Entergy

Halal Rating :
Uncomfortable
Last Price $82.4
Market Cap $35.33b
1D Change

-0.87 %

1 Year Change

-20.27 %

Next Earnings Date

Yet to be announced

Company Overview

Entergy Corporation is an integrated energy company engaged primarily in electric power production and retail distribution operations. The company operates a large fleet of power generation facilities including nuclear, natural gas, coal, and renewable energy sources. Entergy delivers electricity to approximately 3 million utility customers in Arkansas, Louisiana, Mississippi, and Texas.

Revenue Sources

Pass

After reviewing Entergy's revenue sources from SEC filings and company reports, the core business activities consist of electricity generation, transmission, and distribution. These activities are halal as they provide essential services and involve the exchange of real products and services. No significant revenue is derived from haram sources such as gambling, alcohol, tobacco, or other prohibited activities.

Reliance on Interest

Reporting Date Total Revenue Total Expense Interest Income Interest Expense Interest Income Ratio Interest Expense Ratio
Sept. 30, 2024 $3.39b $2.57b - $308.5m 0.00% 12.00%
June 30, 2024 $2.95b $2.63b - $289.58m 0.00% 11.03%
March 31, 2024 $2.79b $2.84b - $288.29m 0.00% 10.13%
Sept. 30, 2023 $3.6b $2.72b - $264.93m 0.00% 9.75%

Based on the financial data for the last four quarters, Entergy shows significant interest expenses relative to total expenses. Interest expenses have consistently ranged between 10-12% of total expenses across all quarters analyzed. This level of interest expense in the company's operations indicates that interest plays a material role in the company's business model.

Operational Ethics

Pass

Based on review of public documents and company disclosures, there is no evidence of significant ongoing associations with entities involved in human rights violations. The company's operations are primarily focused in the southern United States.

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