EnLink Total Stockholder Equity vs Long Term Investments Analysis

ENLC Stock

USD 14.62 0.11 0.76%

EnLink Midstream financial indicator trend analysis is much more than just examining EnLink Midstream LLC latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether EnLink Midstream LLC is a good investment. Please check the relationship between EnLink Midstream Total Stockholder Equity and its Long Term Investments accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EnLink Midstream LLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Total Stockholder Equity vs Long Term Investments

Total Stockholder Equity vs Long Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of EnLink Midstream LLC Total Stockholder Equity account and Long Term Investments. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between EnLink Midstream's Total Stockholder Equity and Long Term Investments is -0.44. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Long Term Investments in the same time period over historical financial statements of EnLink Midstream LLC, assuming nothing else is changed. The correlation between historical values of EnLink Midstream's Total Stockholder Equity and Long Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of EnLink Midstream LLC are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Total Stockholder Equity i.e., EnLink Midstream's Total Stockholder Equity and Long Term Investments go up and down completely randomly.

Correlation Coefficient

-0.44

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Long Term Investments

Long Term Investments is an item on the asset side of EnLink Midstream balance sheet that represents investments EnLink Midstream LLC intends to hold for over a year. EnLink Midstream LLC long term investments may include different instruments such as stocks, bonds, real estate and cash.

Most indicators from EnLink Midstream's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into EnLink Midstream LLC current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EnLink Midstream LLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

At present, EnLink Midstream's Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.03, whereas Discontinued Operations is forecasted to decline to about 800 K.

	2021	2022	2023	2024 (projected)
Gross Profit	888.5M	1.3B	1.4B	1.4B
Total Revenue	6.7B	9.5B	6.9B	4.1B

