Enbridge Interest Coverage from 2010 to 2026
| ENB Stock | USD 54.17 0.16 0.29% |
Interest Coverage | First Reported 2010-12-31 | Previous Quarter 2.23451152 | Current Value 1.91 | Quarterly Volatility 0.42349633 |
Check Enbridge financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Enbridge's main balance sheet or income statement drivers, such as Depreciation And Amortization of 5.9 B, Interest Expense of 5.2 B or Total Revenue of 68.5 B, as well as many indicators such as Price To Sales Ratio of 2.75, Dividend Yield of 0.0634 or PTB Ratio of 3.45. Enbridge financial statements analysis is a perfect complement when working with Enbridge Valuation or Volatility modules.
Enbridge | Interest Coverage | Build AI portfolio with Enbridge Stock |
Analyzing Enbridge's Interest Coverage over time reveals critical patterns in financial health and operational efficiency. This metric helps investors evaluate trends, identify inflection points, and make informed decisions based on historical performance. Understanding how Interest Coverage has evolved provides context for assessing Enbridge's current valuation and future prospects.
Latest Enbridge's Interest Coverage Growth Pattern
Below is the plot of the Interest Coverage of Enbridge over the last few years. It is Enbridge's Interest Coverage historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Enbridge's overall financial position and show how it may be relating to other accounts over time.
| Interest Coverage | 10 Years Trend |
|
Interest Coverage |
| Timeline |
Enbridge Interest Coverage Regression Statistics
| Arithmetic Mean | 2.42 | |
| Geometric Mean | 2.39 | |
| Coefficient Of Variation | 17.48 | |
| Mean Deviation | 0.36 | |
| Median | 2.23 | |
| Standard Deviation | 0.42 | |
| Sample Variance | 0.18 | |
| Range | 1.3916 | |
| R-Value | 0.08 | |
| Mean Square Error | 0.19 | |
| R-Squared | 0.01 | |
| Significance | 0.77 | |
| Slope | 0.01 | |
| Total Sum of Squares | 2.87 |
Enbridge Interest Coverage History
About Enbridge Financial Statements
Enbridge stakeholders use historical fundamental indicators, such as Enbridge's Interest Coverage, to determine how well the company is positioned to perform in the future. Although Enbridge investors may analyze each financial statement separately, they are all interrelated. For example, changes in Enbridge's assets and liabilities are reflected in the revenues and expenses on Enbridge's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Enbridge. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Interest Coverage | 2.23 | 1.91 |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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:Check out the analysis of Enbridge Correlation against competitors. For information on how to trade Enbridge Stock refer to our How to Trade Enbridge Stock guide.You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Is Oil & Gas Storage & Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Enbridge. Projected growth potential of Enbridge fundamentally drives upward valuation adjustments. The financial industry is built on trying to define current growth potential and future valuation accurately. Comprehensive Enbridge assessment requires weighing all these inputs, though not all factors influence outcomes equally.
Quarterly Earnings Growth 2.949 | Dividend Share 3.77 | Earnings Share 2.36 | Revenue Per Share | Quarterly Revenue Growth 0.059 |
Understanding Enbridge requires distinguishing between market price and book value, where the latter reflects Enbridge's accounting equity. The concept of intrinsic value - what Enbridge's is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Market sentiment, economic cycles, and investor behavior can push Enbridge's price substantially above or below its fundamental value.
It's important to distinguish between Enbridge's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Enbridge should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. In contrast, Enbridge's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.