EnLink Retained Earnings vs Current Deferred Revenue Analysis

ENLC Stock

USD 15.21 0.29 1.87%

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 Retained Earnings and its Current Deferred Revenue 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.

Retained Earnings vs Current Deferred Revenue

Retained Earnings vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of EnLink Midstream LLC Retained Earnings account and Current Deferred Revenue. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between EnLink Midstream's Retained Earnings and Current Deferred Revenue is 0.52. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Current Deferred Revenue 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 Retained Earnings and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of EnLink Midstream LLC are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Retained Earnings i.e., EnLink Midstream's Retained Earnings and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

0.52

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

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

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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

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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:

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Is EnLink Stock a good investment?

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What is EnLink Midstream's Net Worth?

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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 Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

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

0.133

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.

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EnLink Retained Earnings vs Current Deferred Revenue Analysis

Retained Earnings vs Current Deferred Revenue

Retained Earnings vs Current Deferred Revenue Correlation Analysis

Correlation Coefficient

Retained Earnings

Current Deferred Revenue

EnLink Midstream fundamental ratios Correlations

EnLink Midstream Account Relationship Matchups

High Positive Relationship

High Negative Relationship

EnLink Midstream fundamental ratios Accounts

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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