Enbridge Stock Total Debt
| ENB Stock | CAD 48.96 0.56 1.13% |
Enbridge fundamentals help investors to digest information that contributes to Enbridge's financial success or failures. It also enables traders to predict the movement of Enbridge Stock. The fundamental analysis module provides a way to measure Enbridge's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Enbridge stock.
As of the 27th of April 2024, Total Debt To Capitalization is likely to grow to 0.70. Enbridge | Total Debt |
Enbridge Company Total Debt Analysis
Enbridge's Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Current Enbridge Total Debt | 6.48 B |
Most of Enbridge's fundamental indicators, such as Total Debt, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Enbridge is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Enbridge Total Debt Driver Correlations
Understanding the fundamental principles of building solid financial models for Enbridge is extremely important. It helps to project a fair market value of Enbridge Stock properly, considering its historical fundamentals such as Total Debt. Since Enbridge's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Enbridge's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Enbridge's interrelated accounts and indicators.
Click cells to compare fundamentals
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
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Enbridge Short Long Term Debt Total
Short Long Term Debt Total |
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Based on the latest financial disclosure, Enbridge has a Total Debt of 6.48 B. This is 45.69% lower than that of the Oil, Gas & Consumable Fuels sector and 46.73% lower than that of the Energy industry. The total debt for all Canada stocks is 21.94% lower than that of the firm.
Enbridge Total Debt Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Enbridge's direct or indirect competition against its Total Debt to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Enbridge could also be used in its relative valuation, which is a method of valuing Enbridge by comparing valuation metrics of similar companies.Enbridge is currently under evaluation in total debt category among related companies.
Enbridge ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Enbridge's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Enbridge's managers, analysts, and investors.Environment Score | Governance Score | Social Score |
Enbridge Fundamentals
| Return On Equity | 0.0947 | |||
| Return On Asset | 0.032 | |||
| Profit Margin | 0.14 % | |||
| Operating Margin | 0.20 % | |||
| Current Valuation | 190.24 B | |||
| Shares Outstanding | 2.13 B | |||
| Shares Owned By Insiders | 0.09 % | |||
| Shares Owned By Institutions | 53.78 % | |||
| Number Of Shares Shorted | 49.48 M | |||
| Price To Earning | 37.87 X | |||
| Price To Book | 1.83 X | |||
| Price To Sales | 2.29 X | |||
| Revenue | 43.65 B | |||
| Gross Profit | 20.72 B | |||
| EBITDA | 13.82 B | |||
| Net Income | 6.19 B | |||
| Cash And Equivalents | 861 M | |||
| Cash Per Share | 0.69 X | |||
| Total Debt | 6.48 B | |||
| Debt To Equity | 1.22 % | |||
| Current Ratio | 0.58 X | |||
| Book Value Per Share | 25.71 X | |||
| Cash Flow From Operations | 14 B | |||
| Short Ratio | 10.34 X | |||
| Earnings Per Share | 2.84 X | |||
| Price To Earnings To Growth | 1.72 X | |||
| Target Price | 53.46 | |||
| Number Of Employees | 11.5 K | |||
| Beta | 0.89 | |||
| Market Capitalization | 103.86 B | |||
| Total Asset | 180.32 B | |||
| Retained Earnings | (17.11 B) | |||
| Working Capital | (3.04 B) | |||
| Current Asset | 7.6 B | |||
| Current Liabilities | 10.81 B | |||
| Annual Yield | 0.07 % | |||
| Five Year Return | 6.40 % | |||
| Net Asset | 180.32 B | |||
| Last Dividend Paid | 3.55 |
About Enbridge Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Enbridge's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Enbridge using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Enbridge based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Enbridge in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Enbridge's short interest history, or implied volatility extrapolated from Enbridge options trading.
Pair Trading with Enbridge
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Enbridge position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Enbridge will appreciate offsetting losses from the drop in the long position's value.Moving together with Enbridge Stock
| 0.64 | ENS | E Split Corp | PairCorr |
The ability to find closely correlated positions to Enbridge could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Enbridge when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Enbridge - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Enbridge to buy it.
The correlation of Enbridge is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Enbridge moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Enbridge moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Enbridge can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enbridge. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in Enbridge Stock, please use our How to Invest in Enbridge guide.Note that the Enbridge information on this page should be used as a complementary analysis to other Enbridge's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Complementary Tools for Enbridge Stock analysis
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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