GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Entergy Corp (NYSE:ETR) » Definitions » Net-Net Working Capital

Entergy (Entergy) Net-Net Working Capital : $-205.01 (As of Dec. 2023)


View and export this data going back to 1994. Start your Free Trial

What is Entergy Net-Net Working Capital?

In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. This is a conservative way of estimating the company's value.

Entergy's Net-Net Working Capital for the quarter that ended in Dec. 2023 was $-205.01.

The industry rank for Entergy's Net-Net Working Capital or its related term are showing as below:

ETR's Price-to-Net-Net-Working-Capital is not ranked *
in the Utilities - Regulated industry.
Industry Median: 7.585
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Entergy Net-Net Working Capital Historical Data

The historical data trend for Entergy's Net-Net Working Capital can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Entergy Net-Net Working Capital Chart

Entergy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -201.60 -221.98 -228.16 -209.16 -205.01

Entergy Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net-Net Working Capital Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -209.16 -203.43 -208.40 -207.36 -205.01

Competitive Comparison of Entergy's Net-Net Working Capital

For the Utilities - Regulated Electric subindustry, Entergy's Price-to-Net-Net-Working-Capital, along with its competitors' market caps and Price-to-Net-Net-Working-Capital data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Entergy's Price-to-Net-Net-Working-Capital Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Entergy's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Entergy's Price-to-Net-Net-Working-Capital falls into.



Entergy Net-Net Working Capital Calculation

Entergy's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2023 is calculated as

Net-Net Working Capital(A: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(132.548+0.75 * 673.506+0.5 * 1611.768-44960.29
-35-85.459)/212.849
=-205.01

Entergy's Net-Net Working Capital (NNWC) per share for the quarter that ended in Dec. 2023 is calculated as

Net-Net Working Capital(Q: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(132.548+0.75 * 673.506+0.5 * 1611.768-44960.29
-35-85.459)/212.849
=-205.01

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full.

In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.

This is a conservative way of estimating the company's value.


Entergy  (NYSE:ETR) Net-Net Working Capital Explanation

One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

Benjamin Graham looked for companies whose market values were less than two-thirds of their net-net value. They are collected under our Net-Net screener.


Entergy Net-Net Working Capital Related Terms

Thank you for viewing the detailed overview of Entergy's Net-Net Working Capital provided by GuruFocus.com. Please click on the following links to see related term pages.


Entergy (Entergy) Business Description

Traded in Other Exchanges
Address
639 Loyola Avenue, New Orleans, LA, USA, 70113
Entergy is a holding company with five regulated integrated utilities that generate and distribute electricity to about 3 million customers in Arkansas, Louisiana, Mississippi, and Texas. It is one of the largest power producers in the country with approximately 23 gigawatts of rate-regulated utility-owned power generation capacity. Entergy was the second-largest nuclear owner in the U.S. before it began retiring and selling its plants in the Northeast in 2014.
Executives
Marcus V Brown officer: Senior V.P. & General Counsel C/O ENTERGY CORPORATION LEGAL DEPT., 639 LOYOLA AVE., 26TH FL., NEW ORLEANS LA 70113
Deanna D. Rodriguez other: "Officer" Under Sec. 16 Rules C/O ENTERGY CORPORATION LEGAL DEPT., 639 LOYOLA AVE., 26TH FLOOR, NEW ORLEANS LA 70113
Alexis M Herman director 1501 M STREET N W SUITE 1175, WASHINGTON DC 20005
Gina F. Adams director C/O ENTERGY CORPORATION LEGAL DEPT., 639 LOYOLA AVE., 26TH FLOOR, NEW ORLEANS LA 70113
John H. Black director C/O ENTERGY CORPORATION LEGAL DEPT., 639 LOYOLA AVE., 26TH FLOOR, NEW ORLEANS LA 70113
Anastasia Minor other: "Officer" Under Sec. 16 Rules C/O ENTERGY CORPORATION LEGAL DEPT., 639 LOYOLA AVE., 26TH FLOOR, NEW ORLEANS LA 70113
Haley Fisackerly other: "Officer" Under Sec 16 Rules
Jason Chapman other: "Officer" Under Sec. 16 Rules C/O ENTERGY CORPORATION LEGAL DEPT., 639 LOYOLA AVE., 26TH FLOOR, NEW ORLEANS LA 70113
Reginald T Jackson officer: SVP, Chief Accounting Officer C/O ENTERGY CORPORATION LEGAL DEPT., 639 LOYOLA AVE., 26TH FLOOR, NEW ORLEANS LA 70113
Kimberly Cook-nelson officer: EVP, Chief Nuclear Officer C/O ENTERGY CORPORATION LEGAL DEPT., 639 LOYOLA AVE., 26TH FLOOR, NEW ORLEANS LA 70113
Paul D Hinnenkamp officer: SVP & Chief Operating Officer C/O ENTERGY CORPORATION LEGAL DEPT., 639 LOYOLA AVE., 26TH FLOOR, NEW ORLEANS LA 70113
Norgeot Peter S Jr officer: SVP, Transformation C/O ENTERGY CORPORATION LEGAL DEPT., 639 LOYOLA AVENUE, 26TH FLOOR, NEW ORLEANS LA 70113
Leo P Denault officer: Executive V.P. and CFO
May Phillip R Jr other: "Officer" Under Sec. 16 Rules C/O ENTERGY CORPORATION LEGAL DEPT., 639 LOYOLA AVE., 26TH FLOOR, NEW ORLEANS LA 70113
Andrew S Marsh officer: Executive Vice President & CFO C/O ENTERGY CORPORATION LEGAL DEPT., 639 LOYOLA AVE., 26TH FLOOR, NEW ORLEANS LA 70113