OGE Total Revenue vs Total Other Income Expense Net 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 Total Revenue and its Total Other Income Expense Net 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.
Total Revenue vs Total Other Income Expense Net
Total Revenue vs Total Other Income Expense Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of OGE Energy Total Revenue account and Total Other Income Expense Net. At this time, the significance of the direction appears to have very week relationship.
The correlation between OGE Energy's Total Revenue and Total Other Income Expense Net is 0.25. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Total Other Income Expense Net 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 Total Revenue and Total Other Income Expense Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Revenue of OGE Energy are associated (or correlated) with its Total Other Income Expense Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Other Income Expense Net has no effect on the direction of Total Revenue i.e., OGE Energy's Total Revenue and Total Other Income Expense Net go up and down completely randomly.
Correlation Coefficient | 0.25 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Total Revenue
Total revenue comprises all receipts OGE Energy generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Total Other Income Expense Net
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 Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
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.