Is it safe?
Can OGE take a bad year?
OGE Energy Corp. carries $5.86B of net debt at 4.38× EBITDA: a heavy load to carry through a bad year.
$5.86B
Net debt · as at Q1 2026 · over four years of earnings before interest, tax and depreciation, heavy
- Net debt / EBITDA
- 4.38×
Net debt / EBITDA · 4.33× a year ago · the load is going up
- Altman Z-score
- 1.39
Altman Z-score · distress zone, below 1.8
- Interest cover
- 2.96×
Interest cover · operating profit covers the interest bill, with room to spare
Details›
- Total debtQ1 2026
- $5.86B
- Cash and short-term investments
- $200K
- Net debt
- $5.86B
- EBITDA, trailing twelve months
- $1.34B
- Operating profit, trailing twelve months
- $779M
- Debt / equity
- 1.19×
- Total debt / EBITDA
- 4.38×
- Annualised volatilitytwo years of daily moves
- 17%
- Worst drawdown on file
- −49%
- Below its 52-week high
- −6.8%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Utilities - Regulated Electric
Ranks #24 of 37 by Smart Score