Entergy Current Deferred Revenue vs Good Will Analysis

EMP Stock  USD 22.10  0.02  0.09%   
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 Current Deferred Revenue and its Good Will 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.

Current Deferred Revenue vs Good Will

Current Deferred Revenue vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Entergy Mississippi LLC Current Deferred Revenue account and Good Will. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Entergy Mississippi's Current Deferred Revenue and Good Will is 0.1. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Good Will 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 Current Deferred Revenue and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Entergy Mississippi LLC are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Current Deferred Revenue i.e., Entergy Mississippi's Current Deferred Revenue and Good Will go up and down completely randomly.

Correlation Coefficient

0.1
Relationship DirectionPositive 
Relationship StrengthInsignificant

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
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 Profit4.9B5.3B5.3B5.0B
Total Revenue11.7B13.8B12.1B9.8B

Entergy Mississippi fundamental ratios Correlations

0.490.69-0.340.530.650.620.710.190.44-0.160.51-0.05-0.160.340.360.350.670.210.42-0.130.260.560.340.360.49
0.490.93-0.10.880.770.980.920.840.85-0.011.00.5-0.020.920.970.780.44-0.310.990.540.620.61-0.610.460.17
0.690.93-0.180.880.830.981.00.640.84-0.20.940.37-0.210.880.860.680.65-0.160.890.330.670.74-0.330.490.13
-0.34-0.1-0.180.12-0.25-0.15-0.180.040.160.04-0.11-0.020.04-0.19-0.08-0.09-0.5-0.49-0.060.010.1-0.04-0.320.39-0.15
0.530.880.880.120.710.890.880.690.86-0.150.890.25-0.160.790.80.650.38-0.160.860.350.820.63-0.50.570.13
0.650.770.83-0.250.710.850.840.690.54-0.330.770.42-0.330.760.620.870.650.070.660.410.640.52-0.240.13-0.01
0.620.980.98-0.150.890.850.980.770.82-0.170.980.42-0.170.910.910.770.57-0.210.940.420.670.65-0.460.460.15
0.710.921.0-0.180.880.840.980.630.81-0.270.930.34-0.280.870.830.680.66-0.150.880.280.680.72-0.310.480.14
0.190.840.640.040.690.690.770.630.570.050.820.60.050.740.830.910.11-0.40.820.690.440.3-0.80.150.21
0.440.850.840.160.860.540.820.810.570.170.850.40.160.750.840.490.34-0.350.870.490.570.78-0.460.660.09
-0.16-0.01-0.20.04-0.15-0.33-0.17-0.270.050.17-0.040.151.0-0.190.11-0.14-0.31-0.180.060.47-0.470.05-0.090.070.35
0.511.00.94-0.110.890.770.980.930.820.85-0.040.47-0.050.910.970.760.45-0.30.990.490.630.61-0.580.480.18
-0.050.50.37-0.020.250.420.420.340.60.40.150.470.150.510.530.580.18-0.40.490.720.130.38-0.57-0.1-0.12
-0.16-0.02-0.210.04-0.16-0.33-0.17-0.280.050.161.0-0.050.15-0.190.1-0.13-0.32-0.180.060.47-0.480.05-0.10.060.35
0.340.920.88-0.190.790.760.910.870.740.75-0.190.910.51-0.190.880.740.51-0.210.890.550.70.59-0.60.25-0.1
0.360.970.86-0.080.80.620.910.830.830.840.110.970.530.10.880.690.33-0.420.990.570.50.56-0.680.470.2
0.350.780.68-0.090.650.870.770.680.910.49-0.140.760.58-0.130.740.690.29-0.180.70.640.50.34-0.59-0.040.09
0.670.440.65-0.50.380.650.570.660.110.34-0.310.450.18-0.320.510.330.290.250.360.080.390.690.240.16-0.03
0.21-0.31-0.16-0.49-0.160.07-0.21-0.15-0.4-0.35-0.18-0.3-0.4-0.18-0.21-0.42-0.180.25-0.38-0.250.13-0.190.54-0.29-0.19
0.420.990.89-0.060.860.660.940.880.820.870.060.990.490.060.890.990.70.36-0.380.540.570.6-0.650.50.2
-0.130.540.330.010.350.410.420.280.690.490.470.490.720.470.550.570.640.08-0.250.540.210.38-0.66-0.1-0.11
0.260.620.670.10.820.640.670.680.440.57-0.470.630.13-0.480.70.50.50.390.130.570.210.37-0.40.35-0.39
0.560.610.74-0.040.630.520.650.720.30.780.050.610.380.050.590.560.340.69-0.190.60.380.37-0.10.420.14
0.34-0.61-0.33-0.32-0.5-0.24-0.46-0.31-0.8-0.46-0.09-0.58-0.57-0.1-0.6-0.68-0.590.240.54-0.65-0.66-0.4-0.1-0.130.1
0.360.460.490.390.570.130.460.480.150.660.070.48-0.10.060.250.47-0.040.16-0.290.5-0.10.350.42-0.130.17
0.490.170.13-0.150.13-0.010.150.140.210.090.350.18-0.120.35-0.10.20.09-0.03-0.190.2-0.11-0.390.140.10.17
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Entergy Mississippi Account Relationship Matchups

Entergy Mississippi 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 Liab969.7M1.0B1.1B606.4M712.2M1.0B
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 Payable1.5B2.7B2.4B1.8B1.6B1.3B
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 Total35.8B40.2B41.6B39.2B38.3B27.1B
Inventory970.5M1.1B1.2B1.3B1.6B957.4M
Other Current Assets441.2M380.0M614.6M1.0B523.1M377.5M
Other Stockholder Equity1.4B1.5B(5.0B)2.7B2.7B1.9B
Total Liab41.5B47.3B47.7B45.5B44.7B31.1B
Total Current Assets3.0B4.6B3.6B4.1B3.7B3.9B
Short Term Debt2.7B2.9B2.3B3.1B3.2B3.4B
Common Stock2.7M6.6B6.8B7.6B2.8M2.7M
Current Deferred Revenue409.2M401.5M395.2M424.7M446.1M387.1M
Accumulated Other Comprehensive Income(446.9M)(449.2M)(332.5M)(191.8M)(162.5M)(170.6M)
Short Term Investments37.7M1.6B270.9B108.9M69.5M66.0M
Property Plant And Equipment Gross261.0M304.4M332.9M62.9B72.4B76.0B

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

  0.77ED Consolidated Edison Sell-off TrendPairCorr
  0.64ES Eversource EnergyPairCorr
  0.63FE FirstEnergyPairCorr

Moving against Entergy Stock

  0.88ADN Advent Technologies TrendingPairCorr
  0.8CDZIP Cadiz Depositary SharesPairCorr
  0.79NI NiSourcePairCorr
  0.77EVRG Evergy, Sell-off TrendPairCorr
  0.75AY Atlantica SustainablePairCorr
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 CorrelationCorrelation 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.