ONEOK Dividends Paid vs Other Non Cash Items Analysis

OKE Stock  USD 97.66  0.02  0.02%   
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 Dividends Paid and its Other Non Cash Items accounts. Check out Your Equity Center 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 industry.

Dividends Paid vs Other Non Cash Items

Dividends Paid vs Other Non Cash Items Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ONEOK Inc Dividends Paid account and Other Non Cash Items. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between ONEOK's Dividends Paid and Other Non Cash Items is -0.5. Overlapping area represents the amount of variation of Dividends Paid that can explain the historical movement of Other Non Cash Items 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 Dividends Paid and Other Non Cash Items is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Dividends Paid of ONEOK Inc are associated (or correlated) with its Other Non Cash Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Non Cash Items has no effect on the direction of Dividends Paid i.e., ONEOK's Dividends Paid and Other Non Cash Items go up and down completely randomly.

Correlation Coefficient

-0.5
Relationship DirectionNegative 
Relationship StrengthVery Weak

Dividends Paid

The total amount of dividends that a company has paid out to its shareholders over a specific period.

Other Non Cash Items

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 Your Equity Center 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 industry.
The current year's Enterprise Value is expected to grow to about 5.6 B, whereas Selling General Administrative is forecasted to decline to about 15.2 M.
 2021 2022 2023 2024 (projected)
Gross Profit3.7B3.9B5.0B5.2B
Total Revenue16.5B22.4B17.7B18.6B

ONEOK fundamental ratios Correlations

0.820.880.620.340.840.880.88-0.310.440.240.83-0.010.220.440.850.680.450.840.49-0.16-0.430.960.870.870.55
0.820.980.890.480.930.990.98-0.010.490.431.00.090.420.550.990.640.620.990.610.0-0.460.830.90.980.71
0.880.980.810.430.91.01.0-0.160.440.430.98-0.030.410.50.990.60.540.990.56-0.03-0.490.890.890.980.73
0.620.890.810.640.810.820.80.390.630.510.860.210.530.720.840.720.870.870.80.15-0.430.580.720.840.56
0.340.480.430.640.320.440.430.370.890.20.45-0.110.230.90.440.690.660.520.830.69-0.730.370.230.440.27
0.840.930.90.810.320.930.9-0.060.390.280.940.310.270.440.890.660.560.890.5-0.18-0.230.820.990.930.6
0.880.991.00.820.440.931.0-0.130.450.390.990.020.380.50.990.620.560.990.56-0.04-0.460.880.910.990.73
0.880.981.00.80.430.91.0-0.170.440.40.98-0.030.390.50.990.60.530.990.55-0.03-0.490.890.90.980.73
-0.31-0.01-0.160.390.37-0.06-0.13-0.170.480.29-0.050.480.340.49-0.080.330.51-0.030.530.12-0.13-0.35-0.22-0.13-0.24
0.440.490.440.630.890.390.450.440.480.180.460.150.20.940.460.840.650.520.890.34-0.710.460.290.440.1
0.240.430.430.510.20.280.390.40.290.180.41-0.061.00.330.470.240.380.470.54-0.03-0.290.290.230.370.34
0.831.00.980.860.450.940.990.98-0.050.460.410.080.390.510.990.610.590.990.57-0.02-0.440.830.910.980.72
-0.010.09-0.030.21-0.110.310.02-0.030.480.15-0.060.08-0.050.04-0.010.250.17-0.010.09-0.420.21-0.030.24-0.02-0.43
0.220.420.410.530.230.270.380.390.340.21.00.39-0.050.350.460.260.430.460.560.0-0.30.250.210.360.33
0.440.550.50.720.90.440.50.50.490.940.330.510.040.350.520.840.720.580.960.38-0.630.460.340.520.26
0.850.990.990.840.440.890.990.99-0.080.460.470.99-0.010.460.520.610.581.00.59-0.04-0.490.850.870.980.74
0.680.640.60.720.690.660.620.60.330.840.240.610.250.260.840.610.690.640.860.03-0.460.620.590.630.32
0.450.620.540.870.660.560.560.530.510.650.380.590.170.430.720.580.690.620.790.22-0.390.340.450.590.31
0.840.990.990.870.520.890.990.99-0.030.520.470.99-0.010.460.581.00.640.620.640.04-0.530.840.860.980.73
0.490.610.560.80.830.50.560.550.530.890.540.570.090.560.960.590.860.790.640.26-0.610.490.40.570.3
-0.160.0-0.030.150.69-0.18-0.04-0.030.120.34-0.03-0.02-0.420.00.38-0.040.030.220.040.26-0.45-0.1-0.23-0.020.12
-0.43-0.46-0.49-0.43-0.73-0.23-0.46-0.49-0.13-0.71-0.29-0.440.21-0.3-0.63-0.49-0.46-0.39-0.53-0.61-0.45-0.52-0.17-0.39-0.15
0.960.830.890.580.370.820.880.89-0.350.460.290.83-0.030.250.460.850.620.340.840.49-0.1-0.520.850.860.51
0.870.90.890.720.230.990.910.9-0.220.290.230.910.240.210.340.870.590.450.860.4-0.23-0.170.850.920.62
0.870.980.980.840.440.930.990.98-0.130.440.370.98-0.020.360.520.980.630.590.980.57-0.02-0.390.860.920.77
0.550.710.730.560.270.60.730.73-0.240.10.340.72-0.430.330.260.740.320.310.730.30.12-0.150.510.620.77
Click cells to compare fundamentals

