Entergy Cash vs Common Stock Shares Outstanding Analysis

ENJ Stock  USD 22.76  0.23  1.00%   
Entergy New financial indicator trend analysis is much more than just examining Entergy New Orleans latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Entergy New Orleans is a good investment. Please check the relationship between Entergy New Cash and its Common Stock Shares Outstanding accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Entergy New Orleans. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Cash vs Common Stock Shares Outstanding

Cash vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Entergy New Orleans Cash account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Entergy New's Cash and Common Stock Shares Outstanding is -0.16. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Entergy New Orleans, assuming nothing else is changed. The correlation between historical values of Entergy New's Cash and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Entergy New Orleans are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Cash i.e., Entergy New's Cash and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

-0.16
Relationship DirectionNegative 
Relationship StrengthInsignificant

Cash

Cash refers to the most liquid asset of Entergy New Orleans, which is listed under current asset account on Entergy New Orleans balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Entergy New customers. The amounts must be unrestricted with restricted cash listed in a different Entergy New account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Entergy New's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Entergy New Orleans 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 New Orleans. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At this time, Entergy New's Enterprise Value Over EBITDA is relatively stable compared to the past year. Enterprise Value Multiple is expected to hike to 204.41 this year, although the value of Tax Provision will most likely fall to nearly 21.3 M.
 2021 2022 2023 2024 (projected)
Gross Profit4.9B5.3B5.3B5.0B
Total Revenue11.7B13.8B12.1B9.8B

Entergy New fundamental ratios Correlations

0.490.69-0.30.530.650.620.710.19-0.49-0.160.510.01-0.160.340.090.350.44-0.010.42-0.020.260.420.340.280.49
0.490.93-0.340.880.770.980.920.84-0.27-0.011.00.14-0.020.920.760.780.09-0.460.990.130.610.91-0.610.350.17
0.690.93-0.350.880.830.981.00.64-0.49-0.20.940.01-0.210.880.620.680.21-0.340.9-0.020.660.9-0.330.440.13
-0.3-0.34-0.35-0.37-0.03-0.29-0.31-0.090.24-0.51-0.33-0.42-0.5-0.13-0.490.01-0.640.89-0.39-0.440.05-0.090.05-0.6-0.27
0.530.880.88-0.370.70.890.880.68-0.31-0.150.890.02-0.150.790.630.650.04-0.430.870.060.810.85-0.50.280.13
0.650.770.83-0.030.70.850.840.69-0.63-0.330.77-0.23-0.330.760.250.87-0.05-0.030.66-0.250.640.85-0.240.24-0.01
0.620.980.98-0.290.890.850.980.77-0.39-0.170.980.03-0.170.910.650.770.12-0.340.940.010.660.93-0.460.380.15
0.710.921.0-0.310.880.840.980.63-0.49-0.270.93-0.01-0.280.870.580.680.19-0.290.88-0.050.670.89-0.310.450.14
0.190.840.64-0.090.680.690.770.63-0.030.050.820.190.050.740.60.91-0.23-0.380.820.210.440.76-0.80.160.21
-0.49-0.27-0.490.24-0.31-0.63-0.39-0.49-0.030.23-0.260.350.24-0.370.08-0.34-0.110.05-0.170.37-0.41-0.41-0.25-0.310.36
-0.16-0.01-0.2-0.51-0.15-0.33-0.17-0.270.050.23-0.040.531.0-0.190.29-0.140.29-0.530.060.66-0.49-0.3-0.09-0.160.35
0.511.00.94-0.330.890.770.980.930.82-0.26-0.040.12-0.050.910.750.760.1-0.440.990.120.620.91-0.580.360.18
0.010.140.01-0.420.02-0.230.03-0.010.190.350.530.120.54-0.030.57-0.050.38-0.50.220.94-0.43-0.15-0.230.240.63
-0.16-0.02-0.21-0.5-0.15-0.33-0.17-0.280.050.241.0-0.050.54-0.190.29-0.130.28-0.540.060.67-0.5-0.31-0.1-0.160.35
0.340.920.88-0.130.790.760.910.870.74-0.37-0.190.91-0.03-0.190.680.74-0.08-0.280.89-0.030.70.93-0.60.29-0.1
0.090.760.62-0.490.630.250.650.580.60.080.290.750.570.290.680.350.28-0.680.830.580.30.58-0.680.380.2
0.350.780.680.010.650.870.770.680.91-0.34-0.140.76-0.05-0.130.740.35-0.31-0.190.71-0.040.50.79-0.590.150.09
0.440.090.21-0.640.04-0.050.120.19-0.23-0.110.290.10.380.28-0.080.28-0.31-0.370.110.35-0.24-0.090.380.560.33
-0.01-0.46-0.340.89-0.43-0.03-0.34-0.29-0.380.05-0.53-0.44-0.5-0.54-0.28-0.68-0.19-0.37-0.53-0.53-0.02-0.210.48-0.57-0.19
0.420.990.9-0.390.870.660.940.880.82-0.170.060.990.220.060.890.830.710.11-0.530.210.570.87-0.650.350.2
-0.020.13-0.02-0.440.06-0.250.01-0.050.210.370.660.120.940.67-0.030.58-0.040.35-0.530.21-0.4-0.17-0.240.090.64
0.260.610.660.050.810.640.660.670.44-0.41-0.490.62-0.43-0.50.70.30.5-0.24-0.020.57-0.40.81-0.40.04-0.39
0.420.910.9-0.090.850.850.930.890.76-0.41-0.30.91-0.15-0.310.930.580.79-0.09-0.210.87-0.170.81-0.580.24-0.15
0.34-0.61-0.330.05-0.5-0.24-0.46-0.31-0.8-0.25-0.09-0.58-0.23-0.1-0.6-0.68-0.590.380.48-0.65-0.24-0.4-0.58-0.080.1
0.280.350.44-0.60.280.240.380.450.16-0.31-0.160.360.24-0.160.290.380.150.56-0.570.350.090.040.24-0.080.07
0.490.170.13-0.270.13-0.010.150.140.210.360.350.180.630.35-0.10.20.090.33-0.190.20.64-0.39-0.150.10.07
Click cells to compare fundamentals

