OGE Energy Balance Sheet Health
Financial Health criteria checks 1/6
OGE Energy has a total shareholder equity of $4.5B and total debt of $4.8B, which brings its debt-to-equity ratio to 107.3%. Its total assets and total liabilities are $12.8B and $8.3B respectively. OGE Energy's EBIT is $655.8M making its interest coverage ratio 2.9. It has cash and short-term investments of $200.0K.
Key information
107.3%
Debt to equity ratio
US$4.84b
Debt
Interest coverage ratio | 2.9x |
Cash | US$200.00k |
Equity | US$4.51b |
Total liabilities | US$8.28b |
Total assets | US$12.79b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OG5's short term assets ($771.5M) do not cover its short term liabilities ($1.2B).
Long Term Liabilities: OG5's short term assets ($771.5M) do not cover its long term liabilities ($7.1B).
Debt to Equity History and Analysis
Debt Level: OG5's net debt to equity ratio (107.3%) is considered high.
Reducing Debt: OG5's debt to equity ratio has increased from 78.6% to 107.3% over the past 5 years.
Debt Coverage: OG5's debt is well covered by operating cash flow (25.5%).
Interest Coverage: OG5's interest payments on its debt are not well covered by EBIT (2.9x coverage).