Entergy Ptb Ratio vs Capex To Depreciation Analysis

ENO Stock

USD 23.26 0.01 0.04%

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

Ptb Ratio vs Capex To Depreciation

Ptb Ratio vs Capex To Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Entergy New Orleans Ptb Ratio account and Capex To Depreciation. At this time, the significance of the direction appears to have no relationship.

The correlation between Entergy New's Ptb Ratio and Capex To Depreciation is 0.07. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Capex To Depreciation in the same time period over historical financial statements of Entergy New Orleans, assuming nothing else is changed. The correlation between historical values of Entergy New's Ptb Ratio and Capex To Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ptb Ratio of Entergy New Orleans are associated (or correlated) with its Capex To Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Depreciation has no effect on the direction of Ptb Ratio i.e., Entergy New's Ptb Ratio and Capex To Depreciation go up and down completely randomly.

Correlation Coefficient

0.07

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.

Capex To Depreciation

The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.

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

At this time, Entergy New's Tax Provision is very stable compared to the past year. As of the 1st of December 2024, Enterprise Value Over EBITDA is likely to grow to 36.62, while Selling General Administrative is likely to drop about 57.6 M.

	2021	2022	2023	2024 (projected)
Total Revenue	768.9M	997.3M	843.9M	801.7M
Depreciation And Amortization	73.5M	76.9M	81.3M	77.2M

