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OGE Energy (OGE Energy) Total Current Liabilities : $1,179 Mil (As of Dec. 2023)


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What is OGE Energy Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. OGE Energy's total current liabilities for the quarter that ended in Dec. 2023 was $1,179


OGE Energy Total Current Liabilities Historical Data

The historical data trend for OGE Energy's Total Current Liabilities can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

OGE Energy Total Current Liabilities Chart

OGE Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 657.90 697.40 1,089.60 1,802.20 1,179.20

OGE Energy Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Total Current Liabilities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,802.20 1,665.90 1,127.20 1,107.50 1,179.20

OGE Energy Total Current Liabilities Calculation

Total Current Liabilities is the total amount of liabilities that the company needs to pay over the next 12 months.

OGE Energy's Total Current Liabilities for the fiscal year that ended in Dec. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=465.2+499.2
+Other Current Liabilities+Current Deferred Liabilities
=111.3+103.5
=1,179

OGE Energy's Total Current Liabilities for the quarter that ended in Dec. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=465.2+499.2
+Other Current Liabilities+Current Deferred Liabilities
=111.3+103.5
=1,179

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The increase of Total Current Liabilities of a company is not necessarily a bad thing. This may conserve the company's cash and contribute positively to cash flow.

Total Current Liabilities is linked to Total Current Assets through the Current Ratio and Working Capital. The Current Ratio is equal to dividing total current assets by total current liabilities. It is frequently used as an indicator of a company's liquidity, its ability to meet short-term obligations. Net working capital is calculated as Total Current Assets minus Total Current Liabilities.


Be Aware

Stay away from companies that roll over the debt e.g. Bear Stearns

When investing in financial institutions, Buffett shies from those who are bigger borrowers of short term than long term debt.

His favorite Wells Fargo has 57 cents short term debt for every dollar of long term.

Aggressive banks (like Bank of America) has $2.09 short term for every dollar long term


OGE Energy Total Current Liabilities Related Terms

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OGE Energy (OGE Energy) Business Description

Traded in Other Exchanges
Address
321 North Harvey, P.O. Box 321, Oklahoma, OK, USA, 73101-0321
OGE Energy is a holding company for Oklahoma Gas & Electric, a regulated utility with electricity generation, transmission, and distribution to 900,000 customers in Oklahoma and western Arkansas. In December 2021, OGE divested its 25.5% stake in Enable Midstream Partners, an oil and gas services company it created in 2013 through a unit exchange merger with Energy Transfer. OGE sold its 95.4 million limited partner units of Energy Transfer throughout 2022. OGE sold is retail gas business in 1928 and no longer has any gas operations.
Executives
David L Hauser director 704-731-1522, CHARLOTTE NC 28209-4674
Cathy R. Gates director C/O TEMPUR SEALY INTERNATIONAL, INC., 1000 TEMPUR WAY, LEXINGTON KY 40511
David E Rainbolt director C/O BANCFIRST CORP, 100 N BROADWAY, OKLAHOMA CITY OK 73102
Whitfield Johnny W Jr officer: VP Bus Intel, Supp Chain-OG&E PO BOX 321, OKLAHOMA CITY OK 73101
Keith E Erickson officer: VP Sales & Cust Oper (OG&E) PO BOX 321, OKLAHOMA CITY OK 73101
Cristina F Mcquistion officer: VP Process & Perf Improvement P.O. BOX 321, OKLAHOMA CITY OK 73101
Patricia D Horn officer: VP-Gov, Env; Corp Sec PO BOX 321, OKLAHOMA CITY OK 73101
David A Parker officer: VP- Tech, Data, Security-OG&E PO BOX 321, OKLAHOMA CITY OK 73101
Kissam Luther C Iv director 3801 BERESFORD ROAD, CHARLOTTE NC 28211
Christine Ostendorf Woodworth officer: VP- Corp Com Brand & Marketing C/O OGE ENERGY CORP., PO BOX 321, OKLAHOMA CITY OK 73101
J. Michael Sanner director 3701 STONEHURST, JONES OK 73049
Scott A Briggs officer: VP- Human Resources-OG&E PO BOX 321, OKLAHOMA CITY OK 73103
Robert J Burch officer: VP- Utility Technical Services PO BOX 321, OKLAHOMA CITY OK 73101
Matthew J Schuermann officer: VP- Power Supply Ops-OG&E PO BOX 321, OKLAHOMA CITY OK 73101
William Bryan Buckler officer: Chief Financial Officer C/O OGE ENERGY CORP., PO BOX 321, OKLAHOMA CITY OK 73103