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Stock impact report

ONEOK (NYSE:OKE) Has A Pretty Healthy Balance Sheet [Yahoo! Finance]

ONEOK, Inc. (OKE) 
Last oneok, inc. earnings: 4/28 04:15 pm Check Earnings Report
Company Research Source: Yahoo! Finance
When we think about how risky a company is, we always like to look at its use of debt, since debt overload can lead to ruin. As with many other companies ONEOK, Inc. NYSE:OKE ) makes use of debt. But is this debt a concern to shareholders? AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. Debt and other liabilities become risky for a business when it cannot easily fulfill those obligations, either with free cash flow or by raising capital at an attractive price. Ultimately, if the company can't fulfill its legal obligations to repay debt, shareholders could walk away with nothing. However, a more common (but still painful) scenario is that it has to raise new equity capital at a low price, thus permanently diluting shareholders. Of course, the upside of debt is that it often represents cheap capital, especially when it rep Show less Read more
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