OGE Other Current Assets from 2010 to 2024

OGE Stock  USD 43.85  0.04  0.09%   
OGE Energy's Other Current Assets are increasing over the years with slightly volatile fluctuation. Overall, Other Current Assets are expected to go to about 103.4 M this year. Other Current Assets is 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. View All Fundamentals
 
Other Current Assets  
First Reported
1994-03-31
Previous Quarter
67.5 M
Current Value
63 M
Quarterly Volatility
121.2 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check OGE Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among OGE Energy's main balance sheet or income statement drivers, such as Interest Expense of 239.9 M, Total Revenue of 2.8 B or Gross Profit of 1 B, as well as many indicators such as Price To Sales Ratio of 2.75, Dividend Yield of 0.0494 or PTB Ratio of 1.46. OGE financial statements analysis is a perfect complement when working with OGE Energy Valuation or Volatility modules.
  
Check out the analysis of OGE Energy Correlation against competitors.
For information on how to trade OGE Stock refer to our How to Trade OGE Stock guide.

Latest OGE Energy's Other Current Assets Growth Pattern

Below is the plot of the Other Current Assets of OGE Energy over the last few years. It is 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. OGE Energy's Other Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in OGE Energy's overall financial position and show how it may be relating to other accounts over time.
Other Current Assets10 Years Trend
Slightly volatile
   Other Current Assets   
       Timeline  

OGE Other Current Assets Regression Statistics

Arithmetic Mean100,223,946
Geometric Mean61,758,460
Coefficient Of Variation151.47
Mean Deviation86,518,314
Median54,600,000
Standard Deviation151,808,449
Sample Variance23045.8T
Range594M
R-Value0.42
Mean Square Error20397.6T
R-Squared0.18
Significance0.12
Slope14,326,837
Total Sum of Squares322641.3T

OGE Other Current Assets History

2024103.4 M
202358.8 M
2022618.4 M
2021227.8 M
202041.2 M
201924.4 M
201829.5 M

About OGE Energy Financial Statements

OGE Energy stakeholders use historical fundamental indicators, such as OGE Energy's Other Current Assets, to determine how well the company is positioned to perform in the future. Although OGE Energy investors may analyze each financial statement separately, they are all interrelated. For example, changes in OGE Energy's assets and liabilities are reflected in the revenues and expenses on OGE Energy's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in OGE Energy. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Other Current Assets58.8 M103.4 M

Also Currently Popular

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 the analysis of OGE Energy Correlation against competitors.
For information on how to trade OGE Stock refer to our How to Trade OGE Stock guide.
You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
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.