OGE Energy Balance Sheet Health

Financial Health criteria checks 0/6

OGE Energy has a total shareholder equity of $4.6B and total debt of $5.3B, which brings its debt-to-equity ratio to 114.1%. Its total assets and total liabilities are $13.5B and $8.9B respectively. OGE Energy's EBIT is $665.8M making its interest coverage ratio 2.6. It has cash and short-term investments of $9.9M.

Key information

114.1%

Debt to equity ratio

US$5.27b

Debt

Interest coverage ratio2.6x
CashUS$9.90m
EquityUS$4.62b
Total liabilitiesUS$8.86b
Total assetsUS$13.48b

Recent financial health updates

Recent updates

OGE Energy's (NYSE:OGE) Upcoming Dividend Will Be Larger Than Last Year's

Dec 08
OGE Energy's (NYSE:OGE) Upcoming Dividend Will Be Larger Than Last Year's

Earnings Miss: OGE Energy Corp. Missed EPS By 7.1% And Analysts Are Revising Their Forecasts

Nov 08
Earnings Miss: OGE Energy Corp. Missed EPS By 7.1% And Analysts Are Revising Their Forecasts

OGE Energy: Solid 4%+ Dividend, Stable Earnings Outlook, Near Fair Value

Oct 30

Getting In Cheap On OGE Energy Corp. (NYSE:OGE) Is Unlikely

Oct 30
Getting In Cheap On OGE Energy Corp. (NYSE:OGE) Is Unlikely

Is OGE Energy (NYSE:OGE) Using Too Much Debt?

Oct 08
Is OGE Energy (NYSE:OGE) Using Too Much Debt?

Are Investors Undervaluing OGE Energy Corp. (NYSE:OGE) By 24%?

Aug 27
Are Investors Undervaluing OGE Energy Corp. (NYSE:OGE) By 24%?

Earnings Not Telling The Story For OGE Energy Corp. (NYSE:OGE)

Jul 22
Earnings Not Telling The Story For OGE Energy Corp. (NYSE:OGE)

OGE Energy: Interest Expenses Dragging On Results, But Valuation Has Improved

Jul 02

OGE Energy (NYSE:OGE) Has Announced A Dividend Of $0.4182

Jun 15
OGE Energy (NYSE:OGE) Has Announced A Dividend Of $0.4182

Is There An Opportunity With OGE Energy Corp.'s (NYSE:OGE) 24% Undervaluation?

May 28
Is There An Opportunity With OGE Energy Corp.'s (NYSE:OGE) 24% Undervaluation?

OGE Energy (NYSE:OGE) Is Due To Pay A Dividend Of $0.4182

Apr 03
OGE Energy (NYSE:OGE) Is Due To Pay A Dividend Of $0.4182

OGE Energy Corp. An Attractive Long-Term Investment (Rating Upgrade)

Mar 07

OGE Energy (NYSE:OGE) Is Due To Pay A Dividend Of $0.4182

Feb 24
OGE Energy (NYSE:OGE) Is Due To Pay A Dividend Of $0.4182

OGE Energy Corp.'s (NYSE:OGE) Share Price Could Signal Some Risk

Feb 14
OGE Energy Corp.'s (NYSE:OGE) Share Price Could Signal Some Risk

OGE Energy: Minus Gas Operations, Simpler Is Better For This Electric Utility

Nov 27

OGE: Looks A Bit Expensive, But May Be Good As A Safe Haven Play

Oct 20

OGE Energy: Positive Demographics And Growth Potential, Questionable Valuation

Aug 16

OGE Energy Will Soon Be Offering A Nearly 5% Dividend Yield

May 30

OGE Energy Q4 2022 Earnings Preview

Feb 22

OGE Energy: A Lot To Like But Too Expensive Today

Dec 22

OGE Energy declares $0.4141 dividend

Dec 09

OGE Energy: A Fairly Priced Utility With A Big Dividend, But Growth Looks Limited

Oct 06

OGE Energy declares $0.4141 dividend

Sep 27

OGE Energy Q2 2022 Earnings Preview

Aug 03

OGE Energy Is Offering A Nearly 10-Year High Dividend Yield Of 4.3%

Jul 01

Financial Position Analysis

Short Term Liabilities: OGE's short term assets ($896.5M) do not cover its short term liabilities ($1.0B).

Long Term Liabilities: OGE's short term assets ($896.5M) do not cover its long term liabilities ($7.8B).


Debt to Equity History and Analysis

Debt Level: OGE's net debt to equity ratio (113.9%) is considered high.

Reducing Debt: OGE's debt to equity ratio has increased from 80.3% to 114.1% over the past 5 years.

Debt Coverage: OGE's debt is not well covered by operating cash flow (18.9%).

Interest Coverage: OGE's interest payments on its debt are not well covered by EBIT (2.6x coverage).


Balance Sheet


Discover healthy companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/24 13:15
End of Day Share Price 2024/12/24 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

OGE Energy Corp. is covered by 25 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Gary HovisArgus Research Company
Daniel FordBarclays
Nicholas CampanellaBarclays