Enbridge Inc. (ENB) quarterly balance sheet — complete assets, liabilities & equity history
Enbridge Inc. (ENB) balance sheet — 30-year assets, liabilities & shareholders' equity history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Total Current Assets | 17.72B | 26.39B | 3.84B | 12.1B | 11.07B | 13.6B | 13.16B | 11.89B | 12.5B | 10.01B | 14.4B | 8.19B | 6.77B | 9.92B | 12.15B | 7.81B | 8.1B | 8.23B | 8.96B | 6.75B |
| Cash & Short-Term Investments | 2.86B | 2.55B | 1.5B | 1.51B | 1.2B | 2.09B | 1.8B | 2.01B | 3.7B | 1.39B | 5.9B | 1.95B | 822.3M | 976M | 861M | 763.79M | 844.8M | 362.84M | 286M | 405.92M |
| Cash Only | 2.86B | 2.55B | 1.5B | 1.51B | 1.2B | 2.09B | 1.8B | 2.01B | 3.7B | 1.39B | 5.9B | 1.95B | 822.3M | 976M | 861M | 763.79M | 844.8M | 362.84M | 286M | 405.92M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 9.94B | 14.76B | 9.83B | 5.95B | 5.53B | 7.72B | 7.38B | 5.67B | 4.85B | 5B | 4.84B | 3.06B | 2.94B | 4.86B | 6.05B | 5.35B | 6.05B | 6.9B | 5.47B | 5.16B |
| Days Sales Outstanding | 38.33 | 35.38 | 42.28 | 36.08 | 40.51 | 36.73 | 37.03 | 32.52 | 39.56 | 40.59 | 32.19 | 28.03 | 33.98 | 40.65 | 39.08 | 45.32 | 44.58 | 36.86 | 39.06 | 43.52 |
| Inventory | 2.27B | 2.58B | 2.22B | 1.91B | 1.41B | 1.23B | 1.49B | 1.61B | 1.36B | 1.38B | 1.48B | 1.15B | 913.58M | 1.31B | 2.25B | 1.7B | 1.2B | 968.63M | 1.67B | 1.18B |
| Days Inventory Outstanding | 9.76 | 9.55 | 16.52 | 15.45 | 12.09 | 9.89 | 13.09 | 13.16 | 18.49 | 21.03 | 18.47 | 15.85 | 16.72 | 21.76 | 20.89 | 17.29 | 10.17 | 10.99 | 15.57 | 14.54 |
| Other Current Assets | 2.65B | 6.5B | -9.72B | 2.72B | 2.93B | 2.57B | 2.49B | 2.61B | 2.59B | 2.24B | 2.18B | 2.03B | 2.09B | 2.7B | 2.98B | 0 | 0 | 0 | 1.53B | 0 |
| Total Non-Current Assets | 213.93B | 292.9B | 234.46B | 205.18B | 200.52B | 206.45B | 205.81B | 193.88B | 188.76B | 180.7B | 165.92B | 123.13B | 124.46B | 167.15B | 167.46B | 123.54B | 126.09B | 127.15B | 159.91B | 122.94B |
| Property, Plant & Equipment | 195.62B | 188.06B | 180.57B | 131.13B | 128.18B | 131.58B | 131.1B | 124.43B | 120.29B | 113.44B | 104.64B | 77.72B | 78.42B | 104.25B | 104.46B | 76.05B | 78.65B | 79.4B | 100.07B | 77.32B |
| Fixed Asset Turnover | 0.15x | 0.17x | 0.11x | 0.11x | 0.11x | 0.14x | 0.13x | 0.12x | 0.10x | 0.10x | 0.12x | 0.13x | 0.11x | 0.12x | 0.15x | 0.15x | 0.17x | 0.17x | 0.14x | 0.13x |
| Goodwill | 51.46B | 50.04B | 48.41B | 35.73B | 35.16B | 36.6B | 36.6B | 34.86B | 34.32B | 34.29B | 31.85B | 23.84B | 24.05B | 32.41B | 32.44B | 25.49B | 25.84B | 25.98B | 32.77B | 25.67B |
| Intangible Assets | 5.64B | 5.6B | 5.48B | 4.27B | 4.28B | 4.51B | 4.59B | 4.4B | 4.5B | 4.53B | 3.54B | 2.75B | 2.84B | 3.91B | 4.02B | 2.98B | 3.04B | 3.11B | 4.01B | 1.74B |
| Long-Term Investments | 31.73B | 32.93B | 31.23B | 22.82B | 20.79B | 20.98B | 20.69B | 19.57B | 19.11B | 17.44B | 16.79B | 12.36B | 12.89B | 16.32B | 15.94B | 11.5B | 11.05B | 11.8B | 13.32B | 11.35B |
| Other Non-Current Assets | -71.87B | 15.08B | -31.23B | 10.52B | 11.56B | 11.98B | 12.03B | 10.13B | 10.08B | 10.53B | 8.76B | 6.18B | 6.05B | 9.79B | 10.13B | 7.18B | 7.27B | 6.64B | 9.24B | 6.37B |
