OGE Energy Corporation (OGE)

Debt-to-assets 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
Long-term debt	US$ in thousands	5,020,900	5,020,800	4,821,800	4,261,900	4,340,500	4,339,700	4,339,000	3,994,100	3,548,700	3,548,200	3,547,600	4,497,000	4,496,400	4,495,800	4,495,200	3,495,000	3,494,400	3,493,900	3,493,400	3,195,600
Total assets	US$ in thousands	13,716,000	13,475,800	13,211,800	12,918,000	12,790,700	12,743,200	12,604,600	12,790,300	12,544,700	12,604,000	12,838,000	13,093,600	12,606,400	12,177,500	11,899,500	11,788,700	10,718,800	10,497,600	10,439,100	10,370,900
Debt-to-assets ratio		0.37	0.37	0.36	0.33	0.34	0.34	0.34	0.31	0.28	0.28	0.28	0.34	0.36	0.37	0.38	0.30	0.33	0.33	0.33	0.31

December 31, 2024 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $5,020,900K ÷ $13,716,000K
= 0.37

The debt-to-assets ratio of OGE Energy Corporation has shown some fluctuations over the reported period from March 2020 to December 2024. The ratio started at 0.31 in March 2020, increased gradually to reach 0.38 in June 2021, and then decreased to 0.28 by June 2022. Subsequently, there were slight variations but overall the ratio remained relatively stable around the range of 0.28 to 0.37 from September 2022 to December 2024.

This ratio indicates the proportion of the company's assets financed by debt. A lower ratio signifies lower reliance on borrowed funds for financing assets, indicating a stronger financial position and less risk associated with debt obligations. Conversely, a higher ratio may indicate a higher level of debt relative to assets, potentially raising concerns about financial risk and solvency.

Overall, the trend in OGE Energy Corporation's debt-to-assets ratio suggests a relatively moderate level of leverage, with fluctuations indicating changes in the company's capital structure over the observed period. It would be important to monitor future trends in this ratio to assess the company's ongoing financial health and risk profile.