OGE Energy Corporation (OGE)

Debt-to-equity 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 stockholders’ equity US$ in thousands 4,640,900 4,617,100 4,477,700 4,445,300 4,511,600 4,540,700 4,379,100 4,370,000 4,413,400 4,440,700 4,256,900 4,262,700 4,056,300 3,814,900 3,640,800 3,605,500 3,631,800 3,660,700 3,564,200 3,552,700
Debt-to-equity ratio 1.08 1.09 1.08 0.96 0.96 0.96 0.99 0.91 0.80 0.80 0.83 1.05 1.11 1.18 1.23 0.97 0.96 0.95 0.98 0.90

December 31, 2024 calculation

Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $5,020,900K ÷ $4,640,900K
= 1.08

The debt-to-equity ratio of OGE Energy Corporation has shown fluctuations over the period from March 31, 2020, to December 31, 2024. The ratio started at 0.90 on March 31, 2020, indicating a reasonable level of debt relative to equity. It then increased gradually to reach a peak of 1.23 on June 30, 2021, which might have raised concerns about the company's financial leverage.

However, there was a subsequent decrease in the ratio, with values fluctuating between 0.80 and 1.09 in the following quarters. This reduction could suggest that the company took steps to either pay down debt, increase equity, or a combination of both.

Overall, OGE Energy Corporation's debt-to-equity ratio has shown some volatility but has generally maintained within a range that indicates a balanced capital structure. It is essential to monitor future trends in the ratio to assess the company's ongoing financial health and management of its debt obligations relative to its equity position.