Entergy New Account Relationship Matchups

Entergy New 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 Liab969.7M(3.6B)(3.0B)2.2B2.0B2.1B
Total Current Liabilities5.6B7.1B6.2B6.4B6.3B4.0B
Total Stockholder Equity10.2B10.9B11.6B13.0B14.6B9.9B
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 Payable1.5B115M192.0M110.5M116.5M110.7M
Cash425.7M1.8B442.6M224.2M132.5M125.9M
Non Current Assets Total48.7B53.7B55.8B54.5B56.0B37.1B
Non Currrent Assets Other5.8B6.6B7.1B7.0B2.2B2.1B
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 Total35.8B40.2B41.6B39.2B23.0B26.5B
Inventory970.5M1.1B1.2B1.3B1.6B957.4M
Other Current Assets441.2M383.6M619.9M196.1M26.9M25.6M
Other Stockholder Equity1.4B(5.6B)(5.4B)2.7B2.8B1.7B
Total Liab41.5B47.3B47.7B45.5B45.0B31.1B
Total Current Assets3.0B4.6B3.6B4.1B152.5M144.9M
Short Term Debt2.7B2.8B2.2B3.2B3.2B3.4B
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)
Short Term Investments391.5M1.6B270.9B108.9M(132.5M)(125.9M)
Property Plant And Equipment Gross261.0M304.4M58.3B62.9B56.6B59.5B

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When determining whether Entergy New Orleans offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Entergy New'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 New Orleans Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Entergy New Orleans Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Entergy New Orleans. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
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 New. 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 New listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Return On Equity
0.1183
The market value of Entergy New Orleans 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 New's value that differs from its market value or its book value, called intrinsic value, which is Entergy New'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 New's market value can be influenced by many factors that don't directly affect Entergy New'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 New's value and its price as these two are different measures arrived at by different means. Investors typically determine if Entergy New is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Entergy New'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.