Enbridge Financial Statements From 2010 to 2025

Enbridge Balance Sheet		Trends
Current Value Last Year Historical Average  10 Year Trend Total Assets 229.9 B 219 B 126 B Slightly volatile Short and Long Term Debt Total 98 B 93.4 B 54.8 B Slightly volatile Other Current Liabilities 2.3 B 3 B 4.8 B Pretty Stable Total Current Liabilities 25 B 23.8 B 13.8 B Slightly volatile Total Stockholder Equity 69.2 B 65.9 B 41.4 B Slightly volatile Property Plant And Equipment Net 137.7 B 131.1 B 77.2 B Slightly volatile Net Debt 104.9 B 99.9 B 54.6 B Slightly volatile Cash 1.9 B 1.8 B 1.3 B Slightly volatile Non Current Assets Total 216.1 B 205.8 B 117.3 B Slightly volatile Non Currrent Assets Other 12.6 B 12 B 6.4 B Slightly volatile Cash And Short Term Investments 7.1 B 6.8 B 1.9 B Slightly volatile Net Receivables 7.3 B 6.9 B 5 B Slightly volatile Common Stock Shares Outstanding 1.2 B 2.2 B 1.4 B Slightly volatile Liabilities And Stockholders Equity 217.7 B 207.4 B 124.5 B Slightly volatile Non Current Liabilities Total 132.6 B 126.3 B 67.9 B Slightly volatile Inventory 931.9 M 1.5 B 1.2 B Slightly volatile Other Current Assets 1.9 B 1.8 B 982.9 M Slightly volatile Total Liabilities 157.6 B 150.1 B 81.7 B Slightly volatile Property Plant And Equipment Gross 177.5 B 169.1 B 87.6 B Slightly volatile Total Current Assets 13.8 B 13.2 B 8.7 B Slightly volatile Short Term Debt 7.8 B 7.5 B 4.5 B Slightly volatile Accounts Payable 7.4 B 7.1 B 3.2 B Slightly volatile Intangible Assets 4.8 B 4.6 B 2.3 B Slightly volatile Good Will 38.4 B 36.6 B 19.4 B Slightly volatile Common Stock Total Equity 78.2 B 74.5 B 39.7 B Slightly volatile Common Stock 83.5 B 79.6 B 40.6 B Slightly volatile Other Liabilities 16.2 B 25.6 B 14.3 B Slightly volatile Net Tangible Assets 16.6 B 19.1 B 14 B Slightly volatile Long Term Debt 62.8 B 93.4 B 50.9 B Slightly volatile Deferred Long Term Liabilities 1.9 B 1.9 B 1.4 B Slightly volatile Long Term Investments 14.1 B 20.7 B 11.4 B Slightly volatile Short and Long Term Debt 5.6 B 8.3 B 10.5 B Slightly volatile Property Plant Equipment 88.6 B 120.9 B 78 B Slightly volatile Long Term Debt Total 63.3 B 83.9 B 54.9 B Slightly volatile Non Current Liabilities Other 9 B 13.3 B 5.7 B Slightly volatile Cash And Equivalents 541.6 M 774.9 M 992.5 M Slightly volatile Net Invested Capital 143.7 B 160.8 B 124.9 B Slightly volatile Capital Stock 81.1 B 78.6 B 73.5 B Slightly volatile
Enbridge Income Statement		Trends
Current Value Last Year Historical Average  10 Year Trend Depreciation And Amortization 5.6 B 5.3 B 2.9 B Slightly volatile Total Revenue 56.1 B 53.5 B 38.6 B Slightly volatile Gross Profit 20.2 B 19.3 B 11.3 B Slightly volatile Other Operating Expenses 41.8 B 39.8 B 32.5 B Slightly volatile Operating Income 10.3 B 9.8 B 5.1 B Slightly volatile EBIT 14.1 B 13.5 B 5.5 B Slightly volatile EBITDA 19.7 B 18.8 B 8.4 B Slightly volatile Cost Of Revenue 35.9 B 34.2 B 27.4 B Slightly volatile Total Operating Expenses 45.8 B 43.6 B 10.1 B Slightly volatile Income Before Tax 7.7 B 7.3 B 3.7 B Slightly volatile Net Income 5.7 B 5.4 B 3 B Slightly volatile Selling General Administrative 147.5 M 155.2 M 3.9 B Very volatile Discontinued Operations 27.5 M 52.9 M 34.8 M Slightly volatile Non Recurring 4.4 B 4.2 B 2.3 B Slightly volatile Interest Income 1.1 B 2 B 1.6 B Slightly volatile Reconciled Depreciation 4.3 B 5.2 B 3.6 B Slightly volatile Selling And Marketing Expenses 6.9 B 7.8 B 8.5 B Slightly volatile
