Entergy Operating Profit Margin vs Gross Profit Margin Analysis

ENO Stock  USD 22.42  0.13  0.58%   
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 Operating Profit Margin and its Gross Profit Margin 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.

Operating Profit Margin vs Gross Profit Margin

Operating Profit Margin vs Gross Profit Margin Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Entergy New Orleans Operating Profit Margin account and Gross Profit Margin. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Entergy New's Operating Profit Margin and Gross Profit Margin is 0.82. Overlapping area represents the amount of variation of Operating Profit Margin that can explain the historical movement of Gross Profit Margin 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 Operating Profit Margin and Gross Profit Margin is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Profit Margin of Entergy New Orleans are associated (or correlated) with its Gross Profit Margin. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit Margin has no effect on the direction of Operating Profit Margin i.e., Entergy New's Operating Profit Margin and Gross Profit Margin go up and down completely randomly.

Correlation Coefficient

0.82
Relationship DirectionPositive 
Relationship StrengthStrong

Operating Profit Margin

Gross Profit Margin

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 29th 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 Revenue768.9M997.3M843.9M801.7M
Depreciation And Amortization73.5M76.9M81.3M77.2M

Entergy New fundamental ratios Correlations

0.990.940.97-0.41-0.4-0.45-0.49-0.440.410.57-0.39-0.39-0.42-0.13-0.390.410.39-0.38-0.420.37-0.410.90.530.410.91
0.990.910.96-0.39-0.36-0.41-0.44-0.40.390.59-0.35-0.49-0.38-0.12-0.490.390.48-0.33-0.390.33-0.350.910.560.390.91
0.940.910.95-0.34-0.51-0.53-0.56-0.520.340.54-0.48-0.29-0.5-0.02-0.290.340.36-0.49-0.50.27-0.550.840.370.330.89
0.970.960.95-0.36-0.58-0.62-0.65-0.610.360.51-0.57-0.42-0.59-0.09-0.420.360.29-0.56-0.590.27-0.580.850.450.360.87
-0.41-0.39-0.34-0.360.030.050.070.04-1.0-0.65-0.06-0.090.040.09-0.09-1.0-0.210.02-0.13-0.330.15-0.24-0.29-1.0-0.25
-0.4-0.36-0.51-0.580.030.990.990.99-0.02-0.050.990.310.990.120.31-0.020.370.990.970.250.96-0.220.14-0.03-0.31
-0.45-0.41-0.53-0.620.050.991.01.0-0.04-0.040.990.371.00.160.37-0.050.340.980.980.20.93-0.260.05-0.05-0.33
-0.49-0.44-0.56-0.650.070.991.01.0-0.06-0.070.990.371.00.160.37-0.070.310.980.980.170.93-0.290.03-0.07-0.37
-0.44-0.4-0.52-0.610.040.991.01.0-0.04-0.030.990.351.00.150.35-0.040.360.990.980.190.93-0.260.06-0.04-0.33
0.410.390.340.36-1.0-0.02-0.04-0.06-0.040.650.060.09-0.03-0.090.091.00.22-0.020.130.33-0.140.240.291.00.25
0.570.590.540.51-0.65-0.05-0.04-0.07-0.030.650.05-0.23-0.02-0.05-0.230.650.46-0.030.05-0.01-0.20.50.110.650.56
-0.39-0.35-0.48-0.57-0.060.990.990.990.990.060.050.340.990.140.340.060.390.980.990.220.92-0.210.090.06-0.3
-0.39-0.49-0.29-0.42-0.090.310.370.370.350.09-0.230.340.360.11.00.09-0.430.290.390.30.19-0.46-0.230.09-0.38
-0.42-0.38-0.5-0.590.040.991.01.01.0-0.03-0.020.990.360.160.36-0.030.370.990.980.20.92-0.240.06-0.04-0.3
-0.13-0.12-0.02-0.090.090.120.160.160.15-0.09-0.050.140.10.160.1-0.090.220.110.140.060.07-0.03-0.06-0.09-0.18
-0.39-0.49-0.29-0.42-0.090.310.370.370.350.09-0.230.341.00.360.10.09-0.430.290.390.30.19-0.46-0.230.09-0.38
0.410.390.340.36-1.0-0.02-0.05-0.07-0.041.00.650.060.09-0.03-0.090.090.21-0.020.130.33-0.140.240.291.00.25
0.390.480.360.29-0.210.370.340.310.360.220.460.39-0.430.370.22-0.430.210.40.350.130.370.510.390.210.45
-0.38-0.33-0.49-0.560.020.990.980.980.99-0.02-0.030.980.290.990.110.29-0.020.40.960.240.95-0.20.13-0.03-0.27
-0.42-0.39-0.5-0.59-0.130.970.980.980.980.130.050.990.390.980.140.390.130.350.960.20.88-0.280.050.13-0.32
0.370.330.270.27-0.330.250.20.170.190.33-0.010.220.30.20.060.30.330.130.240.20.30.30.840.320.18
-0.41-0.35-0.55-0.580.150.960.930.930.93-0.14-0.20.920.190.920.070.19-0.140.370.950.880.3-0.230.27-0.15-0.36
0.90.910.840.85-0.24-0.22-0.26-0.29-0.260.240.5-0.21-0.46-0.24-0.03-0.460.240.51-0.2-0.280.3-0.230.460.230.81
0.530.560.370.45-0.290.140.050.030.060.290.110.09-0.230.06-0.06-0.230.290.390.130.050.840.270.460.290.36
0.410.390.330.36-1.0-0.03-0.05-0.07-0.041.00.650.060.09-0.04-0.090.091.00.21-0.030.130.32-0.150.230.290.25
0.910.910.890.87-0.25-0.31-0.33-0.37-0.330.250.56-0.3-0.38-0.3-0.18-0.380.250.45-0.27-0.320.18-0.360.810.360.25
Click cells to compare fundamentals

