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ONEOK (MIL:1OKE) Scaled Net Operating Assets : 0.97 (As of Sep. 2024)


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What is ONEOK Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

ONEOK's operating assets for the quarter that ended in Sep. 2024 was €45,474 Mil. ONEOK's operating liabilities for the quarter that ended in Sep. 2024 was €5,429 Mil. ONEOK's Total Assets for the quarter that ended in Jun. 2024 was €41,373 Mil. Therefore, ONEOK's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.97.


ONEOK Scaled Net Operating Assets Historical Data

The historical data trend for ONEOK's Scaled Net Operating Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

ONEOK Scaled Net Operating Assets Chart

ONEOK Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.06 0.83 0.91 0.90 1.51

ONEOK Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.61 0.84 0.87 0.88 0.97

Competitive Comparison of ONEOK's Scaled Net Operating Assets

For the Oil & Gas Midstream subindustry, ONEOK's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


ONEOK's Scaled Net Operating Assets Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, ONEOK's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where ONEOK's Scaled Net Operating Assets falls into.



ONEOK Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

ONEOK's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2023 )
=(Operating Assets (A: Dec. 2023 )-Operating Liabilities (A: Dec. 2023 ))/Total Assets (A: Dec. 2022 )
=(40281.976-5518.506)/23013.776
=1.51

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=40591.922 - 309.946
=40281.976

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=25476.094 - 19492.669 - 464.919
=5518.506

ONEOK's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Sep. 2024 )
=(Operating Assets (Q: Sep. 2024 )-Operating Liabilities (Q: Sep. 2024 ))/Total Assets (Q: Jun. 2024 )
=(45474.371-5429.426)/41373.015
=0.97

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=45996.05 - 521.679
=45474.371

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=30780.863 - 24218.88 - 1132.557
=5429.426

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


ONEOK Scaled Net Operating Assets Related Terms

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ONEOK Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » ONEOK Inc (MIL:1OKE) » Definitions » Scaled Net Operating Assets
Address
100 West Fifth Street, Tulsa, OK, USA, 74103
Oneok is a diversified midstream service provider specializing in natural gas gathering, processing, storage, and transportation and natural gas liquids transportation and fractionation. It also operates a refined product and crude oil segment connecting producers, refiners, and consumers. Operations are in the midcontinent, Permian, and Rocky Mountain regions.

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