Entergy Corporation (ETR)

Cash ratio

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Cash and cash equivalents	US$ in thousands	859,703	1,411,810	1,355,160	1,294,860	132,548	1,519,770	1,194,340	1,970,510	224,164	1,003,490	579,889	701,591	442,559	1,000,040	686,881	1,742,660	1,759,100	1,239,660	935,468	1,463,830
Short-term investments	US$ in thousands	—	1,320,560	1,272,310	1,229,910	—	1,414,490	1,126,620	1,907,790	108,874	-22,076	513,624	408,892	270,947	956	530	1,675	1,630,250	1,195,800	—	—
Total current liabilities	US$ in thousands	6,111,040	5,859,250	5,487,180	6,884,530	6,396,490	5,848,690	5,881,280	5,825,330	6,369,450	6,154,880	5,541,620	5,363,180	6,190,740	6,644,900	3,804,540	4,511,910	7,060,510	6,875,530	6,115,900	6,017,940
Cash ratio		0.14	0.47	0.48	0.37	0.02	0.50	0.39	0.67	0.05	0.16	0.20	0.21	0.12	0.15	0.18	0.39	0.48	0.35	0.15	0.24

December 31, 2024 calculation

Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($859,703K + $—K) ÷ $6,111,040K
= 0.14

The cash ratio of Entergy Corporation has shown fluctuations over the period from March 31, 2020, to December 31, 2024. The ratio started at 0.24 on March 31, 2020, decreased to 0.15 by June 30, 2020, and then increased to 0.48 by December 31, 2020. Subsequently, the ratio fluctuated between 0.12 and 0.39 until December 31, 2022.

On March 31, 2023, there was a substantial increase in the cash ratio to 0.67, indicating a stronger liquidity position. However, this increase was not sustained, as the ratio dropped to 0.02 by December 31, 2023.

During the last year of the data, the cash ratio fluctuated between 0.14 and 0.48, with the ratio ending at 0.14 on December 31, 2024. Overall, the cash ratio trend suggests variability in Entergy Corporation's ability to cover its short-term liabilities with its available cash and cash equivalents.