Entergy New Account Relationship Matchups

Entergy New fundamental ratios Accounts

201920202021202220232024 (projected)
Short Long Term Debt Total566.3M650.9M797.7M785.8M688.3M567.2M
Net Debt560.3M650.9M754.8M781.4M688.3M546.7M
Non Current Liabilities Total1.1B1.2B1.3B1.2B1.0B997.5M
Total Liab1.2B1.3B1.5B1.5B1.3B1.2B
Other Current Liab41.4M(8.3M)(1.3T)(1.2B)(986.0M)(1.0B)
Total Current Liabilities183.9M166.1M249.9M338.6M252.7M261.1M
Total Assets1.7B1.9B2.2B2.2B2.1B2.1B
Total Stockholder Equity497.6M606.9M638.7M702.8M806.8M1.5B
Property Plant And Equipment Net1.3B1.4B1.6B1.6B1.6B1.5B
Current Deferred Revenue28.5M27.9M395.2B424.7M446.1M423.8M
Retained Earnings8.7B9.3B47.6B84.1M11.9B12.5B
Accounts Payable87.2M115M192.0M110.5M116.5M117.0M
Cash19.7M6.0M26K42.9M4.5M24.7K
Non Current Assets Total1.6B1.8B1.9B1.9B1.9B1.4B
Other Assets356.8M377.8M308.8M328.6M377.9M359.0M
Cash And Short Term Investments19.7M6.0M26K42.9M4.5M24.7K
Common Stock Shares Outstanding197.0M201.1M201.9M205.5M212.4M121.9M
Liabilities And Stockholders Equity1.7B1.9B2.2B2.2B2.1B2.1B
Inventory15.4M18.5M22.2M28.4M33.3M17.2M
Other Stockholder Equity1.4B1.9M4.8B(111.8M)(219.4M)(208.4M)
Total Current Assets112.4M118.7M242.4M326.2M152.5M186.5M
Accumulated Other Comprehensive Income(557.2M)(446.9M)(52.4B)(191.8M)(162.5M)(170.6M)
Short Term Debt26.8M3.7M3.6M173.9M88.9M53.4M
Common Stock497.6M606.9M638.7M702.8M806.8M847.1M
Net Receivables76.8M86.7M156.3M268.6M92.2M119.7M
Short Term Investments37.7M1.6B270.9B108.9M125.2M118.9M
Non Currrent Assets Other347.3M377.8M308.8M328.6M329.1M184.4M
Other Current Assets14.2M13.5M21.1M24.8M26.9M23.2M
Property Plant And Equipment Gross261.0M304.4M332.9M62.9B72.4B76.0B
Long Term Debt467.4M521.5M629.7M777.3M893.8M489.8M
Long Term Debt Total467.4M524.2M632.4M780.5M897.5M490.8M
Property Plant Equipment146.7M201.8M12.5M22.2M25.5M24.3M

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

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Moving against Entergy Stock

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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 CorrelationCorrelation 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:
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 Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
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.