Enbridge Net Debt To E B I T D A from 2010 to 2024

ENB Stock  USD 43.38  0.48  1.12%   
Enbridge's Net Debt To EBITDA is decreasing over the years with very volatile fluctuation. Overall, Net Debt To EBITDA is expected to go to 4.81 this year. Net Debt To EBITDA is a leverage ratio that indicates a company's ability to pay off its incurred debt. It compares a company's net debt (total debt minus cash) to its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA). View All Fundamentals
 
Net Debt To EBITDA  
First Reported
2010-12-31
Previous Quarter
4.61554493
Current Value
4.81
Quarterly Volatility
2.65804156
 
Credit Downgrade
 
Yuan Drop
 
Covid
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 4.8 B, Interest Expense of 4 B or Total Revenue of 45.8 B, as well as many indicators such as Price To Sales Ratio of 2.67, Dividend Yield of 0.0817 or PTB Ratio of 1.52. Enbridge financial statements analysis is a perfect complement when working with Enbridge Valuation or Volatility modules.
  
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.

Latest Enbridge's Net Debt To E B I T D A Growth Pattern

Below is the plot of the Net Debt To E B I T D A of Enbridge over the last few years. It is a leverage ratio that indicates a company's ability to pay off its incurred debt. It compares a company's net debt (total debt minus cash) to its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA). Enbridge's Net Debt To EBITDA 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.
Net Debt To E B I T D A10 Years Trend
Very volatile
   Net Debt To E B I T D A   
       Timeline  

Enbridge Net Debt To E B I T D A Regression Statistics

Arithmetic Mean7.05
Geometric Mean6.55
Coefficient Of Variation37.71
Mean Deviation2.00
Median6.74
Standard Deviation2.66
Sample Variance7.07
Range10.2815
R-Value(0.02)
Mean Square Error7.61
R-Squared0.0004
Significance0.94
Slope(0.01)
Total Sum of Squares98.91

Enbridge Net Debt To E B I T D A History

2024 4.81
2023 4.62
2022 8.13
2021 6.14
2020 7.12
2019 5.28
2018 8.39

About Enbridge Financial Statements

Enbridge stakeholders use historical fundamental indicators, such as Enbridge's Net Debt To E B I T D A, 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 ReportedProjected for Next Year
Net Debt To EBITDA 4.62  4.81 

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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 Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
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. If investors know Enbridge will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Enbridge listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.271
Dividend Share
3.625
Earnings Share
2.09
Revenue Per Share
22.673
Quarterly Revenue Growth
0.512
The market value of Enbridge is measured differently than its book value, which is the value of Enbridge that is recorded on the company's balance sheet. Investors also form their own opinion of Enbridge's value that differs from its market value or its book value, called intrinsic value, which is Enbridge's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Enbridge's market value can be influenced by many factors that don't directly affect Enbridge's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Enbridge's value and its price as these two are different measures arrived at by different means. Investors typically determine if Enbridge is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Enbridge's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.