Entergy Net Tangible Assets vs Good Will Analysis

ELC Stock  USD 22.02  0.02  0.09%   
Entergy Louisiana financial indicator trend analysis is much more than just examining Entergy Louisiana LLC latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Entergy Louisiana LLC is a good investment. Please check the relationship between Entergy Louisiana Net Tangible Assets and its Good Will accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Entergy Louisiana LLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Net Tangible Assets vs Good Will

Net Tangible Assets vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Entergy Louisiana LLC Net Tangible Assets account and Good Will. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Entergy Louisiana's Net Tangible Assets and Good Will is -0.21. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Good Will in the same time period over historical financial statements of Entergy Louisiana LLC, assuming nothing else is changed. The correlation between historical values of Entergy Louisiana's Net Tangible Assets and Good Will 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 Tangible Assets of Entergy Louisiana LLC are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Net Tangible Assets i.e., Entergy Louisiana's Net Tangible Assets and Good Will go up and down completely randomly.

Correlation Coefficient

-0.21
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Most indicators from Entergy Louisiana's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Entergy Louisiana LLC 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Entergy Louisiana LLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
At present, Entergy Louisiana's Enterprise Value is projected to increase significantly based on the last few years of reporting.
 2021 2022 2023 2024 (projected)
Gross Profit4.9B5.3B5.3B5.0B
Total Revenue11.7B13.8B12.1B9.8B

Entergy Louisiana fundamental ratios Correlations

0.490.69-0.340.530.650.620.710.190.44-0.160.51-0.05-0.160.340.360.350.670.220.42-0.130.260.560.340.490.4
0.490.93-0.10.880.770.980.920.840.85-0.011.00.5-0.020.920.970.780.44-0.30.990.540.620.61-0.610.170.48
0.690.93-0.180.880.830.981.00.640.84-0.20.940.37-0.210.880.860.680.65-0.150.890.330.670.74-0.330.130.55
-0.34-0.1-0.180.12-0.25-0.15-0.180.040.160.04-0.11-0.020.04-0.19-0.08-0.09-0.5-0.5-0.060.010.1-0.04-0.32-0.150.38
0.530.880.880.120.710.890.880.690.86-0.150.890.25-0.160.790.80.650.38-0.150.860.350.820.63-0.50.130.52
0.650.770.83-0.250.710.850.840.690.54-0.330.770.42-0.330.760.620.870.650.090.660.410.640.52-0.24-0.010.27
0.620.980.98-0.150.890.850.980.770.82-0.170.980.42-0.170.910.910.770.57-0.20.940.420.670.65-0.460.150.47
0.710.921.0-0.180.880.840.980.630.81-0.270.930.34-0.280.870.830.680.66-0.140.880.280.680.72-0.310.140.51
0.190.840.640.040.690.690.770.630.570.050.820.60.050.740.830.910.11-0.380.820.690.440.3-0.80.210.2
0.440.850.840.160.860.540.820.810.570.170.850.40.160.750.840.490.34-0.350.870.490.570.78-0.460.090.82
-0.16-0.01-0.20.04-0.15-0.33-0.17-0.270.050.17-0.040.151.0-0.190.11-0.14-0.31-0.180.060.47-0.470.05-0.090.350.31
0.511.00.94-0.110.890.770.980.930.820.85-0.040.47-0.050.910.970.760.45-0.290.990.490.630.61-0.580.180.48
-0.050.50.37-0.020.250.420.420.340.60.40.150.470.150.510.530.580.18-0.390.490.720.130.38-0.57-0.120.27
-0.16-0.02-0.210.04-0.16-0.33-0.17-0.280.050.161.0-0.050.15-0.190.1-0.13-0.32-0.190.060.47-0.480.05-0.10.350.31
0.340.920.88-0.190.790.760.910.870.740.75-0.190.910.51-0.190.880.740.51-0.20.890.550.70.59-0.6-0.10.33
0.360.970.86-0.080.80.620.910.830.830.840.110.970.530.10.880.690.33-0.420.990.570.50.56-0.680.20.47
0.350.780.68-0.090.650.870.770.680.910.49-0.140.760.58-0.130.740.690.29-0.160.70.640.50.34-0.590.090.17
0.670.440.65-0.50.380.650.570.660.110.34-0.310.450.18-0.320.510.330.290.250.360.080.390.690.24-0.030.23
0.22-0.3-0.15-0.5-0.150.09-0.2-0.14-0.38-0.35-0.18-0.29-0.39-0.19-0.2-0.42-0.160.25-0.37-0.250.14-0.190.54-0.19-0.45
0.420.990.89-0.060.860.660.940.880.820.870.060.990.490.060.890.990.70.36-0.370.540.570.6-0.650.20.5
-0.130.540.330.010.350.410.420.280.690.490.470.490.720.470.550.570.640.08-0.250.540.210.38-0.66-0.110.3
0.260.620.670.10.820.640.670.680.440.57-0.470.630.13-0.480.70.50.50.390.140.570.210.37-0.4-0.390.21
0.560.610.74-0.040.630.520.650.720.30.780.050.610.380.050.590.560.340.69-0.190.60.380.37-0.10.140.74
0.34-0.61-0.33-0.32-0.5-0.24-0.46-0.31-0.8-0.46-0.09-0.58-0.57-0.1-0.6-0.68-0.590.240.54-0.65-0.66-0.4-0.10.1-0.11
0.490.170.13-0.150.13-0.010.150.140.210.090.350.18-0.120.35-0.10.20.09-0.03-0.190.2-0.11-0.390.140.10.11
0.40.480.550.380.520.270.470.510.20.820.310.480.270.310.330.470.170.23-0.450.50.30.210.74-0.110.11
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Entergy Louisiana Account Relationship Matchups

