One Ptb Ratio vs Days Sales Outstanding Analysis

OGS Stock  USD 77.97  0.38  0.49%   
One Gas financial indicator trend analysis is much more than just breaking down One Gas prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether One Gas is a good investment. Please check the relationship between One Gas Ptb Ratio and its Days Sales Outstanding accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in One Gas. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
For more information on how to buy One Stock please use our How to Invest in One Gas guide.

Ptb Ratio vs Days Sales Outstanding

Ptb Ratio vs Days Sales Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of One Gas Ptb Ratio account and Days Sales Outstanding. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between One Gas' Ptb Ratio and Days Sales Outstanding is -0.14. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Days Sales Outstanding in the same time period over historical financial statements of One Gas, assuming nothing else is changed. The correlation between historical values of One Gas' Ptb Ratio and Days Sales Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ptb Ratio of One Gas are associated (or correlated) with its Days Sales Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Days Sales Outstanding has no effect on the direction of Ptb Ratio i.e., One Gas' Ptb Ratio and Days Sales Outstanding go up and down completely randomly.

Correlation Coefficient

-0.14
Relationship DirectionNegative 
Relationship StrengthInsignificant

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.

Days Sales Outstanding

Most indicators from One Gas' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into One Gas current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in One Gas. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
For more information on how to buy One Stock please use our How to Invest in One Gas guide.Tax Provision is likely to gain to about 46.1 M in 2024, whereas Selling General Administrative is likely to drop slightly above 427.8 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense60.3M77.5M115.3M65.9M
Depreciation And Amortization207.2M228.5M279.8M183.9M

One Gas fundamental ratios Correlations

0.570.460.530.50.610.440.610.590.450.460.850.610.370.260.450.350.33-0.930.490.510.15-0.50.530.590.26
0.570.920.560.780.940.760.960.370.920.790.480.970.510.660.870.480.55-0.290.970.810.61-0.580.990.960.74
0.460.920.40.80.740.510.830.241.00.840.310.830.540.50.910.230.56-0.230.940.770.78-0.290.970.920.88
0.530.560.40.690.680.460.68-0.060.370.590.660.67-0.010.080.30.630.45-0.390.370.66-0.13-0.30.490.670.05
0.50.780.80.690.70.420.840.140.780.810.540.790.350.070.560.40.54-0.370.630.710.31-0.080.780.880.46
0.610.940.740.680.70.870.970.430.730.660.590.990.40.660.730.630.48-0.330.850.760.34-0.730.870.90.48
0.440.760.510.460.420.870.810.450.510.330.470.830.370.730.580.650.14-0.170.70.470.25-0.830.680.660.31
0.610.960.830.680.840.970.810.410.820.740.590.990.450.530.740.570.51-0.350.860.770.38-0.580.920.960.53
0.590.370.24-0.060.140.430.450.410.270.040.470.410.560.40.350.19-0.09-0.530.360.020.18-0.540.330.270.14
0.450.921.00.370.780.730.510.820.270.80.320.820.60.510.910.230.5-0.240.930.730.81-0.290.960.90.89
0.460.790.840.590.810.660.330.740.040.80.330.740.060.240.680.210.87-0.260.740.920.46-0.120.820.870.67
0.850.480.310.660.540.590.470.590.470.320.330.580.350.160.270.710.16-0.850.340.35-0.03-0.470.420.520.05
0.610.970.830.670.790.990.830.990.410.820.740.580.450.60.770.580.52-0.330.890.790.42-0.630.930.950.56
0.370.510.54-0.010.350.40.370.450.560.60.060.350.450.440.580.2-0.25-0.320.540.030.63-0.340.540.40.51
0.260.660.50.080.070.660.730.530.40.510.240.160.60.440.680.40.20.020.760.380.59-0.860.640.450.61
0.450.870.910.30.560.730.580.740.350.910.680.270.770.580.680.250.38-0.170.930.650.82-0.470.910.820.87
0.350.480.230.630.40.630.650.570.190.230.210.710.580.20.40.250.08-0.240.350.24-0.04-0.610.390.430.02
0.330.550.560.450.540.480.140.51-0.090.50.870.160.52-0.250.20.380.08-0.160.520.870.22-0.110.560.610.48
-0.93-0.29-0.23-0.39-0.37-0.33-0.17-0.35-0.53-0.24-0.26-0.85-0.33-0.320.02-0.17-0.24-0.16-0.2-0.270.00.25-0.26-0.34-0.06
0.490.970.940.370.630.850.70.860.360.930.740.340.890.540.760.930.350.52-0.20.760.77-0.580.980.890.86
0.510.810.770.660.710.760.470.770.020.730.920.350.790.030.380.650.240.87-0.270.760.38-0.320.80.870.61
0.150.610.78-0.130.310.340.250.380.180.810.46-0.030.420.630.590.82-0.040.220.00.770.38-0.20.710.510.96
-0.5-0.58-0.29-0.3-0.08-0.73-0.83-0.58-0.54-0.29-0.12-0.47-0.63-0.34-0.86-0.47-0.61-0.110.25-0.58-0.32-0.2-0.49-0.4-0.24
0.530.990.970.490.780.870.680.920.330.960.820.420.930.540.640.910.390.56-0.260.980.80.71-0.490.950.82
0.590.960.920.670.880.90.660.960.270.90.870.520.950.40.450.820.430.61-0.340.890.870.51-0.40.950.66
0.260.740.880.050.460.480.310.530.140.890.670.050.560.510.610.870.020.48-0.060.860.610.96-0.240.820.66
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One Gas Account Relationship Matchups

