Enbridge Financial Health
How is Enbridge's financial position?
Financial Health Score0/6
Financial Health Score 0/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: ENB's short term assets (CA$10.8B) do not cover its short term liabilities (CA$17.9B).
Long Term Liabilities: ENB's short term assets (CA$10.8B) do not cover its long term liabilities (CA$96.4B).
Debt to Equity History and Analysis
Debt Level: ENB's net debt to equity ratio (120.3%) is considered high.
Reducing Debt: ENB's debt to equity ratio has increased from 96.7% to 122% over the past 5 years.
Debt Coverage: ENB's debt is not well covered by operating cash flow (11.6%).
Interest Coverage: ENB's interest payments on its debt are not well covered by EBIT (2.6x coverage).