Entergy Net Tangible Assets vs Short Term Debt Analysis

ENJ Stock  USD 22.99  0.47  2.09%   
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 Net Tangible Assets and its Short Term Debt 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.

Net Tangible Assets vs Short Term Debt

Net Tangible Assets vs Short Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Entergy New Orleans Net Tangible Assets account and Short Term Debt. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Entergy New's Net Tangible Assets and Short Term Debt is 0.56. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Short Term Debt 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 Net Tangible Assets and Short Term Debt 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 New Orleans are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Net Tangible Assets i.e., Entergy New's Net Tangible Assets and Short Term Debt go up and down completely randomly.

Correlation Coefficient

0.56
Relationship DirectionPositive 
Relationship StrengthWeak

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.

Short Term Debt

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.
The value of Tax Provision is estimated to pull down to about 21.3 M. The value of Sales General And Administrative To Revenue is expected to pull down to 0.01
 2021 2022 2023 2024 (projected)
Gross Profit4.9B5.3B5.3B5.0B
Total Revenue11.7B13.8B12.1B9.8B

Entergy New fundamental ratios Correlations

0.490.69-0.30.530.650.620.710.19-0.49-0.160.51-0.05-0.160.130.090.030.44-0.010.42-0.130.260.420.340.280.49
0.490.93-0.330.880.770.980.920.84-0.27-0.011.00.5-0.030.280.760.240.09-0.460.990.540.610.91-0.610.350.17
0.690.93-0.350.880.830.981.00.64-0.49-0.20.940.37-0.220.190.620.10.21-0.340.90.330.660.9-0.330.440.13
-0.3-0.33-0.35-0.35-0.02-0.29-0.31-0.090.22-0.51-0.33-0.15-0.52-0.46-0.5-0.41-0.650.89-0.38-0.220.07-0.080.05-0.6-0.28
0.530.880.88-0.350.710.890.880.69-0.32-0.150.890.25-0.160.220.620.170.03-0.420.870.350.810.86-0.50.270.13
0.650.770.83-0.020.710.850.840.69-0.63-0.330.770.42-0.36-0.170.24-0.13-0.05-0.030.660.410.640.85-0.240.24-0.01
0.620.980.98-0.290.890.850.980.77-0.39-0.170.980.42-0.180.190.650.140.12-0.340.940.420.660.93-0.460.380.15
0.710.921.0-0.310.880.840.980.63-0.49-0.270.930.34-0.280.180.580.080.19-0.290.880.280.670.89-0.310.450.14
0.190.840.64-0.090.690.690.770.63-0.030.050.820.60.040.20.60.32-0.23-0.380.820.690.440.76-0.80.160.21
-0.49-0.27-0.490.22-0.32-0.63-0.39-0.49-0.030.23-0.26-0.270.270.350.080.35-0.110.05-0.17-0.24-0.41-0.41-0.25-0.310.36
-0.16-0.01-0.2-0.51-0.15-0.33-0.17-0.270.050.23-0.040.151.00.420.290.450.29-0.530.060.47-0.49-0.3-0.09-0.160.35
0.511.00.94-0.330.890.770.980.930.82-0.26-0.040.47-0.060.280.750.220.1-0.440.990.490.620.91-0.580.360.18
-0.050.50.37-0.150.250.420.420.340.6-0.270.150.470.130.110.490.23-0.11-0.380.490.720.130.49-0.570.28-0.12
-0.16-0.03-0.22-0.52-0.16-0.36-0.18-0.280.040.271.0-0.060.130.480.30.510.31-0.540.050.44-0.52-0.33-0.09-0.140.4
0.130.280.19-0.460.22-0.170.190.180.20.350.420.280.110.480.710.940.44-0.490.360.18-0.210.0-0.240.240.64
0.090.760.62-0.50.620.240.650.580.60.080.290.750.490.30.710.650.28-0.680.830.540.30.58-0.680.380.2
0.030.240.1-0.410.17-0.130.140.080.320.350.450.220.230.510.940.650.31-0.520.310.33-0.25-0.02-0.340.210.62
0.440.090.21-0.650.03-0.050.120.19-0.23-0.110.290.1-0.110.310.440.280.31-0.370.11-0.19-0.24-0.090.380.560.33
-0.01-0.46-0.340.89-0.42-0.03-0.34-0.29-0.380.05-0.53-0.44-0.38-0.54-0.49-0.68-0.52-0.37-0.53-0.49-0.02-0.210.48-0.57-0.19
0.420.990.9-0.380.870.660.940.880.82-0.170.060.990.490.050.360.830.310.11-0.530.530.570.87-0.650.350.2
-0.130.540.33-0.220.350.410.420.280.69-0.240.470.490.720.440.180.540.33-0.19-0.490.530.210.47-0.66-0.01-0.11
0.260.610.660.070.810.640.660.670.44-0.41-0.490.620.13-0.52-0.210.3-0.25-0.24-0.020.570.210.81-0.40.04-0.39
0.420.910.9-0.080.860.850.930.890.76-0.41-0.30.910.49-0.330.00.58-0.02-0.09-0.210.870.470.81-0.580.24-0.15
0.34-0.61-0.330.05-0.5-0.24-0.46-0.31-0.8-0.25-0.09-0.58-0.57-0.09-0.24-0.68-0.340.380.48-0.65-0.66-0.4-0.58-0.080.1
0.280.350.44-0.60.270.240.380.450.16-0.31-0.160.360.28-0.140.240.380.210.56-0.570.35-0.010.040.24-0.080.07
0.490.170.13-0.280.13-0.010.150.140.210.360.350.18-0.120.40.640.20.620.33-0.190.2-0.11-0.39-0.150.10.07
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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)2.2B2.2B2.3B
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 Payable1.5B115M192.0M110.5M116.5M110.7M
Cash425.7M1.8B442.6M224.2M132.5M125.9M
Non Current Assets Total48.7B53.7B55.8B54.5B56.0B37.1B
Non Currrent Assets Other5.8B6.6B7.1B7.0B6.5B6.7B
Cash And Short Term Investments425.7M1.8B442.6M224.2M26K24.7K
Net Receivables1.2B1.3B1.4B1.5B92.2M87.6M
Liabilities And Stockholders Equity51.7B58.2B59.5B58.6B59.7B41.0B
Non Current Liabilities Total35.8B40.2B41.6B39.2B23.0B26.5B
Inventory970.5M1.1B1.2B1.3B33.3M31.7M
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 Assets3.0B4.6B3.6B4.1B3.7B3.9B
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 Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
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.