ONEOK Dividend Yield vs Free Cash Flow Per Share Analysis
OKE Stock | USD 113.60 1.01 0.90% |
ONEOK financial indicator trend analysis is much more than just breaking down ONEOK Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ONEOK Inc is a good investment. Please check the relationship between ONEOK Dividend Yield and its Free Cash Flow Per Share accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ONEOK Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
Dividend Yield vs Free Cash Flow Per Share
Dividend Yield vs Free Cash Flow Per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ONEOK Inc Dividend Yield account and Free Cash Flow Per Share. At this time, the significance of the direction appears to have almost no relationship.
The correlation between ONEOK's Dividend Yield and Free Cash Flow Per Share is 0.11. Overlapping area represents the amount of variation of Dividend Yield that can explain the historical movement of Free Cash Flow Per Share in the same time period over historical financial statements of ONEOK Inc, assuming nothing else is changed. The correlation between historical values of ONEOK's Dividend Yield and Free Cash Flow Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Dividend Yield of ONEOK Inc are associated (or correlated) with its Free Cash Flow Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Per Share has no effect on the direction of Dividend Yield i.e., ONEOK's Dividend Yield and Free Cash Flow Per Share go up and down completely randomly.
Correlation Coefficient | 0.11 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Dividend Yield
Dividend Yield is ONEOK Inc dividend as a percentage of ONEOK stock price. ONEOK Inc dividend yield is a measure of ONEOK stock productivity, which can be interpreted as interest rate earned on an ONEOK investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.Free Cash Flow Per Share
The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share.Most indicators from ONEOK's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ONEOK Inc 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 ONEOK Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry. The current year's Enterprise Value is expected to grow to about 5.6 B, whereas Selling General Administrative is forecasted to decline to about 15.2 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 3.7B | 3.9B | 5.0B | 5.2B | Total Revenue | 16.5B | 22.4B | 17.7B | 18.6B |
ONEOK fundamental ratios Correlations
Click cells to compare fundamentals
ONEOK Account Relationship Matchups
High Positive Relationship
High Negative Relationship
ONEOK fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 415.4M | 431.8M | 447.4M | 448.4M | 485.4M | 509.7M | |
Total Assets | 21.8B | 23.1B | 23.6B | 24.4B | 44.3B | 46.5B | |
Short Long Term Debt Total | 12.7B | 14.3B | 13.7B | 13.7B | 21.8B | 22.9B | |
Other Current Liab | 390.0M | 512.4M | 697.0M | 619.6M | 1.2B | 1.2B | |
Total Current Liabilities | 2.0B | 1.3B | 3.2B | 3.1B | 3.5B | 2.5B | |
Total Stockholder Equity | 6.2B | 6.0B | 6.0B | 6.5B | 16.5B | 17.3B | |
Property Plant And Equipment Net | 18.3B | 19.2B | 19.3B | 20.0B | 32.7B | 34.3B | |
Net Debt | 12.7B | 13.8B | 13.6B | 13.5B | 21.4B | 22.5B | |
Accounts Payable | 1.2B | 719.3M | 1.3B | 1.4B | 1.6B | 1.0B | |
Cash | 21.0M | 524.5M | 146.4M | 220.2M | 338M | 354.9M | |
Non Current Assets Total | 20.3B | 21.2B | 21.2B | 21.8B | 41.2B | 43.2B | |
Non Currrent Assets Other | (362.7M) | (669.2B) | (1.2T) | (1.7T) | 319M | 335.0M | |
Cash And Short Term Investments | 21.0M | 524.5M | 146.4M | 220.2M | 338M | 354.9M | |
Net Receivables | 835.1M | 829.8M | 1.4B | 1.5B | 1.7B | 1.1B | |
Liabilities And Stockholders Equity | 21.8B | 23.1B | 23.6B | 24.4B | 44.3B | 46.5B | |
Non Current Liabilities Total | 13.6B | 15.7B | 14.4B | 14.8B | 24.3B | 25.5B | |
Inventory | 506.7M | 371.0M | 580.9M | 580.7M | 787M | 462.1M | |
Other Current Assets | 82.3M | 144.5M | 205.3M | 214.5M | 278M | 266.7M | |
Total Liab | 15.6B | 17.0B | 17.6B | 17.9B | 27.8B | 29.2B | |
Total Current Assets | 1.5B | 1.9B | 2.4B | 2.5B | 3.1B | 2.1B | |
Short Term Debt | 229.6M | 23.4M | 1.1B | 937M | 507M | 792.7M | |
Other Stockholder Equity | 6.6B | 6.6B | 6.5B | 6.5B | 15.6B | 16.4B | |
Property Plant And Equipment Gross | 18.3B | 19.2B | 23.8B | 25.0B | 38.5B | 40.4B | |
Accumulated Other Comprehensive Income | (374M) | (551.4M) | (471.4M) | (108.3M) | (33M) | (34.7M) | |
Other Liab | 936.5M | 1.2B | 1.6B | 2.1B | 2.4B | 2.5B | |
Other Assets | 157.7M | 375.1M | 366.5M | 241.3M | 217.2M | 417.6M | |
Long Term Debt | 12.5B | 14.2B | 12.7B | 12.7B | 21.2B | 22.2B | |
Treasury Stock | (851.8M) | (808.4M) | (764.3M) | (732.1M) | (658.9M) | (691.8M) | |
Intangible Assets | 276.8M | 246.1M | 235.7M | 225.3M | 1.3B | 1.4B | |
Property Plant Equipment | 18.3B | 19.3B | 19.3B | 82.8M | 95.3M | 90.5M | |
Current Deferred Revenue | 190.8M | 334.6M | 333.1M | 1.7T | 104M | 98.8M | |
Net Tangible Assets | 6.2B | 5.3B | 5.3B | 5.7B | 6.6B | 6.9B | |
Short Term Investments | 1.3M | 19.0M | 805.0M | 11M | 12.7M | 12.0M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether ONEOK Inc is a strong investment it is important to analyze ONEOK's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ONEOK's future performance. For an informed investment choice regarding ONEOK Stock, refer to the following important reports:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ONEOK Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Is Oil & Gas Storage & Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ONEOK. If investors know ONEOK will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ONEOK listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.192 | Dividend Share 3.96 | Earnings Share 4.72 | Revenue Per Share 34.116 | Quarterly Revenue Growth 0.199 |
The market value of ONEOK Inc is measured differently than its book value, which is the value of ONEOK that is recorded on the company's balance sheet. Investors also form their own opinion of ONEOK's value that differs from its market value or its book value, called intrinsic value, which is ONEOK's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ONEOK's market value can be influenced by many factors that don't directly affect ONEOK's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ONEOK's value and its price as these two are different measures arrived at by different means. Investors typically determine if ONEOK is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ONEOK's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.