Entergy Property Plant And Equipment Gross vs Cash And Short Term Investments 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 Property Plant And Equipment Gross and its Cash And Short Term Investments 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.

Property Plant And Equipment Gross vs Cash And Short Term Investments

Property Plant And Equipment Gross vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Entergy Property Plant And Equipment Gross account and Cash And Short Term Investments. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Entergy's Property Plant And Equipment Gross and Cash And Short Term Investments is -0.35. Overlapping area represents the amount of variation of Property Plant And Equipment Gross that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Entergy, assuming nothing else is changed. The correlation between historical values of Entergy's Property Plant And Equipment Gross and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Gross of Entergy are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Property Plant And Equipment Gross i.e., Entergy's Property Plant And Equipment Gross and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.35
Relationship DirectionNegative 
Relationship StrengthInsignificant

Property Plant And Equipment Gross

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Entergy balance sheet. This account contains Entergy investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Entergy fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
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 05/28/2024, 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

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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 Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

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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.