Debt to EBITDA ratio Analysis of Enbridge Inc. 6.375% NT - Deep Dive
Debt to EBITDA of ENBA
Dec-220.166Excellent Debt to EBITDA | Dec-210.170Excellent Debt to EBITDA | Growth-2.31% |
Debt to EBITDA Analysis of Enbridge Inc. 6.375% NT
Debt to EBITDA Ratio 0.166 of Enbridge Inc. 6.375% NT shows that the company is financially strong and has enough profit to pay off its debt. |
Debt to EBITDA Ratio of ENBA has fallen by -2.31 % Compared to previous Financial Year. |
Debt to EBITDA Ratio with value of 8.17 was highest in Year Dec-19 in last Five Years. |
Debt to EBITDA Ratio with value of 0.105 was lowest in Year Dec-20 in last Five Years. |
Latest Debt to EBITDA Ratio with value of 0.166 is lower than Average Debt to EBITDA of 3.12 in last five years. |
Other Debt to EBITDA Related Info of ENBA that may interest you.
Enbridge Inc. 6.375% NT Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
ENBA | 25.4 | 25.4 | 0 % | Oil & Gas Related Equipment and Services |
Defination of Debt to EBITDA
The Debt to EBITDA Ratio is a solvency metric that measures the company's ability to meet its debt obligations by earnings before covering its interest, taxes, depreciation, and amortization. more ..![Debt to EBITDA Formula Debt to EBITDA Formula](https://my.stockaio.com/help/template/FinDef/SolvencyRatios/DebtToEBITDA.jpg)
Debt to EBITDA Related Ratios
CashFlowFromOperationToDebt | DebtToCapital | EVToEBITDA |
Tsr Stability Index
Good Stability |
FY - Historical Debt to EBITDA of Enbridge Inc. 6.375% NT
Period | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 | Dec-16 |
---|---|---|---|---|---|---|---|
Debt to EBITDA | 0.166 | 0.170 | 0.105 | 8.17 | 7.01 | 10.84 | 16.66 |
Change | -2.31 % | 61.89 % | -98.72 % | 16.50 % | -35.30 % | -34.97 % | -82.61 % |
FY Chart of Debt to EBITDA of Enbridge Inc. 6.375% NT
Note : All Data Generated at the End of Trading Hours (EOD Data)