Debt to Equity
since 2005
Calculation
ONEOK Inc., debt to equity, long-term trends, calculation
| Debt to equity | = | Short-term borrowings and long-term debt1 | ÷ | Total ONEOK shareholders’ equity1 | |
|---|---|---|---|---|---|
| Dec 31, 2022 | 2.10 | = | 13,620,834) | ÷ | 6,493,885) |
| Dec 31, 2021 | 2.27 | = | 13,643,450) | ÷ | 6,015,163) |
| Dec 31, 2020 | 2.36 | = | 14,236,071) | ÷ | 6,042,398) |
| Dec 31, 2019 | 2.04 | = | 12,707,407) | ÷ | 6,225,951) |
| Dec 31, 2018 | 1.43 | = | 9,380,984) | ÷ | 6,579,543) |
| Dec 31, 2017 | 1.65 | = | 9,138,952) | ÷ | 5,527,867) |
| Dec 31, 2016 | 50.02 | = | 9,440,923) | ÷ | 188,745) |
| Dec 31, 2015 | 26.74 | = | 8,980,572) | ÷ | 335,798) |
| Dec 31, 2014 | 13.95 | = | 8,258,875) | ÷ | 592,115) |
| Dec 31, 2013 | 3.56 | = | 8,330,093) | ÷ | 2,337,851) |
| Dec 31, 2012 | 3.45 | = | 7,343,397) | ÷ | 2,129,609) |
| Dec 31, 2011 | 2.56 | = | 5,735,924) | ÷ | 2,238,573) |
| Dec 31, 2010 | 2.00 | = | 4,886,633) | ÷ | 2,448,623) |
| Dec 31, 2009 | 2.48 | = | 5,484,289) | ÷ | 2,207,194) |
| Dec 31, 2008 | 3.11 | = | 6,500,776) | ÷ | 2,088,170) |
| Dec 31, 2007 | 2.46 | = | 4,838,125) | ÷ | 1,969,308) |
| Dec 31, 2006 | 1.83 | = | 4,055,014) | ÷ | 2,215,958) |
| Dec 31, 2005 | 1.99 | = | 3,572,116) | ÷ | 1,794,757) |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
1 US$ in thousands
Comparison to Competitors
ONEOK Inc., debt to equity, long-term trends, comparison to competitors
| ONEOK Inc. | Chevron Corp. | ConocoPhillips | Exxon Mobil Corp. | Marathon Petroleum Corp. | Occidental Petroleum Corp. | Valero Energy Corp. | |
|---|---|---|---|---|---|---|---|
| Dec 31, 2022 | 2.10 | 0.15 | 0.35 | 0.21 | 0.96 | 0.66 | 0.49 |
| Dec 31, 2021 | 2.27 | 0.23 | 0.44 | 0.28 | 0.97 | 1.46 | 0.75 |
| Dec 31, 2020 | 2.36 | 0.34 | 0.51 | 0.43 | 1.42 | 1.95 | 0.78 |
| Dec 31, 2019 | 2.04 | 0.19 | 0.43 | 0.24 | 0.86 | 1.13 | 0.44 |
| Dec 31, 2018 | 1.43 | 0.22 | 0.47 | 0.20 | 0.78 | 0.48 | 0.42 |
| Dec 31, 2017 | 1.65 | 0.26 | 0.64 | 0.23 | 0.92 | 0.48 | 0.40 |
| Dec 31, 2016 | 50.02 | 0.32 | 0.78 | 0.26 | 0.78 | 0.46 | 0.40 |
| Dec 31, 2015 | 26.74 | 0.25 | 0.63 | 0.23 | 0.90 | 0.34 | 0.36 |
| Dec 31, 2014 | 13.95 | 0.18 | 0.43 | 0.17 | 0.62 | 0.20 | 0.31 |
| Dec 31, 2013 | 3.56 | 0.14 | 0.42 | 0.13 | 0.31 | 0.16 | 0.34 |
| Dec 31, 2012 | 3.45 | 0.09 | 0.45 | 0.07 | 0.29 | 0.19 | 0.39 |
| Dec 31, 2011 | 2.56 | 0.08 | 0.35 | 0.11 | 0.35 | 0.16 | 0.47 |
| Dec 31, 2010 | 2.00 | 0.11 | 0.34 | 0.10 | — | 0.16 | 0.55 |
| Dec 31, 2009 | 2.48 | 0.11 | 0.46 | 0.09 | — | 0.10 | 0.50 |
| Dec 31, 2008 | 3.11 | 0.10 | 0.50 | 0.08 | — | 0.10 | 0.42 |
| Dec 31, 2007 | 2.46 | 0.09 | 0.24 | 0.08 | — | 0.08 | 0.37 |
| Dec 31, 2006 | 1.83 | 0.14 | 0.33 | 0.07 | — | 0.15 | 0.28 |
| Dec 31, 2005 | 1.99 | 0.21 | 0.24 | 0.07 | — | 0.19 | 0.36 |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Sector (Oil, Gas & Consumable Fuels)
ONEOK Inc., debt to equity, long-term trends, comparison to sector (oil, gas & consumable fuels)
| ONEOK Inc. | Oil, Gas & Consumable Fuels | |
|---|---|---|
| Dec 31, 2022 | 2.10 | 0.29 |
| Dec 31, 2021 | 2.27 | 0.40 |
| Dec 31, 2020 | 2.36 | 0.55 |
| Dec 31, 2019 | 2.04 | 0.36 |
| Dec 31, 2018 | 1.43 | 0.29 |
| Dec 31, 2017 | 1.65 | 0.31 |
| Dec 31, 2016 | 50.02 | 0.36 |
| Dec 31, 2015 | 26.74 | 0.31 |
| Dec 31, 2014 | 13.95 | 0.22 |
| Dec 31, 2013 | 3.56 | 0.18 |
| Dec 31, 2012 | 3.45 | 0.15 |
| Dec 31, 2011 | 2.56 | 0.16 |
| Dec 31, 2010 | 2.00 | 0.17 |
| Dec 31, 2009 | 2.48 | 0.19 |
| Dec 31, 2008 | 3.11 | 0.19 |
| Dec 31, 2007 | 2.46 | 0.14 |
| Dec 31, 2006 | 1.83 | 0.18 |
| Dec 31, 2005 | 1.99 | 0.16 |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Industry (Energy)
ONEOK Inc., debt to equity, long-term trends, comparison to industry (energy)
| ONEOK Inc. | Energy | |
|---|---|---|
| Dec 31, 2022 | 2.10 | 0.30 |
| Dec 31, 2021 | 2.27 | 0.42 |
| Dec 31, 2020 | 2.36 | 0.58 |
| Dec 31, 2019 | 2.04 | 0.37 |
| Dec 31, 2018 | 1.43 | 0.30 |
| Dec 31, 2017 | 1.65 | 0.33 |
| Dec 31, 2016 | 50.02 | 0.37 |
| Dec 31, 2015 | 26.74 | 0.33 |
| Dec 31, 2014 | 13.95 | 0.23 |
| Dec 31, 2013 | 3.56 | 0.19 |
| Dec 31, 2012 | 3.45 | 0.17 |
| Dec 31, 2011 | 2.56 | 0.18 |
| Dec 31, 2010 | 2.00 | 0.18 |
| Dec 31, 2009 | 2.48 | 0.20 |
| Dec 31, 2008 | 3.11 | 0.19 |
| Dec 31, 2007 | 2.46 | 0.15 |
| Dec 31, 2006 | 1.83 | 0.19 |
| Dec 31, 2005 | 1.99 | 0.17 |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).