EnLink Non Current Assets Total from 2010 to 2024

ENLC Stock  USD 13.61  0.04  0.29%   
EnLink Midstream's Non Current Assets Total are increasing over the years with slightly volatile fluctuation. Non Current Assets Total are expected to dwindle to about 5.2 B. Non Current Assets Total is the total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets. View All Fundamentals
 
Non Current Assets Total  
First Reported
2003-12-31
Previous Quarter
7.6 B
Current Value
7.5 B
Quarterly Volatility
3.7 B
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check EnLink Midstream financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among EnLink main balance sheet or income statement drivers, such as Depreciation And Amortization of 690 M, Interest Expense of 284.3 M or Total Revenue of 4.1 B, as well as many exotic indicators such as Price To Sales Ratio of 0.86, Dividend Yield of 0.04 or PTB Ratio of 3.51. EnLink financial statements analysis is a perfect complement when working with EnLink Midstream Valuation or Volatility modules.
  
This module can also supplement EnLink Midstream's financial leverage analysis and stock options assessment as well as various EnLink Midstream Technical models . Check out the analysis of EnLink Midstream Correlation against competitors.

Latest EnLink Midstream's Non Current Assets Total Growth Pattern

Below is the plot of the Non Current Assets Total of EnLink Midstream LLC over the last few years. It is the total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets. EnLink Midstream's Non Current Assets Total historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in EnLink Midstream's overall financial position and show how it may be relating to other accounts over time.
Non Current Assets Total10 Years Trend
Slightly volatile
   Non Current Assets Total   
       Timeline  

EnLink Non Current Assets Total Regression Statistics

Arithmetic Mean6,565,419,923
Geometric Mean4,633,593,051
Coefficient Of Variation50.64
Mean Deviation2,809,266,769
Median7,668,200,000
Standard Deviation3,324,494,363
Sample Variance11052262.8T
Range9.6B
R-Value0.54
Mean Square Error8412261.4T
R-Squared0.29
Significance0.04
Slope402,546,718
Total Sum of Squares154731678.8T

EnLink Non Current Assets Total History

20245.2 B
20237.5 B
20227.7 B
20217.6 B
20207.9 B
20198.7 B
20189.7 B

About EnLink Midstream Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include EnLink Midstream income statement, its balance sheet, and the statement of cash flows. EnLink Midstream investors use historical funamental indicators, such as EnLink Midstream's Non Current Assets Total, to determine how well the company is positioned to perform in the future. Although EnLink Midstream investors may use each financial statement separately, they are all related. The changes in EnLink Midstream's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on EnLink Midstream'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 EnLink Midstream Financial Statements. Understanding these patterns can help to make the right decision on long term investment in EnLink Midstream. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Non Current Assets Total7.5 B5.2 B

Pair Trading with EnLink Midstream

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 EnLink Midstream 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 EnLink Midstream will appreciate offsetting losses from the drop in the long position's value.

Moving together with EnLink Stock

  0.92AM Antero Midstream Partners Earnings Call TomorrowPairCorr
  0.94ET Energy Transfer LP Aggressive PushPairCorr

Moving against EnLink Stock

  0.7EURN Euronav NV Financial Report 9th of May 2024 PairCorr
  0.68TK TeekayPairCorr
  0.64PBT Permian Basin RoyaltyPairCorr
  0.57CQP Cheniere Energy Partners Earnings Call This WeekPairCorr
  0.48FLNG FLEX LNG Financial Report 21st of May 2024 PairCorr
The ability to find closely correlated positions to EnLink Midstream could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace EnLink Midstream 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 EnLink Midstream - 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 EnLink Midstream LLC to buy it.
The correlation of EnLink Midstream 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 EnLink Midstream moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if EnLink Midstream LLC 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 EnLink Midstream 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.
Pair CorrelationCorrelation Matching
When determining whether EnLink Midstream LLC offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of EnLink Midstream'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 Enlink Midstream Llc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Enlink Midstream Llc Stock:
Check out the analysis of EnLink Midstream Correlation against competitors.
You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.

Complementary Tools for EnLink Stock analysis

When running EnLink Midstream's price analysis, check to measure EnLink Midstream'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 EnLink Midstream is operating at the current time. Most of EnLink Midstream's value examination focuses on studying past and present price action to predict the probability of EnLink Midstream's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EnLink Midstream's price. Additionally, you may evaluate how the addition of EnLink Midstream to your portfolios can decrease your overall portfolio volatility.
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Fundamental Analysis
View fundamental data based on most recent published financial statements
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Is EnLink Midstream'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 EnLink Midstream. If investors know EnLink 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 EnLink Midstream 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
(0.58)
Dividend Share
0.508
Earnings Share
0.44
Revenue Per Share
14.9
Quarterly Revenue Growth
(0.1)
The market value of EnLink Midstream LLC is measured differently than its book value, which is the value of EnLink that is recorded on the company's balance sheet. Investors also form their own opinion of EnLink Midstream's value that differs from its market value or its book value, called intrinsic value, which is EnLink Midstream'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 EnLink Midstream's market value can be influenced by many factors that don't directly affect EnLink Midstream'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 EnLink Midstream's value and its price as these two are different measures arrived at by different means. Investors typically determine if EnLink Midstream is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EnLink Midstream'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.