EnLink Midstream Financials

ENLC Stock  USD 15.85  0.06  0.38%   
Based on the analysis of EnLink Midstream's profitability, liquidity, and operating efficiency, EnLink Midstream LLC is performing exceptionally good at this time. It has a great risk to report excellent financial results in December. At present, EnLink Midstream's Non Currrent Assets Other are projected to increase significantly based on the last few years of reporting. The current year's Common Stock Shares Outstanding is expected to grow to about 489.3 M, whereas Total Assets are forecasted to decline to about 5.5 B. Key indicators impacting EnLink Midstream's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio1.651.7339
Notably Down
Slightly volatile
Current Ratio1.050.8437
Fairly Up
Very volatile
Investors should never underestimate EnLink Midstream's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor EnLink Midstream's cash flow, debt, and profitability to make informed and accurate decisions about investing in EnLink Midstream LLC.

Net Income

216.51 Million

  
Understanding current and past EnLink Midstream Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of EnLink Midstream's financial statements are interrelated, with each one affecting the others. For example, an increase in EnLink Midstream's assets may result in an increase in income on the income statement.
Please note, the presentation of EnLink Midstream's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, EnLink Midstream's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of EnLink Midstream's management manipulating its earnings.

EnLink Midstream Stock Summary

EnLink Midstream competes with Plains All, Hess Midstream, Western Midstream, Plains GP, and Antero Midstream. EnLink Midstream, LLC provides midstream energy services in the United States. The company was incorporated in 2013 and is based in Dallas, Texas. EnLink Midstream operates under Oil Gas Midstream classification in the United States and is traded on New York Stock Exchange. It employs 1073 people.
Specialization
Energy, Oil & Gas Midstream
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS29336T1007
CUSIP29336T100 22765Y104
LocationTexas; U.S.A
Business Address1722 Routh Street,
SectorOil, Gas & Consumable Fuels
IndustryEnergy
BenchmarkDow Jones Industrial
Websitewww.enlink.com
Phone214 953 9500
CurrencyUSD - US Dollar

EnLink Midstream Key Financial Ratios

EnLink Midstream Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets9.3B8.6B8.5B8.7B8.3B5.5B
Other Assets52.1M122M36.7M31.3M28.2M46.1M
Total Liab5.5B5.3B5.5B5.7B5.7B3.2B
Other Current Liab55.2M427.3M712.9M690.3M707.7M743.1M
Net Debt4.7B4.6B4.4B4.7B4.6B2.5B
Accounts Payable71.7M60.5M139.6M126.9M126.5M132.8M
Cash77.4M39.6M26.2M22.6M28.7M29.4M
Net Receivables496.3M528.1M788.2M725.2M667.3M491.6M
Inventory43.4M44.9M49.4M147.1M46.4M34.7M
Other Current Assets27.3M38.8M56.6M87.9M95.9M100.7M
Total Current Assets644.4M651.4M920.4M982.8M838.3M593.9M
Short Term Debt21.1M373.7M18.1M26.2M126.1M132.4M
Intangible Assets1.2B1.1B1.0B921.2M793.6M796.0M
Common Stock2.1B1.5B1.3B1.3B1.0B936.4M
Other Liab24.4M134.6M166.5M73.2M65.9M62.6M
Net Tangible Assets695.2M368.1M253M385.2M443.0M465.1M
Long Term Debt4.8B4.2B4.4B4.7B4.5B4.2B
Long Term Debt Total4.8B4.2B4.4B4.7B5.4B4.2B

