ENBMF
Enbridge Inc., together with its subsidiaries, operates as an energy infrastructure company. The company operates through four segments: Liquids Pipelines, Gas Transmission, Gas Distribution and Storage, and Renewable Power Generation. The Liquids Pipelines segment operates pipelines and related terminals to transport, store, and export various grades of crude oil and other liquid hydrocarbons in… Read more
ENBMF (ENBMF) - Net Assets
Latest net assets as of September 2025: $68.08 Billion USD
Based on the latest financial reports, ENBMF (ENBMF) has net assets worth $68.08 Billion USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($216.97 Billion) and total liabilities ($148.90 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 | $68.08 Billion |
| % of Total Assets | 31.38% |
| Annual Growth Rate | 1.71% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 3.15 |
ENBMF - Net Assets Trend (2020–2024)
This chart illustrates how ENBMF's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for ENBMF (2020–2024)
The table below shows the annual net assets of ENBMF from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-09-30 | $68.89 Billion | +6.84% |
| 2023-09-30 | $64.48 Billion | +1.71% |
| 2022-09-30 | $63.40 Billion | +0.05% |
| 2021-09-30 | $63.37 Billion | -1.55% |
| 2020-09-30 | $64.36 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to ENBMF'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 1005100000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (September 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $85.95 Billion | 130.42% |
| Total Equity | $65.90 Billion | 100.00% |
ENBMF Competitors by Market Cap
The table below lists competitors of ENBMF ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Deutsche Boerse AG
LSE:0H3T
|
$30.41 Billion |
|
KKR & Co. Inc.
PINK:KKRDP
|
$30.45 Billion |
|
Assicurazioni Generali S.p.A
PINK:ARZGF
|
$30.45 Billion |
|
VICI Properties Inc
NYSE:VICI
|
$30.46 Billion |
|
Cboe Global Markets Inc
BATS:CBOE
|
$30.38 Billion |
|
ESSILORLUXOTTICA 1/2/O.N.
F:ESLC
|
$30.35 Billion |
|
Atmos Energy Corporation
NYSE:ATO
|
$30.35 Billion |
|
United Airlines Holdings Inc
NASDAQ:UAL
|
$30.25 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ENBMF's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 61,454,000,000 to 65,900,000,000, a change of 4,446,000,000 (7.2%).
- Net income of 5,441,000,000 contributed positively to equity growth.
- Dividend payments of 8,262,000,000 reduced retained earnings.
- New share issuances of 2,485,000,000 increased equity.
- Other factors increased equity by 4,782,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $5.44 Billion | +8.26% |
| Dividends Paid | $8.26 Billion | -12.54% |
| Share Issuances | $2.48 Billion | +3.77% |
| Other Changes | $4.78 Billion | +7.26% |
| Total Change | $- | 7.23% |
Book Value vs Market Value Analysis
This analysis compares ENBMF'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
- Current price-to-book ratio: 0.46x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-09-30 | $30.29 | $13.95 | x |
| 2021-09-30 | $30.02 | $13.95 | x |
| 2022-09-30 | $29.57 | $13.95 | x |
| 2023-09-30 | $28.91 | $13.95 | x |
| 2024-09-30 | $30.26 | $13.95 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ENBMF 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): 8.26%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.18%
- • Asset Turnover: 0.24x
- • Equity Multiplier: 3.32x
- Recent ROE (8.26%) is above the historical average (7.80%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 5.48% | 8.60% | 0.24x | 2.61x | $-2.77 Billion |
| 2021 | 10.17% | 13.15% | 0.28x | 2.78x | $106.40 Million |
| 2022 | 5.01% | 5.63% | 0.30x | 3.00x | $-2.99 Billion |
| 2023 | 10.07% | 14.18% | 0.24x | 2.93x | $45.60 Million |
| 2024 | 8.26% | 10.18% | 0.24x | 3.32x | $-1.15 Billion |
Industry Comparison
This section compares ENBMF's net assets metrics with peer companies in the Oil & Gas Midstream industry.
Industry Context
- Industry: Oil & Gas Midstream
- Average net assets among peers: $1,230,397,219
- Average return on equity (ROE) among peers: 2202.95%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ENBMF (ENBMF) | $68.08 Billion | 5.48% | 2.19x | $30.39 Billion |
| Antero Midstream Partners LP (AM) | $142.86 Million | 0.00% | 0.21x | $7.58 Billion |
| AltaGas Ltd (ATGFF) | $2.83 Billion | 7.11% | 1.57x | $8.06 Billion |
| ATGPF (ATGPF) | $7.86 Billion | 8.56% | 1.98x | $4.11 Billion |
| Avance Gas Holding Ltd (AVACF) | $603.79 Million | 27.09% | 0.91x | $7.70K |
| CBL International Limited Ordinary Shares (BANL) | $12.11 Million | 30.42% | 1.11x | $3.17 Million |
| BP Prudhoe Bay Royalty Trust (BPT) | $863.00K | 22418.66% | 0.16x | $2.99 Million |
| Brooge Holdings Ltd (BROG) | $78.49 Million | 16.31% | 4.83x | $32.39 Million |
| Brooge Energy Limited (BROGW) | $56.77 Million | -85.14% | 7.56x | $5.67K |
| Willow Biosciences Inc (CANSF) | $1.10 Million | -405.25% | 0.17x | $2.85 Million |
| Cool Company Ltd (CLCO) | $715.51 Million | 11.75% | 1.88x | $145.96 Million |