Entergy Change To Inventory vs Capital Expenditures Analysis

ETR Stock  USD 107.53  1.61  1.48%   
Entergy financial indicator trend analysis is much more than just examining Entergy latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Entergy is a good investment. Please check the relationship between Entergy Change To Inventory and its Capital Expenditures accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Entergy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
To learn how to invest in Entergy Stock, please use our How to Invest in Entergy guide.

Change To Inventory vs Capital Expenditures

Change To Inventory vs Capital Expenditures Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Entergy Change To Inventory account and Capital Expenditures. At this time, the significance of the direction appears to have no relationship.
The correlation between Entergy's Change To Inventory and Capital Expenditures is 0.06. Overlapping area represents the amount of variation of Change To Inventory that can explain the historical movement of Capital Expenditures in the same time period over historical financial statements of Entergy, assuming nothing else is changed. The correlation between historical values of Entergy's Change To Inventory and Capital Expenditures is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Inventory of Entergy are associated (or correlated) with its Capital Expenditures. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Expenditures has no effect on the direction of Change To Inventory i.e., Entergy's Change To Inventory and Capital Expenditures go up and down completely randomly.

Correlation Coefficient

0.06
Relationship DirectionPositive 
Relationship StrengthInsignificant

Change To Inventory

The increase or decrease in the amount of inventory a company has over a certain period.

Capital Expenditures

Capital Expenditures are funds used by Entergy to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Entergy operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.
Most indicators from Entergy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Entergy 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. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
To learn how to invest in Entergy Stock, please use our How to Invest in Entergy guide.At this time, Entergy's Selling General Administrative is relatively stable compared to the past year. As of 05/29/2024, Enterprise Value is likely to grow to about 44.9 B, though Tax Provision is likely to grow to (656 M).
 2021 2022 2023 2024 (projected)
Gross Profit4.9B5.3B5.3B5.0B
Total Revenue11.7B13.8B12.1B9.8B

Entergy fundamental ratios Correlations

0.490.690.220.530.650.620.710.190.44-0.160.51-0.05-0.160.340.360.350.370.620.42-0.130.250.420.340.420.38
0.490.930.370.880.770.980.920.840.84-0.011.00.5-0.020.920.980.780.1-0.050.990.540.610.91-0.610.830.69
0.690.930.380.880.830.981.00.640.84-0.20.940.37-0.210.880.860.680.260.280.90.330.660.9-0.330.750.79
0.220.370.380.630.550.410.390.470.35-0.30.370.14-0.290.350.240.58-0.260.130.310.270.670.54-0.360.260.49
0.530.880.880.630.710.890.880.690.84-0.150.890.25-0.160.790.80.650.050.090.870.350.810.86-0.50.770.68
0.650.770.830.550.710.850.840.690.53-0.330.770.42-0.330.760.630.870.120.390.660.410.630.85-0.240.470.79
0.620.980.980.410.890.850.980.770.82-0.170.980.42-0.170.910.910.770.170.140.940.420.660.93-0.460.790.75
0.710.921.00.390.880.840.980.630.81-0.270.930.34-0.280.870.840.680.250.30.880.280.670.89-0.310.740.78
0.190.840.640.470.690.690.770.630.550.050.820.60.050.740.830.91-0.26-0.390.820.690.440.76-0.80.680.44
0.440.840.840.350.840.530.820.810.550.140.840.410.130.740.830.480.330.030.860.460.530.72-0.450.750.68
-0.16-0.01-0.2-0.3-0.15-0.33-0.17-0.270.050.14-0.040.151.0-0.190.11-0.140.07-0.460.060.47-0.48-0.3-0.090.09-0.34
0.511.00.940.370.890.770.980.930.820.84-0.040.47-0.050.910.970.760.11-0.030.990.490.620.91-0.580.830.68
-0.050.50.370.140.250.420.420.340.60.410.150.470.150.510.530.58-0.06-0.250.490.720.130.49-0.570.390.45
-0.16-0.02-0.21-0.29-0.16-0.33-0.17-0.280.050.131.0-0.050.15-0.190.1-0.130.05-0.480.060.47-0.49-0.31-0.10.08-0.35
0.340.920.880.350.790.760.910.870.740.74-0.190.910.51-0.190.880.740.030.030.890.550.690.93-0.60.710.8
0.360.980.860.240.80.630.910.840.830.830.110.970.530.10.880.70.08-0.220.990.570.50.84-0.680.840.58
0.350.780.680.580.650.870.770.680.910.48-0.140.760.58-0.130.740.7-0.23-0.080.710.640.50.79-0.590.50.6
0.370.10.26-0.260.050.120.170.25-0.260.330.070.11-0.060.050.030.08-0.230.510.09-0.160.010.080.390.070.29
0.62-0.050.280.130.090.390.140.3-0.390.03-0.46-0.03-0.25-0.480.03-0.22-0.080.51-0.15-0.390.280.140.7-0.20.45
0.420.990.90.310.870.660.940.880.820.860.060.990.490.060.890.990.710.09-0.150.530.560.87-0.650.850.62
-0.130.540.330.270.350.410.420.280.690.460.470.490.720.470.550.570.64-0.16-0.390.530.20.47-0.660.420.42
0.250.610.660.670.810.630.660.670.440.53-0.480.620.13-0.490.690.50.50.010.280.560.20.81-0.40.40.77
0.420.910.90.540.860.850.930.890.760.72-0.30.910.49-0.310.930.840.790.080.140.870.470.81-0.580.690.84
0.34-0.61-0.33-0.36-0.5-0.24-0.46-0.31-0.8-0.45-0.09-0.58-0.57-0.1-0.6-0.68-0.590.390.7-0.65-0.66-0.4-0.58-0.55-0.28
0.420.830.750.260.770.470.790.740.680.750.090.830.390.080.710.840.50.07-0.20.850.420.40.69-0.550.37
0.380.690.790.490.680.790.750.780.440.68-0.340.680.45-0.350.80.580.60.290.450.620.420.770.84-0.280.37
Click cells to compare fundamentals

