Entergy Louisiana LLC Pref (ELC) Balance Sheet
ELC balance sheet, 2025
December 31, 2025 · U.S. dollars$5.42T assets = $91.1M liabilities + $5.41T equity
Both columns are drawn to the same scale: what ELC owns equals what it owes plus shareholders’ equity. Hover a block for its value.
ELC financial health
Debt / equity0.18
Low leverage · $0.18 of debt for each $1 of equity
Equity / assets0.3%
Thin equity · of assets funded by shareholders
Cash / debt179,478.4%
Cash covers debt · cash & short-term investments vs total debt
Goodwill & intangibles0.0%
Mostly tangible · of total assets
Descriptive bands, not a rating. Fiscal 2025.
ELC balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $17.70B2016 | $5.42T2025 | +88.9%/yr | |
| Total liabilities | $12.62B2016 | $91.1M2025 | −42.2%/yr | |
| Shareholders’ equity | $5.08B2016 | $16.92B2025 | +14.3%/yr | |
| Cash & short-term investments | $213.8M2016 | $5.44T2025 | +208.7%/yr | |
| Total debt | $5.82B2016 | $3.03B2025 | −7.0%/yr | |
| Net cash (debt) | −$5.60B2016 | $5.44T2025 | +$5.4T | |
| Working capital | $312.5M2016 | $5.67T2025 | +$5.7T | |
| Book value per share | $28.412016 | $37.592025 | +3.2%/yr | |
| Debt / equity | 1.142016 | 0.182025 | −0.97 | |
| Shares outstanding | 178.9M2016 | 450.2M2025 | +10.8%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
ELC assets
Cash & ST investmentsReceivablesInventoryOther currentPP&EGoodwill & intangiblesLT investmentsOther non-current
ELC liabilities and equity
Current liabilitiesLong-term debtOther long-term liabilitiesEquity
ELC debt vs cash
Total debtCash & ST investmentsNet cash (debt)
Debt includes short- and long-term borrowings and, where reported, lease obligations.
ELC balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $5.44T | $327.1M | $2.8M | $56.6M | $18.6M | $728.0M | $2.0M | $43.4M | $35.9M | $213.8M |
| Cash & equivalents | $5.44T | $327.1M | $2.8M | $56.6M | $18.6M | $728.0M | $2.0M | $43.4M | $35.9M | $213.8M |
| Short-term investments | $1.88B | — | $69.5M | $108.9M | $270.95B | $1.63B | — | — | — | — |
| Receivables | −$66.20B | $607.1M | $543.1M | $619.7M | $597.3M | $532.7M | $439.4M | $488.5M | $542.5M | $522.2M |
| Inventory | $37.85B | $1.80B | $710.0M | $597.7M | $528.3M | $488.6M | $395.6M | $359.0M | $339.6M | $345.2M |
| Other current assets | $0 | $0 | $267.1M | $342.9M | $165.8M | $129.2M | $144.7M | $124.0M | $160.6M | $228.5M |
| Total current assets | $5.42T | $1.92B | $1.52B | $1.62B | $1.31B | $1.88B | $981.7M | $1.01B | $1.08B | $1.31B |
| Property, plant & equipment (net) | $52.85B | $47.85B | $18.88B | $19.01B | $19.87B | $17.71B | $15.70B | $14.36B | $13.03B | $11.72B |
| Goodwill & intangible assets | $367.6M | $367.6M | $374.1M | $377.2M | $374.10B | $377.2M | $377.2M | $377.2M | $377.2M | $377.2M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.41B | $2.56B |
