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Entergy ETR Utility — Letters Of Credit
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Where this comes from
Reported directly by Entergy in its filing.
Tagged under the XBRL concept etr:LettersOfCredit.
The source filing: Entergy’s 10-Q, filed November 2, 2023.
- Filed
- Nov 1, 2023, 8:00 PM EDT
- Fiscal quarter
- Q3 FY2023
- Calendar quarter
- Q3 2023
- Accession
- 0000065984-23-000094
FAQ
- What is Entergy's utility — letters of credit?
- Entergy (ETR) reported utility — letters of credit of $4M in Q3 2023.
- How has Entergy's utility — letters of credit changed year-over-year?
- Entergy's utility — letters of credit increased by 33.3% year-over-year, from $3M to $4M.
- What does utility — letters of credit mean?
- This metric represents the total value of standby letters of credit issued on behalf of the utility segment to support operational and financial obligations. These instruments serve as a guarantee of payment to third parties, such as fuel suppliers or regulatory bodies, ensuring the utility meets its contractual commitments. It is a critical indicator of the segment's liquidity and its ability to secure necessary operational inputs through credit-backed arrangements.
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