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Oge Energy Corp   (OGE)
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    Sector  Utilities    Industry Electric Utilities
   Industry Electric Utilities
   Sector  Utilities

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?


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)




Financial Statements
Oge Energy 's Tangible Equity $ 4,541 Millions Visit OGE's Balance sheet
Oge Energy 's Total Liabilities $ 8,203 Millions Visit OGE's Balance sheet
Source of OGE's Sales Visit OGE's Sales by Geography


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 RatioSep 30 2023 MRQ Total LiabilitiesSep 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

Date modified: 2023-11-03T16:42:00+00:00



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