| Other non-current assets | $0 | $0 | $8.34B | $7.14B | $0 | $4.74B | $4.40B | $3.90B | $2.55B | $1.74B |
| Total assets | $5.42T | $30.35B | $29.11B | $28.14B | $27.68B | $24.71B | $21.46B | $19.65B | $18.45B | $17.70B |
| Liabilities | ||||||||||
| Accounts payable | $2.57B | $1.93B | $750.4M | $946.0M | $1.67B | $1.55B | $544.8M | $493.1M | $531.1M | $440.8M |
| Short-term debt | $3.03B | $300.0M | $1.40B | $1.01B | $200.0M | $240.0M | $320.0M | $2,000 | $718.5M | $204.0M |
| Deferred revenue | $479.8M | $462.4M | $446.1M | $424.7M | $395.18B | $27.9M | $28.5M | $28.7M | $28.4M | $28.7M |
| Total current liabilities | −$259.79B | $1.51B | $2.56B | $2.33B | $2.27B | $2.17B | $1.26B | $874.8M | $1.64B | $997.3M |
| Long-term debt | $0 | $0 | $0 | $0 | $0 | $0 | $7.00B | $6.81B | $5.47B | $5.61B |
| Other long-term liabilities | $6.98T | $17.24B | $14.97B | $16.32B | $17.23B | $15.07B | $6.81B | $6.07B | $6.03B | $6.01B |
| Total liabilities | $91.1M | $18.75B | $17.54B | $18.65B | $19.50B | $17.25B | $15.07B | $13.75B | $13.14B | $12.62B |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $5.8M | $5.6M | $11.47B | $9.41B | $8.17B | $7.45B | $6.39B | $5.91B | $5.36B | $5.13B |
| Retained earnings (deficit) | $12.70B | $12.01B | $11.94B | $84.1M | $47.64B | $9.90B | $9.26B | $8.72B | $7.98B | $221.7M |
| Accumulated other comprehensive income | −$3.0M | $42.8M | $54.8M | $55.4M | $8.3M | $4.3M | $4.6M | −$6.2M | −$46.4M | −$48.4M |
| Total shareholders' equity | $16.92B | $15.08B | $11.53B | $9.46B | $8.18B | $7.46B | $6.40B | $5.90B | $5.31B | $5.08B |
| Key figures | ||||||||||
| Total debt | $3.03B | $9.87B | $9.42B | $10.70B | $10.91B | $9.03B | $7.34B | $6.81B | $6.19B | $5.82B |
| Net cash (debt) | $5.44T | −$9.54B | −$9.42B | −$10.64B | −$10.90B | −$8.30B | −$7.34B | −$6.76B | −$6.15B | −$5.60B |
| Working capital | $5.67T | $409.1M | −$1.04B | −$710.7M | −$956.3M | −$296.2M | −$275.4M | $140.1M | −$565.7M | $312.5M |
| Tangible book value | $16.56B | $14.72B | $11.15B | $9.08B | −$365.92B | $7.08B | $6.02B | $5.53B | $4.93B | $4.70B |
| Book value per share | $37.59 | $34.95 | $56.32 | $46.03 | $40.52 | $37.08 | $32.47 | $32.19 | $29.41 | $28.41 |
| Shares outstanding | 450.2M | 431.6M | 204.7M | 205.5M | 201.9M | 201.1M | 197.0M | 183.4M | 180.5M | 178.9M |
| Current ratio | — | 1.27 | 0.59 | 0.69 | 0.58 | 0.86 | 0.78 | 1.16 | 0.66 | 1.31 |
| Quick ratio | — | 0.62 | 0.21 | 0.29 | 0.27 | 0.58 | 0.35 | 0.61 | 0.35 | 0.74 |
| Debt / equity | 0.18 | 0.65 | 0.82 | 1.13 | 1.33 | 1.21 | 1.15 | 1.15 | 1.17 | 1.14 |
| Equity / assets | 0.3% | 49.7% | 39.6% | 33.6% | 29.6% | 30.2% | 29.8% | 30.0% | 28.8% | 28.7% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $1.57B | $1.24B | $5.44T | $1.52B | $299.4M | $392.2M | $327.1M | $101.3M | $185.8M | $773.2M | $2.8M | $793.3M |
| Cash & equivalents | $118.2M | $1.24B | $5.44T | $1.52B | $299.4M | $392.2M | $327.1M | $101.3M | $185.8M | $773.2M | $2.8M | $793.3M |
