ONE Gas Balance Sheet Health
Financial Health criteria checks 0/6
ONE Gas has a total shareholder equity of $2.8B and total debt of $3.2B, which brings its debt-to-equity ratio to 113.4%. Its total assets and total liabilities are $7.8B and $5.0B respectively. ONE Gas's EBIT is $375.3M making its interest coverage ratio 3. It has cash and short-term investments of $10.7M.
Key information
113.4%
Debt to equity ratio
US$3.21b
Debt
| Interest coverage ratio | 3x |
| Cash | US$10.74m |
| Equity | US$2.83b |
| Total liabilities | US$5.00b |
| Total assets | US$7.83b |
Recent financial health updates
These 4 Measures Indicate That ONE Gas (NYSE:OGS) Is Using Debt Extensively
Jan 25
Here's Why ONE Gas (NYSE:OGS) Is Weighed Down By Its Debt Load
Oct 13Recent updates
Estimating The Fair Value Of ONE Gas, Inc. (NYSE:OGS)
Jul 18The Returns At ONE Gas (NYSE:OGS) Aren't Growing
Jun 27ONE Gas, Inc. Recorded A 28% Miss On Revenue: Analysts Are Revisiting Their Models
May 09ONE Gas, Inc.'s (NYSE:OGS) Business Is Trailing The Market But Its Shares Aren't
Apr 12ONE Gas' Promise Of Dividend Growth, And Its Cheap Valuation
Apr 06The Returns At ONE Gas (NYSE:OGS) Aren't Growing
Mar 19Calculating The Intrinsic Value Of ONE Gas, Inc. (NYSE:OGS)
Feb 05ONE Gas: Balance Sheet Concerns, Hold
Dec 26Pinning Down ONE Gas, Inc.'s (NYSE:OGS) P/E Is Difficult Right Now
Dec 23Slowing Rates Of Return At ONE Gas (NYSE:OGS) Leave Little Room For Excitement
Dec 01A Look At The Intrinsic Value Of ONE Gas, Inc. (NYSE:OGS)
Oct 11ONE Gas: Decent Dividend But Lacking Value Otherwise
Oct 03ONE Gas: Capital-Intensive, Low-Margin Business With No Production Advantages
Sep 21Returns At ONE Gas (NYSE:OGS) Appear To Be Weighed Down
Aug 04ONE Gas, Inc.'s (NYSE:OGS) Intrinsic Value Is Potentially 22% Below Its Share Price
Jul 08ONE Gas: Solid Fundamentals, But The Price Is High
Jun 20Do ONE Gas' (NYSE:OGS) Earnings Warrant Your Attention?
Jun 09New Forecasts: Here's What Analysts Think The Future Holds For ONE Gas, Inc. (NYSE:OGS)
May 07ONE Gas (NYSE:OGS) Will Pay A Larger Dividend Than Last Year At $0.65
May 05Slowing Rates Of Return At ONE Gas (NYSE:OGS) Leave Little Room For Excitement
Apr 01ONE Gas GAAP EPS of $1.23 beats by $0.01, revenue of $818.2M beats by $147.7M
Feb 22ONE Gas (NYSE:OGS) Is Increasing Its Dividend To $0.65
Jan 28These 4 Measures Indicate That ONE Gas (NYSE:OGS) Is Using Debt Extensively
Jan 25ONE Gas raises quarterly dividend by 4.8% to $0.65/share
Jan 24ONE Gas (NYSE:OGS) Has Some Way To Go To Become A Multi-Bagger
Dec 25ONE Gas Drops 18% In One Day - What Happens Now?
Dec 07Here's Why ONE Gas (NYSE:OGS) Has Caught The Eye Of Investors
Dec 06ONE Gas GAAP EPS of $0.44 beats by $0.02, revenue of $359.36M beats by $79.31M
Oct 31Here's Why ONE Gas (NYSE:OGS) Is Weighed Down By Its Debt Load
Oct 13Technicals And Fundamentals Align For Big Gains In ONE Gas
Oct 12ONE Gas: A Steady Wealth Compounder For Long-Term Investors
Sep 22Return Trends At ONE Gas (NYSE:OGS) Aren't Appealing
Sep 05Estimating The Fair Value Of ONE Gas, Inc. (NYSE:OGS)
Aug 08Financial Position Analysis
Short Term Liabilities: OGS's short term assets ($600.2M) do not cover its short term liabilities ($1.5B).
Long Term Liabilities: OGS's short term assets ($600.2M) do not cover its long term liabilities ($3.5B).
Debt to Equity History and Analysis
Debt Level: OGS's net debt to equity ratio (113.1%) is considered high.
Reducing Debt: OGS's debt to equity ratio has increased from 74.9% to 113.4% over the past 5 years.
Debt Coverage: OGS's debt is not well covered by operating cash flow (13.8%).
Interest Coverage: OGS's interest payments on its debt are not well covered by EBIT (3x coverage).