One Property Plant And Equipment Net vs Other Stockholder Equity Analysis

OGS Stock  USD 68.72  0.66  0.97%   
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 Property Plant And Equipment Net and its Other Stockholder Equity 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.

Property Plant And Equipment Net vs Other Stockholder Equity

Property Plant And Equipment Net vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of One Gas Property Plant And Equipment Net account and Other Stockholder Equity. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between One Gas' Property Plant And Equipment Net and Other Stockholder Equity is -0.58. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Other Stockholder Equity 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' Property Plant And Equipment Net and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of One Gas are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Property Plant And Equipment Net i.e., One Gas' Property Plant And Equipment Net and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.58
Relationship DirectionNegative 
Relationship StrengthVery Weak

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Other Stockholder Equity

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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