Entergy New Orleans LLC Pref

NYSE:ENO USA Electrical Utilities & IPPs
Market Cap
$208.18K
Market Cap Rank
#39395 Global
#12835 in USA
Share Price
$22.26
Change (1 day)
+0.59%
52-Week Range
$21.33 - $23.76
All Time High
$25.16
About

Entergy New Orleans, LLC provides electric and gas services. As of December 31, 2017, the company distributed and transported natural gas for distribution within New Orleans, Louisiana through approximately 2,500 miles of gas pipeline. It provides electricity to approximately 200,000 customers and natural gas to 106,000 customers. The company was formerly known as Entergy New Orleans Power, LLC a… Read more

Entergy New Orleans LLC Pref (ENO) - Net Assets

Latest net assets as of September 2024: $4.44 Billion USD

Based on the latest financial reports, Entergy New Orleans LLC Pref (ENO) has net assets worth $4.44 Billion USD as of September 2024.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($4.55 Billion) and total liabilities ($108.87 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.

Key Net Assets Metrics

Metric Value
Current Net Assets $4.44 Billion
% of Total Assets 97.61%
Annual Growth Rate -14.14%
5-Year Change 62.14%
10-Year Change 225.56%
Growth Volatility 93.94

Entergy New Orleans LLC Pref - Net Assets Trend (2004–2023)

This chart illustrates how Entergy New Orleans LLC Pref's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Entergy New Orleans LLC Pref (2004–2023)

The table below shows the annual net assets of Entergy New Orleans LLC Pref from 2004 to 2023.

Year Net Assets Change
2023-12-31 $806.75 Million +14.79%
2022-12-31 $702.82 Million +10.04%
2021-12-31 $638.72 Million +5.24%
2020-12-31 $606.92 Million +21.97%
2019-12-31 $497.58 Million +11.83%
2018-12-31 $444.95 Million +7.08%
2017-12-31 $415.55 Million -6.98%
2016-12-31 $446.73 Million +20.80%
2015-12-31 $369.81 Million +49.24%
2014-12-31 $247.81 Million +9.62%
2013-12-31 $226.06 Million +4.98%
2012-12-31 $215.34 Million +146.74%
2011-12-31 $-460.69 Million +0.25%
2010-12-31 $-461.85 Million -146.14%
2009-12-31 $1.00 Billion +332.98%
2008-12-31 $231.21 Million +17.23%
2007-12-31 $197.22 Million -78.59%
2006-12-31 $921.15 Million -17.76%
2005-12-31 $1.12 Billion -92.34%
2004-12-31 $14.61 Billion --

Equity Component Analysis

This analysis shows how different components contribute to Entergy New Orleans LLC Pref's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have grown by 139.6% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2023)

Component Amount Percentage
Retained Earnings $11.94 Billion 1480.05%
Common Stock $806.75 Million 100.00%
Other Comprehensive Income $-162.46 Million -20.14%
Total Equity $806.75 Million 100.00%

Entergy New Orleans LLC Pref Competitors by Market Cap

The table below lists competitors of Entergy New Orleans LLC Pref ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Entergy New Orleans LLC Pref's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2022 to 2023, total equity changed from 702,816,000 to 806,754,000, a change of 103,938,000 (14.8%).
  • Net income of 228,938,000 contributed positively to equity growth.
  • Dividend payments of 125,000,000 reduced retained earnings.
  • Other comprehensive income increased equity by 29,294,000.
  • Other factors decreased equity by 29,294,000.

Equity Change Factors (2022 to 2023)

Factor Impact Contribution
Net Income $228.94 Million +28.38%
Dividends Paid $125.00 Million -15.49%
Other Comprehensive Income $29.29 Million +3.63%
Other Changes $-29.29 Million -3.63%
Total Change $- 14.79%

Book Value vs Market Value Analysis

This analysis compares Entergy New Orleans LLC Pref's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 5.86x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
  • The price-to-book ratio has increased from 0.18x to 5.86x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2004-12-31 $122.45 $22.26 x
2005-12-31 $5.22 $22.26 x
2006-12-31 $4.36 $22.26 x
2007-12-31 $4.32 $22.26 x
2008-12-31 $4.99 $22.26 x
2009-12-31 $5.11 $22.26 x
2010-12-31 $-2.46 $22.26 x
2011-12-31 $-2.58 $22.26 x
2012-12-31 $25.53 $22.26 x
2013-12-31 $26.80 $22.26 x
2014-12-31 $29.38 $22.26 x
2015-12-31 $43.84 $22.26 x
2016-12-31 $52.96 $22.26 x
2017-12-31 $2.30 $22.26 x
2018-12-31 $2.43 $22.26 x
2019-12-31 $2.53 $22.26 x
2020-12-31 $3.02 $22.26 x
2021-12-31 $3.16 $22.26 x
2022-12-31 $3.42 $22.26 x
2023-12-31 $3.80 $22.26 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Entergy New Orleans LLC Pref utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): 28.38%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 27.13%
  • • Asset Turnover: 0.40x
  • • Equity Multiplier: 2.60x
  • Recent ROE (28.38%) is below the historical average (35.69%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2004 3.30% 9.22% 0.36x 1.00x $-1.90 Billion
2005 82.47% 9.14% 4.88x 1.85x $811.75 Million
2006 122.96% 10.36% 6.55x 1.81x $1.04 Billion
2007 129.52% 9.88% 13.11x 1.00x $1.05 Billion
2008 121.63% 9.32% 13.05x 1.00x $1.12 Billion
2009 122.98% 11.46% 72.85x 0.15x $1.13 Billion
2010 0.00% 10.88% 63.72x 0.00x $1.30 Billion
2011 0.00% 11.99% 77.76x 0.00x $1.39 Billion
2012 7.48% 2.83% 0.65x 4.09x $-5.43 Million
2013 5.15% 1.76% 0.74x 3.93x $-10.96 Million
2014 12.13% 4.09% 0.72x 4.10x $5.28 Million
2015 11.89% 6.55% 0.55x 3.29x $6.98 Million
2016 10.72% 7.20% 0.45x 3.35x $3.21 Million
2017 10.52% 6.10% 0.48x 3.60x $2.16 Million
2018 11.95% 7.41% 0.46x 3.54x $8.66 Million
2019 10.58% 7.67% 0.40x 3.49x $2.87 Million
2020 8.13% 7.78% 0.33x 3.19x $-11.35 Million
2021 4.98% 4.14% 0.36x 3.37x $-32.07 Million
2022 9.12% 6.43% 0.45x 3.15x $-6.18 Million
2023 28.38% 27.13% 0.40x 2.60x $148.26 Million

Industry Comparison

This section compares Entergy New Orleans LLC Pref's net assets metrics with peer companies in the Electrical Utilities & IPPs industry.

No peer company data available for comparison.