Entergy Total Assets vs Accounts Payable 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 Total Assets and its Accounts Payable 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.
Total Assets vs Accounts Payable
Total Assets vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Entergy New Orleans Total Assets account and Accounts Payable. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Entergy New's Total Assets and Accounts Payable is -0.27. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Accounts Payable 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 Total Assets and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Entergy New Orleans are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Total Assets i.e., Entergy New's Total Assets and Accounts Payable go up and down completely randomly.
Correlation Coefficient | -0.27 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Total Assets
Total assets refers to the total amount of Entergy New assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Entergy New Orleans books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Accounts Payable
An accounting item on the balance sheet that represents Entergy New obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Entergy New Orleans are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.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 Profit | 4.9B | 5.3B | 5.3B | 5.0B | Total Revenue | 11.7B | 13.8B | 12.1B | 9.8B |
Entergy New fundamental ratios Correlations
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Entergy New Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Entergy New fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Common Stock Shares Outstanding | 197.0M | 201.1M | 201.9M | 205.5M | 212.4M | 162.2M | |
| Total Assets | 51.7B | 58.2B | 59.5B | 58.6B | 59.7B | 41.0B | |
| Short Long Term Debt Total | 19.8B | 24.0B | 27.1B | 26.8B | 26.2B | 14.4B | |
| Other Current Liab | 969.7M | (3.6B) | (3.0B) | 2.2B | 2.2B | 2.3B | |
| Total Current Liabilities | 5.6B | 7.1B | 6.2B | 6.4B | 6.4B | 4.0B | |
| Total Stockholder Equity | 10.2B | 10.9B | 11.6B | 13.0B | 14.7B | 9.9B | |
| Property Plant And Equipment Net | 36.0B | 39.4B | 42.7B | 42.9B | 44.3B | 27.3B | |
| Net Debt | 19.4B | 22.2B | 26.6B | 26.5B | 26.1B | 13.5B | |
| Retained Earnings | 9.3B | 9.9B | 10.2B | 10.5B | 11.9B | 7.3B | |
| Accounts Payable | 1.5B | 115M | 192.0M | 110.5M | 116.5M | 110.7M | |
| Cash | 425.7M | 1.8B | 442.6M | 224.2M | 132.5M | 125.9M | |
| Non Current Assets Total | 48.7B | 53.7B | 55.8B | 54.5B | 56.0B | 37.1B | |
| Non Currrent Assets Other | 5.8B | 6.6B | 7.1B | 7.0B | 6.5B | 6.7B | |
| Cash And Short Term Investments | 425.7M | 1.8B | 442.6M | 224.2M | 26K | 24.7K | |
| Net Receivables | 1.2B | 1.3B | 1.4B | 1.5B | 92.2M | 87.6M | |
| Liabilities And Stockholders Equity | 51.7B | 58.2B | 59.5B | 58.6B | 59.7B | 41.0B | |
| Non Current Liabilities Total | 35.8B | 40.2B | 41.6B | 39.2B | 23.0B | 26.5B | |
| Inventory | 970.5M | 1.1B | 1.2B | 1.3B | 33.3M | 31.7M | |
| Other Current Assets | 441.2M | 383.6M | 619.9M | 196.1M | 26.9M | 25.6M | |
| Other Stockholder Equity | 1.4B | (5.6B) | (5.4B) | 2.7B | 2.8B | 1.7B | |
| Total Liab | 41.5B | 47.3B | 47.7B | 45.5B | 45.0B | 31.1B | |
| Total Current Assets | 3.0B | 4.6B | 3.6B | 4.1B | 3.7B | 3.9B | |
| Short Term Debt | 2.7B | 2.8B | 2.2B | 3.2B | 3.2B | 3.4B | |
| Current Deferred Revenue | 409.2M | 401.5M | 395.2M | 424.7M | 446.1M | 387.1M | |
| Accumulated Other Comprehensive Income | (446.9M) | (449.2M) | (332.5M) | (191.8M) | (162.5M) | (170.6M) | |
| Short Term Investments | 391.5M | 1.6B | 270.9B | 108.9M | (132.5M) | (125.9M) | |
| Property Plant And Equipment Gross | 261.0M | 304.4M | 58.3B | 62.9B | 56.6B | 59.5B |
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Try AI Portfolio ArchitectCheck 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 Fundamental Analysis module to view fundamental data based on most recent published financial statements.
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.