ONEOK Capital Expenditures vs Investments Analysis

0KCI Stock

101.01 0.53 0.53%

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 Capital Expenditures and its Investments 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.

Capital Expenditures vs Investments

Capital Expenditures vs Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ONEOK Inc Capital Expenditures account and Investments. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between ONEOK's Capital Expenditures and Investments is 0.56. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Investments 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 Capital Expenditures and Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Expenditures of ONEOK Inc are associated (or correlated) with its Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Investments has no effect on the direction of Capital Expenditures i.e., ONEOK's Capital Expenditures and Investments go up and down completely randomly.

Correlation Coefficient

0.56

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Capital Expenditures

Capital Expenditures are funds used by ONEOK Inc to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of ONEOK operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

Investments

Securities or assets acquired for generating income or appreciating in value, not used in daily operations.

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 2025, whereas Selling General Administrative is likely to drop slightly above 13.2 M in 2025.

	2022	2023	2024	2025 (projected)
Gross Profit	3.9B	5.0B	5.7B	6.0B
Total Revenue	22.4B	17.7B	20.3B	21.3B

Gross Profit Total Revenue

ONEOK fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Other Stockholder Equity	Current Deferred Revenue	Good Will	Short Term Investments
Common Stock Shares Outstanding		0.87	0.91	0.77	0.43	0.89	0.91	0.91	-0.15	0.51	0.36	0.87	0.09	0.34	0.52	0.89	0.71	0.24	0.88	0.57	-0.17	-0.4	0.92	0.19	0.69	-0.38
Total Assets	0.87		0.99	0.95	0.56	0.96	0.99	0.99	0.14	0.56	0.51	1.0	0.19	0.51	0.62	0.99	0.71	0.44	0.99	0.68	-0.05	-0.4	0.95	0.02	0.92	-0.4
Short Long Term Debt Total	0.91	0.99		0.91	0.52	0.94	1.0	1.0	0.02	0.52	0.52	0.99	0.09	0.5	0.58	1.0	0.68	0.36	0.99	0.64	-0.07	-0.43	0.94	0.06	0.87	-0.46
Other Current Liab	0.77	0.95	0.91		0.69	0.91	0.92	0.9	0.4	0.67	0.53	0.94	0.29	0.54	0.74	0.92	0.77	0.65	0.94	0.79	0.08	-0.43	0.86	-0.02	0.9	-0.33
Total Current Liabilities	0.43	0.56	0.52	0.69		0.45	0.53	0.52	0.4	0.91	0.28	0.54	-0.02	0.3	0.92	0.53	0.76	0.69	0.58	0.86	0.58	-0.68	0.41	0.16	0.42	-0.5
Total Stockholder Equity	0.89	0.96	0.94	0.91	0.45		0.95	0.94	0.1	0.49	0.41	0.96	0.35	0.4	0.55	0.93	0.73	0.35	0.93	0.61	-0.19	-0.22	0.99	0.01	0.93	-0.21
Property Plant And Equipment Net	0.91	0.99	1.0	0.92	0.53	0.95		1.0	0.04	0.53	0.49	1.0	0.13	0.48	0.59	1.0	0.69	0.37	0.99	0.64	-0.08	-0.4	0.95	0.06	0.89	-0.42