EnLink Midstream Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense216M223.3M215.2M238.1M271.7M285.3M
Total Revenue6.1B3.9B6.7B9.5B6.9B4.1B
Gross Profit1.0B866.7M888.5M1.3B1.4B1.4B
Operating Income991.2M90.6M(190.4M)64.6M692.8M727.4M
Ebit991.2M389.6M417.8M680.2M680M714M
Ebitda1.6B1.0B1.0B1.3B1.3B1.4B
Cost Of Revenue5.0B3.0B5.8B8.2B5.5B3.6B
Income Before Tax(992.7M)(172.4M)168.3M405.8M412.8M433.4M
Net Income(999.6M)(315.6M)142.9M500.7M206.2M216.5M
Income Tax Expense6.9M143.2M25.4M(94.9M)62.8M65.9M
Non Recurring1.1B371.6M(700K)18M16.2M15.4M
Minority Interest119.7M105.9M120.5M(139.4M)(143.8M)(151.0M)
Tax Provision6.9M143.2M25.4M(94.9M)62.8M65.9M
Interest Income0.02.9M1.4M500K1M950K
Net Interest Income(216M)(223.3M)(220.4M)(245M)(276.2M)(290.0M)

EnLink Midstream Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash(23M)(37.8M)(13.4M)(3.6M)6.1M5.8M
Free Cash Flow237M428.9M673.3M716.8M777M815.9M
Depreciation617M638.6M607.5M639.4M657.1M690.0M
Other Non Cash Items1.2B348.8M2.2M25.7M50.1M47.6M
Capital Expenditures754.9M302.2M184M332.5M445.7M433.6M
Net Income(999.6M)(315.6M)142.9M500.7M350M367.5M
End Period Cash Flow77.4M39.6M26.2M22.6M28.7M31.0M
Dividends Paid467.2M232.7M186.8M221.4M236.2M131.8M
Change To Inventory13.6M15.1M(13.6M)(115M)97M101.9M
Investments3.7M500K3.9M(65.9M)(599.4M)(569.4M)
Change Receivables337.1M(21.5M)(259.9M)102.4M117.8M123.6M
Net Borrowings328.6M(143.7M)(235.3M)348.1M313.3M245.7M
Change To Netincome1.2B525.6M68.8M(77.7M)(69.9M)(66.4M)

EnLink Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining EnLink Midstream's current stock value. Our valuation model uses many indicators to compare EnLink Midstream value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across EnLink Midstream competition to find correlations between indicators driving EnLink Midstream's intrinsic value. More Info.
EnLink Midstream LLC is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about  0.45  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for EnLink Midstream LLC is roughly  2.22 . At present, EnLink Midstream's Return On Equity is projected to increase slightly based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the EnLink Midstream's earnings, one of the primary drivers of an investment's value.

EnLink Midstream LLC Systematic Risk

EnLink Midstream's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. EnLink Midstream volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on EnLink Midstream LLC correlated with the market. If Beta is less than 0 EnLink Midstream generally moves in the opposite direction as compared to the market. If EnLink Midstream Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one EnLink Midstream LLC is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of EnLink Midstream is generally in the same direction as the market. If Beta > 1 EnLink Midstream moves generally in the same direction as, but more than the movement of the benchmark.

EnLink Midstream Thematic Clasifications

EnLink Midstream LLC is part of Utilities investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Utilities industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
UtilitiesView
This theme covers USA Equities from Utilities industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
Today, most investors in EnLink Midstream Stock are looking for potential investment opportunities by analyzing not only static indicators but also various EnLink Midstream's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of EnLink Midstream growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.45)

At present, EnLink Midstream's Price Earnings To Growth Ratio is projected to slightly decrease based on the last few years of reporting.

EnLink Midstream November 29, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of EnLink Midstream help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of EnLink Midstream LLC. We use our internally-developed statistical techniques to arrive at the intrinsic value of EnLink Midstream LLC based on widely used predictive technical indicators. In general, we focus on analyzing EnLink Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build EnLink Midstream's daily price indicators and compare them against related drivers.

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When running EnLink Midstream's price analysis, check to measure EnLink Midstream's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy EnLink Midstream is operating at the current time. Most of EnLink Midstream's value examination focuses on studying past and present price action to predict the probability of EnLink Midstream's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EnLink Midstream's price. Additionally, you may evaluate how the addition of EnLink Midstream to your portfolios can decrease your overall portfolio volatility.
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