One Gas fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding53.2M53.4M53.7M54.3M55.9M58.5M
Total Assets5.7B6.0B8.4B7.8B7.8B6.0B
Short Long Term Debt Total1.8B2.0B4.2B3.2B3.1B2.1B
Other Current Liab177.8M94.7M98.5M198.4M236.1M147.1M
Total Current Liabilities872.7M797.1M980.5M1.2B1.5B822.1M
Total Stockholder Equity2.1B2.2B2.3B2.6B2.8B2.1B
Other Liab1.4B1.4B1.4B1.3B1.5B1.1B
Property Plant And Equipment Net4.6B4.9B5.2B5.6B6.2B4.5B
Current Deferred Revenue58.0M68.0M62.5M57.9M62.2M66.6M
Net Debt1.8B2.0B4.2B2.9B3.0B2.1B
Accounts Payable120.5M152.3M258.6M360.5M278.1M196.8M
Cash17.9M8.0M8.9M9.7M39.4M41.4M
Non Current Assets Total5.2B5.5B6.2B6.6B7.0B5.2B
Non Currrent Assets Other478.9M463.8M828.8M(250.3M)398.0M417.9M
Other Assets444.7M463.8M828.8M448.2M210.9M420.8M
Long Term Debt1.3B1.6B3.7B2.4B2.2B1.6B
Cash And Short Term Investments17.9M8.0M8.9M9.7M18.8M11.8M
Net Receivables260.0M293.0M341.8M553.8M347.9M355.3M
Liabilities And Stockholders Equity5.7B6.0B8.4B7.8B7.8B6.0B
Non Current Liabilities Total2.7B3.0B5.1B4.0B3.5B3.1B
Inventory160.0M146.7M234.5M340.1M264.7M202.2M
Other Current Assets68.3M92.2M1.6B305.6M133.8M244.7M
Other Stockholder Equity1.7B1.8B1.8B1.9B2.0B1.6B
Total Liab3.6B3.8B6.1B5.2B5.0B3.9B
Property Plant And Equipment Gross4.6B4.9B7.3B7.8B8.5B5.1B
Total Current Assets506.2M539.9M2.2B1.2B765.2M814.7M
Accumulated Other Comprehensive Income(6.7M)(7.8M)(6.5M)(704K)(1.2M)(1.2M)
Short Term Debt516.5M418.2M494M572.7M894.9M939.7M
Property Plant Equipment4.6B4.9B5.2B5.6B6.5B4.4B
Net Tangible Assets2.0B2.1B2.2B2.1B2.4B1.6B
Retained Earnings402.5M483.6M565.2M651.9M737.7M370.4M
Common Stock Total Equity528K532K536K553K636.0K525.1K
Retained Earnings Total Equity402.5M483.6M565.2M651.9M749.6M787.1M
Long Term Debt Total1.3B1.6B3.7B2.7B3.1B1.7B
Deferred Long Term Liab682.6M656.8M724.9M330.8M297.7M582.1M
Non Current Liabilities Other737.5M759.1M693.4M1.3B1.5B801.4M
Common Stock528K532K536K553K565K533.9K
Capital Surpluse1.7B1.8B1.8B1.9B2.2B1.9B
Short Long Term Debt516.5M418.2M494M572.7M888.9M933.4M

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