Enbridge Pref Gross Profit vs. Shares Outstanding

ENB-PJ Preferred Stock  CAD 20.25  0.02  0.1%   
Considering the key profitability indicators obtained from Enbridge Pref's historical financial statements, Enbridge Pref 7 may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in January. Profitability indicators assess Enbridge Pref's ability to earn profits and add value for shareholders.
For Enbridge Pref profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Enbridge Pref to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Enbridge Pref 7 utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Enbridge Pref's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Enbridge Pref 7 over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Enbridge Pref's value and its price as these two are different measures arrived at by different means. Investors typically determine if Enbridge Pref is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Enbridge Pref'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.

Enbridge Pref 7 Shares Outstanding vs. Gross Profit Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Enbridge Pref's current stock value. Our valuation model uses many indicators to compare Enbridge Pref value to that of its competitors to determine the firm's financial worth.
Enbridge Pref 7 is one of the top stocks in gross profit category among its peers. It also is one of the top stocks in shares outstanding category among its peers creating about  0.08  of Shares Outstanding per Gross Profit. The ratio of Gross Profit to Shares Outstanding for Enbridge Pref 7 is roughly  12.02 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Enbridge Pref by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Enbridge Pref's Preferred Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.

Enbridge Shares Outstanding vs. Gross Profit

Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.

Enbridge Pref

Gross Profit

 = 

Revenue

-

Cost of Revenue

 = 
20.72 B
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.

Enbridge Pref

Shares Outstanding

 = 

Public Shares

-

Repurchased

 = 
1.72 B
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.

Enbridge Shares Outstanding Comparison

Enbridge Pref is currently under evaluation in shares outstanding category among its peers.

Enbridge Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Enbridge Pref. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Enbridge Pref position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Enbridge Pref's important profitability drivers and their relationship over time.

Learn to be your own money manager

Our tools can tell you how much better you can do entering a position in Enbridge Pref without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Sectors

List of equity sectors categorizing publicly traded companies based on their primary business activities
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Use Investing Themes to Complement your Enbridge Pref position

In addition to having Enbridge Pref in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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EUR Crypto Assets
EUR Crypto Assets Theme
An experimental p2p digital currency that is accepted by many vendors in Euro. The EUR Crypto Assets theme has 0 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize EUR Crypto Assets Theme or any other thematic opportunities.
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Other Information on Investing in Enbridge Preferred Stock

To fully project Enbridge Pref's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Enbridge Pref 7 at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Enbridge Pref's income statement, its balance sheet, and the statement of cash flows.
Potential Enbridge Pref investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Enbridge Pref investors may work on each financial statement separately, they are all related. The changes in Enbridge Pref's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Enbridge Pref's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.