OGE Non Current Liabilities Total vs Other Current Assets Analysis

OGE Stock  USD 43.96  0.12  0.27%   
OGE Energy financial indicator trend analysis is much more than just breaking down OGE Energy prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether OGE Energy is a good investment. Please check the relationship between OGE Energy Non Current Liabilities Total and its Other Current Assets accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OGE Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
For information on how to trade OGE Stock refer to our How to Trade OGE Stock guide.

Non Current Liabilities Total vs Other Current Assets

Non Current Liabilities Total vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of OGE Energy Non Current Liabilities Total account and Other Current Assets. At this time, the significance of the direction appears to have very week relationship.
The correlation between OGE Energy's Non Current Liabilities Total and Other Current Assets is 0.26. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of OGE Energy, assuming nothing else is changed. The correlation between historical values of OGE Energy's Non Current Liabilities Total and Other Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of OGE Energy are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Non Current Liabilities Total i.e., OGE Energy's Non Current Liabilities Total and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.26
Relationship DirectionPositive 
Relationship StrengthVery Weak

Non Current Liabilities Total

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Most indicators from OGE Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into OGE Energy current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OGE Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
For information on how to trade OGE Stock refer to our How to Trade OGE Stock guide.As of December 1, 2024, Selling General Administrative is expected to decline to about 361.1 M. In addition to that, Tax Provision is expected to decline to about 44.4 M
 2021 2022 2023 2024 (projected)
Gross Profit1.1B1.2B1.3B1.0B
Total Revenue3.7B3.4B2.7B2.8B

OGE Energy fundamental ratios Correlations

0.870.690.780.450.80.8-0.840.660.720.540.140.860.020.140.50.790.310.12-0.030.870.40.190.970.980.5
0.870.930.580.580.950.98-0.520.90.760.530.181.00.220.180.280.970.310.36-0.090.990.480.390.90.920.51
0.690.930.370.650.850.94-0.320.990.710.580.040.920.30.040.240.930.410.48-0.30.950.540.510.720.760.58
0.780.580.370.360.470.54-0.790.340.370.560.140.58-0.460.140.570.490.2-0.150.030.60.270.020.770.770.3
0.450.580.650.360.460.6-0.280.680.420.84-0.190.52-0.16-0.190.530.430.460.73-0.40.610.870.920.440.460.39
0.80.950.850.470.460.93-0.380.790.810.340.30.960.360.30.110.910.290.340.080.910.380.340.850.860.48
0.80.980.940.540.60.93-0.410.910.750.570.180.970.180.180.270.950.380.37-0.160.970.480.40.840.870.57
-0.84-0.52-0.32-0.79-0.28-0.38-0.41-0.32-0.33-0.53-0.03-0.520.3-0.03-0.6-0.44-0.020.070.05-0.56-0.25-0.01-0.79-0.75-0.16
0.660.90.990.340.680.790.91-0.320.660.59-0.130.880.28-0.130.250.90.430.48-0.340.920.560.540.690.730.57
0.720.760.710.370.420.810.75-0.330.660.340.240.760.470.240.240.680.670.35-0.030.730.40.30.630.690.83
0.540.530.580.560.840.340.57-0.530.590.34-0.140.48-0.42-0.140.710.410.440.53-0.540.590.780.580.510.520.39
0.140.180.040.14-0.190.30.18-0.03-0.130.24-0.140.20.121.0-0.10.17-0.16-0.050.280.1-0.17-0.230.160.14-0.01
0.861.00.920.580.520.960.97-0.520.880.760.480.20.250.20.220.980.280.29-0.060.980.40.330.910.920.5
0.020.220.3-0.46-0.160.360.180.30.280.47-0.420.120.250.12-0.570.310.130.220.050.19-0.160.020.00.020.27
0.140.180.040.14-0.190.30.18-0.03-0.130.24-0.141.00.20.12-0.10.17-0.16-0.050.280.1-0.17-0.230.160.14-0.01
0.50.280.240.570.530.110.27-0.60.250.240.71-0.10.22-0.57-0.10.140.460.19-0.160.320.630.310.390.430.4
0.790.970.930.490.430.910.95-0.440.90.680.410.170.980.310.170.140.210.26-0.090.970.330.250.850.860.45
0.310.310.410.20.460.290.38-0.020.430.670.44-0.160.280.13-0.160.460.210.28-0.380.320.510.360.160.290.92
0.120.360.48-0.150.730.340.370.070.480.350.53-0.050.290.22-0.050.190.260.28-0.270.360.790.790.120.10.19
-0.03-0.09-0.30.03-0.40.08-0.160.05-0.34-0.03-0.540.28-0.060.050.28-0.16-0.09-0.38-0.27-0.16-0.33-0.310.02-0.03-0.3
0.870.990.950.60.610.910.97-0.560.920.730.590.10.980.190.10.320.970.320.36-0.160.510.410.90.920.52
0.40.480.540.270.870.380.48-0.250.560.40.78-0.170.4-0.16-0.170.630.330.510.79-0.330.510.790.360.390.38
0.190.390.510.020.920.340.4-0.010.540.30.58-0.230.330.02-0.230.310.250.360.79-0.310.410.790.20.210.24
0.970.90.720.770.440.850.84-0.790.690.630.510.160.910.00.160.390.850.160.120.020.90.360.20.990.35
0.980.920.760.770.460.860.87-0.750.730.690.520.140.920.020.140.430.860.290.1-0.030.920.390.210.990.47
0.50.510.580.30.390.480.57-0.160.570.830.39-0.010.50.27-0.010.40.450.920.19-0.30.520.380.240.350.47
Click cells to compare fundamentals

