Enbridge Inc (ENB.TO)
46.67
+0.78
(+1.70%)
CAD |
TSX |
Apr 18, 16:00
Enbridge Debt to Equity Ratio: 1.321 for Dec. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| December 31, 2023 | 1.321 |
| September 30, 2023 | 1.191 |
| June 30, 2023 | 1.311 |
| March 31, 2023 | 1.310 |
| December 31, 2022 | 1.352 |
| September 30, 2022 | 1.268 |
| June 30, 2022 | 1.271 |
| March 31, 2022 | 1.239 |
| December 31, 2021 | 1.244 |
| September 30, 2021 | 1.142 |
| June 30, 2021 | 1.100 |
| March 31, 2021 | 1.075 |
| December 31, 2020 | 1.090 |
| September 30, 2020 | 1.036 |
| June 30, 2020 | 1.008 |
| March 31, 2020 | 0.9969 |
| December 31, 2019 | 0.9836 |
| September 30, 2019 | 0.9624 |
| June 30, 2019 | 0.9455 |
| March 31, 2019 | 0.9369 |
| December 31, 2018 | 0.93 |
| September 30, 2018 | 1.044 |
| June 30, 2018 | 1.058 |
| March 31, 2018 | 1.08 |
| December 31, 2017 | 1.121 |
| Date | Value |
|---|---|
| September 30, 2017 | 1.142 |
| June 30, 2017 | 1.136 |
| March 31, 2017 | 1.117 |
| December 31, 2016 | 1.915 |
| September 30, 2016 | 2.094 |
| June 30, 2016 | 2.003 |
| March 31, 2016 | 1.943 |
| December 31, 2015 | 2.240 |
| September 30, 2015 | 2.257 |
| June 30, 2015 | 2.157 |
| March 31, 2015 | 2.178 |
| December 31, 2014 | 2.143 |
| September 30, 2014 | 1.867 |
| June 30, 2014 | 2.032 |
| March 31, 2014 | 2.064 |
| December 31, 2013 | 1.918 |
| September 30, 2013 | 1.754 |
| June 30, 2013 | 1.729 |
| March 31, 2013 | 2.023 |
| December 31, 2012 | 2.139 |
| September 30, 2012 | 2.030 |
| June 30, 2012 | 2.093 |
| March 31, 2012 | 2.311 |
| December 31, 2011 | 2.710 |
| September 30, 2011 | 1.831 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
0.9455
Minimum
Jun 2019
1.352
Maximum
Dec 2022
1.150
Average
1.142
Median
Sep 2021
Debt to Equity Ratio Benchmarks
| Pembina Pipeline Corp | 0.6639 |
| TC Energy Corp | 2.139 |
| Gibson Energy Inc | 2.972 |
| Tidewater Midstream and Infrastructure Ltd | 2.302 |
| Topaz Energy Corp | 0.3149 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 180.32B |
| Total Liabilities (Quarterly) | 115.83B |
| Shareholders Equity (Quarterly) | 61.45B |
| Current Ratio | 0.8259 |
| Net Debt Paydown Yield | 0.20% |