Entergy Corporation (ETR)

Debt-to-assets 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
Long-term debt	US$ in thousands	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Total assets	US$ in thousands	64,790,000	64,462,000	62,766,300	61,629,900	59,703,400	60,552,100	59,717,200	59,203,300	58,595,200	58,975,300	57,827,600	59,833,500	59,454,200	58,843,500	55,949,300	58,667,600	58,239,200	56,070,300	53,365,300	52,555,000
Debt-to-assets ratio		0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00

December 31, 2024 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $64,790,000K
= 0.00

Entergy Corporation's debt-to-assets ratio has consistently remained at 0.00 across the period from March 31, 2020, to December 31, 2024. This indicates that Entergy Corporation has not been relying heavily on debt funding in relation to its total assets, suggesting a strong financial position with a lower level of financial risk. A debt-to-assets ratio of 0.00 implies that the company's assets are primarily financed through equity rather than debt. Potential reasons for a low or zero debt-to-assets ratio could include a conservative financial strategy, strong cash flow generation, or a history of effective cost management and capital structure decisions. It is important to note that while a low debt-to-assets ratio can be a positive indicator of financial strength, investors and analysts should also consider other relevant financial metrics and industry benchmarks for a holistic evaluation of Entergy Corporation's financial health.