Is it safe?
Can ENB take a bad year?
Enbridge Inc. carries $107.9B of net debt at 6.66× EBITDA: a heavy load to carry through a bad year.
$107.9B
Net debt · as at Q1 2026 · over four years of earnings before interest, tax and depreciation, heavy
- Net debt / EBITDA
- 6.66×
Net debt / EBITDA · 6.32× a year ago · the load is going up
- Debt / equity
- 1.69×
Debt / equity
- Annualised volatility
- 17%
Annualised volatility · about as steady as the market itself
Details›
- Total debtQ1 2026
- $109.5B
- Cash and short-term investments
- $1.64B
- Net debt
- $107.9B
- EBITDA, trailing twelve months
- $16.2B
- Operating profit, trailing twelve months
- $10.5B
- Debt / equity
- 1.69×
- Total debt / EBITDA
- 6.76×
- Annualised volatilitytwo years of daily moves
- 17%
- Worst drawdown on file
- −44%
- Below its 52-week high
- −13%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Oil & Gas Midstream
Ranks #20 of 27 by Smart Score