OGE Net Income vs Net Interest Income Analysis
OGE Stock | USD 43.81 0.70 1.62% |
OGE Energy financial indicator trend analysis is much more than just breaking down OGE Energy prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether OGE Energy is a good investment. Please check the relationship between OGE Energy Net Income and its Net Interest Income accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OGE Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. For information on how to trade OGE Stock refer to our How to Trade OGE Stock guide.
Net Income vs Net Interest Income
Net Income vs Net Interest Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of OGE Energy Net Income account and Net Interest Income. At this time, the significance of the direction appears to have no relationship.
The correlation between OGE Energy's Net Income and Net Interest Income is 0.0. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Net Interest Income in the same time period over historical financial statements of OGE Energy, assuming nothing else is changed. The correlation between historical values of OGE Energy's Net Income and Net Interest Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of OGE Energy are associated (or correlated) with its Net Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Interest Income has no effect on the direction of Net Income i.e., OGE Energy's Net Income and Net Interest Income go up and down completely randomly.
Correlation Coefficient | 0.0 |
Relationship Direction | Flat |
Relationship Strength | Insignificant |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in OGE Energy financial statement analysis. It represents the amount of money remaining after all of OGE Energy operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Net Interest Income
The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.Most indicators from OGE Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into OGE Energy current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OGE Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. For information on how to trade OGE Stock refer to our How to Trade OGE Stock guide.As of November 25, 2024, Selling General Administrative is expected to decline to about 361.1 M. In addition to that, Tax Provision is expected to decline to about 44.4 M
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.1B | 1.2B | 1.3B | 1.0B | Total Revenue | 3.7B | 3.4B | 2.7B | 2.8B |
OGE Energy fundamental ratios Correlations
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OGE Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
OGE Energy fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 200.7M | 200.1M | 200.3M | 200.8M | 200.9M | 197.2M | |
Total Assets | 11.0B | 10.7B | 12.6B | 12.5B | 12.8B | 7.9B | |
Short Long Term Debt Total | 3.3B | 3.6B | 5.0B | 4.5B | 4.8B | 2.6B | |
Other Current Liab | 268M | 214.1M | 194.7M | 210.6M | 248.8M | 223.1M | |
Total Current Liabilities | 657.9M | 697.4M | 1.1B | 1.8B | 1.2B | 922.5M | |
Total Stockholder Equity | 4.1B | 3.6B | 4.1B | 4.4B | 4.5B | 2.5B | |
Property Plant And Equipment Net | 9.1B | 9.5B | 10.0B | 10.7B | 11.0B | 6.4B | |
Current Deferred Revenue | 83.6M | 83M | 81.1M | 88.8M | 103.5M | 81.9M | |
Net Debt | 2.6B | 3.6B | 5.0B | 4.5B | 4.8B | 2.6B | |
Retained Earnings | 3.0B | 2.5B | 3.0B | 3.3B | 3.4B | 3.5B | |
Accounts Payable | 194.9M | 251.5M | 274M | 448.9M | 276.4M | 284.4M | |
Cash | 681.5M | 1.1M | (358K) | 88.1M | 200K | 190K | |
Non Current Assets Total | 10.6B | 10.3B | 12.0B | 11.2B | 12.0B | 7.2B | |
Non Currrent Assets Other | 315.3M | 431.6M | 1.3B | 129.2M | 718.2M | 754.1M | |
Cash And Short Term Investments | 681.5M | 1.1M | (358K) | 88.1M | 200K | 190K | |
Net Receivables | 268.9M | 233.5M | 229.9M | 345M | 299.7M | 351.7M | |
Liabilities And Stockholders Equity | 11.0B | 10.7B | 12.6B | 12.5B | 12.8B | 7.9B | |
Non Current Liabilities Total | 6.2B | 6.4B | 7.5B | 6.3B | 7.1B | 4.4B | |
Inventory | 136.9M | 152.7M | 158.5M | 289.3M | 412.8M | 433.4M | |
Other Current Assets | 24.4M | 41.2M | 227.8M | 618.4M | 58.8M | 103.4M | |
Other Stockholder Equity | 396.9M | 1.1B | 659.9M | (5.3M) | (1.0) | (0.95) | |
Total Liab | 6.9B | 7.1B | 8.6B | 8.1B | 8.3B | 5.3B | |
Total Current Assets | 430.2M | 428.5M | 613.6M | 1.3B | 771.5M | 699.3M | |
Short Term Debt | 112M | 95M | 486.9M | 999.9M | 502.9M | 302.1M | |
Common Stock | 1.1B | 1.1B | 1.1B | 1.1B | 1.1B | 779.0M | |
Common Stock Total Equity | 1.1B | 1.1B | 1.1B | 1.1B | 1.3B | 840.0M | |
Property Plant And Equipment Gross | 9.1B | 9.5B | 9.8B | 10.5B | 16.2B | 17.0B | |
Accumulated Other Comprehensive Income | (27.9M) | (32.1M) | (24.8M) | (11.9M) | (7.2M) | (7.6M) | |
Other Liab | 3.0B | 2.9B | 2.9B | 2.8B | 3.2B | 3.3B | |
Other Assets | 315.3M | 431.6M | 1.3B | 551.3M | 634.0M | 445.4M | |
Long Term Debt | 3.2B | 3.5B | 4.5B | 3.5B | 4.3B | 2.7B | |
Property Plant Equipment | 9.0B | 9.4B | 9.8B | 10.5B | 12.1B | 7.0B | |
Intangible Assets | 79.8M | 100.2M | 129.4M | 190.4M | 348.7M | 366.1M | |
Short Term Investments | 1.2B | 484.1M | 905.1M | 105.8M | 121.7M | 115.6M | |
Net Tangible Assets | 4.1B | 3.6B | 4.1B | 4.4B | 5.1B | 3.8B | |
Good Will | 154.8M | (107.4M) | (1.4B) | (1.5B) | (1.3B) | (1.3B) | |
Retained Earnings Total Equity | 3.0B | 2.5B | 3.0B | 3.3B | 3.8B | 2.6B |
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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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in OGE Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. For information on how to trade OGE Stock refer to our How to Trade OGE Stock guide.You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
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.