ONEOK Account Relationship Matchups

ONEOK fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding415.4M431.8M447.4M448.4M485.4M509.7M
Total Assets21.8B23.1B23.6B24.4B44.3B46.5B
Short Long Term Debt Total12.7B14.3B13.7B13.7B21.8B22.9B
Other Current Liab390.0M512.4M697.0M619.6M1.2B1.2B
Total Current Liabilities2.0B1.3B3.2B3.1B3.5B2.5B
Total Stockholder Equity6.2B6.0B6.0B6.5B16.5B17.3B
Property Plant And Equipment Net18.3B19.2B19.3B20.0B32.7B34.3B
Net Debt12.7B13.8B13.6B13.5B21.4B22.5B
Accounts Payable1.2B719.3M1.3B1.4B1.6B1.0B
Cash21.0M524.5M146.4M220.2M338M354.9M
Non Current Assets Total20.3B21.2B21.2B21.8B41.2B43.2B
Non Currrent Assets Other(362.7M)(669.2B)(1.2T)(1.7T)319M335.0M
Cash And Short Term Investments21.0M524.5M146.4M220.2M338M354.9M
Net Receivables835.1M829.8M1.4B1.5B1.7B1.1B
Liabilities And Stockholders Equity21.8B23.1B23.6B24.4B44.3B46.5B
Non Current Liabilities Total13.6B15.7B14.4B14.8B24.3B25.5B
Inventory506.7M371.0M580.9M580.7M787M462.1M
Other Current Assets82.3M144.5M205.3M214.5M278M266.7M
Total Liab15.6B17.0B17.6B17.9B27.8B29.2B
Total Current Assets1.5B1.9B2.4B2.5B3.1B2.1B
Short Term Debt229.6M23.4M1.1B937M507M792.7M
Other Stockholder Equity6.6B6.6B6.5B6.5B15.6B16.4B
Property Plant And Equipment Gross18.3B19.2B23.8B25.0B38.5B40.4B
Accumulated Other Comprehensive Income(374M)(551.4M)(471.4M)(108.3M)(33M)(34.7M)
Other Liab936.5M1.2B1.6B2.1B2.4B2.5B
Other Assets157.7M375.1M366.5M241.3M217.2M417.6M
Long Term Debt12.5B14.2B12.7B12.7B21.2B22.2B
Treasury Stock(851.8M)(808.4M)(764.3M)(732.1M)(658.9M)(691.8M)
Intangible Assets276.8M246.1M235.7M225.3M1.3B1.4B
Property Plant Equipment18.3B19.3B19.3B82.8M95.3M90.5M
Current Deferred Revenue190.8M334.6M333.1M1.7T104M98.8M
Net Tangible Assets6.2B5.3B5.3B5.7B6.6B6.9B
Short Term Investments1.3M19.0M805.0M11M12.7M12.0M

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.
When determining whether ONEOK Inc is a strong investment it is important to analyze ONEOK's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ONEOK's future performance. For an informed investment choice regarding ONEOK Stock, refer to the following important reports:
Check out Your Equity Center 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 industry.
You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Is Oil & Gas Storage & Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ONEOK. If investors know ONEOK will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ONEOK listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.192
Dividend Share
3.96
Earnings Share
4.72
Revenue Per Share
34.116
Quarterly Revenue Growth
0.199
The market value of ONEOK Inc is measured differently than its book value, which is the value of ONEOK that is recorded on the company's balance sheet. Investors also form their own opinion of ONEOK's value that differs from its market value or its book value, called intrinsic value, which is ONEOK's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ONEOK's market value can be influenced by many factors that don't directly affect ONEOK's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ONEOK's value and its price as these two are different measures arrived at by different means. Investors typically determine if ONEOK is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ONEOK's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.