Enbridge Cash Flow Statement		Trends
Current Value Last Year Historical Average  10 Year Trend Begin Period Cash Flow 6.3 B 6 B 1.5 B Slightly volatile Depreciation 5.4 B 5.2 B 2.9 B Slightly volatile Dividends Paid 8.7 B 8.3 B 4.1 B Slightly volatile Capital Expenditures 3.7 B 6.9 B 6 B Pretty Stable Total Cash From Operating Activities 13.2 B 12.6 B 7.4 B Slightly volatile End Period Cash Flow 2.1 B 2 B 1.3 B Slightly volatile Stock Based Compensation 153.8 M 177.1 M 137.4 M Slightly volatile Change To Netincome 4.7 B 4.5 B 2.3 B Slightly volatile Issuance Of Capital Stock 2.6 B 2.5 B 610.3 M Slightly volatile
Financial Ratios		Trends
Current Value Last Year Historical Average  10 Year Trend Price To Sales Ratio 2.67 2.4587 1.8463 Slightly volatile Dividend Yield 0.066 0.0628 0.0476 Slightly volatile PTB Ratio 3.36 1.9951 2.1604 Slightly volatile Days Sales Outstanding 73.68 50.4091 49.3553 Pretty Stable Book Value Per Share 33.57 31.9689 27.2594 Slightly volatile Operating Cash Flow Per Share 6.14 5.8469 4.6791 Slightly volatile Average Payables 1.9 B 1.8 B 1.8 B Slightly volatile Stock Based Compensation To Revenue 0.0028 0.0044 0.0036 Very volatile Capex To Depreciation 2.09 1.3412 2.7418 Slightly volatile PB Ratio 3.36 1.9951 2.1604 Slightly volatile EV To Sales 4.26 4.3264 3.1645 Slightly volatile Inventory Turnover 14.02 22.9886 21.2187 Slightly volatile Net Income Per Share 2.65 2.5248 1.7648 Slightly volatile Days Of Inventory On Hand 15.08 15.8775 17.2547 Pretty Stable Payables Turnover 4.6 4.8452 33.8506 Slightly volatile Average Inventory 479.4 M 699.3 M 705.1 M Pretty Stable Capex To Revenue 0.22 0.1296 0.175 Slightly volatile Cash Per Share 0.88 0.8367 0.9588 Very volatile POCF Ratio 18.63 10.4346 11.1429 Very volatile Interest Coverage 1.74 2.1925 2.1467 Pretty Stable Payout Ratio 0.9 1.5185 1.3907 Pretty Stable Capex To Operating Cash Flow 0.52 0.55 1.182 Slightly volatile Days Payables Outstanding 99.66 75.3325 43.7549 Slightly volatile ROE 0.14 0.0826 0.0771 Pretty Stable EV To Operating Cash Flow 29.95 18.3608 18.7209 Very volatile PE Ratio 24.2 24.164 36.429 Slightly volatile Return On Tangible Assets 0.0416 0.0306 0.0274 Slightly volatile Earnings Yield 0.0504 0.0414 0.0382 Slightly volatile Intangibles To Total Assets 0.2 0.1881 0.1328 Slightly volatile Net Debt To EBITDA 4.81 5.921 6.978 Very volatile Current Ratio 1.05 0.5528 0.7007 Pretty Stable Tangible Book Value Per Share 7.02 12.8566 15.3257 Very volatile Receivables Turnover 5.32 7.2408 7.6319 Very volatile Graham Number 43.76 41.6798 30.9735 Slightly volatile Shareholders Equity Per Share 32.11 30.58 25.2175 Slightly volatile Debt To Equity 2.18 1.5428 1.5688 