EnLink Inventory from 2010 to 2024

ENLC Stock  USD 14.62  0.11  0.76%   
EnLink Midstream's Inventory is increasing over the years with slightly volatile fluctuation. Inventory is expected to dwindle to about 34.7 M. During the period from 2010 to 2024 EnLink Midstream Inventory annual values regression line had geometric mean of  28,915,709 and mean square error of 764 T. View All Fundamentals
 
Inventory  
First Reported
2003-12-31
Previous Quarter
40.4 M
Current Value
73.3 M
Quarterly Volatility
33.3 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check EnLink Midstream financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among EnLink Midstream's main balance sheet or income statement drivers, such as Depreciation And Amortization of 690 M, Interest Expense of 284.3 M or Total Revenue of 4.1 B, as well as many indicators such as Price To Sales Ratio of 0.86, Dividend Yield of 0.04 or PTB Ratio of 3.51. EnLink financial statements analysis is a perfect complement when working with EnLink Midstream Valuation or Volatility modules.
  
Check out the analysis of EnLink Midstream Correlation against competitors.

Latest EnLink Midstream's Inventory Growth Pattern

Below is the plot of the Inventory of EnLink Midstream LLC over the last few years. It is EnLink Midstream's Inventory historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in EnLink Midstream's overall financial position and show how it may be relating to other accounts over time.
Inventory10 Years Trend
Slightly volatile
   Inventory   
       Timeline  

EnLink Inventory Regression Statistics

Arithmetic Mean40,207,884
Geometric Mean28,915,709
Coefficient Of Variation82.77
Mean Deviation18,844,924
Median41,300,000
Standard Deviation33,280,954
Sample Variance1107.6T
Range145.1M
R-Value0.60
Mean Square Error764T
R-Squared0.36
Significance0.02
Slope4,461,871
Total Sum of Squares15506.7T

EnLink Inventory History

202434.7 M
202346.4 M
2022147.1 M
202149.4 M
202044.9 M
201943.4 M
201841.3 M

Other Fundumenentals of EnLink Midstream LLC

About EnLink Midstream Financial Statements

EnLink Midstream stakeholders use historical fundamental indicators, such as EnLink Midstream's Inventory, to determine how well the company is positioned to perform in the future. Although EnLink Midstream investors may analyze each financial statement separately, they are all interrelated. For example, changes in EnLink Midstream's assets and liabilities are reflected in the revenues and expenses on EnLink Midstream's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in EnLink Midstream LLC. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Inventory46.4 M34.7 M
Change To Inventory97 M101.8 M
Inventory Turnover 118.82  189.37 
Days Of Inventory On Hand 3.07  2.46 
Days Of Inventory Outstanding 3.07  2.46 

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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:
Check out the analysis of EnLink Midstream Correlation against competitors.
You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
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.