Enbridge Balance Sheet Health
Financial Health criteria checks 0/6
Enbridge has a total shareholder equity of CA$68.8B and total debt of CA$95.6B, which brings its debt-to-equity ratio to 139%. Its total assets and total liabilities are CA$205.8B and CA$137.0B respectively. Enbridge's EBIT is CA$9.6B making its interest coverage ratio 2.2. It has cash and short-term investments of CA$1.9B.
Key information
139.0%
Debt to equity ratio
CA$95.58b
Debt
| Interest coverage ratio | 2.2x |
| Cash | CA$1.90b |
| Equity | CA$68.78b |
| Total liabilities | CA$137.00b |
| Total assets | CA$205.77b |
Recent financial health updates
No updates
Recent updates
Enbridge: 6.6-7% Yielding Preferred Shares While Common Stock Provides Capital Gains Exposure
Dec 28Enbridge: Dividend Champion Deeply Undervalued
Dec 22Enbridge: My Second Largest Investment For Double Digit Compounding
Dec 13Enbridge: Dividend Play For Retirees And Income Investors, Yielding Over 6%
Nov 26Enbridge: You 'Ain't Seen Nothing Yet'
Nov 10Enbridge: Time To Lock In A 7% Yield In U.S. Dollars
Nov 02Enbridge: Valuations Starting To Look Frothy (Rating Downgrade)
Oct 08Enbridge: This 6.5%-Yielding Dividend Aristocrat Is Still Buyable Now
Oct 01Enbridge's New Preferred Shares Yield 8.65%, But I'm Not Interested
Sep 14Enbridge: A Fat Pitch 7.0% Yield With A Growth Catalyst
Sep 04Enbridge: A Buy Above, A Hold Below 8% Yield
Aug 26Enbridge Dividend Yield Supported By Strong Expansion
Aug 18Enbridge: I'd Like To Lock In A 7.4% Preferred Dividend Yield
Aug 04Enbridge And Our Digital Future
Jun 20Enbridge: A 7.5% Yielding Buy And Hold Forever Dividend Aristocrat
Jun 07Enbridge: The Bullish Case Remains Intact
May 27Enbridge: A Leading Midstream Opportunity That You Shouldn't Ignore
May 20Enbridge: Buying More Of This 7%-Yielding Aristocrat For My Portfolio
May 13Enbridge: The Goldilocks Stock With Catalysts
Apr 26Enbridge: The Dip Is An Opportunity For Appreciation And Income As The Dividend Approaches 8%
Apr 19Buy These 2 Very High Yielding Preferred Stock Bargains From Enbridge
Apr 04Financial Position Analysis
Short Term Liabilities: ENB's short term assets (CA$11.9B) do not cover its short term liabilities (CA$19.1B).
Long Term Liabilities: ENB's short term assets (CA$11.9B) do not cover its long term liabilities (CA$117.9B).
Debt to Equity History and Analysis
Debt Level: ENB's net debt to equity ratio (136.2%) is considered high.
Reducing Debt: ENB's debt to equity ratio has increased from 93.1% to 139% over the past 5 years.
Debt Coverage: ENB's debt is not well covered by operating cash flow (13.3%).
Interest Coverage: ENB's interest payments on its debt are not well covered by EBIT (2.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/02 05:17 |
| End of Day Share Price | 2025/01/02 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Enbridge Inc. is covered by 46 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Harshit Gupta | Accountability Research Corporation |
| John Eade | Argus Research Company |
| null null | Argus Research Company |