Net Debt	0.91	0.99	1.0	0.9	0.52	0.94	1.0		0.01	0.52	0.5	0.99	0.09	0.48	0.58	1.0	0.68	0.35	0.99	0.64	-0.07	-0.42	0.94	0.06	0.87	-0.45
Retained Earnings	-0.15	0.14	0.02	0.4	0.4	0.1	0.04	0.01		0.48	0.34	0.11	0.51	0.39	0.5	0.08	0.35	0.76	0.12	0.53	0.09	-0.16	-0.03	-0.19	0.23	0.06
Accounts Payable	0.51	0.56	0.52	0.67	0.91	0.49	0.53	0.52	0.48		0.25	0.54	0.21	0.27	0.95	0.53	0.87	0.67	0.57	0.91	0.27	-0.67	0.44	0.15	0.39	-0.5
Cash	0.36	0.51	0.52	0.53	0.28	0.41	0.49	0.5	0.34	0.25		0.5	0.0	1.0	0.39	0.55	0.33	0.47	0.54	0.57	-0.07	-0.29	0.37	0.01	0.43	-0.36
Non Current Assets Total	0.87	1.0	0.99	0.94	0.54	0.96	1.0	0.99	0.11	0.54	0.5		0.18	0.49	0.6	0.99	0.69	0.41	0.99	0.65	-0.06	-0.38	0.95	0.01	0.93	-0.39
Non Currrent Assets Other	0.09	0.19	0.09	0.29	-0.02	0.35	0.13	0.09	0.51	0.21	0.0	0.18		0.02	0.12	0.11	0.31	0.24	0.11	0.17	-0.42	0.19	0.29	-0.51	0.37	0.29
Cash And Short Term Investments	0.34	0.51	0.5	0.54	0.3	0.4	0.48	0.48	0.39	0.27	1.0	0.49	0.02		0.41	0.54	0.35	0.52	0.53	0.59	-0.04	-0.31	0.36	0.0	0.43	-0.33
Net Receivables	0.52	0.62	0.58	0.74	0.92	0.55	0.59	0.58	0.5	0.95	0.39	0.6	0.12	0.41		0.6	0.88	0.69	0.64	0.97	0.28	-0.58	0.49	0.23	0.47	-0.45
Non Current Liabilities Total	0.89	0.99	1.0	0.92	0.53	0.93	1.0	1.0	0.08	0.53	0.55	0.99	0.11	0.54	0.6		0.68	0.41	1.0	0.66	-0.08	-0.43	0.93	0.05	0.88	-0.45
Inventory	0.71	0.71	0.68	0.77	0.76	0.73	0.69	0.68	0.35	0.87	0.33	0.69	0.31	0.35	0.88	0.68		0.54	0.7	0.9	-0.03	-0.41	0.69	0.16	0.59	-0.24
Other Current Assets	0.24	0.44	0.36	0.65	0.69	0.35	0.37	0.35	0.76	0.67	0.47	0.41	0.24	0.52	0.69	0.41	0.54		0.45	0.74	0.33	-0.48	0.25	0.06	0.39	-0.2
Total Liab	0.88	0.99	0.99	0.94	0.58	0.93	0.99	0.99	0.12	0.57	0.54	0.99	0.11	0.53	0.64	1.0	0.7	0.45		0.7	-0.01	-0.45	0.92	0.06	0.88	-0.46
Total Current Assets	0.57	0.68	0.64	0.79	0.86	0.61	0.64	0.64	0.53	0.91	0.57	0.65	0.17	0.59	0.97	0.66	0.9	0.74	0.7		0.17	-0.55	0.55	0.18	0.54	-0.42
Short Term Debt	-0.17	-0.05	-0.07	0.08	0.58	-0.19	-0.08	-0.07	0.09	0.27	-0.07	-0.06	-0.42	-0.04	0.28	-0.08	-0.03	0.33	-0.01	0.17		-0.45	-0.21	0.13	-0.12	-0.32
Common Stock	-0.4	-0.4	-0.43	-0.43	-0.68	-0.22	-0.4	-0.42	-0.16	-0.67	-0.29	-0.38	0.19	-0.31	-0.58	-0.43	-0.41	-0.48	-0.45	-0.55	-0.45		-0.21	-0.06	-0.1	0.86
Other Stockholder Equity	0.92	0.95	0.94	0.86	0.41	0.99	0.95	0.94	-0.03	0.44	0.37	0.95	0.29	0.36	0.49	0.93	0.69	0.25	0.92	0.55	-0.21	-0.21		0.03	0.9	-0.23
Current Deferred Revenue	0.19	0.02	0.06	-0.02	0.16	0.01	0.06	0.06	-0.19	0.15	0.01	0.01	-0.51	0.0	0.23	0.05	0.16	0.06	0.06	0.18	0.13	-0.06	0.03		-0.13	-0.06
Good Will	0.69	0.92	0.87	0.9	0.42	0.93	0.89	0.87	0.23	0.39	0.43	0.93	0.37	0.43	0.47	0.88	0.59	0.39	0.88	0.54	-0.12	-0.1	0.9	-0.13		-0.12
Short Term Investments	-0.38	-0.4	-0.46	-0.33	-0.5	-0.21	-0.42	-0.45	0.06	-0.5	-0.36	-0.39	0.29	-0.33	-0.45	-0.45	-0.24	-0.2	-0.46	-0.42	-0.32	0.86	-0.23	-0.06	-0.12

