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Entergy Arkansas (Entergy Arkansas) Return-on-Tangible-Equity : 17.63% (As of Sep. 2018)


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What is Entergy Arkansas Return-on-Tangible-Equity?

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Entergy Arkansas's annualized net income for the quarter that ended in Sep. 2018 was $515.56 Mil. Entergy Arkansas's average shareholder tangible equity for the quarter that ended in Sep. 2018 was $2,924.79 Mil. Therefore, Entergy Arkansas's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2018 was 17.63%.

The historical rank and industry rank for Entergy Arkansas's Return-on-Tangible-Equity or its related term are showing as below:

EGXKP.PFD's Return-on-Tangible-Equity is not ranked *
in the Utilities - Regulated industry.
Industry Median: 10.63
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Entergy Arkansas Return-on-Tangible-Equity Historical Data

The historical data trend for Entergy Arkansas's Return-on-Tangible-Equity 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 Arkansas Return-on-Tangible-Equity Chart

Entergy Arkansas Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.17 6.63 4.00 8.07 6.04

Entergy Arkansas Quarterly Data
Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Jun18 Sep18
Return-on-Tangible-Equity 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 6.74 15.76 -0.95 12.65 17.63

Competitive Comparison of Entergy Arkansas's Return-on-Tangible-Equity

For the Utilities - Regulated Electric subindustry, Entergy Arkansas's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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 Arkansas's Return-on-Tangible-Equity Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Entergy Arkansas's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Entergy Arkansas's Return-on-Tangible-Equity falls into.



Entergy Arkansas Return-on-Tangible-Equity Calculation

Entergy Arkansas's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2017 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2017 )  (A: Dec. 2016 )(A: Dec. 2017 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2017 )  (A: Dec. 2016 )(A: Dec. 2017 )
=139.844/( (2253.317+2376.754 )/ 2 )
=139.844/2315.0355
=6.04 %

Entergy Arkansas's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2018 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2018 )  (Q: Jun. 2018 )(Q: Sep. 2018 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2018 )  (Q: Jun. 2018 )(Q: Sep. 2018 )
=515.56/( (2844.851+3004.734)/ 2 )
=515.56/2924.7925
=17.63 %

* 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 the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Sep. 2018) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Entergy Arkansas  (OTCPK:EGXKP.PFD) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


Entergy Arkansas Return-on-Tangible-Equity Related Terms

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Entergy Arkansas (Entergy Arkansas) Business Description

Traded in Other Exchanges
N/A
Address
Entergy Corporation is a Fortune 500 integrated energy Company engaged primarily in electric power production and retail distribution operations. Its three business segments are: Utility; Entergy Wholesale Commodities; and Parent and Other. Entergy's utility companies generate, transmit, distribute, and sell electric power, and operate a small natural gas distribution business. Entergy's wholesale commodities business owns and operates six nuclear units in the northern United States. This business is primarily focused on selling power produced by those plants to wholesale customers. This business also provides operations and management services to nuclear power plants owned by other utilities.

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