Entergy Cash vs Total Stockholder Equity Analysis

EMP Stock

USD 22.17 0.05 0.23%

Entergy Mississippi financial indicator trend analysis is much more than just examining Entergy Mississippi LLC latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Entergy Mississippi LLC is a good investment. Please check the relationship between Entergy Mississippi Cash and its Total Stockholder Equity accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Entergy Mississippi LLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

Cash vs Total Stockholder Equity

Cash vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Entergy Mississippi LLC Cash account and Total Stockholder Equity. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Entergy Mississippi's Cash and Total Stockholder Equity is -0.33. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Entergy Mississippi LLC, assuming nothing else is changed. The correlation between historical values of Entergy Mississippi's Cash and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Entergy Mississippi LLC are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Cash i.e., Entergy Mississippi's Cash and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.33

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Cash

Cash refers to the most liquid asset of Entergy Mississippi LLC, which is listed under current asset account on Entergy Mississippi LLC balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Entergy Mississippi customers. The amounts must be unrestricted with restricted cash listed in a different Entergy Mississippi account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Most indicators from Entergy Mississippi's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Entergy Mississippi LLC 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 Mississippi LLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

At this time, Entergy Mississippi's Selling General Administrative is relatively stable compared to the past year. As of 12/11/2024, Enterprise Value is likely to grow to about 44.9 B, while Sales General And Administrative To Revenue is likely to drop 0.01.

	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 Mississippi 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	Other Assets	Good Will
Common Stock Shares Outstanding		0.49	0.69	-0.34	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	0.67	0.21	0.42	-0.13	0.26	0.56	0.34	0.36	0.49
Total Assets	0.49		0.93	-0.1	0.88	0.77	0.98	0.92	0.84	0.85	-0.01	1.0	0.5	-0.02	0.92	0.97	0.78	0.44	-0.31	0.99	0.54	0.62	0.61	-0.61	0.46	0.17
Short Long Term Debt Total	0.69	0.93		-0.18	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	0.65	-0.16	0.89	0.33	0.67	0.74	-0.33	0.49	0.13
Other Current Liab	-0.34	-0.1	-0.18		0.12	-0.25	-0.15	-0.18	0.04	0.16	0.04	-0.11	-0.02	0.04	-0.19	-0.08	-0.09	-0.5	-0.49	-0.06	0.01	0.1	-0.04	-0.32	0.39	-0.15
Total Current Liabilities	0.53	0.88	0.88	0.12		0.71	0.89	0.88	0.69	0.86	-0.15	0.89	0.25	-0.16	0.79	0.8	0.65	0.38	-0.16	0.86	0.35	0.82	0.63	-0.5	0.57	0.13
Total Stockholder Equity	0.65	0.77	0.83	-0.25	0.71		0.85	0.84	0.69	0.54	-0.33	0.77	0.42	-0.33	0.76	0.62	0.87	0.65	0.07	0.66	0.41	0.64	0.52	-0.24	0.13	-0.01
Property Plant And Equipment Net	0.62	0.98	0.98	-0.15	0.89	0.85		0.98	0.77	0.82	-0.17	0.98	0.42	-0.17	0.91	0.91	0.77	0.57	-0.21	0.94	0.42	0.67	0.65	-0.46	0.46	0.15
Net Debt	0.71	0.92	1.0	-0.18	0.88	0.84	0.98		0.63	0.81	-0.27	0.93	0.34	-0.28	0.87	0.83	0.68	0.66	-0.15	0.88	0.28	0.68	0.72	-0.31	0.48	0.14
Retained Earnings	0.19	0.84	0.64	0.04	0.69	0.69	0.77	0.63		0.57	0.05	0.82	0.6	0.05	0.74	0.83	0.91	0.11	-0.4	0.82	0.69	0.44	0.3	-0.8	0.15	0.21
Accounts Payable	0.44	0.85	0.84	0.16	0.86	0.54	0.82	0.81	0.57		0.17	0.85	0.4	0.16	0.75	0.84	0.49	0.34	-0.35	0.87	0.49	0.57	0.78	-0.46	0.66	0.09
Cash	-0.16	-0.01	-0.2	0.04	-0.15	-0.33	-0.17	-0.27	0.05	0.17		-0.04	0.15	1.0	-0.19	0.11	-0.14	-0.31	-0.18	0.06	0.47	-0.47	0.05	-0.09	0.07	0.35
Non Current Assets Total	0.51	1.0	0.94	-0.11	0.89	0.77	0.98	0.93	0.82	0.85	-0.04		0.47	-0.05	0.91	0.97	0.76	0.45	-0.3	0.99	0.49	0.63	0.61	-0.58	0.48	0.18
Non Currrent Assets Other	-0.05	0.5	0.37	-0.02	0.25	0.42	0.42	0.34	0.6	0.4	0.15	0.47		0.15	0.51	0.53	0.58	0.18	-0.4	0.49	0.72	0.13	0.38	-0.57	-0.1	-0.12
Cash And Short Term Investments	-0.16	-0.02	-0.21	0.04	-0.16	-0.33	-0.17	-0.28	0.05	0.16	1.0	-0.05	0.15		-0.19	0.1	-0.13	-0.32	-0.18	0.06	0.47	-0.48	0.05	-0.1	0.06	0.35
Net Receivables	0.34	0.92	0.88	-0.19	0.79	0.76	0.91	0.87	0.74	0.75	-0.19	0.91	0.51	-0.19		0.88	0.74	0.51	-0.21	0.89	0.55	0.7	0.59	-0.6	0.25	-0.1
Non Current Liabilities Total	0.36	0.97	0.86	-0.08	0.8	0.62	0.91	0.83	0.83	0.84	0.11	0.97	0.53	0.1	0.88		0.69	0.33	-0.42	0.99	0.57	0.5	0.56	-0.68	0.47	0.2
Inventory	0.35	0.78	0.68	-0.09	0.65	0.87	0.77	0.68	0.91	0.49	-0.14	0.76	0.58	-0.13	0.74	0.69		0.29	-0.18	0.7	0.64	0.5	0.34	-0.59	-0.04	0.09
Other Current Assets	0.67	0.44	0.65	-0.5	0.38	0.65	0.57	0.66	0.11	0.34	-0.31	0.45	0.18	-0.32	0.51	0.33	0.29		0.25	0.36	0.08	0.39	0.69	0.24	0.16	-0.03
Other Stockholder Equity	0.21	-0.31	-0.16	-0.49	-0.16	0.07	-0.21	-0.15	-0.4	-0.35	-0.18	-0.3	-0.4	-0.18	-0.21	-0.42	-0.18	0.25		-0.38	-0.25	0.13	-0.19	0.54	-0.29	-0.19
Total Liab	0.42	0.99	0.89	-0.06	0.86	0.66	0.94	0.88	0.82	0.87	0.06	0.99	0.49	0.06	0.89	0.99	0.7	0.36	-0.38		0.54	0.57	0.6	-0.65	0.5	0.2
Total Current Assets	-0.13	0.54	0.33	0.01	0.35	0.41	0.42	0.28	0.69	0.49	0.47	0.49	0.72	0.47	0.55	0.57	0.64	0.08	-0.25	0.54		0.21	0.38	-0.66	-0.1	-0.11
Short Term Debt	0.26	0.62	0.67	0.1	0.82	0.64	0.67	0.68	0.44	0.57	-0.47	0.63	0.13	-0.48	0.7	0.5	0.5	0.39	0.13	0.57	0.21		0.37	-0.4	0.35	-0.39
Common Stock	0.56	0.61	0.74	-0.04	0.63	0.52	0.65	0.72	0.3	0.78	0.05	0.61	0.38	0.05	0.59	0.56	0.34	0.69	-0.19	0.6	0.38	0.37		-0.1	0.42	0.14
Current Deferred Revenue	0.34	-0.61	-0.33	-0.32	-0.5	-0.24	-0.46	-0.31	-0.8	-0.46	-0.09	-0.58	-0.57	-0.1	-0.6	-0.68	-0.59	0.24	0.54	-0.65	-0.66	-0.4	-0.1		-0.13	0.1
Other Assets	0.36	0.46	0.49	0.39	0.57	0.13	0.46	0.48	0.15	0.66	0.07	0.48	-0.1	0.06	0.25	0.47	-0.04	0.16	-0.29	0.5	-0.1	0.35	0.42	-0.13		0.17
Good Will	0.49	0.17	0.13	-0.15	0.13	-0.01	0.15	0.14	0.21	0.09	0.35	0.18	-0.12	0.35	-0.1	0.2	0.09	-0.03	-0.19	0.2	-0.11	-0.39	0.14	0.1	0.17

