EnLink Midstream LLC (0E41) - Net Assets
Based on the latest financial reports, EnLink Midstream LLC (0E41) has net assets worth €1.80 Billion EUR as of September 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€7.88 Billion) and total liabilities (€6.08 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €1.80 Billion |
| % of Total Assets | 22.85% |
| Annual Growth Rate | -9.42% |
| 5-Year Change | -30.77% |
| 10-Year Change | N/A |
| Growth Volatility | 8.56 |
EnLink Midstream LLC - Net Assets Trend (2016–2023)
This chart illustrates how EnLink Midstream LLC's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for EnLink Midstream LLC (2016–2023)
The table below shows the annual net assets of EnLink Midstream LLC from 2016 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | €2.64 Billion | -9.53% |
| 2022-12-31 | €2.91 Billion | -2.49% |
| 2021-12-31 | €2.99 Billion | -7.03% |
| 2020-12-31 | €3.21 Billion | -15.58% |
| 2019-12-31 | €3.81 Billion | -23.48% |
| 2018-12-31 | €4.97 Billion | -10.48% |
| 2017-12-31 | €5.56 Billion | +5.53% |
| 2016-12-31 | €5.27 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to EnLink Midstream LLC's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Total Equity | €0.00 | 100.00% |
EnLink Midstream LLC Competitors by Market Cap
The table below lists competitors of EnLink Midstream LLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Century Aluminum Company
NASDAQ:CENX
|
$6.16 Billion |
|
Liberty Live Holdings, Inc. Series C Liberty Live Group Common Stock
NASDAQ:LLYVK
|
$6.16 Billion |
|
Brinker International Inc
NYSE:EAT
|
$6.16 Billion |
|
Sealed Air Corporation
NYSE:SEE
|
$6.16 Billion |
|
Pandora A/S
CO:PNDORA
|
$6.15 Billion |
|
VZ Holding AG
SW:VZN
|
$6.14 Billion |
|
BOC Aviation Limited
F:8BO
|
$6.14 Billion |
|
Li Ning Company Limited
F:LNLB
|
$6.13 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in EnLink Midstream LLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 0 to 0, a change of 0.
- Net income of 206,200,000 contributed positively to equity growth.
- Dividend payments of 232,600,000 reduced retained earnings.
- Share repurchases of 243,300,000 reduced equity.
- Other factors increased equity by 269,700,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €206.20 Million | +0.0% |
| Dividends Paid | €232.60 Million | -0.0% |
| Share Repurchases | €243.30 Million | -0.0% |
| Other Changes | €269.70 Million | +0.0% |
| Total Change | €- | % |
Book Value vs Market Value Analysis
This analysis compares EnLink Midstream LLC's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €10.64 | €92.50 | x |
| 2018-12-31 | €9.54 | €92.50 | x |
| 2019-12-31 | €4.36 | €92.50 | x |
| 2020-12-31 | €3.05 | €92.50 | x |
| 2021-12-31 | €2.73 | €92.50 | x |
| 2022-12-31 | €0.00 | €92.50 | x |
| 2023-12-31 | €0.00 | €92.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently EnLink Midstream LLC utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.00%
- • Asset Turnover: 0.83x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-11.67%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -24.46% | -10.79% | 0.41x | 5.46x | €-648.09 Million |
| 2017 | 11.07% | 3.70% | 0.55x | 5.48x | €20.58 Million |
| 2018 | -0.76% | -0.17% | 0.72x | 6.19x | €-186.09 Million |
| 2019 | -52.69% | -18.54% | 0.65x | 4.39x | €-1.33 Billion |
| 2020 | -28.22% | -10.82% | 0.46x | 5.73x | €-570.85 Million |
| 2021 | 1.69% | 0.33% | 0.81x | 6.41x | €-110.04 Million |
| 2022 | 0.00% | 3.79% | 1.10x | 0.00x | €361.30 Million |
| 2023 | 0.00% | 3.00% | 0.83x | 0.00x | €206.20 Million |
Industry Comparison
This section compares EnLink Midstream LLC's net assets metrics with peer companies in the Oil & Gas Midstream industry.
Industry Context
- Industry: Oil & Gas Midstream
- Average net assets among peers: $5,039,869,873
- Average return on equity (ROE) among peers: -48.36%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| EnLink Midstream LLC (0E41) | €1.80 Billion | -24.46% | 3.38x | $6.16 Billion |
| HENGYANG PETROCHEM (5HY.SG) (5HY) | $549.04 Million | -4.15% | 0.00x | $14.27 Million |
| ALTAGAS LTD PRF.G CD25 (AQ30) | $7.60 Billion | 3.72% | 1.84x | $1.79K |
| D0X (D0X) | $3.44 Million | -379.19% | 0.94x | $63.65 Million |
| Byhmgard AB (publ) (EF8) | $118.01 Million | -25.24% | 0.03x | $12.89 Million |
| COSCO SHIPPING Energy Transportation Co. Ltd (HIFH) | $22.21 Billion | -10.35% | 1.65x | $2.86 Billion |
| MARATHON RESOURCES (LVT) | $10.79 Million | -49.75% | 0.07x | $75.04 Million |
| Sinopec Kantons Holdings Limited (SAK) | $12.50 Billion | 8.14% | 0.46x | $1.13 Billion |
| Royal Vopak N.V (VPK5) | $2.16 Billion | 13.06% | 1.54x | $4.35 Billion |
| AB Klaipedos nafta (XIC) | $200.34 Million | 8.50% | 0.50x | $130.27 Million |
About EnLink Midstream LLC
EnLink Midstream, LLC provides midstream energy services in the United States. The company operates through Permian, Louisiana, Oklahoma, North Texas, and Corporate segments. It is involved in gathering, compressing, treating, processing, transporting, storing, and selling natural gas; fractionating, transporting, storing, and selling natural gas liquids; and gathering, transporting, stabilizing,… Read more