Click cells to compare fundamentals

ONEOK Account Relationship Matchups

ONEOK fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Common Stock Shares Outstanding	431.8M	447.4M	448.4M	485.4M	558.2M	586.1M
Total Assets	23.1B	23.6B	24.4B	44.3B	50.9B	53.5B
Short Long Term Debt Total	14.3B	13.7B	13.7B	21.8B	25.0B	26.3B
Other Current Liab	512.4M	697.0M	619.6M	1.2B	1.3B	1.4B
Total Current Liabilities	1.3B	3.2B	3.1B	3.5B	4.0B	2.5B
Total Stockholder Equity	6.0B	6.0B	6.5B	16.5B	19.0B	19.9B
Property Plant And Equipment Net	19.2B	19.3B	20.0B	32.7B	37.6B	39.5B
Net Debt	13.8B	13.6B	13.5B	21.4B	24.6B	25.9B
Accounts Payable	719.3M	1.3B	1.4B	1.6B	1.8B	1.0B
Cash	524.5M	146.4M	220.2M	338M	388.7M	408.1M
Non Current Assets Total	21.2B	21.2B	21.8B	41.2B	47.3B	49.7B
Non Currrent Assets Other	(669.2B)	(1.2T)	(1.7T)	319M	287.1M	301.5M
Cash And Short Term Investments	524.5M	146.4M	220.2M	338M	388.7M	408.1M
Net Receivables	829.8M	1.4B	1.5B	1.7B	2.0B	1.1B
Liabilities And Stockholders Equity	23.1B	23.6B	24.4B	44.3B	50.9B	53.5B
Non Current Liabilities Total	15.7B	14.4B	14.8B	24.3B	28.0B	29.4B
Inventory	371.0M	580.9M	580.7M	787M	905.1M	462.1M
Other Current Assets	144.5M	205.3M	214.5M	278M	250.2M	286.0M
Total Liab	17.0B	17.6B	17.9B	27.8B	31.9B	33.5B
Total Current Assets	1.9B	2.4B	2.5B	3.1B	3.6B	2.1B
Short Term Debt	23.4M	1.1B	937M	507M	583.1M	797.8M
Other Stockholder Equity	6.6B	6.5B	6.5B	15.6B	18.0B	18.9B
Accumulated Other Comprehensive Income	(551.4M)	(471.4M)	(108.3M)	(33M)	(29.7M)	(31.2M)
Current Deferred Revenue	334.6M	333.1M	1.7T	104M	119.6M	113.6M
Intangible Assets	246.1M	235.7M	225.3M	1.3B	1.5B	1.6B
Other Assets	157.7M	375.1M	276.9M	241.3M	217.2M	206.3M
Other Liab	936.5M	1.2B	1.6B	2.1B	2.4B	1.2B
Net Tangible Assets	5.3B	5.3B	5.3B	5.7B	6.6B	5.8B
Property Plant Equipment	18.4B	19.3B	19.4B	20.0B	23.0B	19.2B

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

NVDA	NVIDIA
CRESY	Cresud SACIF y
GOOG	Alphabet Inc Class C

Additional Tools for ONEOK Stock Analysis

When running ONEOK's price analysis, check to measure ONEOK's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ONEOK is operating at the current time. Most of ONEOK's value examination focuses on studying past and present price action to predict the probability of ONEOK's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ONEOK's price. Additionally, you may evaluate how the addition of ONEOK to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

ONEOK Capital Expenditures vs Investments Analysis

Capital Expenditures vs Investments

Capital Expenditures vs Investments Correlation Analysis

Correlation Coefficient

Capital Expenditures

Investments

ONEOK fundamental ratios Correlations

ONEOK Account Relationship Matchups

High Positive Relationship

High Negative Relationship

ONEOK fundamental ratios Accounts

Also Currently Popular

Additional Tools for ONEOK Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Property Plant And Equipment Net	+ 1.0	Short Long Term Debt Total
Net Debt	+ 1.0	Short Long Term Debt Total
Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
Net Debt	+ 1.0	Property Plant And Equipment Net
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net

Common Stock	- 0.68	Total Current Liabilities
Common Stock	- 0.67	Accounts Payable
Common Stock	- 0.58	Net Receivables
Common Stock	- 0.55	Total Current Assets
Current Deferred Revenue	- 0.51	Non Currrent Assets Other
Short Term Investments	- 0.5	Accounts Payable