One Gas Inc (OGS) - Total Assets
Based on the latest financial reports, One Gas Inc (OGS) holds total assets worth $8.83 Billion USD as of March 2026. 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. Check OGS cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
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 OGS long-term investments to assets to see how much of total assets are deployed in long-term investments.
One Gas Inc - Asset Composition Analysis
Current Asset Composition (December 2025)
One Gas Inc's total assets of $8.83 Billion consist of 9.8% current assets and 90.2% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $10.62 Million | 0.4% |
| Accounts Receivable | $517.18 Million | 5.5% |
| Inventory | $274.05 Million | 2.9% |
| Property, Plant & Equipment | $7.14 Billion | 76.5% |
| Intangible Assets | $233.79 Million | 2.5% |
| Goodwill | $157.95 Million | 1.7% |
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. For live market cap, price, and company overview, see One Gas Inc (OGS) market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: One Gas Inc's current assets represent 9.8% 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 76.5% 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 |
|---|---|---|
|
China Suntien Green Energy Corp Ltd
SHG:600956
|
China | CN¥87.31 Billion |
|
Foran Energy Group Co Ltd
SHE:002911
|
China | CN¥19.73 Billion |
|
Xinjiang Torch Gas Co Ltd
SHG:603080
|
China | CN¥2.57 Billion |
|
GSE Co. Ltd
KQ:053050
|
Korea | ₩210.37 Billion |
|
Metrogas SA
BA:METR
|
Argentina | AR$1.39 Trillion |
|
Naturgy BAN SA
BA:GBAN
|
Argentina | AR$713.19 Billion |
|
Camuzzi Gas Pampeana SA
BA:CGPA2
|
Argentina | AR$658.34 Billion |
|
Distribuidora de Gas Cuyana SA
BA:DGCU2
|
Argentina | AR$352.75 Billion |
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 | 0.57 | 0.59 | 1.63 |
| Quick Ratio | 0.41 | 0.47 | 1.26 |
| Cash Ratio | 0.00 | 0.02 | 0.57 |
| Working Capital | $-605.64 Million | $-521.16 Million | $234.41 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 | 1.51 |
| Latest Market Cap to Assets Ratio | 0.52 |
| Asset Growth Rate (YoY) | 10.7% |
| Total Assets | $9.33 Billion |
| Market Capitalization | $4.83 Billion USD |
Valuation Analysis
Below Book Valuation: The market values One Gas Inc's assets below their book value (0.52x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: One Gas Inc's assets grew by 10.7% over the past year, indicating significant expansion of the company's resource base.
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 | $9.33 Billion | +10.72% |
| 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 | -- |
About 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 offers natural gas distribution services. As of December 31, 2025, it owned 43,200 miles of distribution pipelines and 2,200 miles of transmission pipelines. The company serves approximately 2.3 million residential, commercial, industrial, transportatio… Read more