Entergy Capital Lease Obligations from 2010 to 2024

ETR Stock  USD 151.06  0.49  0.32%   
Entergy Capital Lease Obligations yearly trend continues to be relatively stable with very little volatility. Capital Lease Obligations is likely to drop to about 17.4 M. Capital Lease Obligations is the total obligations of Entergy under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee. View All Fundamentals
 
Capital Lease Obligations  
First Reported
2009-12-31
Previous Quarter
20.9 M
Current Value
20.4 M
Quarterly Volatility
69.9 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Entergy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Entergy's main balance sheet or income statement drivers, such as Interest Expense of 1.1 B, Total Revenue of 9.8 B or Gross Profit of 5 B, as well as many indicators such as Price To Sales Ratio of 0.98, Dividend Yield of 0.0488 or PTB Ratio of 1.18. Entergy financial statements analysis is a perfect complement when working with Entergy Valuation or Volatility modules.
  
Check out the analysis of Entergy Correlation against competitors.
To learn how to invest in Entergy Stock, please use our How to Invest in Entergy guide.

Latest Entergy's Capital Lease Obligations Growth Pattern

Below is the plot of the Capital Lease Obligations of Entergy over the last few years. Entergy capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Entergy asset purchases. For example, Entergy can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Entergy control over an asset for a big portion of its life. It is the total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee. Entergy's Capital Lease Obligations historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Entergy's overall financial position and show how it may be relating to other accounts over time.
Capital Lease Obligations10 Years Trend
Slightly volatile
   Capital Lease Obligations   
       Timeline  

Entergy Capital Lease Obligations Regression Statistics

Arithmetic Mean46,284,759
Geometric Mean28,411,313
Coefficient Of Variation184.42
Mean Deviation41,059,765
Median22,015,000
Standard Deviation85,357,545
Sample Variance7285.9T
Range336.8M
R-Value(0.49)
Mean Square Error5995.8T
R-Squared0.24
Significance0.07
Slope(9,269,159)
Total Sum of Squares102002.7T

Entergy Capital Lease Obligations History

202417.4 M
202318.3 M
201820.4 M
201722 M
201627 M
201527 M
201429.7 M

About Entergy Financial Statements

Entergy shareholders use historical fundamental indicators, such as Capital Lease Obligations, to determine how well the company is positioned to perform in the future. Although Entergy investors may analyze each financial statement separately, they are all interrelated. The changes in Entergy's assets and liabilities, for example, are also reflected in the revenues and expenses on on Entergy's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Capital Lease Obligations18.3 M17.4 M

Pair Trading with Entergy

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Entergy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Entergy will appreciate offsetting losses from the drop in the long position's value.

Moving against Entergy Stock

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The ability to find closely correlated positions to Entergy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Entergy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Entergy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Entergy to buy it.
The correlation of Entergy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Entergy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Entergy moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Entergy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Entergy Stock Analysis

When running Entergy's price analysis, check to measure Entergy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Entergy is operating at the current time. Most of Entergy's value examination focuses on studying past and present price action to predict the probability of Entergy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Entergy's price. Additionally, you may evaluate how the addition of Entergy to your portfolios can decrease your overall portfolio volatility.