Enlink Midstream Llc Stock Return On Asset

ENLC Stock  USD 15.60  0.15  0.95%   
EnLink Midstream LLC fundamentals help investors to digest information that contributes to EnLink Midstream's financial success or failures. It also enables traders to predict the movement of EnLink Stock. The fundamental analysis module provides a way to measure EnLink Midstream's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to EnLink Midstream stock.
The current year's Return On Assets is expected to grow to 0.03.
  
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EnLink Midstream LLC Company Return On Asset Analysis

EnLink Midstream's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.

Return On Asset

 = 

Net Income

Total Assets

More About Return On Asset | All Equity Analysis

Current EnLink Midstream Return On Asset

    
  0.0488  
Most of EnLink Midstream's fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, EnLink Midstream LLC is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

EnLink Return On Asset Driver Correlations

Understanding the fundamental principles of building solid financial models for EnLink Midstream is extremely important. It helps to project a fair market value of EnLink Stock properly, considering its historical fundamentals such as Return On Asset. Since EnLink Midstream's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of EnLink Midstream's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of EnLink Midstream's interrelated accounts and indicators.
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Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Competition

EnLink Total Assets

Total Assets

5.55 Billion

At present, EnLink Midstream's Total Assets are projected to increase significantly based on the last few years of reporting.
Based on the latest financial disclosure, EnLink Midstream LLC has a Return On Asset of 0.0488. This is 22.0% higher than that of the Oil, Gas & Consumable Fuels sector and 95.93% lower than that of the Energy industry. The return on asset for all United States stocks is 134.86% lower than that of the firm.

EnLink Return On Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses EnLink Midstream's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of EnLink Midstream could also be used in its relative valuation, which is a method of valuing EnLink Midstream by comparing valuation metrics of similar companies.
EnLink Midstream is currently under evaluation in return on asset category among its peers.

EnLink Midstream ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, EnLink Midstream's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to EnLink Midstream's managers, analysts, and investors.
Environmental
Governance
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EnLink Fundamentals

About EnLink Midstream Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze EnLink Midstream LLC's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of EnLink Midstream using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of EnLink Midstream LLC based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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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 EnLink Midstream Piotroski F Score and EnLink Midstream Altman Z Score analysis.
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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.