CSIMarket
 



<< Back to Financial Strength by Company within Natural Gas Utilities Industry

Natural Gas Utilities Industry Financial Strength Information

Financial Strength Information & Trends  
 


Category:   Period:  

Natural Gas Utilities Industry 4 Q 3 Q 2 Q 1 Q 4 Q
  2023 2023 2023 2023 2022
Quick Ratio (TTM) 0.16 0.15 0.14 0.12 0.1
Quick Ratio Ranking # 78 # 83 # 84 # 91 # 91
Working Capital Ratio (TTM) 1.02 0.96 0.95 0.94 0.91
Working Capital Ratio Ranking # 82 # 86 # 91 # 90 # 92
Working Capital Per Revenue 0 - - - -
Working Capital Per Revenue Ranking # 23 # 16 # 14 # 16 # 13
Leverage Ratio (TTM) 5.1 4.11 3.83 3.94 4.4
Leverage Ratio Ranking # 83 # 80 # 78 # 79 # 86
Total Debt to Equity (TTM) 2.75 2.33 2.21 2.26 2.49
Total Debt to Equity Ranking # 92 # 93 # 93 # 92 # 95
Interest Coverage (TTM) 12.02 11.56 11.59 10.58 9.07
Interest Coverage Ranking # 35 # 34 # 42 # 43 # 59
Debt Coverage (TTM) 0.28 0.27 0.24 0.24 0.21
Debt Coverage Ranking # 66 # 69 # 71 # 72 # 82


Quick Ratio Comment
On the trailing twelve months basis Natural Gas Utilities Industry's Cash & cash equivalent grew by 18.67 % in the 4 Q 2023 sequentially, while Current Liabilities decreased, this led to improvement in Natural Gas Utilities Industry's Quick Ratio to 0.16 in the 4 Q 2023,, Quick Ratio remained below Natural Gas Utilities Industry average.



Within Utilities sector only one Industry has accomplished higher Quick Ratio. Quick Ratio total ranking has improved so far to 78, from total ranking in previous quarter at 83.

Note, Numbers include only companies who have reported earnings results. Numbers change as more businesses report financial results. See the full List.

Quick Ratio Statistics as of 4 Q 2023
High Average Low
0.27 0.16 0.11
4. quarter 2020   4. quarter 2022

Quick Ratio Industry Ranking
Within: No.
Sector # 2
Overall # 78


Other Quick Ratios
Compare Industry's quick ratio to Enlc's or S&P Constituent list of Natural Gas Utilities Industry
Highest Ranking Quick Ratios Lowest Ranking Quick Ratios
Quick Ratios for ENLC's Competitors Definiton of Quick Ratio


Natural Gas Utilities Industry Working Capital Ratio Statistics as of 4 Q 2023
 



Working Capital Ratio Statistics as of 4 Q 2023
High Average Low
1.3 0.98 0.72
1. quarter 2016   4. quarter 2019



Working Capital Ratio Comment
On the trailing twelve months basis Current Liabilities decreased faster than Industry's Current Assets, this led to improvement in Industry's Working Capital Ratio to 1.02 in the 4 Q 2023, above Natural Gas Utilities Industry average Working Capital Ratio.



Within Utilities sector, Natural Gas Utilities Industry accomplished the highest Working Capital Ratio. Working Capital Ratio total ranking has improved to 82, from total ranking in previous quarter at 86.



Working Capital Ratio Industry Ranking
Within: No.
Sector # 1
Overall # 82

Other Working Capital Ratios
Highest Ranking Working Capital Ratios Lowest Ranking Working Capital Ratios
Compare Industry's Working Capital ratio to Enlc's or S&P Constituent list of Natural Gas Utilities Industry
Working Capital ratios for ENLC's Competitors Definiton of Working Capital Ratio

Natural Gas Utilities Industry Working Capital Per Revenue Statistics as of 4 Q 2023
 
Working Capital Per Revenue Comment
On the trailing twelve months basis



Within Utilities sector 2 other industries have achieved lower Working Capital Per Revenue. Working Capital Per Revenue total ranking fell in contrast to the preceding quarter from 16 to 23.




Working Capital Per Revenue Statistics as of 4 Q 2023
High Average Low
0.06 -0.01 -0.08
1. quarter 2016   4. quarter 2019


Working Capital Per Revenue Industry Ranking
Within: No.
Sector # 3
Overall # 23



Other Working Capital Per Revenue
Compare Industry's Working Capital Per Revenue to Enlc's or S&P Constituent list of Natural Gas Utilities Industry
Return On Assets for Natural Gas Utilities Industry Definiton of Working Capital Per Revenue



Natural Gas Utilities Industry Leverage Ratio Statistics as of 4 Q 2023
 


Leverage Ratio Statistics as of 4 Q 2023
High Average Low
4.26 2 0.92
4. quarter 2023   1. quarter 2016



Leverage Ratio Comment
Despite repayements of liabilities of 0.74%, in 4 Q 2023, Liabilities to Equity ratio detoriated to 5.1, above Industry average.



Among other Industries in the Utilities sector 2 other industries have achieved lower Leverage Ratio.



Leverage Ratio overall ranking has fallen relative to the prior quarter from 80 to 83.



Leverage Ratio Industry Ranking
Within: No.
Sector # 3
Overall # 83

Other Leverage Ratios
Compare Industry's Leverage ratio to Enlc's or S&P Bond Interest rates
Highest Ranking Leverage Ratios Lowest Ranking Leverage Ratios
Leverage Ratios for ENLC's Competitors What is Leverage Ratio?


Natural Gas Utilities Industry Total Debt to Equity Ratio Statistics as of 4 Q 2023
 
Debt to Equity Ratio Comment
Despite debt repayement of 1%, in 4 Q 2023 ,Total Debt to Equity detoriated to 2.75 in the 4 Q 2023, above Industry average.



Within Utilities sector 2 other industries have achieved lower Debt to Equity Ratio. Debt to Equity Ratio total ranking has improved so far to 92, from total ranking in previous quarter at 93.




Debt to Equity Ratio Statistics as of 4 Q 2023
High Average Low
2.32 0.49 0.06
4. quarter 2023   3. quarter 2015



Debt to Equity Industry Ranking
Within: No.
Sector # 3
Overall # 92

Other Debt to Equity Ratios
Highest Ranking Debt to Equity Ratios Lowest Ranking Debt to Equity Ratios
Compare Industry's Debt to Equity ratio to Enlc's or S&P Definiton of Debt to Equity Ratio

Natural Gas Utilities Industry Interest Coverage Ratio Statistics as of 4 Q 2023
 


Interest Coverage Ratio Statistics as of 4 Q 2023
High Average Low
24.83 7.08 2.78
3. quarter 2019   2. quarter 2016

Interest Coverage Ratio Comment
On the trailing twelve months basis interest expenses decreased faster than Industry's ebitda, this led to improvement in Industry's Interest Coverage Ratio to 12.02 , above Natural Gas Utilities Industry average Interest Coverage Ratio.



In the Utilities sector, Natural Gas Utilities Industry achieved the highest Interest Coverage Ratio. Interest Coverage overall ranking fell in contrast to the prior period from 34 to 35.



Interest Coverage Ratio Industry Ranking
Within: No.
Sector # 1
Overall # 35

Other Interest Coverage Ratios
Highest Ranking Interest Coverage Ratios Lowest Ranking Interest Coverage Ratios
Compare Industry's Interest Coverage ratio to Enlc's or S&P Definiton of Interest Coverage Ratio


Natural Gas Utilities Industry Debt Coverage Statistics as of 4 Q 2023
 
Debt Coverage Ratio Comment
On the trailing twelve months basis total debt decreased faster than Industry's ebitda, this led to improvement in Industry's Debt Coverage Ratio to 0.28 , Debt Coverage Ratio remained below Natural Gas Utilities Industry average.



Looking into Utilities sector, Natural Gas Utilities Industry accomplished the highest debt coverage ratio. Debt Coverage Ratio total ranking has improved to 66, from total ranking in previous quarter at 69.




Debt Coverage Statistics as of 4 Q 2023
High Average Low
3.97 1.76 0.18
3. quarter 2021   2. quarter 2022



Debt Coverage Industry Ranking
Within: No.
Sector # 1
Overall # 66

Other Debt Coverage Ratios
Highest Ranking Debt Coverage Ratios Lowest Ranking Debt Coverage Ratios
See also Natural Gas Utilities Industry's Margin Definiton of Debt Coverage Ratio

Date modified: 2024-03-26T22:18:04+00:00



Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com