Debt to Equity Ratio Analysis of Enbridge Inc. 6.375% NT - Deep Dive
Latest FY Debt to Equity
Period Ending - Dec-22
Excellent Debt to Equity
0.0333
Period Ending - Dec-21
Excellent Debt to Equity
0.0249
Growth
33.81 %
Most recent Quarter Debt to Equity
Period Ending - Mar-23
Excellent Debt to Equity
0.0333
Debt to Equity Analysis of Enbridge Inc. 6.375% NT
Debt to Equity Ratio 0.0333 of Enbridge Inc. 6.375% NT indicates to run a business company uses lower amount of long-term debt. |
Debt to Equity Ratio of ENBA rose handsomely by 33.81 % this year. |
Debt to Equity Ratio with value of 0.917 was highest in Year Dec-19 in last Five Years. |
Debt to Equity Ratio with value of 0.0183 was lowest in Year Dec-20 in last Five Years. |
Latest Debt to Equity Ratio with value of 0.0333 is lower than Average Debt to Equity of 0.382 in last five years. |
Other Debt to Equity 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 Equity Ratio
Debt to Equity Ratio shows the relationship between the company's total debt and total shareholders fund. And it indicates the ability of a company's shareholders' equity to pay its debt obligations in a tough time. more ..![Debt to Equity Ratio Formula Debt to Equity Ratio Formula](https://my.stockaio.com/help/template/FinDef/SolvencyRatios/DebtToEquity.jpg)
Debt to Equity Related Ratios
ShortTermDebtToEquityRatio | DividendCoverageRatio | CurrentRatio |
Tsr Stability Index
Good Stability |
FY - Historical Debt to Equity Ratio of Enbridge Inc. 6.375% NT
Period | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 | Dec-16 |
---|---|---|---|---|---|---|---|
Debt to Equity | 0.0333 | 0.0249 | 0.0183 | 0.917 | 0.915 | 1.10 | 1.72 |
Change | 33.81 % | 36.35 % | -98.01 % | 0.182 % | -16.51 % | -36.36 % | -19.31 % |
FY Chart of Debt to Equity Ratio of Enbridge Inc. 6.375% NT
Note : All Data Generated at the End of Trading Hours (EOD Data)