One Gas Inc
ONE Gas, Inc., together with its subsidiaries, operates as a regulated natural gas distribution utility company in the United States. The company provides natural gas distribution services to approximately 2.3 million customers in Oklahoma, Kansas, and Texas. It serves residential, commercial, and transportation customers. The company was founded in 1906 and is headquartered in Tulsa, Oklahoma.
One Gas Inc (OGS) - Total Assets
Latest total assets as of December 2025: $8.85 Billion USD
Based on the latest financial reports, One Gas Inc (OGS) holds total assets worth $8.85 Billion USD as of December 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
One Gas Inc - Total Assets Trend (2011–2025)
This chart illustrates how One Gas Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
One Gas Inc - Asset Composition Analysis
Current Asset Composition (December 2025)
One Gas Inc's total assets of $8.85 Billion consist of 10.4% current assets and 89.7% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $10.62 Million | 0.4% |
| Accounts Receivable | $517.18 Million | 5.8% |
| Inventory | $274.05 Million | 3.1% |
| Property, Plant & Equipment | $7.14 Billion | 80.6% |
| Intangible Assets | $233.79 Million | 2.6% |
| Goodwill | $157.95 Million | 1.8% |
Asset Composition Trend (2011–2025)
This chart illustrates how One Gas Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: One Gas Inc's current assets represent 10.4% of total assets in 2025, a decrease from 14.1% in 2011.
- Cash Position: Cash and equivalents constituted 0.4% of total assets in 2025, up from 0.1% in 2011.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 3.0% of total assets, a decrease from 8.0% in 2011.
- Asset Diversification: The largest asset category is property, plant & equipment at 80.6% of total assets.
One Gas Inc Competitors by Total Assets
Key competitors of One Gas Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Delong Composite Energy Group Co Ltd
SHE:000593
|
China | CN¥1.92 Billion |
|
Shaanxi Meineng Clean Energy Corp. Ltd. A
SHE:001299
|
China | CN¥1.61 Billion |
|
Xinjiang Haoyuan Natural Gas Co Ltd
SHE:002700
|
China | CN¥1.58 Billion |
|
Foran Energy Group Co Ltd
SHE:002911
|
China | CN¥21.05 Billion |
|
Samchully
KO:004690
|
Korea | ₩4.23 Trillion |
|
Taekyung Chem
KO:006890
|
Korea | ₩222.46 Billion |
|
Kyungdong Gas
KO:012320
|
Korea | ₩598.73 Billion |
|
Yesco Holdings Co. Ltd
KO:015360
|
Korea | ₩1.34 Trillion |
One Gas Inc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - One Gas Inc generates 0.27x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, One Gas Inc generates $ 2.98 in net profit.
One Gas Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.60 | 0.64 | 1.32 |
| Quick Ratio | 0.42 | 0.46 | 1.21 |
| Cash Ratio | 0.01 | 0.04 | 0.00 |
| Working Capital | $-615.97 Million | $ -528.39 Million | $ 279.63 Million |
One Gas Inc - Advanced Valuation Insights
This section examines the relationship between One Gas Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.62 |
| Latest Market Cap to Assets Ratio | 0.58 |
| Asset Growth Rate (YoY) | 5.1% |
| Total Assets | $8.85 Billion |
| Market Capitalization | $5.13 Billion USD |
Valuation Analysis
Below Book Valuation: The market values One Gas Inc's assets below their book value (0.58 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: One Gas Inc's assets grew by 5.1% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for One Gas Inc (2011–2025)
The table below shows the annual total assets of One Gas Inc from 2011 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | $8.85 Billion | +5.07% |
| 2024-12-31 | $8.43 Billion | +8.42% |
| 2023-12-31 | $7.77 Billion | -0.07% |
| 2022-12-31 | $7.78 Billion | -7.45% |
| 2021-12-31 | $8.40 Billion | +39.37% |
| 2020-12-31 | $6.03 Billion | +5.61% |
| 2019-12-31 | $5.71 Billion | +4.38% |
| 2018-12-31 | $5.47 Billion | +5.03% |
| 2017-12-31 | $5.21 Billion | +5.34% |
| 2016-12-31 | $4.94 Billion | +6.42% |
| 2015-12-31 | $4.64 Billion | -0.10% |
| 2014-12-31 | $4.65 Billion | +20.87% |
| 2013-12-31 | $3.85 Billion | +10.17% |
| 2012-12-31 | $3.49 Billion | +6.27% |
| 2011-12-31 | $3.29 Billion | -- |