Enlink Midstream Llc Stock Total Asset

ENLC Stock  USD 16.01  0.16  1.01%   
EnLink Midstream LLC fundamentals help investors to digest information that contributes to EnLink Midstream's financial success or failures. It also enables traders to predict the movement of EnLink Stock. The fundamental analysis module provides a way to measure EnLink Midstream's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to EnLink Midstream stock.
Last ReportedProjected for Next Year
Total Assets8.3 B5.5 B
Intangibles To Total Assets 0.10  0.09 
As of November 29, 2024, Total Assets is expected to decline to about 5.5 B. In addition to that, Intangibles To Total Assets is expected to decline to 0.09.
  
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EnLink Midstream LLC Company Total Asset Analysis

EnLink Midstream's Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.

Total Asset

 = 

Tangible Assets

+

Intangible Assets

More About Total Asset | All Equity Analysis

Current EnLink Midstream Total Asset

    
  8.33 B  
Most of EnLink Midstream's fundamental indicators, such as Total Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, EnLink Midstream LLC is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

EnLink Total Asset Driver Correlations

Understanding the fundamental principles of building solid financial models for EnLink Midstream is extremely important. It helps to project a fair market value of EnLink Stock properly, considering its historical fundamentals such as Total Asset. Since EnLink Midstream's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of EnLink Midstream's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of EnLink Midstream's interrelated accounts and indicators.
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EnLink Total Asset Historical Pattern

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 drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's total asset growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of EnLink Midstream total asset as a starting point in their analysis.
   EnLink Midstream Total Asset   
       Timeline  
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
Competition

EnLink Total Assets

Total Assets

5.55 Billion

At present, EnLink Midstream's Total Assets are projected to increase significantly based on the last few years of reporting.
Based on the latest financial disclosure, EnLink Midstream LLC has a Total Asset of 8.33 B. This is 76.55% lower than that of the Oil, Gas & Consumable Fuels sector and 60.04% lower than that of the Energy industry. The total asset for all United States stocks is 71.73% higher than that of the company.

EnLink Total Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses EnLink Midstream's direct or indirect competition against its Total Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of EnLink Midstream could also be used in its relative valuation, which is a method of valuing EnLink Midstream by comparing valuation metrics of similar companies.
EnLink Midstream is currently under evaluation in total asset category among its peers.

EnLink Midstream ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, EnLink Midstream's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to EnLink Midstream's managers, analysts, and investors.
Environmental
Governance
Social

EnLink Midstream Institutional Holders

Institutional Holdings refers to the ownership stake in EnLink Midstream that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of EnLink Midstream's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing EnLink Midstream's value.
Shares
Arrowstreet Capital Limited Partnership2024-06-30
4.4 M
Brookfield Corp2024-09-30
3.6 M
Swank Energy Income Advisors, Lp2024-09-30
3.3 M
Blackstone Inc2024-09-30
3.2 M
Blackrock Inc2024-06-30
3.2 M
Balyasny Asset Management Llc2024-09-30
3.2 M
Hennessy Advisors, Inc.2024-09-30
2.8 M
Eagle Global Advisors, Llc2024-09-30
2.8 M
Miller Howard Investments Inc2024-09-30
2.3 M
Alps Advisors Inc2024-09-30
46.9 M
Amvescap Plc.2024-06-30
24.2 M

EnLink Fundamentals

About EnLink Midstream Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze EnLink Midstream LLC's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of EnLink Midstream using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of EnLink Midstream LLC based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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When determining whether EnLink Midstream LLC offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of EnLink Midstream's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Enlink Midstream Llc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Enlink Midstream Llc Stock:
Check out EnLink Midstream Piotroski F Score and EnLink Midstream Altman Z Score analysis.
You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Is Oil & Gas Storage & Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of EnLink Midstream. If investors know EnLink will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about EnLink Midstream listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.49)
Dividend Share
0.53
Earnings Share
0.22
Revenue Per Share
14.633
Quarterly Revenue Growth
(0.09)
The market value of EnLink Midstream LLC is measured differently than its book value, which is the value of EnLink that is recorded on the company's balance sheet. Investors also form their own opinion of EnLink Midstream's value that differs from its market value or its book value, called intrinsic value, which is EnLink Midstream's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because EnLink Midstream's market value can be influenced by many factors that don't directly affect EnLink Midstream's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between EnLink Midstream's value and its price as these two are different measures arrived at by different means. Investors typically determine if EnLink Midstream is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EnLink Midstream's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.