Entergy New Orleans Stock Debt To Equity
| ENO Stock | USD 22.81 0.13 0.57% |
Entergy New Orleans fundamentals help investors to digest information that contributes to Entergy New's financial success or failures. It also enables traders to predict the movement of Entergy Stock. The fundamental analysis module provides a way to measure Entergy New's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Entergy New stock.
| Last Reported | Projected for Next Year | ||
| Debt To Equity | 0.85 | 0.53 |
Entergy | Debt To Equity |
Entergy New Orleans Company Debt To Equity Analysis
Entergy New's Debt to Equity is calculated by dividing the Total Debt of a company by its Equity. If the debt exceeds equity of a company, then the creditors have more stakes in a firm than the stockholders. In other words, Debt to Equity ratio provides analysts with insights about composition of both equity and debt, and its influence on the valuation of the company.
Current Entergy New Debt To Equity | 105.10 % |
Most of Entergy New's fundamental indicators, such as Debt To Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Entergy New Orleans is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Entergy Debt To Equity Driver Correlations
Understanding the fundamental principles of building solid financial models for Entergy New is extremely important. It helps to project a fair market value of Entergy Stock properly, considering its historical fundamentals such as Debt To Equity. Since Entergy New's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Entergy New's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Entergy New's interrelated accounts and indicators.
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High Debt to Equity ratio typically indicates that a firm has been borrowing aggressively to finance its growth and as a result may experience a burden of additional interest expense. This may reduce earnings or future growth. On the other hand a small D/E ratio may indicate that a company is not taking enough advantage from financial leverage. Debt to Equity ratio measures how the company is leveraging borrowing against the capital invested by the owners.
| Competition |
Entergy Total Stockholder Equity
Total Stockholder Equity |
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According to the company disclosure, Entergy New Orleans has a Debt To Equity of 105%. This is 11.67% higher than that of the Commercial Services & Supplies sector and 18.86% lower than that of the Industrials industry. The debt to equity for all United States stocks is 115.81% lower than that of the firm.
Entergy Debt To Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Entergy New's direct or indirect competition against its Debt To Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Entergy New could also be used in its relative valuation, which is a method of valuing Entergy New by comparing valuation metrics of similar companies.Entergy New is currently under evaluation in debt to equity category among related companies.
Entergy Fundamentals
| Return On Equity | 0.0934 | |||
| Revenue | 843.93 M | |||
| EBITDA | 157.7 M | |||
| Net Income | 228.94 M | |||
| Cash And Equivalents | 32.74 M | |||
| Total Debt | 685.61 M | |||
| Debt To Equity | 105.10 % | |||
| Current Ratio | 1.39 X | |||
| Cash Flow From Operations | 202.96 M | |||
| Number Of Employees | 274 | |||
| Market Capitalization | 192.68 M | |||
| Total Asset | 2.1 B | |||
| Retained Earnings | 11.94 B | |||
| Annual Yield | 0.05 % | |||
| Net Asset | 2.1 B |
About Entergy New Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Entergy New Orleans's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Entergy New using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Entergy New Orleans based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Entergy New in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Entergy New's short interest history, or implied volatility extrapolated from Entergy New options trading.
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
| 0.66 | BR | Broadridge Financial Earnings Call This Week | PairCorr |
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.Check out Entergy New Piotroski F Score and Entergy New Altman Z Score analysis. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Complementary Tools for Entergy Stock analysis
When running Entergy New's price analysis, check to measure Entergy New'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 New is operating at the current time. Most of Entergy New's value examination focuses on studying past and present price action to predict the probability of Entergy New'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 New's price. Additionally, you may evaluate how the addition of Entergy New to your portfolios can decrease your overall portfolio volatility.
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Is Entergy New'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 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.