Entergy Louisiana fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding197.0M201.1M201.9M205.5M212.4M162.2M
Total Assets51.7B58.2B59.5B58.6B59.7B41.0B
Short Long Term Debt Total19.8B24.0B27.1B26.8B26.2B14.4B
Other Current Liab969.7M1.0B1.1B606.4M712.2M1.0B
Total Current Liabilities5.6B7.1B6.2B6.4B6.4B4.0B
Total Stockholder Equity10.2B10.9B11.6B13.0B14.7B9.9B
Property Plant And Equipment Net36.0B39.4B42.7B42.9B44.3B27.3B
Net Debt19.4B22.2B26.6B26.5B26.1B13.5B
Retained Earnings9.3B9.9B10.2B10.5B11.9B7.3B
Accounts Payable1.5B2.7B2.4B1.8B1.6B1.3B
Cash425.7M1.8B442.6M224.2M132.5M125.9M
Non Current Assets Total48.7B53.7B55.8B54.5B56.0B37.1B
Non Currrent Assets Other5.8B6.6B7.1B7.0B6.5B6.7B
Cash And Short Term Investments425.7M1.8B442.6M224.2M132.5M125.9M
Net Receivables1.2B1.3B1.4B1.5B1.4B1.2B
Liabilities And Stockholders Equity51.7B58.2B59.5B58.6B59.7B41.0B
Non Current Liabilities Total35.8B40.2B41.6B39.2B38.3B27.1B
Inventory970.5M1.1B1.2B1.3B1.6B957.4M
Other Current Assets441.2M380.0M614.6M1.0B523.1M377.5M
Other Stockholder Equity1.4B1.5B(5.0B)2.7B2.8B1.9B
Total Liab41.5B47.3B47.7B45.5B44.7B31.1B
Total Current Assets3.0B4.6B3.6B4.1B3.7B3.9B
Short Term Debt2.7B2.9B2.3B3.1B3.2B3.4B
Common Stock2.7M6.6B6.8B7.6B2.8M2.7M
Current Deferred Revenue409.2M401.5M395.2M424.7M446.1M387.1M
Accumulated Other Comprehensive Income(446.9M)(449.2M)(332.5M)(191.8M)(162.5M)(170.6M)
Other Assets2.9B3.4B15.5T(31.6B)(36.4B)(34.6B)

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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 Entergy Louisiana LLC offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Entergy Louisiana's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Entergy Louisiana Llc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Entergy Louisiana Llc Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Entergy Louisiana LLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the Stocks Directory module to find actively traded stocks across global markets.
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 Entergy Louisiana. If investors know Entergy 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 Entergy Louisiana listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Entergy Louisiana LLC is measured differently than its book value, which is the value of Entergy that is recorded on the company's balance sheet. Investors also form their own opinion of Entergy Louisiana's value that differs from its market value or its book value, called intrinsic value, which is Entergy Louisiana'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 Entergy Louisiana's market value can be influenced by many factors that don't directly affect Entergy Louisiana'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 Entergy Louisiana's value and its price as these two are different measures arrived at by different means. Investors typically determine if Entergy Louisiana is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Entergy Louisiana'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.