Entergy Total Current Assets vs Property Plant Equipment 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 Current Assets and its Property Plant Equipment 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 Current Assets vs Property Plant Equipment

Total Current Assets vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Entergy New Orleans Total Current Assets account and Property Plant Equipment. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Entergy New's Total Current Assets and Property Plant Equipment is -0.45. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Property Plant Equipment 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 Current Assets and Property Plant Equipment 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 Current Assets of Entergy New Orleans are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Total Current Assets i.e., Entergy New's Total Current Assets and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

-0.45
Relationship DirectionNegative 
Relationship StrengthVery Weak

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Property Plant Equipment

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.
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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.