Status in list is "-" but has a value in the details

I have an MQTT sensor that I deployed via MQTT Discovery. When looking at the list view (Settings → Entities) I see this

image

The status is a sad -.

When clicking on the entry to check the details, I see

Is this discrepancy expected?

Status is not the same as state. A status of “-” means “no problems”.

Ahhhh, thank you! Now this is clear.

In hindsight, I could have realized this myself: I often quickly scan this column to find entities that have an unexpected status.