OGE Energy Corporation (OGE)

Quick 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
Cash	US$ in thousands	600	9,900	100	4,300	200	2,800	300	307,000	88,100	456,200	4,900	0	0	1,500	0	0	1,100	32,000	67,500	145,900
Short-term investments	US$ in thousands	—	—	—	—	—	—	—	—	0	—	—	—	785,100	—	—	—	0	—	—	—
Receivables	US$ in thousands	315,200	418,700	335,600	263,800	299,700	444,100	363,100	295,700	345,000	402,300	349,600	227,900	229,900	325,300	272,000	205,800	233,500	282,300	254,800	203,100
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
Quick ratio		0.26	0.41	0.30	0.19	0.25	0.40	0.32	0.36	0.24	0.46	0.17	0.17	0.93	0.33	0.30	0.11	0.34	0.61	0.54	0.41

December 31, 2024 calculation

Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($600K + $—K + $315,200K) ÷ $1,229,800K
= 0.26

The Quick Ratio of OGE Energy Corporation has exhibited fluctuations over the past few years. From March 2020 to December 2021, the ratio ranged between 0.11 and 0.93. Notably, there was a significant improvement in the quick ratio from December 2021 to September 2022, with the ratio increasing from 0.93 to 0.46. However, the ratio dipped again in the subsequent quarter to 0.24 before recovering slightly to 0.36 in March 2023. The ratio remained relatively stable around the 0.30 to 0.40 range from June 2023 to September 2024, indicating a moderate ability to meet short-term liabilities with liquid assets. Overall, the quick ratio of OGE Energy Corporation reflects varying levels of liquidity and ability to cover immediate obligations throughout the analyzed period.