Gross Profit Total Revenue

EnLink Midstream fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Property Plant And Equipment Net	Non Current Assets Total	Non Currrent Assets Other	Common Stock Shares Outstanding	Other Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Non Current Liabilities Total	Inventory	Other Current Assets	Total Current Assets	Short Term Debt
Total Assets		0.78	0.95	1.0	0.18	0.49	-0.48	0.74	0.89	0.61	0.82	0.54	0.79	-0.03	0.82	0.28	0.68	0.57	0.54	0.83	0.94	0.89	0.5	0.15	0.85	0.29
Total Stockholder Equity	0.78		0.75	0.78	0.07	0.66	-0.39	0.51	0.72	0.81	0.68	0.34	0.57	0.16	0.68	0.68	0.81	0.42	0.32	0.67	0.82	0.74	0.66	0.36	0.72	0.15
Property Plant And Equipment Net	0.95	0.75		0.94	0.15	0.68	-0.4	0.66	0.98	0.72	0.95	0.44	0.85	0.14	0.95	0.43	0.71	0.54	0.45	0.88	0.85	0.98	0.58	0.24	0.9	0.36
Non Current Assets Total	1.0	0.78	0.94		0.2	0.48	-0.48	0.75	0.88	0.6	0.81	0.53	0.77	-0.03	0.8	0.27	0.66	0.57	0.54	0.81	0.95	0.87	0.48	0.13	0.83	0.28
Non Currrent Assets Other	0.18	0.07	0.15	0.2		0.14	0.03	0.18	0.11	0.08	0.1	-0.26	0.11	0.45	0.1	0.04	0.11	0.35	0.25	0.03	0.25	0.11	-0.52	-0.74	-0.01	0.25
Common Stock Shares Outstanding	0.49	0.66	0.68	0.48	0.14		-0.1	0.1	0.74	0.89	0.81	-0.07	0.58	0.65	0.81	0.82	0.75	0.27	0.06	0.62	0.44	0.77	0.61	0.36	0.65	0.32
Other Assets	-0.48	-0.39	-0.4	-0.48	0.03	-0.1		-0.29	-0.38	-0.33	-0.3	-0.35	-0.28	0.0	-0.3	-0.01	-0.36	-0.12	-0.27	-0.35	-0.37	-0.38	-0.25	-0.08	-0.37	0.21
Other Stockholder Equity	0.74	0.51	0.66	0.75	0.18	0.1	-0.29		0.6	0.26	0.52	0.71	0.7	-0.31	0.52	0.1	0.31	0.54	0.48	0.59	0.64	0.56	0.13	-0.06	0.57	0.42
Total Liab	0.89	0.72	0.98	0.88	0.11	0.74	-0.38	0.6		0.79	0.99	0.42	0.89	0.21	0.98	0.53	0.74	0.48	0.41	0.9	0.76	1.0	0.62	0.31	0.92	0.4
Property Plant And Equipment Gross	0.61	0.81	0.72	0.6	0.08	0.89	-0.33	0.26	0.79		0.79	0.19	0.71	0.51	0.8	0.87	0.92	0.25	0.16	0.79	0.53	0.79	0.65	0.39	0.8	0.25
Short Long Term Debt Total	0.82	0.68	0.95	0.81	0.1	0.81	-0.3	0.52	0.99	0.79		0.31	0.86	0.3	1.0	0.58	0.71	0.49	0.31	0.86	0.69	0.99	0.64	0.34	0.88	0.44
Other Current Liab	0.54	0.34	0.44	0.53	-0.26	-0.07	-0.35	0.71	0.42	0.19	0.31		0.6	-0.66	0.31	0.01	0.32	0.24	0.54	0.55	0.38	0.37	0.35	0.34	0.58	0.09
Total Current Liabilities	0.79	0.57	0.85	0.77	0.11	0.58	-0.28	0.7	0.89	0.71	0.86	0.6		0.07	0.85	0.5	0.73	0.49	0.44	0.94	0.58	0.85	0.46	0.21	0.94	0.57
Current Deferred Revenue	-0.03	0.16	0.14	-0.03	0.45	0.65	0.0	-0.31	0.21	0.51	0.3	-0.66	0.07		0.3	0.52	0.32	-0.04	-0.25	0.1	-0.01	0.25	-0.07	-0.25	0.06	0.1
Net Debt	0.82	0.68	0.95	0.8	0.1	0.81	-0.3	0.52	0.98	0.8	1.0	0.31	0.85	0.3		0.58	0.71	0.48	0.31	0.86	0.69	0.99	0.64	0.34	0.88	0.43
Retained Earnings	0.28	0.68	0.43	0.27	0.04	0.82	-0.01	0.1	0.53	0.87	0.58	0.01	0.5	0.52	0.58		0.75	0.2	-0.01	0.52	0.24	0.54	0.58	0.43	0.56	0.34
Accounts Payable	0.68	0.81	0.71	0.66	0.11	0.75	-0.36	0.31	0.74	0.92	0.71	0.32	0.73	0.32	0.71	0.75		0.42	0.27	0.86	0.62	0.73	0.62	0.33	0.87	0.26
Cash	0.57	0.42	0.54	0.57	0.35	0.27	-0.12	0.54	0.48	0.25	0.49	0.24	0.49	-0.04	0.48	0.2	0.42		0.36	0.51	0.57	0.47	0.17	-0.06	0.51	0.54
Cash And Short Term Investments	0.54	0.32	0.45	0.54	0.25	0.06	-0.27	0.48	0.41	0.16	0.31	0.54	0.44	-0.25	0.31	-0.01	0.27	0.36		0.32	0.46	0.4	0.04	-0.13	0.42	0.17
Net Receivables	0.83	0.67	0.88	0.81	0.03	0.62	-0.35	0.59	0.9	0.79	0.86	0.55	0.94	0.1	0.86	0.52	0.86	0.51	0.32		0.68	0.87	0.59	0.32	0.98	0.41
Common Stock Total Equity	0.94	0.82	0.85	0.95	0.25	0.44	-0.37	0.64	0.76	0.53	0.69	0.38	0.58	-0.01	0.69	0.24	0.62	0.57	0.46	0.68		0.77	0.44	0.08	0.7	0.14
Non Current Liabilities Total	0.89	0.74	0.98	0.87	0.11	0.77	-0.38	0.56	1.0	0.79	0.99	0.37	0.85	0.25	0.99	0.54	0.73	0.47	0.4	0.87	0.77		0.64	0.32	0.9	0.36
Inventory	0.5	0.66	0.58	0.48	-0.52	0.61	-0.25	0.13	0.62	0.65	0.64	0.35	0.46	-0.07	0.64	0.58	0.62	0.17	0.04	0.59	0.44	0.64		0.91	0.67	0.07
Other Current Assets	0.15	0.36	0.24	0.13	-0.74	0.36	-0.08	-0.06	0.31	0.39	0.34	0.34	0.21	-0.25	0.34	0.43	0.33	-0.06	-0.13	0.32	0.08	0.32	0.91		0.39	-0.07
Total Current Assets	0.85	0.72	0.9	0.83	-0.01	0.65	-0.37	0.57	0.92	0.8	0.88	0.58	0.94	0.06	0.88	0.56	0.87	0.51	0.42	0.98	0.7	0.9	0.67	0.39		0.39
Short Term Debt	0.29	0.15	0.36	0.28	0.25	0.32	0.21	0.42	0.4	0.25	0.44	0.09	0.57	0.1	0.43	0.34	0.26	0.54	0.17	0.41	0.14	0.36	0.07	-0.07	0.39

