Debt-to-Equity Ratio

Enbridge’s debt-to-equity ratio of 1.69x measures how much the company relies on borrowed money versus shareholder equity to finance its operations — a higher ratio indicates more leverage and financial risk.

This figure sits well above the sector median of 0.76x, placing Enbridge in the 82nd percentile among its energy peers, meaning it carries more debt relative to equity than the majority of comparable companies. Trend data is not available: the year-over-year change, quarter-over-quarter change, and direction over the last eight quarters are all stated as N/A, so no pattern of increase or decrease can be assessed. The combination of a high debt level and no trend information implies that investors must evaluate risk based solely on the current point — elevated leverage increases vulnerability to interest rate shifts and cash-flow pressures, but without a trend it is unclear whether the company is improving or deteriorating. This metric, showing above-average debt, contradicts the overall NEUTRAL verdict because it introduces a distinct financial risk that would typically lean toward caution rather than a balanced view.

Frequently Asked Questions

Closest Sector Peers