| Total Assets | 231.65B | 319.29B | 299.78B | 217.28B | 211.59B | 220.04B | 218.97B | 205.77B | 201.26B | 190.71B | 180.32B | 131.33B | 131.22B | 177.07B | 179.61B | 131.35B | 134.19B | 135.38B | 168.86B | 129.68B |
| Asset Turnover | 0.11x | 0.10x | 0.07x | 0.07x | 0.07x | 0.08x | 0.08x | 0.07x | 0.06x | 0.06x | 0.07x | 0.07x | 0.07x | 0.07x | 0.09x | 0.09x | 0.10x | 0.10x | 0.08x | 0.08x |
| Asset Growth % | 9.48% | 45.1% | 36.9% | 5.59% | 5.13% | 15.38% | 21.44% | 56.69% | 53.38% | 7.7% | 0.39% | -0.02% | -2.21% | 30.8% | 6.36% | 1.29% | -16.51% | -15.76% | 5.36% | -20.19% |
| Total Current Liabilities | 24.58B | 32.62B | 28.82B | 15.06B | 14.81B | 18.63B | 23.81B | 19.05B | 16.33B | 14.72B | 17.43B | 12.31B | 10.58B | 16.78B | 20.3B | 12.94B | 13.96B | 12.16B | 18.23B | 12.17B |
| Accounts Payable | 10.18B | 13.8B | 10.37B | 6.55B | 5.77B | 6.61B | 7.06B | 6.02B | 4.57B | 3.82B | 4.31B | 3.26B | 2.8B | 4.1B | 6.17B | 6.51B | 6.57B | 6.39B | 4.47B | 6.5B |
| Days Payables Outstanding | 48.24 | 48.01 | 67.62 | 57.33 | 56.63 | 49.77 | 55.34 | 46.93 | 56.5 | 59.72 | 53.12 | 46.48 | 51.82 | 62.66 | 67.08 | 78.09 | 60.77 | 45.23 | 59.95 | 73.73 |
| Short-Term Debt | 8.28B | 9.12B | 8.63B | 3.11B | 4.07B | 5.95B | 8.26B | 7.98B | 6.91B | 6.2B | 6.48B | 6.42B | 5.23B | 8.87B | 8.04B | 5.97B | 6.84B | 4.78B | 7.68B | 4.65B |
| Deferred Revenue (Current) | 0 | 0 | 1.67B | 0 | 0 | 0 | 1.07B | 0 | 0 | 0 | 1.18B | 0 | 0 | 0 | 1.06B | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 6.11B | 9.7B | 2.31B | 5.4B | 3.76B | 4.87B | 3.12B | 3.87B | 3.75B | 3.75B | 1.91B | 2.63B | 2.55B | 3.05B | 1.66B | 463.19M | 546.63M | 989.41M | 2.2B | 1.02B |
| Current Ratio | 0.72x | 0.81x | 0.13x | 0.80x | 0.75x | 0.73x | 0.55x | 0.62x | 0.77x | 0.68x | 0.83x | 0.67x | 0.64x | 0.59x | 0.60x | 0.60x | 0.58x | 0.68x | 0.49x | 0.55x |
| Quick Ratio | 0.63x | 0.73x | 0.06x | 0.68x | 0.65x | 0.66x | 0.49x | 0.54x | 0.68x | 0.59x | 0.74x | 0.57x | 0.55x | 0.51x | 0.49x | 0.47x | 0.49x | 0.60x | 0.40x | 0.46x |
| Cash Conversion Cycle | -0.16 | -3.07 | -8.83 | -5.8 | -4.04 | -3.15 | -5.22 | -1.25 | 1.55 | 1.9 | -2.46 | -2.59 | -1.12 | -0.25 | -7.12 | -15.49 | -6.03 | 2.63 | -5.32 | -15.67 |
| Total Non-Current Liabilities | 138.22B | 190.85B | 181.51B | 133.31B | 128.43B | 130.13B | 126.27B | 117.94B | 114.68B | 108.69B | 98.4B | 68.61B | 72.33B | 95.27B | 95.91B | 69.68B | 70.12B | 71.85B | 87.27B | 66.55B |
| Long-Term Debt | 103.85B | 144.12B | 135.79B | 100.74B | 96.98B | 97.16B | 93.41B | 87.32B | 85.18B | 81.39B | 74.72B | 50.64B | 54.72B | 71.74B | 72.94B | 53.44B | 54.36B | 56.34B | 67.96B | 51.26B |
| Capital Lease Obligations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 21.66B | 29.4B | 27.83B | 20.27B | 19.68B | 19.98B | 19.6B | 18.37B | 17.91B | 16.69B | 15.03B | 11.01B | 10.94B | 14.29B | 13.78B | 9.64B | 9.71B | 9.58B | 11.69B | 8.89B |
