Entergy Cash Flow To Debt Ratio vs Cash Conversion Cycle Analysis
| ENO Stock | USD 23.45 0.03 0.13% |
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 Flow To Debt Ratio and its Cash Conversion Cycle 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 Flow To Debt Ratio vs Cash Conversion Cycle
Cash Flow To Debt Ratio vs Cash Conversion Cycle Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Entergy New Orleans Cash Flow To Debt Ratio account and Cash Conversion Cycle. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Entergy New's Cash Flow To Debt Ratio and Cash Conversion Cycle is 0.5. Overlapping area represents the amount of variation of Cash Flow To Debt Ratio that can explain the historical movement of Cash Conversion Cycle 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 Flow To Debt Ratio and Cash Conversion Cycle 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 Flow To Debt Ratio of Entergy New Orleans are associated (or correlated) with its Cash Conversion Cycle. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash Conversion Cycle has no effect on the direction of Cash Flow To Debt Ratio i.e., Entergy New's Cash Flow To Debt Ratio and Cash Conversion Cycle go up and down completely randomly.
Correlation Coefficient | 0.5 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Cash Flow To Debt Ratio
Cash Conversion Cycle
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 Tax Provision is very stable compared to the past year. As of the 26th of November 2024, Enterprise Value Over EBITDA is likely to grow to 36.62, while Selling General Administrative is likely to drop about 57.6 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 768.9M | 997.3M | 843.9M | 801.7M | Depreciation And Amortization | 73.5M | 76.9M | 81.3M | 77.2M |
Entergy New fundamental ratios Correlations
Click cells to compare fundamentals
Entergy New Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Entergy New fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Short Long Term Debt Total | 566.3M | 650.9M | 797.7M | 785.8M | 688.3M | 567.2M | |
| Net Debt | 560.3M | 650.9M | 754.8M | 781.4M | 688.3M | 546.7M | |
| Non Current Liabilities Total | 1.1B | 1.2B | 1.3B | 1.2B | 1.0B | 997.5M | |
| Total Liab | 1.2B | 1.3B | 1.5B | 1.5B | 1.3B | 1.2B | |
| Other Current Liab | 41.4M | (8.3M) | (1.3T) | (1.2B) | (986.0M) | (1.0B) | |
| Total Current Liabilities | 183.9M | 166.1M | 249.9M | 338.6M | 252.7M | 261.1M | |
| Total Assets | 1.7B | 1.9B | 2.2B | 2.2B | 2.1B | 2.1B | |
| Total Stockholder Equity | 497.6M | 606.9M | 638.7M | 702.8M | 806.8M | 1.5B | |
| Property Plant And Equipment Net | 1.3B | 1.4B | 1.6B | 1.6B | 1.6B | 1.5B | |
| Current Deferred Revenue | 28.5M | 27.9M | 395.2B | 424.7M | 446.1M | 423.8M | |
| Retained Earnings | 8.7B | 9.3B | 47.6B | 84.1M | 11.9B | 12.5B | |
| Accounts Payable | 87.2M | 115M | 192.0M | 110.5M | 116.5M | 117.0M | |
| Cash | 19.7M | 6.0M | 26K | 42.9M | 4.5M | 24.7K | |
| Non Current Assets Total | 1.6B | 1.8B | 1.9B | 1.9B | 1.9B | 1.4B | |
| Other Assets | 356.8M | 377.8M | 308.8M | 328.6M | 377.9M | 359.0M | |
| Cash And Short Term Investments | 19.7M | 6.0M | 26K | 42.9M | 4.5M | 24.7K | |
| Common Stock Shares Outstanding | 197.0M | 201.1M | 201.9M | 205.5M | 212.4M | 121.9M | |
| Liabilities And Stockholders Equity | 1.7B | 1.9B | 2.2B | 2.2B | 2.1B | 2.1B | |
| Inventory | 15.4M | 18.5M | 22.2M | 28.4M | 33.3M | 17.2M | |
| Other Stockholder Equity | 1.4B | 1.9M | 4.8B | (111.8M) | (219.4M) | (208.4M) | |
| Total Current Assets | 112.4M | 118.7M | 242.4M | 326.2M | 152.5M | 186.5M | |
| Accumulated Other Comprehensive Income | (557.2M) | (446.9M) | (52.4B) | (191.8M) | (162.5M) | (170.6M) | |
| Short Term Debt | 26.8M | 3.7M | 3.6M | 173.9M | 88.9M | 53.4M | |
| Common Stock | 497.6M | 606.9M | 638.7M | 702.8M | 806.8M | 847.1M | |
| Net Receivables | 76.8M | 86.7M | 156.3M | 268.6M | 92.2M | 119.7M | |
| Short Term Investments | 37.7M | 1.6B | 270.9B | 108.9M | 125.2M | 118.9M | |
| Non Currrent Assets Other | 347.3M | 377.8M | 308.8M | 328.6M | 329.1M | 184.4M | |
| Other Current Assets | 14.2M | 13.5M | 21.1M | 24.8M | 26.9M | 23.2M | |
| Property Plant And Equipment Gross | 261.0M | 304.4M | 332.9M | 62.9B | 72.4B | 76.0B | |
| Long Term Debt | 467.4M | 521.5M | 629.7M | 777.3M | 893.8M | 489.8M | |
| Long Term Debt Total | 467.4M | 524.2M | 632.4M | 780.5M | 897.5M | 490.8M | |
| Property Plant Equipment | 146.7M | 201.8M | 12.5M | 22.2M | 25.5M | 24.3M |
Pair Trading with Entergy New
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Entergy New position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Entergy New will appreciate offsetting losses from the drop in the long position's value.Moving against Entergy Stock
| 0.43 | VIRC | Virco Manufacturing | PairCorr |
| 0.43 | VRSK | Verisk Analytics | PairCorr |
| 0.32 | DLHC | DLH Holdings Corp Fiscal Year End 4th of December 2024 | PairCorr |
The ability to find closely correlated positions to Entergy New could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Entergy New when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Entergy New - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Entergy New Orleans to buy it.
The correlation of Entergy New is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Entergy New moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Entergy New Orleans moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Entergy New can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.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 Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Is Environmental & Facilities Services 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 0.0934 |
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.