OGE Energy Account Relationship Matchups

OGE Energy fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding200.7M200.1M200.3M200.8M200.9M197.2M
Total Assets11.0B10.7B12.6B12.5B12.8B7.9B
Short Long Term Debt Total3.3B3.6B5.0B4.5B4.8B2.6B
Other Current Liab268M214.1M194.7M210.6M252.5M223.2M
Total Current Liabilities657.9M697.4M1.1B1.8B1.2B922.5M
Total Stockholder Equity4.1B3.6B4.1B4.4B4.5B2.5B
Property Plant And Equipment Net9.1B9.5B10.0B10.7B11.3B6.4B
Current Deferred Revenue83.6M83M81.1M88.8M103.5M81.9M
Net Debt2.6B3.6B5.0B4.5B4.8B2.6B
Retained Earnings3.0B2.5B3.0B3.3B3.4B3.5B
Accounts Payable194.9M251.5M274M448.9M276.4M284.4M
Cash681.5M1.1M(358K)88.1M200K190K
Non Current Assets Total10.6B10.3B12.0B11.2B12.0B7.2B
Non Currrent Assets Other315.3M431.6M1.3B129.2M369.5M388.0M
Cash And Short Term Investments681.5M1.1M(358K)88.1M200K190K
Net Receivables268.9M233.5M229.9M345M299.7M351.7M
Liabilities And Stockholders Equity11.0B10.7B12.6B12.5B12.8B7.9B
Non Current Liabilities Total6.2B6.4B7.5B6.3B7.1B4.4B
Inventory136.9M152.7M158.5M289.3M412.8M433.4M
Other Current Assets24.4M41.2M227.8M618.4M58.8M103.4M
Other Stockholder Equity396.9M1.1B659.9M(5.3M)(1.0)(0.95)
Total Liab6.9B7.1B8.6B8.1B8.3B5.3B
Total Current Assets430.2M428.5M613.6M1.3B771.5M699.3M
Short Term Debt112M95M486.9M999.9M499.2M302.0M
Common Stock1.1B1.1B1.1B1.1B1.1B779.0M
Common Stock Total Equity1.1B1.1B1.1B1.1B1.3B840.0M
Property Plant And Equipment Gross9.1B9.5B9.8B10.5B16.2B17.0B
Accumulated Other Comprehensive Income(27.9M)(32.1M)(24.8M)(11.9M)(7.2M)(7.6M)
Other Liab3.0B2.9B2.9B2.8B3.2B3.3B
Other Assets315.3M431.6M1.3B551.3M634.0M445.4M
Long Term Debt3.2B3.5B4.5B3.5B4.3B2.7B
Property Plant Equipment9.0B9.4B9.8B10.5B12.1B7.0B
Intangible Assets79.8M100.2M129.4M190.4M348.7M366.1M
Short Term Investments1.2B484.1M905.1M105.8M121.7M115.6M
Net Tangible Assets4.1B3.6B4.1B4.4B5.1B3.8B
Good Will154.8M(107.4M)(1.4B)(1.5B)(1.3B)(1.3B)
Retained Earnings Total Equity3.0B2.5B3.0B3.3B3.8B2.6B

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether OGE Energy is a strong investment it is important to analyze OGE Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact OGE Energy's future performance. For an informed investment choice regarding OGE Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OGE Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
For information on how to trade OGE Stock refer to our How to Trade OGE Stock guide.
You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Is Electric Utilities space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of OGE Energy. If investors know OGE will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about OGE Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.09)
Dividend Share
1.676
Earnings Share
1.93
Revenue Per Share
13.916
Quarterly Revenue Growth
0.021
The market value of OGE Energy is measured differently than its book value, which is the value of OGE that is recorded on the company's balance sheet. Investors also form their own opinion of OGE Energy's value that differs from its market value or its book value, called intrinsic value, which is OGE Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because OGE Energy's market value can be influenced by many factors that don't directly affect OGE Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between OGE Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if OGE Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OGE Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.