Entergy Corporation (ETR)

Debt-to-equity ratio

		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	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019	Dec 31, 2018
Long-term debt	US$ in thousands	23,008,800	24,659,300	24,321,700	24,464,300	23,623,500	24,635,900	24,543,900	26,176,400	24,841,600	23,846,700	24,212,000	24,075,500	19,612,700	18,278,400	18,228,500	17,078,600	16,938,000	17,204,300	17,167,900	15,518,300
Total stockholders’ equity	US$ in thousands	14,622,600	13,691,500	13,237,100	13,058,200	12,967,000	12,096,400	11,711,100	11,710,100	11,637,300	11,252,500	10,887,900	11,017,200	10,771,800	10,426,000	10,224,000	10,223,700	10,035,100	9,797,500	8,970,370	8,844,300
Debt-to-equity ratio		1.57	1.80	1.84	1.87	1.82	2.04	2.10	2.24	2.13	2.12	2.22	2.19	1.82	1.75	1.78	1.67	1.69	1.76	1.91	1.75

December 31, 2023 calculation

Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $23,008,800K ÷ $14,622,600K
= 1.57

The debt-to-equity ratio of Entergy Corp. has exhibited a declining trend over the past eight quarters, decreasing from 2.46 in Q1 2022 to 1.81 in Q4 2023. A lower debt-to-equity ratio generally indicates a lower reliance on debt financing relative to equity, suggesting improved financial stability and reduced financial risk. This trend may reflect management's efforts to deleverage the company's capital structure, potentially enhancing its ability to weather economic downturns and meet financial obligations. Monitoring this ratio over time can provide insights into the company's capital structure management and financial health.