ONEOK Inc (OKE) - Total Assets
Based on the latest financial reports, ONEOK Inc (OKE) holds total assets worth $66.62 Billion USD as of September 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.
ONEOK Inc - Total Assets Trend (1994–2024)
This chart illustrates how ONEOK Inc's total assets have evolved over time, based on quarterly financial data. Also see ONEOK Inc market cap and net worth for the company's overall valuation and market capitalisation.
ONEOK Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
ONEOK Inc's total assets of $66.62 Billion consist of 6.6% current assets and 93.4% non-current assets. Review OKE liabilities breakdown to assess the company's total debt and financial obligations.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $733.00 Million | 1.1% |
| Accounts Receivable | $2.33 Billion | 3.6% |
| Inventory | $748.00 Million | 1.2% |
| Property, Plant & Equipment | $220.00 Million | 0.3% |
| Intangible Assets | $3.04 Billion | 4.7% |
| Goodwill | $8.09 Billion | 12.6% |
Asset Composition Trend (1994–2024)
This chart illustrates how ONEOK 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. See OKE stock price and chart for real-time trading data and today's change.
Key Asset Composition Facts
- Current vs. Non-Current Assets: ONEOK Inc's current assets represent 6.6% of total assets in 2024, a decrease from 14.9% in 1994.
- Cash Position: Cash and equivalents constituted 1.1% of total assets in 2024, up from 0.4% in 1994.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 16.0% of total assets, an increase from 0.0% in 1994.
- Asset Diversification: The largest asset category is goodwill at 12.6% of total assets.
ONEOK Inc Competitors by Total Assets
Key competitors of ONEOK Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
AltaGas Ltd
TO:ALA
|
Canada | CA$27.71 Billion |
|
Scorpio Tankers Inc
NYSE:STNG
|
USA | $4.08 Billion |
|
China Merchants Energy Shipping Co Ltd
SHG:601872
|
China | CN¥77.88 Billion |
|
Nanjing Tanker Corp
SHG:601975
|
China | CN¥13.65 Billion |
|
Golar LNG Limited
F:G2O
|
Germany | €4.77 Billion |
|
Dorian LPG Ltd
NYSE:LPG
|
USA | $1.78 Billion |
|
Shanxi Guoxin Energy Co Ltd A
SHG:600617
|
China | CN¥25.35 Billion |
|
Permian Basin Royalty Trust
NYSE:PBT
|
USA | $2.41 Million |
ONEOK 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 | 0.90 | 0.81 | 1.39 |
| Quick Ratio | 0.75 | 0.59 | 1.11 |
| Cash Ratio | 0.21 | 0.16 | 0.00 |
| Working Capital | $-550.00 Million | $-681.00 Million | $525.23 Million |
ONEOK Inc - Advanced Valuation Insights
This section examines the relationship between ONEOK 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 | 2.45 |
| Latest Market Cap to Assets Ratio | 0.86 |
| Asset Growth Rate (YoY) | 44.7% |
| Total Assets | $64.07 Billion |
| Market Capitalization | $55.00 Billion USD |
Valuation Analysis
Near Book Valuation: The market values ONEOK Inc's assets close to their book value (0.86x), suggesting investors view the company's assets at approximately fair value.
Rapid Asset Growth: ONEOK Inc's assets grew by 44.7% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for ONEOK Inc (1994–2024)
The table below shows the annual total assets of ONEOK Inc from 1994 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $64.07 Billion | +44.74% |
| 2023-12-31 | $44.27 Billion | +81.57% |
| 2022-12-31 | $24.38 Billion | +3.21% |
| 2021-12-31 | $23.62 Billion | +2.35% |
| 2020-12-31 | $23.08 Billion | +5.81% |
| 2019-12-31 | $21.81 Billion | +19.64% |
| 2018-12-31 | $18.23 Billion | +8.23% |
| 2017-12-31 | $16.85 Billion | +4.38% |
| 2016-12-31 | $16.14 Billion | +4.48% |
| 2015-12-31 | $15.45 Billion | +1.21% |
| 2014-12-31 | $15.26 Billion | -13.98% |
| 2013-12-31 | $17.74 Billion | +11.90% |
| 2012-12-31 | $15.86 Billion | +15.76% |
| 2011-12-31 | $13.70 Billion | +9.58% |
| 2010-12-31 | $12.50 Billion | -2.56% |
| 2009-12-31 | $12.83 Billion | -2.27% |
| 2008-12-31 | $13.13 Billion | +18.66% |
| 2007-12-31 | $11.06 Billion | +6.46% |
| 2006-12-31 | $10.39 Billion | +11.59% |
| 2005-12-31 | $9.31 Billion | +29.35% |
| 2004-12-31 | $7.20 Billion | +15.89% |
| 2003-12-31 | $6.21 Billion | +6.92% |
| 2002-12-31 | $5.81 Billion | -0.75% |
| 2001-12-31 | $5.85 Billion | -20.48% |
| 2000-12-31 | $7.36 Billion | +127.08% |
| 1999-12-31 | $3.24 Billion | +33.80% |
| 1998-12-31 | $2.42 Billion | +95.77% |
| 1997-12-31 | $1.24 Billion | +1.43% |
| 1996-12-31 | $1.22 Billion | +3.28% |
| 1995-12-31 | $1.18 Billion | +3.89% |
| 1994-12-31 | $1.14 Billion | -- |
About ONEOK Inc
ONEOK, Inc. operates as a midstream service provider of gathering, processing, fractionation, transportation, storage, and marine export services in the United States. It operates in four segments: Natural Gas Gathering and Processing; Natural Gas Liquids; Natural Gas Pipelines; and Refined Products and Crude. The company owns natural gas gathering pipelines and processing plants in the Mid-Conti… Read more