Entergy Net Debt vs Total Current Assets Analysis

ETR Stock

USD 108.47 1.38 1.26%

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 Net Debt and its Total Current Assets 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 closely tied 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.

Net Debt vs Total Current Assets

Net Debt vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Entergy Net Debt account and Total Current Assets. At this time, the significance of the direction appears to have very week relationship.

The correlation between Entergy's Net Debt and Total Current Assets is 0.28. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Entergy, assuming nothing else is changed. The correlation between historical values of Entergy's Net Debt and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Entergy are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Net Debt i.e., Entergy's Net Debt and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.28

Relationship Direction	Positive
Relationship Strength	Very Weak

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Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

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.

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 closely tied 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 06/09/2024, 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 Profit	4.9B	5.3B	5.3B	5.0B
Total Revenue	11.7B	13.8B	12.1B	9.8B

Gross Profit Total Revenue

Entergy fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Current Deferred Revenue	Common Stock Total Equity	Property Plant And Equipment Gross
Common Stock Shares Outstanding		0.49	0.69	0.22	0.53	0.65	0.62	0.71	0.19	0.44	-0.16	0.51	-0.05	-0.16	0.34	0.36	0.35	0.37	0.62	0.42	-0.13	0.25	0.42	0.34	0.42	0.38
Total Assets	0.49		0.93	0.37	0.88	0.77	0.98	0.92	0.84	0.84	-0.01	1.0	0.5	-0.02	0.92	0.98	0.78	0.1	-0.05	0.99	0.54	0.61	0.91	-0.61	0.83	0.69
Short Long Term Debt Total	0.69	0.93		0.38	0.88	0.83	0.98	1.0	0.64	0.84	-0.2	0.94	0.37	-0.21	0.88	0.86	0.68	0.26	0.28	0.9	0.33	0.66	0.9	-0.33	0.75	0.79
Other Current Liab	0.22	0.37	0.38		0.63	0.55	0.41	0.39	0.47	0.35	-0.3	0.37	0.14	-0.29	0.35	0.24	0.58	-0.26	0.13	0.31	0.27	0.67	0.54	-0.36	0.26	0.49
Total Current Liabilities	0.53	0.88	0.88	0.63		0.71	0.89	0.88	0.69	0.84	-0.15	0.89	0.25	-0.16	0.79	0.8	0.65	0.05	0.09	0.87	0.35	0.81	0.86	-0.5	0.77	0.68
Total Stockholder Equity	0.65	0.77	0.83	0.55	0.71		0.85	0.84	0.69	0.53	-0.33	0.77	0.42	-0.33	0.76	0.63	0.87	0.12	0.39	0.66	0.41	0.63	0.85	-0.24	0.47	0.79
Property Plant And Equipment Net	0.62	0.98	0.98	0.41	0.89	0.85		0.98	0.77	0.82	-0.17	0.98	0.42	-0.17	0.91	0.91	0.77	0.17	0.14	0.94	0.42	0.66	0.93	-0.46	0.79	0.75
Net Debt	0.71	0.92	1.0	0.39	0.88	0.84	0.98		0.63	0.81	-0.27	0.93	0.34	-0.28	0.87	0.84	0.68	0.25	0.3	0.88	0.28	0.67	0.89	-0.31	0.74	0.78
Retained Earnings	0.19	0.84	0.64	0.47	0.69	0.69	0.77	0.63		0.55	0.05	0.82	0.6	0.05	0.74	0.83	0.91	-0.26	-0.39	0.82	0.69	0.44	0.76	-0.8	0.68	0.44
Accounts Payable	0.44	0.84	0.84	0.35	0.84	0.53	0.82	0.81	0.55		0.14	0.84	0.41	0.13	0.74	0.83	0.48	0.33	0.03	0.86	0.46	0.53	0.72	-0.45	0.75	0.68
Cash	-0.16	-0.01	-0.2	-0.3	-0.15	-0.33	-0.17	-0.27	0.05	0.14		-0.04	0.15	1.0	-0.19	0.11	-0.14	0.07	-0.46	0.06	0.47	-0.48	-0.3	-0.09	0.09	-0.34
Non Current Assets Total	0.51	1.0	0.94	0.37	0.89	0.77	0.98	0.93	0.82	0.84	-0.04		0.47	-0.05	0.91	0.97	0.76	0.11	-0.03	0.99	0.49	0.62	0.91	-0.58	0.83	0.68
Non Currrent Assets Other	-0.05	0.5	0.37	0.14	0.25	0.42	0.42	0.34	0.6	0.41	0.15	0.47		0.15	0.51	0.53	0.58	-0.06	-0.25	0.49	0.72	0.13	0.49	-0.57	0.39	0.45
Cash And Short Term Investments	-0.16	-0.02	-0.21	-0.29	-0.16	-0.33	-0.17	-0.28	0.05	0.13	1.0	-0.05	0.15		-0.19	0.1	-0.13	0.05	-0.48	0.06	0.47	-0.49	-0.31	-0.1	0.08	-0.35
Net Receivables	0.34	0.92	0.88	0.35	0.79	0.76	0.91	0.87	0.74	0.74	-0.19	0.91	0.51	-0.19		0.88	0.74	0.03	0.03	0.89	0.55	0.69	0.93	-0.6	0.71	0.8
Non Current Liabilities Total	0.36	0.98	0.86	0.24	0.8	0.63	0.91	0.84	0.83	0.83	0.11	0.97	0.53	0.1	0.88		0.7	0.08	-0.22	0.99	0.57	0.5	0.84	-0.68	0.84	0.58
Inventory	0.35	0.78	0.68	0.58	0.65	0.87	0.77	0.68	0.91	0.48	-0.14	0.76	0.58	-0.13	0.74	0.7		-0.23	-0.08	0.71	0.64	0.5	0.79	-0.59	0.5	0.6
Other Current Assets	0.37	0.1	0.26	-0.26	0.05	0.12	0.17	0.25	-0.26	0.33	0.07	0.11	-0.06	0.05	0.03	0.08	-0.23		0.51	0.09	-0.16	0.01	0.08	0.39	0.07	0.29
Other Stockholder Equity	0.62	-0.05	0.28	0.13	0.09	0.39	0.14	0.3	-0.39	0.03	-0.46	-0.03	-0.25	-0.48	0.03	-0.22	-0.08	0.51		-0.15	-0.39	0.28	0.14	0.7	-0.2	0.45
Total Liab	0.42	0.99	0.9	0.31	0.87	0.66	0.94	0.88	0.82	0.86	0.06	0.99	0.49	0.06	0.89	0.99	0.71	0.09	-0.15		0.53	0.56	0.87	-0.65	0.85	0.62
Total Current Assets	-0.13	0.54	0.33	0.27	0.35	0.41	0.42	0.28	0.69	0.46	0.47	0.49	0.72	0.47	0.55	0.57	0.64	-0.16	-0.39	0.53		0.2	0.47	-0.66	0.42	0.42
Short Term Debt	0.25	0.61	0.66	0.67	0.81	0.63	0.66	0.67	0.44	0.53	-0.48	0.62	0.13	-0.49	0.69	0.5	0.5	0.01	0.28	0.56	0.2		0.81	-0.4	0.4	0.77
Common Stock	0.42	0.91	0.9	0.54	0.86	0.85	0.93	0.89	0.76	0.72	-0.3	0.91	0.49	-0.31	0.93	0.84	0.79	0.08	0.14	0.87	0.47	0.81		-0.58	0.69	0.84
Current Deferred Revenue	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	-0.59	0.39	0.7	-0.65	-0.66	-0.4	-0.58		-0.55	-0.28
Common Stock Total Equity	0.42	0.83	0.75	0.26	0.77	0.47	0.79	0.74	0.68	0.75	0.09	0.83	0.39	0.08	0.71	0.84	0.5	0.07	-0.2	0.85	0.42	0.4	0.69	-0.55		0.37
Property Plant And Equipment Gross	0.38	0.69	0.79	0.49	0.68	0.79	0.75	0.78	0.44	0.68	-0.34	0.68	0.45	-0.35	0.8	0.58	0.6	0.29	0.45	0.62	0.42	0.77	0.84	-0.28	0.37