| Short-term investments | $3.74B | — | $1.88B | $1.88B | $1.01B | — | — | $1.32B | $1.27B | $1.23B | — | — |
| Receivables | $801.9M | $685.3M | −$66.20B | $1.78B | $749.9M | $675.5M | $607.1M | $782.6M | $741.7M | $731.5M | $543.1M | $755.0M |
| Inventory | $887.6M | $862.0M | $37.85B | $1.81B | $4.8M | $3.5M | $832.0M | $1.78B | $783.2M | $735.5M | $710.0M | $702.1M |
| Other current assets | $356.5M | $459.4M | $0 | $366.5M | $0 | $0 | $156.9M | $0 | $389.4M | $321.4M | $267.1M | $431.7M |
| Total current assets | $3.61B | $3.25B | $5.42T | $5.47B | $19.6M | $15.9M | $1.92B | $2.10B | $2.10B | $2.56B | $1.52B | $2.68B |
| Property, plant & equipment (net) | $24.26B | $23.03B | $52.85B | $51.75B | $697.8M | $688.0M | $19.44B | $46.86B | $19.06B | $18.95B | $18.88B | $18.71B |
| Goodwill & intangible assets | $367.6M | $367.6M | $367.6M | $367.6M | $6.5M | $6.4M | $367.6M | $374.1M | $374.1M | $374.1M | $374.1M | $377.2M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $8.59B | $8.40B | $0 | $12.25B | $0 | $0 | $8.62B | $0 | $8.44B | $8.39B | $8.34B | $8.22B |
| Total assets | $36.83B | $35.05B | $5.42T | $69.85B | $492.1M | $483.1M | $30.35B | $30.36B | $29.97B | $30.28B | $29.11B | $29.99B |
| Liabilities | ||||||||||||
| Accounts payable | $1.36B | $1.14B | $2.57B | $2.18B | $771.9M | $802,000 | $1.93B | $612.5M | $539.4M | $429.7M | $750.4M | $516.3M |
| Short-term debt | $3.08B | $2.91B | $3.03B | $3.39B | $250.0M | $250.0M | $300.0M | $2.44B | $1.30B | $1.40B | $1.40B | $685.0M |
| Deferred revenue | $491.4M | $485.2M | $632.9M | $477.8M | $455.5M | $468.6M | $462.4M | $466.8M | $462.2M | $455.7M | $446.1M | $441.02B |
| Total current liabilities | $3.68B | $2.69B | −$259.79B | $7.17B | $9.6M | $9.5M | $1.51B | $5.46B | $2.32B | $2.20B | $2.56B | $1.68B |
| Long-term debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $20.64B | $5.72B | $6.98T | $5.41B | $39.4M | $42.3M | $17.24B | $26.56B | $16.43B | $16.42B | $14.97B | $16.80B |
| Total liabilities | $24.31B | $22.84B | $6.72T | $94.7M | $49.0M | $51.8M | $18.75B | $108.9M | $18.75B | $18.62B | $17.54B | $18.48B |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $12.44B | $12.13B | $5.8M | $5.8M | $11.56B | $11.72B | $5.6M | $2.8M | $11.12B | $11.56B | $11.47B | $11.41B |
| Retained earnings (deficit) | $12.98B | $12.79B | $12.70B | $12.75B | $12.33B | $12.12B | $12.01B | $11.99B | $11.58B | $11.77B | $11.94B | $11.19T |
| Accumulated other comprehensive income | −$1.1M | $905,000 | −$3.0M | $30.4M | $50.6M | $52.7M | $42.8M | $76.2M | $50.8M | $52.8M | $54.8M | $51.0M |
| Total shareholders' equity | $12.48B | $12.17B | $16.92B | $16.66B | $443.1M | $11.77B | $15.08B | $15.03B | $11.17B | $11.61B | $11.53B | $11.46B |
| Key figures | ||||||||||||
| Total debt | $3.08B | $2.91B | $6.98T | $3.39B | $10.40B | $10.41B | $9.87B | $29.00B | $10.19B | $10.60B | $9.42B | $10.40B |
