Entergy Total Current Liabilities vs Non Currrent Assets Other 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 Total Current Liabilities and its Non Currrent Assets Other 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.

Total Current Liabilities vs Non Currrent Assets Other

Total Current Liabilities vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Entergy Total Current Liabilities account and Non Currrent Assets Other. At this time, the significance of the direction appears to have very week relationship.
The correlation between Entergy's Total Current Liabilities and Non Currrent Assets Other is 0.25. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Entergy, assuming nothing else is changed. The correlation between historical values of Entergy's Total Current Liabilities and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Entergy are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Total Current Liabilities i.e., Entergy's Total Current Liabilities and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.25
Relationship DirectionPositive 
Relationship StrengthVery Weak

Total Current Liabilities

Total Current Liabilities is an item on Entergy balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Entergy are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
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 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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Additional 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.