|
Oge Energy 's Tangible Leverage Ratio
OGE's quarterly Tangible Leverage Ratio and Total Liabilities, Tangible Equity growth
Due to repayements of liabilities of -0.28% Oge Energy improved Tangible Leverage Ratio in third quarter 2023 to 1.81, below the company's average Tangible Leverage Ratio.
Within Electric Utilities industry in the third quarter 2023, 18 other companies have achieved lower Tangible Leverage Ratio than Oge Energy in the III Quarter 2023. While Tangible Leverage Ratio total ranking has improved so far in the third quarter 2023 to 2275, from total ranking in the second quarter 2023 at 2677 .
Explain Tangible Leverage Ratio?
What is OGE Market Share?
What are OGE´s Total Liabilities?
Select the Comparisons :
|
|
Select the Ratio:
|
Tangible Leverage Ratio ▼
|
Tangible Leverage Ratio ▼
|
OGE Tangible Leverage Ratio |
(Sep 30 2023) III. Quarter |
(Jun 30 2023) II. Quarter |
(Mar 31 2023) I. Quarter |
(Dec 31 2022) IV. Quarter |
(Sep 30 2022) III. Quarter |
Y / Y Tangible Equity Change |
2.25 % |
2.87 % |
2.52 % |
8.8 % |
16.4 % |
Y / Y Total Liabilities Change |
0.48 % |
-4.14 % |
-4.65 % |
-4.9 % |
-2.38 % |
Tangible Leverage Ratio MRQ |
1.81 |
1.88 |
1.93 |
1.84 |
1.84 |
OGE's Total
Ranking |
# 2275 |
# 2677 |
# 2520 |
# 1462 |
# 2650 |
Seq. Tangible Equity Change |
3.69 % |
0.21 % |
-0.98 % |
-0.61 % |
4.32 % |
Seq. Total Liabilities Change |
-0.28 % |
-2.31 % |
3.55 % |
-0.39 % |
-4.87 % |
Tangible Leverage Ratio third quarter 2023 Company Ranking |
Within: |
No. |
Electric Utilities Industry |
# 19 |
Utilities Sector |
# 43 |
Overall Market |
# 2275 |
Tangible Leverage Ratio Statistics |
High |
Average |
Low |
2.27 |
1.85 |
1.55 |
(Mar 31 2021) |
|
(Sep 30 2019) |
Cumulative Oge Energy 's Tangible Leverage Ratio
OGE's Tangible Leverage Ratio for the trailling 12 Months
OGE Tangible Leverage Ratio |
(Sep 30 2023) III. Quarter |
(Jun 30 2023) II. Quarter |
(Mar 31 2023) I. Quarter |
(Dec 31 2022) IV. Quarter |
(Sep 30 2022) III. Quarter |
Y / Y Tangible Equity TTM Growth |
2.25 % |
2.87 % |
2.52 % |
8.8 % |
16.4 % |
Y / Y Total Liabilities TTM Growth |
0.48 % |
-4.14 % |
-4.65 % |
-4.9 % |
-2.38 % |
Tangible Leverage Ratio TTM |
1.86 |
1.87 |
1.9 |
1.94 |
2.01 |
Total
Ranking TTM |
# 2310
| # 2407
| # 2494
| # 2836
| # 2743
|
Seq. Tangible Equity TTM Growth |
3.69 % |
0.21 % |
-0.98 % |
-0.61 % |
4.32 % |
Seq. Total Liabilities TTM Growth |
-0.28 % |
-2.31 % |
3.55 % |
-0.39 % |
-4.87 % |
On the trailing twelve months basis Due to repayements of liabilities of -0.28% Oge Energy decreased Tangible Leverage Ratio in the 12 months ending in III Quarter 2023 to 1.86, above the Oge Energy 's average Tangible Leverage Ratio. Tangible Leverage Ratio is the average cumulative value over the last four quarters.
Among companies in the Electric Utilities industry OGE recorded the lowest Tangible Leverage Ratio. While Tangible Leverage Ratio total ranking has improved so far to 11, from total ranking in previous 12 month period at 2606.