Pretty Stable Capex Per Share 2.42 3.2158 4.9385 Slightly volatile Average Receivables 2.1 B 2 B 2.1 B Slightly volatile Revenue Per Share 26.05 24.8135 27.8696 Pretty Stable Interest Debt Per Share 51.68 49.2218 37.8507 Slightly volatile Debt To Assets 0.54 0.4643 0.4505 Pretty Stable Enterprise Value Over EBITDA 12.4 13.7159 16.3752 Pretty Stable Short Term Coverage Ratios 2.53 1.5258 1.6523 Slightly volatile Price Earnings Ratio 24.2 24.164 36.429 Slightly volatile Operating Cycle 124 66.2865 68.8043 Slightly volatile Price Book Value Ratio 3.36 1.9951 2.1604 Slightly volatile Days Of Payables Outstanding 99.66 75.3325 43.7549 Slightly volatile Dividend Payout Ratio 0.9 1.5185 1.3907 Pretty Stable Price To Operating Cash Flows Ratio 18.63 10.4346 11.1429 Very volatile Pretax Profit Margin 0.15 0.1365 0.0974 Slightly volatile Ebt Per Ebit 0.85 0.7565 0.6753 Pretty Stable Operating Profit Margin 0.2 0.1804 0.1373 Pretty Stable Company Equity Multiplier 4.24 3.3228 3.4404 Slightly volatile Long Term Debt To Capitalization 0.67 0.5864 0.5778 Pretty Stable Total Debt To Capitalization 0.7 0.6067 0.5991 Pretty Stable Return On Capital Employed 0.076 0.0494 0.0496 Very volatile Debt Equity Ratio 2.18 1.5428 1.5688 Pretty Stable Ebit Per Revenue 0.2 0.1804 0.1373 Pretty Stable Quick Ratio 0.86 0.4903 0.5936 Pretty Stable Dividend Paid And Capex Coverage Ratio 0.51 0.8294 0.697 Slightly volatile Net Income Per E B T 1.18 0.7454 2.4204 Pretty Stable Cash Ratio 0.0719 0.0757 0.099 Pretty Stable Operating Cash Flow Sales Ratio 0.19 0.2356 0.1854 Slightly volatile Days Of Inventory Outstanding 15.08 15.8775 17.2547 Pretty Stable Days Of Sales Outstanding 73.68 50.4091 49.3553 Pretty Stable Cash Flow Coverage Ratios 0.096 0.1239 0.1347 Pretty Stable Price To Book Ratio 3.36 1.9951 2.1604 Slightly volatile Fixed Asset Turnover 0.44 0.4079 0.5397 Slightly volatile Capital Expenditure Coverage Ratio 1.91 1.8182 1.3106 Slightly volatile Price Cash Flow Ratio 18.63 10.4346 11.1429 Very volatile Enterprise Value Multiple 12.4 13.7159 16.3752 Pretty Stable Debt Ratio 0.54 0.4643 0.4505 Pretty Stable Cash Flow To Debt Ratio 0.096 0.1239 0.1347 Pretty Stable Price Sales Ratio 2.67 2.4587 1.8463 Slightly volatile Return On Assets 0.0394 0.0248 0.0237 Slightly volatile Asset Turnover 0.3 0.2442 0.3589 Slightly volatile Net Profit Margin 0.12 0.1018 0.0751 Slightly volatile Gross Profit Margin 0.42 0.3603 0.3006 Slightly volatile Price Fair Value 3.36 1.9951 2.1604 Slightly volatile Return On Equity 0.14 0.0826 0.0771 Pretty Stable
Enbridge Valuation Data		Trends
Current Value Last Year Historical Average  10 Year Trend Market Cap 31.4 B 29.9 B 30.7 B Slightly volatile Enterprise Value 29.8 B 28.4 B 29.5 B Slightly volatile

Enbridge Fundamental Market Drivers

About Enbridge Financial Statements

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.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:

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Earnings Projections Details

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.