Enbridge Historical Cash Flow
| ENB Stock | CAD 62.85 1.58 2.45% |
Analysis of Enbridge cash flow over time is an excellent tool to project Enbridge future capital expenditures as well as to predict the amount of cash needed to cover cost of sales, R&D expenses or production expansions. Investors should almost always look for trends in cash flow indicators such as Free Cash Flow of 11.3 B or Change In Working Capital of 2.8 B as it is a great indicator of Enbridge ability to facilitate future growth, repay debt on time or pay out dividends.
Financial Statement Analysis is much more than just reviewing and examining Enbridge latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Enbridge is a good buy for the upcoming year.
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About Enbridge Cash Flow Analysis
The Cash Flow Statement is a financial statement that shows how changes in Enbridge balance sheet and income statement accounts affect cash and cash equivalents. It breaks the analysis down to operating, investing, and financing activities. One of the most critical aspects of the cash flow statement is liquidity, which is the degree to which Enbridge's non-liquid assets can be easily converted into cash.
Enbridge Cash Flow Chart
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Begin Period Cash Flow
The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.Dividends Paid
The total amount of dividends that a company has paid out to its shareholders over a specific period.Capital Expenditures
Capital Expenditures are funds used by Enbridge to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Enbridge operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.Most accounts from Enbridge's cash flow statement are interrelated and interconnected. However, analyzing cash flow statement accounts one by one will only give a small insight into Enbridge current financial condition. On the other hand, looking into the entire matrix of cash flow statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enbridge. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in Enbridge Stock, please use our How to Invest in Enbridge guide.At this time, Enbridge's Dividends Paid is very stable compared to the past year. As of the 1st of February 2025, Total Cash From Operating Activities is likely to grow to about 17.1 B, though Sale Purchase Of Stock is likely to grow to (136.6 M).
| 2022 | 2023 | 2024 | 2025 (projected) | Capital Expenditures | 4.8B | 4.9B | 5.6B | 3.5B | Dividends Paid | 7.3B | 7.6B | 8.8B | 9.2B |
Enbridge cash flow statement Correlations
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Enbridge Account Relationship Matchups
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High Negative Relationship
Enbridge cash flow statement Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Sale Purchase Of Stock | 7.0B | (415M) | (1.2B) | (125M) | (143.8M) | (136.6M) | |
| Change To Inventory | (254M) | (118M) | (599M) | 763M | 686.7M | 721.0M | |
| Change In Cash | (186M) | (170M) | 587M | 5.1B | 5.8B | 6.1B | |
| Free Cash Flow | 4.2B | 1.2B | 6.4B | 9.3B | 10.7B | 11.3B | |
| Change In Working Capital | 93M | (1.6B) | (12M) | 2.3B | 2.7B | 2.8B | |
| Begin Period Cash Flow | 676M | 490M | 320M | 907M | 1.0B | 1.1B | |
| Other Cashflows From Financing Activities | (367M) | (773M) | (1.6B) | (437M) | (393.3M) | (373.6M) | |
| Depreciation | 3.7B | 3.9B | 4.3B | 4.6B | 5.3B | 5.6B | |
| Other Non Cash Items | 268M | 77M | 2.8B | (201M) | (231.2M) | (219.6M) | |
| Dividends Paid | 6.9B | 7.1B | 7.3B | 7.6B | 8.8B | 9.2B | |
| Capital Expenditures | 5.6B | 8.1B | 4.8B | 4.9B | 5.6B | 3.5B | |
| Total Cash From Operating Activities | 9.8B | 9.3B | 11.2B | 14.2B | 16.3B | 17.1B | |
| Net Income | 3.4B | 6.3B | 2.9B | 6.1B | 7.0B | 7.3B | |
| Total Cash From Financing Activities | (4.8B) | 1.2B | (5.4B) | (2.9B) | (2.6B) | (2.4B) | |
| End Period Cash Flow | 490M | 320M | 907M | 6.0B | 6.9B | 7.2B | |
| Change To Account Receivables | 1.6B | (1.3B) | (950M) | 1.1B | 1.3B | 1.4B | |
| Stock Based Compensation | 145M | 157M | 260M | 154M | 177.1M | 153.8M | |
| Investments | (5.2B) | (107M) | (5.3B) | (5.6B) | (5.1B) | (5.3B) | |
| Net Borrowings | 2.2B | 2.5B | 9.1B | 2.5B | 2.2B | 2.6B | |
| Total Cashflows From Investing Activities | (4.7B) | (5.2B) | (10.7B) | (5.3B) | (6.1B) | (6.4B) | |
| Change To Operating Activities | 267M | (438M) | (221M) | 421M | 484.2M | 508.4M | |
| Other Cashflows From Investing Activities | (334M) | (16M) | 65M | (449M) | (404.1M) | (383.9M) | |
| Change To Netincome | 561M | 2.6B | 831M | 3.9B | 4.5B | 4.7B | |
| Change To Liabilities | 39M | (769M) | (11M) | 1.1B | 1.3B | 1.3B |
Pair Trading with Enbridge
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Enbridge position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Enbridge will appreciate offsetting losses from the drop in the long position's value.Moving together with Enbridge Stock
| 0.76 | ENB-PFV | Enbridge Pref 5 Earnings Call This Week | PairCorr |
| 0.85 | ENB-PFC | Enbridge Pref 11 Earnings Call This Week | PairCorr |
| 0.89 | ENB-PFU | Enbridge Pref L Earnings Call This Week | PairCorr |
| 0.97 | ENS | E Split Corp | PairCorr |
| 0.86 | ENS-PA | E Split Corp | PairCorr |
Moving against Enbridge Stock
The ability to find closely correlated positions to Enbridge could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Enbridge when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Enbridge - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Enbridge to buy it.
The correlation of Enbridge is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Enbridge moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Enbridge moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Enbridge can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enbridge. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in Enbridge Stock, please use our How to Invest in Enbridge guide.You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.