Enbridge Revenue vs. Return On Asset
| EBBNF Stock | USD 22.42 0.15 0.67% |
For Enbridge profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Enbridge to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Enbridge utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Enbridge's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Enbridge over time as well as its relative position and ranking within its peers.
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Enbridge Return On Asset vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Enbridge's current stock value. Our valuation model uses many indicators to compare Enbridge value to that of its competitors to determine the firm's financial worth. Enbridge is rated as one of the top companies in revenue category among its peers. It also is one of the top stocks in return on asset category among its peers . The ratio of Revenue to Return On Asset for Enbridge is about 1,765,198,675,497 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Enbridge's earnings, one of the primary drivers of an investment's value.Enbridge Revenue vs. Competition
Enbridge is rated as one of the top companies in revenue category among its peers. Market size based on revenue of Oil & Gas Midstream industry is currently estimated at about 158.61 Billion. Enbridge totals roughly 53.31 Billion in revenue claiming about 34% of all equities under Oil & Gas Midstream industry.
Enbridge Return On Asset vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
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| = | 53.31 B |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
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.
Enbridge |
| = | 0.0302 |
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.
Enbridge Return On Asset Comparison
Enbridge is currently under evaluation in return on asset category among its peers.
Enbridge Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Enbridge, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Enbridge will eventually generate negative long term returns. The profitability progress is the general direction of Enbridge's change in net profit over the period of time. It can combine multiple indicators of Enbridge, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
The company operates through five segments Liquids Pipelines, Gas Transmission and Midstream, Gas Distribution and Storage, Renewable Power Generation, and Energy Services. Enbridge Inc. was founded in 1949 and is headquartered in Calgary, Canada. Enbridge operates under Oil Gas Midstream classification in the United States and is traded on OTC Exchange. It employs 10900 people.
Enbridge Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Enbridge. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Enbridge position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Enbridge's important profitability drivers and their relationship over time.
Learn to be your own money manager
Our tools can tell you how much better you can do entering a position in Enbridge without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Use Investing Themes to Complement your Enbridge position
In addition to having Enbridge in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Additional Information and Resources on Investing in Enbridge Pink Sheet
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 Investing Opportunities. For more detail on how to invest in Enbridge Pink Sheet please use our How to Invest in Enbridge guide.You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
To fully project Enbridge's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Enbridge at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Enbridge's income statement, its balance sheet, and the statement of cash flows.