Entergy Net Interest Income vs Selling General Administrative Analysis

ETR Stock  USD 112.95  1.65  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 Net Interest Income and its Selling General Administrative 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.

Net Interest Income vs Selling General Administrative

Net Interest Income vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Entergy Net Interest Income account and Selling General Administrative. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Entergy's Net Interest Income and Selling General Administrative is 0.12. Overlapping area represents the amount of variation of Net Interest Income that can explain the historical movement of Selling General Administrative 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 Interest Income and Selling General Administrative 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 Interest Income of Entergy are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Net Interest Income i.e., Entergy's Net Interest Income and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

0.12
Relationship DirectionPositive 
Relationship StrengthInsignificant

Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.

Selling General Administrative

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 05/15/2024, 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

Pair Trading with Entergy

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 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 will appreciate offsetting losses from the drop in the long position's value.

Moving together with Entergy Stock

  0.95D Dominion Energy Sell-off TrendPairCorr
  0.95ED Consolidated Edison Sell-off TrendPairCorr
  0.79ES Eversource EnergyPairCorr
  0.88FE FirstEnergyPairCorr

Moving against Entergy Stock

  0.69HE Hawaiian ElectricPairCorr
  0.68EBR Centrais ElectricasPairCorr
  0.62GNE Genie EnergyPairCorr
  0.57CMS-PC CMS EnergyPairCorr
The ability to find closely correlated positions to Entergy 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 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 - 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 to buy it.
The correlation of Entergy 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 moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Entergy 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 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.
Pair CorrelationCorrelation Matching
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 Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.

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.
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Global Correlations
Find global opportunities by holding instruments from different markets
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
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.