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ONE Gas (ONE Gas) Scaled Net Operating Assets : 0.78 (As of Dec. 2023)


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What is ONE Gas 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.

ONE Gas's operating assets for the quarter that ended in Dec. 2023 was $7,752 Mil. ONE Gas's operating liabilities for the quarter that ended in Dec. 2023 was $1,956 Mil. ONE Gas's Total Assets for the quarter that ended in Sep. 2023 was $7,432 Mil. Therefore, ONE Gas's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.78.


ONE Gas Scaled Net Operating Assets Historical Data

The historical data trend for ONE Gas'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.

ONE Gas Scaled Net Operating Assets Chart

ONE Gas 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 0.72 0.74 1.08 0.69 0.75

ONE Gas Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.79 0.72 0.75 0.77 0.78

Competitive Comparison of ONE Gas's Scaled Net Operating Assets

For the Utilities - Regulated Gas subindustry, ONE Gas'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.


ONE Gas's Scaled Net Operating Assets Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, ONE Gas's Scaled Net Operating Assets distribution charts can be found below:

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



ONE Gas 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.

ONE Gas'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 )
=(7752.159-1955.802)/7776.396
=0.75

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=7770.994 - 18.835
=7752.159

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=5005.117 - 2160.401 - 888.914
=1955.802

ONE Gas's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2023 )
=(Operating Assets (Q: Dec. 2023 )-Operating Liabilities (Q: Dec. 2023 ))/Total Assets (Q: Sep. 2023 )
=(7752.159-1955.802)/7432.447
=0.78

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=7770.994 - 18.835
=7752.159

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=5005.117 - 2160.401 - 888.914
=1955.802

* 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.


ONE Gas Scaled Net Operating Assets Related Terms

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ONE Gas (ONE Gas) Business Description

Traded in Other Exchanges
Address
15 East Fifth Street, Tulsa, OK, USA, 74103
ONE Gas Inc is a regulated natural gas utility company. It is involved in the distribution and sale of natural gas to residential, commercial, industrial, and transportation consumers through its network of pipelines and service lines. Almost all of the company's revenue is derived from natural gas sales in the states of Oklahoma, Kansas, and Texas. The company controls considerable market shares in Oklahoma and Kansas and is one of the largest natural gas utilities in the U.S.
Executives
Angela Kouplen officer: See Remarks 2425 SOUTH YUKON, TULSA OK 74107
Deborah Hersman director 801 E. 86TH AVENUE, MERRILLVILLE IN 46410
Michael G Hutchinson director 9540 SOUTH MAROON CIRCLE, SUITE 200, ENGLEWOOD CO 80112
Brian F. Brumfield officer: See remarks 15 EAST 5TH ST., 34TH FLOOR, TULSA OK 74103
Eduardo A Rodriguez director 100 WEST FIFTH STREET, TULSA OK 74103
William Kent Shortridge officer: See Remarks 15 E. 5TH STREET, 34TH FLOOR, TULSA OK 74103
Tracy E Hart director 15 EAST 5TH STREET, TULSA OK 74103
Jeffrey J Husen officer: See Remarks 15 EAST 5TH ST., TULSA OK 74103
John William Gibson director 100 WEST FIFTH STREET, TULSA OK 74103
Arcilia Acosta director LEGACYTEXAS FINANCIAL GROUP, INC., 5851 LEGACY CIRCLE, PLANO TX 75024
Robert B Evans director 100 COLLEGE STREET, MINDEN LA 71055
Douglas H Yaeger director
Pattye L Moore director 100 WEST FIFTH STREET, TULSA OK 74103
Mark A. Bender officer: See Remarks 15 EAST 5TH ST., 34TH FLOOR, TULSA OK 74103
Caron A Lawhorn officer: See Remarks 100 WEST FIFTH STREET, TULSA OK 74103