EnLink Debt To Assets from 2010 to 2024

ENLC Stock  USD 15.75  0.08  0.51%   
EnLink Midstream's Debt To Assets are increasing over the years with slightly volatile fluctuation. Debt To Assets are expected to dwindle to 0.32. During the period from 2010 to 2024 EnLink Midstream Debt To Assets annual values regression line had geometric mean of  0.38 and mean square error of  0.01. View All Fundamentals
 
Debt To Assets  
First Reported
2010-12-31
Previous Quarter
0.54857959
Current Value
0.32
Quarterly Volatility
0.11803549
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check EnLink Midstream financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among EnLink Midstream's main balance sheet or income statement drivers, such as Depreciation And Amortization of 690 M, Interest Expense of 285.3 M or Total Revenue of 4.1 B, as well as many indicators such as Price To Sales Ratio of 0.86, Dividend Yield of 0.04 or PTB Ratio of 3.51. EnLink financial statements analysis is a perfect complement when working with EnLink Midstream Valuation or Volatility modules.
  
Check out the analysis of EnLink Midstream Correlation against competitors.

Latest EnLink Midstream's Debt To Assets Growth Pattern

Below is the plot of the Debt To Assets of EnLink Midstream LLC over the last few years. It is EnLink Midstream's Debt To Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in EnLink Midstream's overall financial position and show how it may be relating to other accounts over time.
Debt To Assets10 Years Trend
Slightly volatile
   Debt To Assets   
       Timeline  

EnLink Debt To Assets Regression Statistics

Arithmetic Mean0.40
Geometric Mean0.38
Coefficient Of Variation29.38
Mean Deviation0.1
Median0.41
Standard Deviation0.12
Sample Variance0.01
Range0.356
R-Value0.56
Mean Square Error0.01
R-Squared0.32
Significance0.03
Slope0.01
Total Sum of Squares0.20

EnLink Debt To Assets History

2022 0.55
2020 0.54
2019 0.51
2017 0.34
2015 0.32
2014 0.2

About EnLink Midstream Financial Statements

EnLink Midstream stakeholders use historical fundamental indicators, such as EnLink Midstream's Debt To Assets, to determine how well the company is positioned to perform in the future. Although EnLink Midstream investors may analyze each financial statement separately, they are all interrelated. For example, changes in EnLink Midstream's assets and liabilities are reflected in the revenues and expenses on EnLink Midstream'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 EnLink Midstream LLC. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Debt To Assets 0.55  0.32 

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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 EnLink Midstream LLC offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of EnLink Midstream'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 Enlink Midstream Llc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Enlink Midstream Llc Stock:
Check out the analysis of EnLink Midstream Correlation against competitors.
You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
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 EnLink Midstream. If investors know EnLink 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 EnLink Midstream 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
(0.49)
Dividend Share
0.53
Earnings Share
0.22
Revenue Per Share
14.633
Quarterly Revenue Growth
(0.09)
The market value of EnLink Midstream LLC is measured differently than its book value, which is the value of EnLink that is recorded on the company's balance sheet. Investors also form their own opinion of EnLink Midstream's value that differs from its market value or its book value, called intrinsic value, which is EnLink Midstream'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 EnLink Midstream's market value can be influenced by many factors that don't directly affect EnLink Midstream'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 EnLink Midstream's value and its price as these two are different measures arrived at by different means. Investors typically determine if EnLink Midstream is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EnLink Midstream'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.