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Oge Energy 's Long Term Debt to Equity
OGE's quarterly Long Term Debt to Equity and Long Term Debt, Equity growth
Despite a net increase in long-term borrowings by 0.02%, Oge Energy managed to enhance Long Term Debt to Equity in the third quarter 2023 to 0.96, surpassing the average for Oge Energy 's Long Term Debt to Equity.
Within Electric Utilities industry in the third quarter 2023, 9 other companies have achieved lower Long Term Debt to Equity than Oge Energy in the III Quarter 2023. While Long Term Debt to Equity total ranking has deteriorated compared to the second quarter 2023 from 1516 to 1919 .
Explain Long Term Debt to Equity Ratio?
How much Long Term Debt OGE´s has?
What is the structure of OGE´s Equity?
Select the Comparisons :
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Select the Ratio:
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Long Term Debt to Equity ▼
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Long Term Debt to Equity ▼
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OGE Long Term Debt to Equity |
(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 Equity Change |
2.25 % |
2.87 % |
2.52 % |
8.8 % |
16.4 % |
Y / Y Long Term Debt Change |
22.31 % |
22.31 % |
-11.18 % |
-21.08 % |
-21.08 % |
Long Term Debt to Equity MRQ |
0.96 |
0.99 |
0.91 |
0.8 |
0.8 |
OGE's Total
Ranking |
# 1919 |
# 1516 |
# 1712 |
# 1106 |
# 1784 |
Seq. Equity Change |
3.69 % |
0.21 % |
-0.98 % |
-0.61 % |
4.32 % |
Seq. Long Term Debt Change |
0.02 % |
8.64 % |
12.55 % |
0.01 % |
0.02 % |
Long Term Debt to Equity third quarter 2023 Company Ranking |
Within: |
No. |
Electric Utilities Industry |
# 10 |
Utilities Sector |
# 28 |
Overall Market |
# 1919 |
Long Term Debt to Equity Statistics |
High |
Average |
Low |
1.23 |
0.86 |
0.7 |
(Jun 30 2021) |
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(Jun 30 2018) |
Cumulative Oge Energy 's Long Term Debt to Equity
OGE's Long Term Debt to Equity for the trailling 12 Months
OGE Long Term Debt to Equity |
(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 Equity TTM Growth |
2.25 % |
2.87 % |
2.52 % |
8.8 % |
16.4 % |
Y / Y Long Term Debt TTM Growth |
22.31 % |
22.31 % |
-11.18 % |
-21.08 % |
-21.08 % |
Long Term Debt to Equity TTM |
0.92 |
0.88 |
0.84 |
0.87 |
0.95 |
Total
Ranking TTM |
# 115
| # 2147
| # 113
| # 317
| # 19
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Seq. Equity TTM Growth |
3.69 % |
0.21 % |
-0.98 % |
-0.61 % |
4.32 % |
Seq. Long Term Debt TTM Growth |
0.02 % |
8.64 % |
12.55 % |
0.01 % |
0.02 % |
On the trailing twelve months basis Due to the net new long-term borrowings of 0.02% during the trailing twelve months finishing in the III Quarter 2023, cumulativeLong Term Debt to Equity improved to 0.92, above the Oge Energy 's average Long Term Debt to Equity. Long Term Debt to Equity is the average cumulative value over the last four quarters.
Among companies in the Electric Utilities industry OGE recorded the lowest Long Term Debt to Equity. While Long Term Debt to Equity total ranking has improved so far to 115, from total ranking in previous 12 month period at 2147.
Explain Long Term Debt to Equity Ratio?
How much Long Term Debt OGE´s has?
What is the structure of OGE´s Equity?
TTM Long Term Debt to Equity Company Ranking |
Within: |
No. |
Within the Electric Utilities Industry |
# 0 |
Utilities Sector |
# 1 |
Within the Market |
# 115 |
trailing twelve months Long Term Debt to Equity Statistics |
High |
Average |
Low |
1.14 |
0.9 |
0.75 | (Mar 31 2022) |
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(Jun 30 2018) |
Companies with similar Long Term Debt to Equity in the quarter ending Sep 30 2023, within Electric Utilities Industry | Long Term Debt to Equity | Sep 30 2023 MRQ Long Term Debt | Sep 30 2023 MRQ Equity | Spruce Power Holding Corporation | 2.57 | $ 627.329 Millions | $ 244.135 Millions | Itc Holdings Corp | 2.55 | $ 7,153.000 Millions | $ 2,803.000 Millions | Via Renewables Inc | 2.51 | $ 105.000 Millions | $ 41.829 Millions | Ipalco Enterprises Inc | 2.38 | $ 2,616.217 Millions | $ 1,097.595 Millions | Vistra Corp | 2.13 | $ 11,758.000 Millions | $ 5,521.000 Millions | Firstenergy Corp | 2.09 | $ 22,882.000 Millions | $ 10,945.000 Millions | Pg and e Corp | 2.06 | $ 50,343.000 Millions | $ 24,384.000 Millions | Centerpoint Energy Inc | 1.89 | $ 18,093.000 Millions | $ 9,585.000 Millions | Puget Energy Inc | 1.86 | $ 9,033.552 Millions | $ 4,859.871 Millions | Altus Power Inc | 1.80 | $ 908.034 Millions | $ 503.072 Millions | Dominion Energy Inc | 1.80 | $ 50,322.000 Millions | $ 28,028.000 Millions | Entergy Corporation | 1.78 | $ 24,659.343 Millions | $ 13,819.008 Millions | Pnm Resources Inc | 1.71 | $ 3,902.687 Millions | $ 2,286.384 Millions | Edison International | 1.68 | $ 29,532.000 Millions | $ 17,571.000 Millions | Clearway Energy Inc | 1.65 | $ 6,995.000 Millions | $ 4,250.000 Millions | Exelon Corporation | 1.55 | $ 39,431.000 Millions | $ 25,470.000 Millions | Emera Incorporated | 1.46 | $ 13,549.774 Millions | $ 9,259.408 Millions | American Electric Power Co Inc | 1.45 | $ 36,715.500 Millions | $ 25,349.600 Millions | Xcel Energy Inc | 1.44 | $ 24,910.000 Millions | $ 17,309.000 Millions | Nisource Inc | 1.42 | $ 11,011.300 Millions | $ 7,769.300 Millions | Eversource Energy | 1.41 | $ 22,087.267 Millions | $ 15,685.941 Millions | Duke Energy Corporation | 1.38 | $ 71,353.000 Millions | $ 51,826.000 Millions | Hawaiian Electric Industries Inc | 1.32 | $ 2,944.589 Millions | $ 2,224.354 Millions | Pinnacle West Capital Corporation | 1.30 | $ 8,414.372 Millions | $ 6,488.205 Millions | Alliant Energy Corp | 1.25 | $ 8,429.000 Millions | $ 6,726.000 Millions | Ameren Corporation | 1.24 | $ 13,829.000 Millions | $ 11,172.000 Millions | Algonquin Power and Utilities Corp | 1.19 | $ 7,894.174 Millions | $ 6,624.408 Millions | Hydro One Inc | 1.19 | $ 10,943.076 Millions | $ 9,227.236 Millions | Fortis Inc | 1.17 | $ 20,862.010 Millions | $ 17,872.312 Millions | Black Hills Corporation | 1.17 | $ 3,799.510 Millions | $ 3,259.572 Millions |
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