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Entergy Account Relationship Matchups

Entergy 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	1.1B	944.9M	1.0B	1.1B	1.0B
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	2.7B	2.6B	1.8B	1.6B	1.3B
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	132.5M	125.9M
Net Receivables	1.2B	1.3B	1.4B	1.5B	1.4B	1.2B
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	38.6B	27.1B
Inventory	970.5M	1.1B	1.2B	1.3B	1.6B	957.4M
Other Current Assets	441.2M	380.0M	614.6M	190.6M	213.0M	347.4M
Other Stockholder Equity	1.4B	1.4B	1.5B	2.4B	2.8B	2.1B
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	3.1B	3.2B	3.4B
Current Deferred Revenue	409.2M	401.5M	395.2M	424.7M	446.1M	387.1M
Property Plant And Equipment Gross	36.0B	62.9B	67.5B	68.2B	70.9B	74.4B
Accumulated Other Comprehensive Income	(446.9M)	(449.2M)	(332.5M)	(191.8M)	(162.5M)	(170.6M)
Other Liab	18.3B	18.8B	16.5B	15.1B	17.4B	11.2B
Other Assets	12.3B	15.9B	15.5B	13.9B	16.0B	8.5B
Long Term Debt	17.1B	21.2B	24.8B	23.6B	23.0B	14.4B
Treasury Stock	(5.2B)	(5.1B)	(5.0B)	(5.0B)	(4.5B)	(4.7B)
Property Plant Equipment	35.2B	38.9B	1.9B	2.2B	2.5B	2.4B
Short Term Investments	391.5M	1.6B	270.9M	108.9M	125.2M	118.9M
Net Tangible Assets	10.4B	11.1B	11.3B	13.2B	15.2B	10.8B
Retained Earnings Total Equity	9.3B	9.9B	10.2B	10.5B	12.1B	8.0B
Long Term Debt Total	17.1B	21.2B	24.8B	23.6B	27.2B	18.0B
Capital Surpluse	6.6B	6.5B	6.8B	7.6B	8.8B	6.6B

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Entergy Net Debt vs Total Current Assets Analysis

Net Debt vs Total Current Assets

Net Debt vs Total Current Assets Correlation Analysis

Correlation Coefficient

Net Debt

Total Current Assets

Entergy fundamental ratios Correlations

Entergy Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Entergy fundamental ratios Accounts

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

Additional Tools for Entergy Stock Analysis

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Non Current Assets Total	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total
Cash And Short Term Investments	+ 1.0	Cash
Total Liab	+ 0.99	Total Assets
Total Liab	+ 0.99	Non Current Assets Total
Total Liab	+ 0.99	Non Current Liabilities Total

Current Deferred Revenue	- 0.8	Retained Earnings
Current Deferred Revenue	- 0.68	Non Current Liabilities Total
Current Deferred Revenue	- 0.66	Total Current Assets
Current Deferred Revenue	- 0.65	Total Liab
Current Deferred Revenue	- 0.61	Total Assets
Current Deferred Revenue	- 0.6	Net Receivables