Entergy Account Relationship Matchups

Entergy 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 Liab969.7M1.1B944.9M1.0B1.1B1.0B
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 Payable1.5B2.7B2.6B1.8B1.6B1.3B
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 Investments425.7M1.8B442.6M224.2M132.5M125.9M
Net Receivables1.2B1.3B1.4B1.5B1.4B1.2B
Liabilities And Stockholders Equity51.7B58.2B59.5B58.6B59.7B41.0B
Non Current Liabilities Total35.8B40.2B41.6B39.2B38.6B27.1B
Inventory970.5M1.1B1.2B1.3B1.6B957.4M
Other Current Assets441.2M380.0M614.6M190.6M213.0M347.4M
Other Stockholder Equity1.4B1.4B1.5B2.4B2.8B2.1B
Total Liab41.5B47.3B47.7B45.5B45.0B31.1B
Total Current Assets3.0B4.6B3.6B4.1B3.7B3.9B
Short Term Debt2.7B2.8B2.2B3.1B3.2B3.4B
Current Deferred Revenue409.2M401.5M395.2M424.7M446.1M387.1M
Property Plant And Equipment Gross36.0B62.9B67.5B68.2B70.9B74.4B
Accumulated Other Comprehensive Income(446.9M)(449.2M)(332.5M)(191.8M)(162.5M)(170.6M)
Other Liab18.3B18.8B16.5B15.1B17.4B11.2B
Other Assets12.3B15.9B15.5B13.9B16.0B8.5B
Long Term Debt17.1B21.2B24.8B23.6B23.0B14.4B
Treasury Stock(5.2B)(5.1B)(5.0B)(5.0B)(4.5B)(4.7B)
Property Plant Equipment35.2B38.9B1.9B2.2B2.5B2.4B
Short Term Investments391.5M1.6B270.9M108.9M125.2M118.9M
Net Tangible Assets10.4B11.1B11.3B13.2B15.2B10.8B
Retained Earnings Total Equity9.3B9.9B10.2B10.5B12.1B8.0B
Long Term Debt Total17.1B21.2B24.8B23.6B27.2B18.0B
Capital Surpluse6.6B6.5B6.8B7.6B8.8B6.6B

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether Entergy is a strong investment it is important to analyze Entergy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Entergy's future performance. For an informed investment choice regarding Entergy Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Entergy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
To learn how to invest in Entergy Stock, please use our How to Invest in Entergy guide.
You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.

Complementary Tools for Entergy Stock analysis

When running Entergy's price analysis, check to measure Entergy's 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 is operating at the current time. Most of Entergy's value examination focuses on studying past and present price action to predict the probability of Entergy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Entergy's price. Additionally, you may evaluate how the addition of Entergy to your portfolios can decrease your overall portfolio volatility.
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Price Transformation
Use Price Transformation models to analyze the depth of different equity instruments across global markets
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Investing Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Funds Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Portfolio Analyzer
Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
Latest Portfolios
Quick portfolio dashboard that showcases your latest portfolios
Is Entergy's industry 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. 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 listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.76)
Dividend Share
4.4
Earnings Share
9.98
Revenue Per Share
56.415
Quarterly Revenue Growth
(0.06)
The market value of Entergy 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's value that differs from its market value or its book value, called intrinsic value, which is Entergy'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's market value can be influenced by many factors that don't directly affect Entergy'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's value and its price as these two are different measures arrived at by different means. Investors typically determine if Entergy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Entergy'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.