Total Revenue Depreciation And Amortization

Entergy New fundamental ratios Correlations

	Short Long Term Debt Total	Net Debt	Non Current Liabilities Total	Total Liab	Other Current Liab	Total Current Liabilities	Total Assets	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Other Assets	Cash And Short Term Investments	Good Will	Common Stock Shares Outstanding	Inventory	Other Stockholder Equity	Total Current Assets	Short Term Debt	Common Stock	Net Receivables	Short Term Investments	Non Currrent Assets Other
Short Long Term Debt Total		0.99	0.94	0.97	-0.41	-0.4	-0.45	-0.49	-0.44	0.41	0.57	-0.39	-0.39	-0.42	-0.13	-0.39	0.41	0.39	-0.38	-0.42	0.37	-0.41	0.9	0.53	0.41	0.91
Net Debt	0.99		0.91	0.96	-0.39	-0.36	-0.41	-0.44	-0.4	0.39	0.59	-0.35	-0.49	-0.38	-0.12	-0.49	0.39	0.48	-0.33	-0.39	0.33	-0.35	0.91	0.56	0.39	0.91
Non Current Liabilities Total	0.94	0.91		0.95	-0.34	-0.51	-0.53	-0.56	-0.52	0.34	0.54	-0.48	-0.29	-0.5	-0.02	-0.29	0.34	0.36	-0.49	-0.5	0.27	-0.55	0.84	0.37	0.33	0.89
Total Liab	0.97	0.96	0.95		-0.36	-0.58	-0.62	-0.65	-0.61	0.36	0.51	-0.57	-0.42	-0.59	-0.09	-0.42	0.36	0.29	-0.56	-0.59	0.27	-0.58	0.85	0.45	0.36	0.87
Other Current Liab	-0.41	-0.39	-0.34	-0.36		0.03	0.05	0.07	0.04	-1.0	-0.65	-0.06	-0.09	0.04	0.09	-0.09	-1.0	-0.21	0.02	-0.13	-0.33	0.15	-0.24	-0.29	-1.0	-0.25
Total Current Liabilities	-0.4	-0.36	-0.51	-0.58	0.03		0.99	0.99	0.99	-0.02	-0.05	0.99	0.31	0.99	0.12	0.31	-0.02	0.37	0.99	0.97	0.25	0.96	-0.22	0.14	-0.03	-0.31
Total Assets	-0.45	-0.41	-0.53	-0.62	0.05	0.99		1.0	1.0	-0.04	-0.04	0.99	0.37	1.0	0.16	0.37	-0.05	0.34	0.98	0.98	0.2	0.93	-0.26	0.05	-0.05	-0.33
Total Stockholder Equity	-0.49	-0.44	-0.56	-0.65	0.07	0.99	1.0		1.0	-0.06	-0.07	0.99	0.37	1.0	0.16	0.37	-0.07	0.31	0.98	0.98	0.17	0.93	-0.29	0.03	-0.07	-0.37
Property Plant And Equipment Net	-0.44	-0.4	-0.52	-0.61	0.04	0.99	1.0	1.0		-0.04	-0.03	0.99	0.35	1.0	0.15	0.35	-0.04	0.36	0.99	0.98	0.19	0.93	-0.26	0.06	-0.04	-0.33
Current Deferred Revenue	0.41	0.39	0.34	0.36	-1.0	-0.02	-0.04	-0.06	-0.04		0.65	0.06	0.09	-0.03	-0.09	0.09	1.0	0.22	-0.02	0.13	0.33	-0.14	0.24	0.29	1.0	0.25
Retained Earnings	0.57	0.59	0.54	0.51	-0.65	-0.05	-0.04	-0.07	-0.03	0.65		0.05	-0.23	-0.02	-0.05	-0.23	0.65	0.46	-0.03	0.05	-0.01	-0.2	0.5	0.11	0.65	0.56
Accounts Payable	-0.39	-0.35	-0.48	-0.57	-0.06	0.99	0.99	0.99	0.99	0.06	0.05		0.34	0.99	0.14	0.34	0.06	0.39	0.98	0.99	0.22	0.92	-0.21	0.09	0.06	-0.3
Cash	-0.39	-0.49	-0.29	-0.42	-0.09	0.31	0.37	0.37	0.35	0.09	-0.23	0.34		0.36	0.1	1.0	0.09	-0.43	0.29	0.39	0.3	0.19	-0.46	-0.23	0.09	-0.38
Non Current Assets Total	-0.42	-0.38	-0.5	-0.59	0.04	0.99	1.0	1.0	1.0	-0.03	-0.02	0.99	0.36		0.16	0.36	-0.03	0.37	0.99	0.98	0.2	0.92	-0.24	0.06	-0.04	-0.3
Other Assets	-0.13	-0.12	-0.02	-0.09	0.09	0.12	0.16	0.16	0.15	-0.09	-0.05	0.14	0.1	0.16		0.1	-0.09	0.22	0.11	0.14	0.06	0.07	-0.03	-0.06	-0.09	-0.18
Cash And Short Term Investments	-0.39	-0.49	-0.29	-0.42	-0.09	0.31	0.37	0.37	0.35	0.09	-0.23	0.34	1.0	0.36	0.1		0.09	-0.43	0.29	0.39	0.3	0.19	-0.46	-0.23	0.09	-0.38
Good Will	0.41	0.39	0.34	0.36	-1.0	-0.02	-0.05	-0.07	-0.04	1.0	0.65	0.06	0.09	-0.03	-0.09	0.09		0.21	-0.02	0.13	0.33	-0.14	0.24	0.29	1.0	0.25
Common Stock Shares Outstanding	0.39	0.48	0.36	0.29	-0.21	0.37	0.34	0.31	0.36	0.22	0.46	0.39	-0.43	0.37	0.22	-0.43	0.21		0.4	0.35	0.13	0.37	0.51	0.39	0.21	0.45
Inventory	-0.38	-0.33	-0.49	-0.56	0.02	0.99	0.98	0.98	0.99	-0.02	-0.03	0.98	0.29	0.99	0.11	0.29	-0.02	0.4		0.96	0.24	0.95	-0.2	0.13	-0.03	-0.27
Other Stockholder Equity	-0.42	-0.39	-0.5	-0.59	-0.13	0.97	0.98	0.98	0.98	0.13	0.05	0.99	0.39	0.98	0.14	0.39	0.13	0.35	0.96		0.2	0.88	-0.28	0.05	0.13	-0.32
Total Current Assets	0.37	0.33	0.27	0.27	-0.33	0.25	0.2	0.17	0.19	0.33	-0.01	0.22	0.3	0.2	0.06	0.3	0.33	0.13	0.24	0.2		0.3	0.3	0.84	0.32	0.18
Short Term Debt	-0.41	-0.35	-0.55	-0.58	0.15	0.96	0.93	0.93	0.93	-0.14	-0.2	0.92	0.19	0.92	0.07	0.19	-0.14	0.37	0.95	0.88	0.3		-0.23	0.27	-0.15	-0.36
Common Stock	0.9	0.91	0.84	0.85	-0.24	-0.22	-0.26	-0.29	-0.26	0.24	0.5	-0.21	-0.46	-0.24	-0.03	-0.46	0.24	0.51	-0.2	-0.28	0.3	-0.23		0.46	0.23	0.81
Net Receivables	0.53	0.56	0.37	0.45	-0.29	0.14	0.05	0.03	0.06	0.29	0.11	0.09	-0.23	0.06	-0.06	-0.23	0.29	0.39	0.13	0.05	0.84	0.27	0.46		0.29	0.36
Short Term Investments	0.41	0.39	0.33	0.36	-1.0	-0.03	-0.05	-0.07	-0.04	1.0	0.65	0.06	0.09	-0.04	-0.09	0.09	1.0	0.21	-0.03	0.13	0.32	-0.15	0.23	0.29		0.25
Non Currrent Assets Other	0.91	0.91	0.89	0.87	-0.25	-0.31	-0.33	-0.37	-0.33	0.25	0.56	-0.3	-0.38	-0.3	-0.18	-0.38	0.25	0.45	-0.27	-0.32	0.18	-0.36	0.81	0.36	0.25

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Entergy New Account Relationship Matchups