Click cells to compare fundamentals

Entergy Mississippi Account Relationship Matchups

Entergy Mississippi 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	1.0B	1.1B	606.4M	712.2M	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	2.4B	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	38.3B	27.1B
Inventory	970.5M	1.1B	1.2B	1.3B	1.6B	957.4M
Other Current Assets	441.2M	380.0M	614.6M	1.0B	523.1M	377.5M
Other Stockholder Equity	1.4B	1.5B	(5.0B)	2.7B	2.7B	1.9B
Total Liab	41.5B	47.3B	47.7B	45.5B	44.7B	31.1B
Total Current Assets	3.0B	4.6B	3.6B	4.1B	3.7B	3.9B
Short Term Debt	2.7B	2.9B	2.3B	3.1B	3.2B	3.4B
Common Stock	2.7M	6.6B	6.8B	7.6B	2.8M	2.7M
Current Deferred Revenue	409.2M	401.5M	395.2M	424.7M	446.1M	387.1M
Accumulated Other Comprehensive Income	(446.9M)	(449.2M)	(332.5M)	(191.8M)	(162.5M)	(170.6M)
Short Term Investments	37.7M	1.6B	270.9B	108.9M	69.5M	66.0M
Property Plant And Equipment Gross	261.0M	304.4M	332.9M	62.9B	72.4B	76.0B

Pair Trading with Entergy Mississippi

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

Moving together with Entergy Stock

0.77	ED	Consolidated Edison	Pair Corr
0.64	ES	Eversource Energy	Pair Corr
0.63	FE	FirstEnergy	Pair Corr

Moving against Entergy Stock

0.88	ADN	Advent Technologies	Pair Corr
0.8	CDZIP	Cadiz Depositary Shares	Pair Corr
0.79	NI	NiSource	Pair Corr
0.77	EVRG	Evergy, Sell-off Trend	Pair Corr
0.75	AY	Atlantica Sustainable	Pair Corr

The ability to find closely correlated positions to Entergy Mississippi 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 Mississippi 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 Mississippi - 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 Mississippi LLC to buy it.

The correlation of Entergy Mississippi 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 Mississippi moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Entergy Mississippi LLC 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 Mississippi 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 Correlation Correlation Matching

Additional Tools for Entergy Stock Analysis

When running Entergy Mississippi's price analysis, check to measure Entergy Mississippi'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 Mississippi is operating at the current time. Most of Entergy Mississippi's value examination focuses on studying past and present price action to predict the probability of Entergy Mississippi'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 Mississippi's price. Additionally, you may evaluate how the addition of Entergy Mississippi to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC