What is the Return on Assets (ROA) of Enbridge this year?
The Return on Assets (ROA) of Enbridge is 0.03 undefined this year.
Enbridge ROA 2024
Enbridge ROA
0.03
Enbridge Dividend yield
7.74 %
Ticker
ENB.TO
ISIN
CA29250N1050
WKN
885427
In 2024, Enbridge's return on assets (ROA) was 0.03, a 124.64% increase from the 0.01 ROA in the previous year.
Enbridge Aktienanalyse
What does Enbridge do?
Enbridge Inc is a Canadian energy company operating in the oil and gas industry. The company was founded in 1949 and is headquartered in Calgary, Alberta. It is one of the largest energy distributors in North America and is listed on the S&P/TSX 60 Index. History Enbridge was founded as the "Interprovincial Pipe Line Company" and has since written an impressive history. In the 1960s, the Interprovincial Pipe Line Company became part of a joint project to improve oil supply between Alberta and Chicago. In the 1980s, the company shifted its focus to pipeline construction, laying the groundwork for its current business model. Business Model Enbridge operates in three business segments: pipelines, gas distribution, and renewable energy. The pipeline segment is the largest segment of the company as Enbridge owns one of the largest pipeline infrastructures in North America. The pipelines transport oil, gas, and other liquids for thousands of kilometers between Canada and the United States. Gas distribution is an important business sector for Enbridge as the company also serves as an energy provider for many households and businesses in Canada and the US. Enbridge focuses on customers in rural areas and delivers natural gas through regional networks. Renewable energy is the fastest-growing area for Enbridge. The company has made significant investments in recent years to expand its portfolio of renewable energy projects. Projects include wind and solar parks, hydropower plants, and biofuels. Products Enbridge offers a variety of products and services. The most important product is pipelines, which enable the transportation of oil and gas. Enbridge operates multiple pipelines with a total length of over 27,000 km. The pipeline infrastructure is crucial for both distribution and transportation to other areas as it provides an efficient transmission mechanism for energy. Another product offered by Enbridge is gas compression facilities. These facilities increase the pressure in the gas flow, allowing the gas to flow quickly and smoothly through the pipeline system. Enbridge also offers various services for pipeline operation and maintenance, including inspection services, repairs, and emergency management. Conclusion Enbridge is a significant player in the North American energy industry. With its extensive pipeline infrastructure and strong presence in gas distribution, the company positions itself as a key service provider for the energy industry. The growing business of renewable energy shows that Enbridge is ready to adapt to changing industry trends and expand its operations accordingly. Enbridge ist eines der beliebtesten Unternehmen auf Eulerpool.com.ROA Details
Understanding Enbridge's Return on Assets (ROA)
Enbridge's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.
Year-to-Year Comparison
Comparing Enbridge's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.
Impact on Investments
Investors consider Enbridge's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.
Interpreting ROA Fluctuations
Variations in Enbridge’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.
Frequently Asked Questions about Enbridge Stock
What was the ROA of Enbridge compared to the previous year?
The ROA of Enbridge has increased by 124.64% compared to the previous year.
What consequences do high ROA have for investors of Enbridge?
A high ROA is advantageous for investors of Enbridge, as it indicates that the company efficiently utilizes its assets and generates good profits.
What are the consequences of low ROA for investors in Enbridge?
A low ROA can be unfavorable for investors of Enbridge as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.
How does an increase in the ROA of Enbridge affect the company?
An increase in ROA of Enbridge can be an indicator of improved efficiency in asset utilization and higher profitability.
How does a reduction in ROA of Enbridge impact the company?
A reduction in the ROA of Enbridge can be an indicator of lower asset efficiency and profitability.
What are some factors that can influence the ROA of Enbridge?
Some factors that can influence the ROA of Enbridge include revenue, operating costs, asset structure, and industry average.
Why is the ROA of Enbridge important for investors?
The ROA of Enbridge is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.
What strategic measures can Enbridge take to improve ROA?
To improve ROA, Enbridge can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.
How much dividend does Enbridge pay?
Over the past 12 months, Enbridge paid a dividend of 3.55 CAD . This corresponds to a dividend yield of about 7.74 %. For the coming 12 months, Enbridge is expected to pay a dividend of 3.36 CAD.
What is the dividend yield of Enbridge?
The current dividend yield of Enbridge is 7.74 %.
When does Enbridge pay dividends?
Enbridge pays a quarterly dividend. This is distributed in the months of June, September, December, March.
How secure is the dividend of Enbridge?
Enbridge paid dividends every year for the past 30 years.
What is the dividend of Enbridge?
For the upcoming 12 months, dividends amounting to 3.36 CAD are expected. This corresponds to a dividend yield of 7.33 %.
In which sector is Enbridge located?
Enbridge is assigned to the 'Energy' sector.
Wann musste ich die Aktien von Enbridge kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Enbridge from 3/1/2024 amounting to 0.915 CAD, you needed to have the stock in your portfolio before the ex-date on 2/14/2024.
When did Enbridge pay the last dividend?
The last dividend was paid out on 3/1/2024.
What was the dividend of Enbridge in the year 2023?
In the year 2023, Enbridge distributed 3.44 CAD as dividends.
In which currency does Enbridge pay out the dividend?
The dividends of Enbridge are distributed in CAD.
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