OGE Energy Corporation (OGE)

Current ratio

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Total current assets	US$ in thousands	895,100	896,500	787,300	725,000	771,500	905,100	951,100	1,401,100	1,340,800	1,712,800	1,703,700	657,400	613,600	627,000	484,600	502,700	428,500	488,500	499,000	522,500
Total current liabilities	US$ in thousands	1,229,800	1,041,500	1,109,700	1,429,700	1,179,200	1,107,500	1,127,200	1,665,900	1,802,200	1,876,000	2,125,400	1,342,800	1,089,600	993,900	911,300	1,836,500	697,400	517,400	594,600	855,200
Current ratio		0.73	0.86	0.71	0.51	0.65	0.82	0.84	0.84	0.74	0.91	0.80	0.49	0.56	0.63	0.53	0.27	0.61	0.94	0.84	0.61

December 31, 2024 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $895,100K ÷ $1,229,800K
= 0.73

The current ratio of OGE Energy Corporation has fluctuated over the past few years, ranging from a low of 0.27 as of March 31, 2021 to a high of 0.94 as of September 30, 2020. The current ratio measures the company's ability to cover its short-term liabilities with its current assets.

A current ratio below 1 indicates that the company may have difficulty meeting its short-term obligations. OGE Energy Corporation experienced a current ratio below 1 in multiple quarters, suggesting potential liquidity challenges during those periods.

The company's current ratio improved significantly in the following quarters, reaching a peak of 0.91 as of September 30, 2022. This improvement indicates a better ability to cover short-term liabilities with current assets.

However, the current ratio decreased in subsequent quarters, with fluctuations observed up to December 31, 2024. The downward trend in the current ratio could raise concerns about the company's liquidity position and its ability to meet short-term obligations.

Overall, monitoring OGE Energy Corporation's current ratio is essential to assess its liquidity and financial health. An increasing trend in the current ratio would indicate improved short-term liquidity, while a declining trend may signal potential liquidity risks.