Common-Size Balance Sheet: Assets
Quarterly Data
Paying user area
Try for free
ONEOK Inc. pages available for free this week:
- Analysis of Profitability Ratios
- Analysis of Liquidity Ratios
- Analysis of Solvency Ratios
- Analysis of Short-term (Operating) Activity Ratios
- Analysis of Long-term (Investment) Activity Ratios
- Enterprise Value to EBITDA (EV/EBITDA)
- Operating Profit Margin since 2005
- Total Asset Turnover since 2005
- Price to Earnings (P/E) since 2005
- Aggregate Accruals
The data is hidden behind: . Unhide it.
Get full access to the entire website from $10.42/mo, or
get 1-month access to ONEOK Inc. for $22.49.
This is a one-time payment. There is no automatic renewal.
We accept:
ONEOK Inc., common-size consolidated balance sheet: assets (quarterly data)
Based on: 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31).
- Cash and cash equivalents
- Fluctuations are notable with percentages ranging from a low of 0.06% to a high of 4.11% over the observed period. Peaks occur in mid-2020 and early 2019, with a notable drop in mid-2023, indicating variable liquidity management across quarters.
- Accounts receivable, net
- There is a general declining trend from 5.14% in early 2018 to a low of 2.26% in the first quarter of 2020, followed by an upward movement peaking around 7.25% by late 2022, before decreasing again towards mid-2023. This pattern suggests fluctuations in credit sales or collections efficiency.
- Materials and supplies
- This item remains relatively stable, fluctuating modestly between 0.6% and 0.92%, with small increases noted in early 2020, but overall consistency indicates controlled inventory levels.
- NGLs and natural gas in storage
- Values show variability with spikes during early 2021 and 2022 reaching above 2.5%, while troughs in early 2020 and early 2023 fall below 1.0% and 1.5%, respectively. This indicates seasonal or market-related influences on storage levels.
- Inventory
- Inventory as a percentage exhibits cyclical movements, rising from 1.73% in early 2018 to a peak of 3.25% in late 2021, then declining to near 1.91% by mid-2023. This may reflect inventory buildup and drawdown aligned with operational cycles or demand fluctuations.
- Commodity imbalances
- Relatively low and variable, ranging between 0.05% and 0.2%, with small increases noted in late 2021 and 2022, potentially reflecting minor mismatches in commodity accounting or timing differences.
- Other current assets
- This metric increases over the quarters, especially from 2021 onward, reaching over 1.0% by mid-2023, signaling possibly higher prepaid expenses or other short-term assets increasing in proportion to total assets.
- Current assets
- Current asset percentages fluctuate considerably, with a low around 6.74% to peaks exceeding 12% in 2022. These swings largely reflect the changes in cash, receivables, and inventories, indicating shifts in working capital management.
- Property, plant and equipment
- This category consistently dominates total assets, hovering near or above 100%, showing its critical role. An upward trend is observable towards mid-2023, peaking at 106.5%, indicating ongoing capital investment or revaluation.
- Accumulated depreciation and amortization
- Accumulated depreciation steadily deepens from -18.01% in early 2018 to -22.35% by mid-2023, illustrating increased asset aging or depreciation expense accumulation that offsets the gross property assets.
- Net property, plant and equipment
- After peaking close to 85% in early 2019 and early 2020, a slight gradual decline is observed till 2021 with subsequent fluctuations around 80-84%. This pattern reflects asset base changes net of depreciation, indicating asset renewal or disposal activities.
- Investments in unconsolidated affiliates
- This component exhibits a gradual decline from over 6% in early 2018 to around 3.2-3.6% in recent periods, demonstrating a reduced proportion invested in affiliates relative to total assets.
- Goodwill and net intangible assets
- There is a clear downward trend from about 6% to just above 3% over the period, suggesting asset amortization or impairment.
- Deferred income taxes
- Data is largely missing beyond early 2018, limiting comprehensive analysis for this item.
- Other assets
- Exhibits modest fluctuations between 0.7% and 2.0%, with a slight upward trend noted during 2020, possibly linked to other miscellaneous or noncurrent asset accumulations.
- Investments and other assets
- Shows a steady decrease from nearly 14% to around 7.5-8.1% by mid-2023, indicative of asset reallocation, divestitures, or changing investment strategies.
- Noncurrent assets
- Remain consistently dominant, accounting for around 88-93% of total assets, though there is a minor declining tendency over time, reflecting the shift in the asset mix within the company.
- Total assets
- Represented as 100% throughout, this is consistent with the proportional data presentation of all other balance sheet items.