Stock Analysis on Net

ONEOK Inc. (NYSE:OKE)

This company has been moved to the archive! The financial data has not been updated since August 8, 2023.

Balance Sheet: Assets
Quarterly Data

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Assets are resources controlled by the company as a result of past events and from which future economic benefits are expected to flow to the entity.

ONEOK Inc., consolidated balance sheet: assets (quarterly data)

US$ in millions

Microsoft Excel
Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018
Cash and cash equivalents 106 680 220 22 136 15 146 224 374 402 524 447 946 532 21 673 273 28 12 84 15 17
Accounts receivable, net 1,023 1,153 1,532 1,729 1,779 1,682 1,442 1,498 1,092 910 830 718 609 498 835 719 669 813 819 1,085 935 844
Materials and supplies 146 157 149 155 154 148 153 148 145 144 143 159 313 255 202 193 178 164 141 129 114 99
NGLs and natural gas in storage 314 399 432 538 620 584 428 628 455 370 228 301 202 131 305 284 185 243 297 426 286 185
Inventory 460 556 581 693 774 732 581 776 600 513 371 460 515 386 507 476 362 407 438 555 400 284
Commodity imbalances 30 22 43 40 49 25 40 22 15 17 12 13 18 14 25 19 26 38 29 22 27 39
Other current assets 244 158 172 281 289 187 166 147 155 155 133 84 92 59 82 80 70 57 101 61 57 106
Current assets 1,863 2,569 2,548 2,765 3,026 2,641 2,374 2,667 2,236 1,998 1,870 1,721 2,180 1,488 1,470 1,968 1,401 1,343 1,399 1,808 1,434 1,291
Property, plant and equipment 25,601 25,252 25,015 24,727 24,395 24,073 23,821 23,580 23,393 23,193 23,073 22,803 22,623 22,136 22,051 20,948 19,807 18,888 18,031 17,120 16,364 15,838
Accumulated depreciation and amortization (5,372) (5,212) (5,063) (4,937) (4,793) (4,648) (4,501) (4,358) (4,212) (4,067) (3,918) (3,774) (3,642) (3,507) (3,703) (3,585) (3,471) (3,370) (3,264) (3,160) (3,060) (2,960)
Net property, plant and equipment 20,229 20,040 19,953 19,790 19,601 19,425 19,320 19,222 19,182 19,125 19,155 19,029 18,981 18,629 18,349 17,363 16,336 15,518 14,767 13,961 13,304 12,878
Investments in unconsolidated affiliates 885 789 802 804 801 797 798 797 800 808 805 790 790 810 862 871 881 951 969 982 987 997
Goodwill and net intangible assets 748 750 753 755 758 761 763 766 769 771 774 776 779 782 958 961 964 964 967 970 988 990
Deferred income taxes 32 116
Other assets 313 316 324 325 340 368 366 420 451 478 475 463 262 260 173 174 169 158 130 191 170 159
Investments and other assets 1,946 1,855 1,879 1,884 1,899 1,926 1,927 1,984 2,020 2,057 2,054 2,030 1,831 1,852 1,993 2,005 2,014 2,074 2,066 2,143 2,176 2,263
Noncurrent assets 22,175 21,895 21,831 21,674 21,500 21,351 21,247 21,205 21,202 21,182 21,209 21,060 20,813 20,481 20,342 19,368 18,350 17,592 16,833 16,103 15,480 15,142
Total assets 24,038 24,464 24,379 24,439 24,527 23,993 23,622 23,872 23,437 23,180 23,079 22,781 22,992 21,969 21,812 21,336 19,752 18,934 18,232 17,911 16,914 16,432

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).


Assets: Selected Items

Balance sheet item Description The company
Current assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. ONEOK Inc. current assets increased from Q4 2022 to Q1 2023 but then decreased significantly from Q1 2023 to Q2 2023.
Net property, plant and equipment Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. ONEOK Inc. net property, plant and equipment increased from Q4 2022 to Q1 2023 and from Q1 2023 to Q2 2023.
Noncurrent assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold or consumed after one year or beyond the normal operating cycle, if longer. ONEOK Inc. noncurrent assets increased from Q4 2022 to Q1 2023 and from Q1 2023 to Q2 2023.
Total assets Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. ONEOK Inc. total assets increased from Q4 2022 to Q1 2023 but then decreased significantly from Q1 2023 to Q2 2023.

Current Assets: Selected Items

Balance sheet item Description The company
Cash and cash equivalents Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. ONEOK Inc. cash and cash equivalents increased from Q4 2022 to Q1 2023 but then decreased significantly from Q1 2023 to Q2 2023.
Accounts receivable, net Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection. ONEOK Inc. accounts receivable, net decreased from Q4 2022 to Q1 2023 and from Q1 2023 to Q2 2023.
Inventory Amount after valuation and LIFO reserves of inventory expected to be sold, or consumed within one year or operating cycle, if longer. ONEOK Inc. inventory decreased from Q4 2022 to Q1 2023 and from Q1 2023 to Q2 2023.