:OGS) Decelerating Rates Of Return
Aug 22Calculating The Intrinsic Value Of ONE Gas, Inc. (NYSE:OGS)
Jul 28There's Reason For Concern Over ONE Gas, Inc.'s (NYSE:OGS) Price
Jun 30We Think Some Shareholders May Hesitate To Increase ONE Gas, Inc.'s (NYSE:OGS) CEO Compensation
May 16Earnings Update: ONE Gas, Inc. Beat Earnings And Now Analysts Have New Forecasts For This Year
May 09Estimating The Fair Value Of ONE Gas, Inc. (NYSE:OGS)
Apr 28ONE Gas: Valuation Looks Attractive At First, But This Does Not Tell The Whole Story
Apr 08
Innovations And Challenges Steer Gas Utility Toward Revenue And Margin Growth
Regulatory approval for increased rates after a settlement suggests enhanced future revenue stability and growth.ONE Gas' Promise Of Dividend Growth, And Its Cheap Valuation
Apr 06Financial Position Analysis
Short Term Liabilities: OGS's short term assets ($915.9M) do not cover its short term liabilities ($1.5B).
Long Term Liabilities: OGS's short term assets ($915.9M) do not cover its long term liabilities ($3.9B).
Debt to Equity History and Analysis
Debt Level: OGS's net debt to equity ratio (97.7%) is considered high.
Reducing Debt: OGS's debt to equity ratio has increased from 89.6% to 98.1% over the past 5 years.
Debt Coverage: OGS's debt is not well covered by operating cash flow (17.2%).
Interest Coverage: OGS's interest payments on its debt are well covered by EBIT (3.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/03/30 10:54 |
| End of Day Share Price | 2026/03/27 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
ONE Gas, Inc. is covered by 12 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Lynsey Prout | BofA Global Research |
| Timm Schneider | Evercore ISI |
| Julien Dumoulin-Smith | Jefferies LLC |