Click cells to compare fundamentals

EnLink Midstream Account Relationship Matchups

EnLink Midstream fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	9.3B	8.6B	8.5B	8.7B	8.3B	5.5B
Total Stockholder Equity	2.1B	1.5B	1.3B	2.9B	2.6B	2.8B
Property Plant And Equipment Net	7.1B	6.7B	6.4B	6.6B	6.4B	3.6B
Non Current Assets Total	8.7B	7.9B	7.6B	7.7B	7.5B	5.2B
Non Currrent Assets Other	128.2M	75.5M	96.6M	(613.3M)	112.2M	117.8M
Common Stock Shares Outstanding	188.6M	463.9M	489.3M	494.3M	485.3M	466M
Liabilities And Stockholders Equity	9.3B	8.6B	8.5B	8.7B	8.3B	5.5B
Other Assets	52.1M	122M	36.7M	31.3M	28.2M	46.1M
Other Stockholder Equity	1.7B	1.7B	(209.2M)	1.0B	1.6B	1.1B
Total Liab	5.5B	5.3B	5.5B	5.7B	5.7B	3.2B
Property Plant And Equipment Gross	7.1B	6.7B	10.7B	11.3B	11.5B	12.1B
Short Long Term Debt Total	4.8B	4.6B	4.4B	4.7B	4.6B	2.5B
Other Current Liab	55.2M	66.2M	68.3M	703.8M	107M	101.7M
Total Current Liabilities	647.1M	888M	898.9M	875.4M	993.6M	640.4M
Current Deferred Revenue	499.1M	394.2M	672.9M	18.5M	634M	665.7M
Net Debt	4.7B	4.6B	4.4B	4.7B	4.6B	2.5B
Accounts Payable	71.7M	61.5M	139.6M	126.9M	126.5M	132.8M
Cash	77.4M	39.6M	26.2M	22.6M	28.7M	29.4M
Cash And Short Term Investments	77.4M	39.6M	26.2M	22.6M	28.7M	41.8M
Net Receivables	496.3M	528.1M	788.2M	725.2M	667.3M	491.6M
Common Stock Total Equity	1.9B	1.7B	2.1B	1.5B	1.7B	870.5M
Non Current Liabilities Total	4.9B	4.4B	4.6B	4.9B	4.7B	2.7B
Inventory	43.4M	44.9M	49.4M	147.1M	46.4M	34.7M
Other Current Assets	27.3M	38.8M	56.6M	960.2M	19M	18.1M
Total Current Assets	644.4M	651.4M	920.4M	982.8M	838.3M	593.9M
Accumulated Other Comprehensive Income	(11M)	(15.3M)	(1.4M)	700K	630K	661.5K
Short Term Debt	21.1M	366.1M	18.1M	26.2M	126.1M	132.4M
Intangible Assets	1.2B	1.1B	1.0B	921.2M	793.6M	796.0M
Common Stock	2.1B	1.5B	1.3B	1.3B	1.0B	936.4M
Other Liab	24.4M	134.6M	166.5M	73.2M	65.9M	62.6M
Property Plant Equipment	7.1B	6.7B	6.4B	6.6B	7.5B	6.5B
Net Tangible Assets	695.2M	368.1M	253M	385.2M	443.0M	465.1M
Noncontrolling Interest In Consolidated Entity	1.7B	1.7B	1.7B	1.6B	1.4B	2.2B
Long Term Debt	4.8B	4.2B	4.4B	4.7B	4.5B	4.2B
Long Term Debt Total	4.8B	4.2B	4.4B	4.7B	5.4B	4.2B
Deferred Long Term Liab	6.8M	111.1M	139.7M	45.4M	40.9M	38.8M
Long Term Investments	4.3M	4.9M	200K	2.9M	150.5M	158.0M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

GM	General Motors
GM	General Motors
GOOG	Alphabet Inc Class C

Additional Information and Resources on Investing in EnLink Stock

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:

How To Invest In EnLink

Details

Is EnLink Stock a good investment?

Details

What is EnLink Midstream's Net Worth?

Details

Largest Oil & Gas Midstream Companies

View

Largest Energy Companies

View

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EnLink Midstream LLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

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

(0.39)

Dividend Share

0.523

Earnings Share

0.3

Revenue Per Share

15.038

Quarterly Revenue Growth

0.022

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

EnLink Total Stockholder Equity vs Long Term Investments Analysis

Total Stockholder Equity vs Long Term Investments

Total Stockholder Equity vs Long Term Investments Correlation Analysis

Correlation Coefficient

Total Stockholder Equity

Long Term Investments

EnLink Midstream fundamental ratios Correlations

EnLink Midstream Account Relationship Matchups

High Positive Relationship

High Negative Relationship

EnLink Midstream fundamental ratios Accounts

Also Currently Popular

Additional Information and Resources on Investing in EnLink Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Non Current Liabilities Total	+ 1.0	Total Liab
Net Debt	+ 1.0	Short Long Term Debt Total
Short Long Term Debt Total	+ 0.99	Total Liab
Non Current Liabilities Total	+ 0.99	Short Long Term Debt Total
Non Current Liabilities Total	+ 0.99	Net Debt

Other Current Assets	- 0.74	Non Currrent Assets Other
Current Deferred Revenue	- 0.66	Other Current Liab
Inventory	- 0.52	Non Currrent Assets Other
Other Assets	- 0.48	Non Current Assets Total
Other Assets	- 0.48	Total Assets
Other Assets	- 0.4	Property Plant And Equipment Net