Entergy Corporation (ETR)

Financial leverage 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
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
Total stockholders’ equity	US$ in thousands	15,083,900	15,032,800	14,567,700	14,458,300	14,657,600	13,691,500	13,237,100	13,058,200	13,002,000	12,096,400	11,711,100	11,710,100	11,637,300	11,252,500	10,887,900	11,017,200	10,926,100	10,771,800	10,426,000	10,224,000
Financial leverage ratio		4.30	4.29	4.31	4.26	4.07	4.42	4.51	4.53	4.51	4.88	4.94	5.11	5.11	5.23	5.14	5.33	5.33	5.21	5.12	5.14

December 31, 2024 calculation

Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $64,790,000K ÷ $15,083,900K
= 4.30

Entergy Corporation's financial leverage ratio has fluctuated over the past few years, ranging from a high of 5.33 in December 2020 to a low of 4.07 in December 2023. The financial leverage ratio indicates the proportion of a company's debt to its equity, with a higher ratio suggesting more reliance on debt financing.

The trend in Entergy Corporation's financial leverage ratio shows a decrease from 5.33 in March 2021 to 4.30 in December 2024. This decreasing trend may indicate that the company has been reducing its reliance on debt financing and improving its financial stability over time.

Overall, Entergy Corporation's financial leverage ratio has shown some volatility but has trended downwards in recent years, suggesting a potential improvement in the company's financial leverage position. It will be important to monitor this ratio in the future to assess the company's ongoing financial health and risk profile.