| Net cash (debt) | −$1.51B | −$1.67B | −$1.54T | −$1.87B | −$10.10B | −$10.01B | −$9.54B | −$28.90B | −$10.00B | −$9.83B | −$9.42B | −$9.61B |
| Working capital | −$64.1M | $556.0M | $5.67T | −$1.70B | $10.0M | $6.4M | $409.1M | −$3.36B | −$219.3M | $358.6M | −$1.04B | $1.00B |
| Tangible book value | $12.11B | $11.80B | $16.56B | $16.29B | $436.6M | $11.77B | $14.72B | $14.66B | $10.80B | $11.24B | $11.15B | $11.08B |
| Book value per share | $26.75 | $26.30 | $37.59 | $36.74 | $0.99 | $26.72 | $75.02 | $69.70 | $55.57 | $57.75 | $54.28 | $57.00 |
| Shares outstanding | 466.3M | 462.5M | 450.2M | 453.6M | 445.7M | 440.6M | 201.1M | 215.7M | 201.1M | 201.1M | 212.4M | 201.1M |
| Current ratio | 0.98 | 1.21 | — | 0.76 | 2.04 | 1.68 | 1.27 | 0.38 | 0.91 | 1.16 | 0.59 | 1.60 |
| Quick ratio | 0.64 | 0.72 | — | 0.46 | 109.03 | 112.96 | 0.62 | 0.16 | 0.40 | 0.68 | 0.21 | 0.92 |
| Debt / equity | 0.25 | 0.24 | 412.71 | 0.20 | 23.47 | 0.88 | 0.65 | 1.93 | 0.91 | 0.91 | 0.82 | 0.91 |
| Equity / assets | 33.9% | 34.7% | 0.3% | 23.9% | 90.0% | 2,436.9% | 49.7% | 49.5% | 37.3% | 38.4% | 39.6% | 38.2% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed February 19, 2026); data from EODHD.
ELC financial position
At the end of fiscal 2025 (December 31, 2025), Entergy Louisiana LLC Pref had total assets of $5.42 trillion (up 17,743.0% from a year earlier), total liabilities of $91.1 million and shareholders' equity of $16.9 billion. It held $5.44 trillion in cash and short-term investments against $3.0 billion of debt, a net cash position of $5.44 trillion. In the latest quarter (ended June 30, 2026) total assets were $36.8 billion and equity $12.5 billion.
Related: ELC income statement, ELC cash flow statement, ELC key metrics. See the ELC stock overview for the latest quote and news.
ELC balance sheet FAQ
What are Entergy Louisiana LLC Pref's total assets?
Entergy Louisiana LLC Pref reported total assets of $5.42 trillion at the end of fiscal 2025 (December 31, 2025), compared with $30.3 billion a year earlier.
How much debt does Entergy Louisiana LLC Pref have?
Entergy Louisiana LLC Pref had $3.0 billion of total debt at the end of fiscal 2025, including short-term borrowings. Its debt-to-equity ratio was 0.18.
How much cash does Entergy Louisiana LLC Pref have?
Entergy Louisiana LLC Pref held $5.44 trillion in cash and short-term investments at the end of fiscal 2025; with $3.0 billion of debt that is net cash of $5.44 trillion.
What is Entergy Louisiana LLC Pref's book value?
Entergy Louisiana LLC Pref's shareholders' equity (book value) was $16.9 billion at the end of fiscal 2025, or $37.59 per share.
How much goodwill does Entergy Louisiana LLC Pref have?
Entergy Louisiana LLC Pref carried $367.6 million of goodwill and intangible assets, 0.0% of total assets, at the end of fiscal 2025.