Entergy New fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Short Long Term Debt Total	566.3M	650.9M	797.7M	785.8M	688.3M	567.2M
Net Debt	560.3M	650.9M	754.8M	781.4M	688.3M	546.7M
Non Current Liabilities Total	1.1B	1.2B	1.3B	1.2B	1.0B	997.5M
Total Liab	1.2B	1.3B	1.5B	1.5B	1.3B	1.2B
Other Current Liab	41.4M	(8.3M)	(1.3T)	(1.2B)	(986.0M)	(1.0B)
Total Current Liabilities	183.9M	166.1M	249.9M	338.6M	252.7M	261.1M
Total Assets	1.7B	1.9B	2.2B	2.2B	2.1B	2.1B
Total Stockholder Equity	497.6M	606.9M	638.7M	702.8M	806.8M	1.5B
Property Plant And Equipment Net	1.3B	1.4B	1.6B	1.6B	1.6B	1.5B
Current Deferred Revenue	28.5M	27.9M	395.2B	424.7M	446.1M	423.8M
Retained Earnings	8.7B	9.3B	47.6B	84.1M	11.9B	12.5B
Accounts Payable	87.2M	115M	192.0M	110.5M	116.5M	117.0M
Cash	19.7M	6.0M	26K	42.9M	4.5M	24.7K
Non Current Assets Total	1.6B	1.8B	1.9B	1.9B	1.9B	1.4B
Other Assets	356.8M	377.8M	308.8M	328.6M	377.9M	359.0M
Cash And Short Term Investments	19.7M	6.0M	26K	42.9M	4.5M	24.7K
Common Stock Shares Outstanding	197.0M	201.1M	201.9M	205.5M	212.4M	121.9M
Liabilities And Stockholders Equity	1.7B	1.9B	2.2B	2.2B	2.1B	2.1B
Inventory	15.4M	18.5M	22.2M	28.4M	33.3M	17.2M
Other Stockholder Equity	1.4B	1.9M	4.8B	(111.8M)	(219.4M)	(208.4M)
Total Current Assets	112.4M	118.7M	242.4M	326.2M	152.5M	186.5M
Accumulated Other Comprehensive Income	(557.2M)	(446.9M)	(52.4B)	(191.8M)	(162.5M)	(170.6M)
Short Term Debt	26.8M	3.7M	3.6M	173.9M	88.9M	53.4M
Common Stock	497.6M	606.9M	638.7M	702.8M	806.8M	847.1M
Net Receivables	76.8M	86.7M	156.3M	268.6M	92.2M	119.7M
Short Term Investments	37.7M	1.6B	270.9B	108.9M	125.2M	118.9M
Non Currrent Assets Other	347.3M	377.8M	308.8M	328.6M	329.1M	184.4M
Other Current Assets	14.2M	13.5M	21.1M	24.8M	26.9M	23.2M
Property Plant And Equipment Gross	261.0M	304.4M	332.9M	62.9B	72.4B	76.0B
Long Term Debt	467.4M	521.5M	629.7M	777.3M	893.8M	489.8M
Long Term Debt Total	467.4M	524.2M	632.4M	780.5M	897.5M	490.8M
Property Plant Equipment	146.7M	201.8M	12.5M	22.2M	25.5M	24.3M

Pair Trading with Entergy New

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

Moving together with Entergy Stock

0.62

Franklin Covey

Pair Corr

Moving against Entergy Stock

0.59	VRSK	Verisk Analytics	Pair Corr
0.52	VIRC	Virco Manufacturing Earnings Call This Week	Pair Corr
0.47	RTO	Rentokil Initial PLC	Pair Corr
0.43	INOD	Innodata Buyout Trend	Pair Corr
0.38	HURN	Huron Consulting	Pair Corr

The ability to find closely correlated positions to Entergy New 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 New 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 New - 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 New Orleans to buy it.

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

When determining whether Entergy New Orleans offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Entergy New's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Entergy New Orleans Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Entergy New Orleans Stock:

How To Invest In Entergy

Details

Is Entergy Stock a good investment?

Details

What is Entergy New's Net Worth?

Details

Largest Environmental & Facilities Services Companies

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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Entergy New Orleans. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.

Is Environmental & Facilities Services space 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 New. 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 New listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Return On Equity

0.0934

The market value of Entergy New Orleans 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 New's value that differs from its market value or its book value, called intrinsic value, which is Entergy New'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 New's market value can be influenced by many factors that don't directly affect Entergy New'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 New's value and its price as these two are different measures arrived at by different means. Investors typically determine if Entergy New is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Entergy New'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.

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Entergy Ptb Ratio vs Capex To Depreciation Analysis

Ptb Ratio vs Capex To Depreciation

Ptb Ratio vs Capex To Depreciation Correlation Analysis

Correlation Coefficient

Ptb Ratio

Capex To Depreciation

Entergy New fundamental ratios Correlations

Entergy New Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Entergy New fundamental ratios Accounts

Pair Trading with Entergy New

Moving together with Entergy Stock

Moving against Entergy Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Property Plant And Equipment Net	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Property Plant And Equipment Net	+ 1.0	Total Stockholder Equity
Non Current Assets Total	+ 1.0	Total Stockholder Equity
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net

Short Term Investments	- 1.0	Other Current Liab
Good Will	- 1.0	Other Current Liab
Current Deferred Revenue	- 1.0	Other Current Liab
Retained Earnings	- 0.65	Other Current Liab
Total Stockholder Equity	- 0.65	Total Liab
Total Assets	- 0.62	Total Liab