Entergy Texas Net Income vs. Total Debt
| ETI-P Preferred Stock | USD 24.83 0.10 0.40% |
For Entergy Texas profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Entergy Texas to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Entergy Texas utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Entergy Texas's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Entergy Texas over time as well as its relative position and ranking within its peers.
Entergy |
Entergy Texas Total Debt vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Entergy Texas's current stock value. Our valuation model uses many indicators to compare Entergy Texas value to that of its competitors to determine the firm's financial worth. Entergy Texas is one of the top stocks in net income category among its peers. It also is rated as one of the top companies in total debt category among its peers making up about 10.29 of Total Debt per Net Income. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Entergy Texas' earnings, one of the primary drivers of an investment's value.Entergy Total Debt vs. Net Income
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Entergy Texas |
| = | 228.82 M |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Entergy Texas |
| = | 2.35 B |
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
Entergy Total Debt vs Competition
Entergy Texas is rated as one of the top companies in total debt category among its peers. Total debt of Utilities-Regulated Electric industry is currently estimated at about 87.8 Billion. Entergy Texas holds roughly 2.35 Billion in total debt claiming about 2.68% of Utilities-Regulated Electric industry.
Entergy Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Entergy Texas. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Entergy Texas position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Entergy Texas' important profitability drivers and their relationship over time.
Use Entergy Texas in pair-trading
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 Texas 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 Texas will appreciate offsetting losses from the drop in the long position's value.Entergy Texas Pair Trading
Entergy Texas Pair Trading Analysis
The ability to find closely correlated positions to Entergy Texas 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 Texas 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 Texas - 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 Texas to buy it.
The correlation of Entergy Texas 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 Texas moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Entergy Texas 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 Texas 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.Use Investing Themes to Complement your Entergy Texas position
In addition to having Entergy Texas in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Additional Tools for Entergy Preferred Stock Analysis
When running Entergy Texas' price analysis, check to measure Entergy Texas' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Entergy Texas is operating at the current time. Most of Entergy Texas' value examination focuses on studying past and present price action to predict the probability of Entergy Texas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Entergy Texas' price. Additionally, you may evaluate how the addition of Entergy Texas to your portfolios can decrease your overall portfolio volatility.