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
Financial Position Analysis
Short Term Liabilities: EBBG.F's short term assets (CA$11.9B) do not cover its short term liabilities (CA$19.1B).
Long Term Liabilities: EBBG.F'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: EBBG.F's net debt to equity ratio (136.2%) is considered high.
Reducing Debt: EBBG.F's debt to equity ratio has increased from 93.1% to 139% over the past 5 years.
Debt Coverage: EBBG.F's debt is not well covered by operating cash flow (13.3%).
Interest Coverage: EBBG.F's interest payments on its debt are not well covered by EBIT (2.2x coverage).