Enbridge Total Current Assets from 2010 to 2024

ENB Stock  USD 36.24  0.27  0.75%   
Enbridge's Total Current Assets are increasing over the years with slightly volatile fluctuation. Overall, Total Current Assets are expected to go to about 11.4 B this year. Total Current Assets is the total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle. View All Fundamentals
 
Total Current Assets  
First Reported
1988-12-31
Previous Quarter
14.4 B
Current Value
10 B
Quarterly Volatility
3.4 B
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Enbridge financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Enbridge main balance sheet or income statement drivers, such as Depreciation And Amortization of 4.8 B, Interest Expense of 4 B or Total Revenue of 45.8 B, as well as many exotic indicators such as Price To Sales Ratio of 2.64, Dividend Yield of 0.0817 or PTB Ratio of 3.37. Enbridge financial statements analysis is a perfect complement when working with Enbridge Valuation or Volatility modules.
  
This module can also supplement Enbridge's financial leverage analysis and stock options assessment as well as various Enbridge Technical models . Check out the analysis of Enbridge Correlation against competitors.
For information on how to trade Enbridge Stock refer to our How to Trade Enbridge Stock guide.

Latest Enbridge's Total Current Assets Growth Pattern

Below is the plot of the Total Current Assets of Enbridge over the last few years. It is the total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle. Enbridge's Total Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Enbridge's overall financial position and show how it may be relating to other accounts over time.
Total Current Assets10 Years Trend
Slightly volatile
   Total Current Assets   
       Timeline  

Enbridge Total Current Assets Regression Statistics

Arithmetic Mean7,969,929,231
Geometric Mean6,356,425,565
Coefficient Of Variation36.66
Mean Deviation1,982,790,693
Median8,410,000,000
Standard Deviation2,921,606,749
Sample Variance8535786T
Range12B
R-Value0.84
Mean Square Error2676620.3T
R-Squared0.71
Significance0.000083
Slope550,016,040
Total Sum of Squares119501003.9T

Enbridge Total Current Assets History

202411.4 B
202310.9 B
202212.1 B
2021B
20207.3 B
20198.8 B
20188.6 B

About Enbridge Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Enbridge income statement, its balance sheet, and the statement of cash flows. Enbridge investors use historical funamental indicators, such as Enbridge's Total Current Assets, to determine how well the company is positioned to perform in the future. Although Enbridge investors may use each financial statement separately, they are all related. The changes in Enbridge's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Enbridge's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Enbridge Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Enbridge. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Total Current Assets10.9 B11.4 B

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Enbridge offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Enbridge's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Enbridge Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Enbridge Stock:
Check out the analysis of Enbridge Correlation against competitors.
For information on how to trade Enbridge Stock refer to our How to Trade Enbridge Stock guide.
You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.

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When running Enbridge's price analysis, check to measure Enbridge's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Enbridge is operating at the current time. Most of Enbridge's value examination focuses on studying past and present price action to predict the probability of Enbridge's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Enbridge's price. Additionally, you may evaluate how the addition of Enbridge to your portfolios can decrease your overall portfolio volatility.
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Is Enbridge's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Enbridge. If investors know Enbridge will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Enbridge listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.21)
Dividend Share
3.575
Earnings Share
1.94
Revenue Per Share
20.474
Quarterly Revenue Growth
(0.09)
The market value of Enbridge is measured differently than its book value, which is the value of Enbridge that is recorded on the company's balance sheet. Investors also form their own opinion of Enbridge's value that differs from its market value or its book value, called intrinsic value, which is Enbridge's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Enbridge's market value can be influenced by many factors that don't directly affect Enbridge's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Enbridge's value and its price as these two are different measures arrived at by different means. Investors typically determine if Enbridge is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Enbridge's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.