| Other Non-Current Liabilities | 12.72B | 17.33B | 17.89B | 12.3B | 11.77B | 12.99B | 13.26B | 12.25B | 11.59B | 10.62B | 8.65B | 6.97B | 6.67B | 9.23B | 9.19B | 6.6B | 6.06B | 5.94B | 7.62B | 6.4B |
| Total Liabilities | 162.8B | 223.46B | 209.32B | 148.37B | 143.23B | 148.76B | 150.08B | 137B | 131.01B | 123.41B | 115.83B | 80.92B | 82.91B | 112.05B | 116.21B | 82.63B | 84.08B | 84.01B | 105.5B | 78.72B |
| Total Debt | 112.13B | 153.24B | 144.42B | 103.86B | 101.05B | 103.11B | 101.67B | 95.3B | 92.09B | 87.58B | 81.2B | 57.06B | 59.95B | 80.61B | 80.98B | 59.41B | 61.2B | 61.12B | 75.64B | 55.91B |
| Net Debt | 109.27B | 150.69B | 142.92B | 102.34B | 99.85B | 101.03B | 99.87B | 93.29B | 88.39B | 86.2B | 75.3B | 55.11B | 59.13B | 79.64B | 80.12B | 58.65B | 60.35B | 60.75B | 75.35B | 55.5B |
| Debt / Equity | 1.63x | 1.60x | 1.60x | 1.51x | 1.48x | 1.45x | 1.48x | 1.39x | 1.31x | 1.30x | 1.26x | 1.13x | 1.24x | 1.24x | 1.28x | 1.22x | 1.22x | 1.19x | 1.19x | 1.10x |
| Debt / EBITDA | 25.84x | 21.77x | 34.47x | 28.31x | 27.46x | 20.30x | 26.54x | 26.96x | 25.97x | 22.43x | 26.97x | 19.29x | 17.19x | 21.17x | 139.14x | 20.82x | 23.68x | 17.59x | 24.01x | 23.98x |
| Net Debt / EBITDA | 25.18x | 21.41x | 34.11x | 27.89x | 27.13x | 19.89x | 26.07x | 26.39x | 24.93x | 22.08x | 25.01x | 18.63x | 16.96x | 20.91x | 137.66x | 20.55x | 23.36x | 17.48x | 23.92x | 23.80x |
| Interest Coverage | 1.90x | 0.91x | 3.02x | 1.92x | 3.53x | 3.39x | 1.77x | 2.34x | 3.53x | 3.16x | 2.94x | 1.82x | 3.85x | 3.63x | 0.53x | 3.11x | 1.94x | 4.69x | 4.10x | 2.56x |
| Total Equity | 68.84B | 95.83B | 90.46B | 68.91B | 68.36B | 71.28B | 68.89B | 68.78B | 70.25B | 67.3B | 64.48B | 50.4B | 48.31B | 65.03B | 63.4B | 48.72B | 50.11B | 51.37B | 63.37B | 50.97B |
| Equity Growth % | 0.71% | 34.44% | 31.3% | 0.19% | -2.7% | 5.91% | 6.84% | 36.45% | 45.42% | 3.5% | 1.71% | 3.45% | -3.59% | 26.59% | 0.05% | -4.4% | -22.78% | -22.16% | -1.55% | -25.53% |
| Book Value per Share | 31.39 | 43.69 | 41.24 | 31.52 | 31.27 | 32.62 | 30.83 | 31.55 | 32.84 | 31.63 | 30.34 | 24.60 | 23.83 | 32.06 | 31.31 | 24.03 | 24.69 | 25.32 | 31.23 | 25.16 |
| Total Shareholders' Equity | 65.35B | 90.9B | 85.53B | 65.27B | 65.45B | 68.26B | 65.9B | 65.79B | 67.23B | 64.26B | 61.45B | 47.91B | 45.73B | 61.54B | 59.89B | 46.85B | 48.14B | 49.34B | 60.83B | 48.94B |
| Common Stock | 71.95B | 100.66B | 98.62B | 71.94B | 71.82B | 71.81B | 71.74B | 71.71B | 71.7B | 69.2B | 69.18B | 50.92B | 48.81B | 64.77B | 64.76B | 46.79B | 50.28B | 51.79B | 64.8B | 51.07B |
| Retained Earnings | -20.33B | -27.44B | -29.2B | -19.09B | -17.66B | -17.79B | -20.05B | -16.5B | -15.79B | -15.7B | -17.11B | -11.05B | -10.37B | -13.75B | -15.49B | -7.86B | -8.09B | -7.26B | -10.99B | -7.41B |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 6.73B | 7.91B | 6.42B | 5.36B | 4.24B | 7.19B | 7.12B | 3.47B | 4.23B | 3.66B | 2.3B | 2.82B | 1.93B | 3.43B | 3.52B | 2.76B | 417.74M | -1.05B | -1.1B | -1.09B |
| Minority Interest | 3.5B | 4.92B | 4.93B | 3.64B | 2.91B | 3.02B | 2.99B | 2.99B | 3.02B | 3.04B | 3.03B | 2.49B | 2.58B | 3.49B | 3.51B | 1.88B | 1.97B | 2.03B | 2.54B | 2.03B |