ENBNEUTRAL

ENB Current Ratio Analysis

0.81x

Higher than 45% of Energy sector peers

Updated 143h ago·SEC filings & market data

Key Takeaway

The current ratio of 0.81x means ENB has 81 cents in current assets (cash, receivables, inventory) for every dollar of current liabilities due within a year — a measure of short-term liquidity.

Sector Performance

45th percentile

ENB

0.81x

Sector Median

0.91x

Sector Avg

1.00x

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Deep Analysis

The current ratio of 0.81x means ENB has 81 cents in current assets (cash, receivables, inventory) for every dollar of current liabilities due within a year — a measure of short-term liquidity.

This sits below the Energy sector median of 0.90x and places ENB at the 47th percentile among sector peers, indicating it is slightly less liquid than the typical peer but not an outlier. Because the year-over-year and quarter-over-quarter changes are both unavailable, there is no trend data to assess whether liquidity is improving or deteriorating. With a ratio under 1.0x and no directional information, the metric signals that ENB may face some near-term cash pressure, but the lack of trend prevents drawing a clear risk or opportunity conclusion. This mixed picture — a below-median level without a worsening or improving trajectory — aligns with the overall NEUTRAL verdict, as the metric does not point decisively toward either strength or weakness.

Frequently Asked Questions

What does the Current Ratio tell investors about ENB?

Measures short-term financial health. A ratio above 1.5 is generally healthy; below 1.0 may indicate liquidity stress.

How is the Current Ratio calculated?

Current Ratio is calculated as: Current Assets / Current Liabilities.

How does ENB's Current Ratio compare to its sector?

ENB's Current Ratio of 0.81x compares to a Energy sector median of 0.91x, placing it in the 45th percentile.

Who are ENB's closest peers by Current Ratio?

The closest Energy peers by Current Ratio include: PXD (0.90x), EPD (0.91x), APA (0.92x), CNQ (0.95x), CHRD (1.02x).

The Formula

Current Assets / Current Liabilities

Why It Matters

Measures short-term financial health. A ratio above 1.5 is generally healthy; below 1.0 may indicate liquidity stress.

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ENB

0.81x

Sector Median

0.91x

Sector Avg

1.00x

How ENB's Current Ratio compares to sector peers.

Not financial advice. Research tool only. Data may be delayed.