Explain Tangible Leverage Ratio?
What is OGE Market Share?
What are OGE´s Total Liabilities?
TTM Tangible Leverage Ratio Company Ranking |
Within: |
No. |
Within the Electric Utilities Industry |
# 1 |
Utilities Sector |
# 2 |
Within the Market |
# 2275 |
trailing twelve months Tangible Leverage Ratio Statistics |
High |
Average |
Low |
1.29 |
0.67 |
0.02 | (Dec 31 2021) |
|
(Dec 31 2019) |
Companies with similar Tangible Leverage Ratio in the quarter ending Sep 30 2023, within Electric Utilities Industry | Tangible Leverage Ratio | Sep 30 2023 MRQ Total Liabilities | Sep 30 2023 MRQ Tangible Equity | Clearway Energy Inc | 4.81 | $ 9,120.000 Millions | $ 1,898.000 Millions | Fortis Inc | 4.61 | $ 34,021.890 Millions | $ 7,382.708 Millions | Sunnova Energy International Inc | 4.53 | $ 8,707.511 Millions | $ 1,923.469 Millions | Centerpoint Energy Inc | 4.15 | $ 22,519.000 Millions | $ 5,425.000 Millions | Oncor Electric Delivery Company Llc | 4.07 | $ 659.869 Millions | $ 162.233 Millions | Exelon Corporation | 3.92 | $ 73,789.000 Millions | $ 18,840.000 Millions | Pnm Resources Inc | 3.80 | $ 7,634.795 Millions | $ 2,008.087 Millions | Emera Incorporated | 3.64 | $ 17,334.580 Millions | $ 4,762.222 Millions | Edison International | 3.56 | $ 62,593.000 Millions | $ 17,571.000 Millions | Spruce Power Holding Corporation | 3.47 | $ 711.746 Millions | $ 205.116 Millions | Puget Energy Inc | 3.42 | $ 10,963.893 Millions | $ 3,203.358 Millions | Astra Energy Inc | 3.32 | $ 5.817 Millions | $ 1.750 Millions | Duke Energy Corporation | 3.26 | $ 106,098.000 Millions | $ 32,523.000 Millions | Dominion Energy Inc | 3.26 | $ 77,915.000 Millions | $ 23,885.000 Millions | Constellation Energy Corporation | 3.11 | $ 37,299.000 Millions | $ 12,000.000 Millions | American Electric Power Co Inc | 3.00 | $ 75,995.800 Millions | $ 25,297.100 Millions | Entergy Corporation | 2.97 | $ 39,920.617 Millions | $ 13,441.836 Millions | Pg and e Corp | 2.95 | $ 71,977.000 Millions | $ 24,384.000 Millions | Black Hills Corporation | 2.88 | $ 5,613.483 Millions | $ 1,951.410 Millions | Altus Power Inc | 2.81 | $ 1,281.367 Millions | $ 455.969 Millions | Eversource Energy | 2.70 | $ 30,070.936 Millions | $ 11,155.820 Millions | Nisource Inc | 2.65 | $ 16,669.400 Millions | $ 6,283.400 Millions | Berkshire Hathaway Energy Company | 2.27 | $ 87,439.000 Millions | $ 38,473.000 Millions | Nextera Energy Inc | 2.25 | $ 115,424.000 Millions | $ 51,207.000 Millions | Enlight Renewable Energy Ltd | 2.23 | $ 3,197.964 Millions | $ 1,435.957 Millions | Portland General Electric Company | 2.22 | $ 7,308.000 Millions | $ 3,295.000 Millions | Avista Corporation | 2.15 | $ 5,060.143 Millions | $ 2,357.461 Millions | Evergy Inc | 2.14 | $ 15,923.900 Millions | $ 7,431.200 Millions | Northwestern Energy Group Inc | 1.97 | $ 4,689.085 Millions | $ 2,382.828 Millions | Xcel Energy Inc | 1.95 | $ 33,798.000 Millions | $ 17,309.000 Millions |
|