Enbridge Balance Sheet Health
Financial Health criteria checks 0/6
Enbridge has a total shareholder equity of CA$64.5B and total debt of CA$81.5B, which brings its debt-to-equity ratio to 126.3%. Its total assets and total liabilities are CA$180.3B and CA$115.8B respectively. Enbridge's EBIT is CA$9.2B making its interest coverage ratio 2.4. It has cash and short-term investments of CA$6.0B.
Key information
126.3%
Debt to equity ratio
CA$81.47b
Debt
| Interest coverage ratio | 2.4x |
| Cash | CA$5.97b |
| Equity | CA$64.48b |
| Total liabilities | CA$115.83b |
| Total assets | CA$180.32b |
Recent financial health updates
No updates
Recent updates
Enbridge: 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 04Enbridge: Vast Upside Potential And Compelling Yield
Mar 28Enbridge: Market's Near-Term View Vs. The Long-Term View
Mar 19Enbridge: I'm Buying This 7.6%-Yielding Dividend Aristocrat Now
Mar 10Enbridge: Buy This 7.7% Yield While The Market Is Asleep
Feb 11Enterprise Products Partners Vs. Enbridge: Both Have Gas, But One Has More
Feb 05Enbridge Offers A 7%+ Yield And Double Digit Total Return Potential
Jan 19Enbridge: A Top-Rated 7.3% Yield For Income Investors
Jan 03Enbridge: Is It Too Late To Buy This 8%-Yielding Dividend Aristocrat?
Dec 11Dividend Giant Enbridge Presents A Buying Opportunity (Technical Analysis)
Nov 22Enbridge: Rebound From Strong Technical Pivot Amid Q3 Earnings Drop
Nov 06Is Enbridge Underrated As Winter Approaches
Oct 25Out-Of-Favor Enbridge Shares Are A Buy (Rating Upgrade)
Oct 18Enbridge: This 7.6% Midstream Yield Has Potential
Sep 25Enbridge: Making Some Smart Moves
Sep 19I Believe Enbridge Has Turned Into The Best Diversified 8%-Yielder Money Can Buy
Sep 13Financial Position Analysis
Short Term Liabilities: ENB's short term assets (CA$14.4B) do not cover its short term liabilities (CA$17.4B).
Long Term Liabilities: ENB's short term assets (CA$14.4B) do not cover its long term liabilities (CA$98.4B).
Debt to Equity History and Analysis
Debt Level: ENB's net debt to equity ratio (117.1%) is considered high.
Reducing Debt: ENB's debt to equity ratio has increased from 88.7% to 126.3% over the past 5 years.
Debt Coverage: ENB's debt is not well covered by operating cash flow (17.4%).
Interest Coverage: ENB's interest payments on its debt are not well covered by EBIT (2.4x coverage).