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Enbridge Energy Management LLC (Enbridge Energy Management LLC) Net Current Asset Value : $0.00 (As of Sep. 2018)


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What is Enbridge Energy Management LLC Net Current Asset Value?

In calculating the Net Current Asset Value (NCAV), Benjamin Graham means a company's current assets (such as cash, marketable securities, and inventories) minus its total liabilities (including preferred stock, minority interest, and long-term debt).

Enbridge Energy Management LLC's net current asset value per share for the quarter that ended in Sep. 2018 was $0.00.

The historical rank and industry rank for Enbridge Energy Management LLC's Net Current Asset Value or its related term are showing as below:

EEQ's Price-to-Net-Current-Asset-Value is not ranked *
in the Oil & Gas industry.
Industry Median: 3.68
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Enbridge Energy Management LLC Net Current Asset Value Historical Data

The historical data trend for Enbridge Energy Management LLC's Net Current Asset Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Enbridge Energy Management LLC Net Current Asset Value Chart

Enbridge Energy Management LLC Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.48 0.01 - - -

Enbridge Energy Management LLC Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
Net Current Asset Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Enbridge Energy Management LLC's Net Current Asset Value

For the Oil & Gas Midstream subindustry, Enbridge Energy Management LLC's Price-to-Net-Current-Asset-Value, along with its competitors' market caps and Price-to-Net-Current-Asset-Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Enbridge Energy Management LLC's Price-to-Net-Current-Asset-Value Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Enbridge Energy Management LLC's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Enbridge Energy Management LLC's Price-to-Net-Current-Asset-Value falls into.



Enbridge Energy Management LLC Net Current Asset Value Calculation

Enbridge Energy Management LLC's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2017 is calculated as

Net Current Asset Value Per Share(A: Dec. 2017 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(1-N/A-0-0)/101.859
=N/A

Enbridge Energy Management LLC's Net Current Asset Value (NCAV) per share for the quarter that ended in Sep. 2018 is calculated as

Net Current Asset Value Per Share(Q: Sep. 2018 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(0.8-N/A-0-0)/101.847
=N/A

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Enbridge Energy Management LLC  (NYSE:EEQ) Net Current Asset Value Explanation

Benjamin Graham first discussed net current asset value (NCAV) in the 1934 edition of "Security Analysis", which he coauthored with David Dodd. In the book, (net) current asset value is defined as:" current assets alone, minus all liabilities and claims ahead of the issue."

The common definition of NCAV is: NCAV = current assets – [total liabilities + minority interest + preferred stock]

Net current assets exclude not only the intangible assets but also the fixed and miscellaneous assets. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.

One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham’s strategy produced similar results.

Benjamin Graham looked for companies whose market values were less than two-thirds of their Net-Net Working Capital. They are collected under our Net-Net screener.


Enbridge Energy Management LLC Net Current Asset Value Related Terms

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Enbridge Energy Management LLC (Enbridge Energy Management LLC) Business Description

Traded in Other Exchanges
N/A
Address
Enbridge Energy Management LLC 's sole asset is its 19% limited partner ownership stake in Enbridge Energy Partners, a pipeline master limited partnership. Beyond its ownership of a part of the large Lakehead pipeline system, Enbridge Energy Partners has several smaller crude pipelines in the United States, as well as a natural gas gathering and transportation business. Enbridge Energy Management was created so institutional investors could more easily invest in Enbridge Energy Partners.
Executives
Stephen J Neyland director, officer: Vice President 5400 WESTHEIMER COURT, HOUSTON TX 77056
Mark A. Maki director, officer: President 425 - 1ST STREET S.W., CALGARY A0 T2P 3L8
Laura Buss Sayavedra director 5400 WESTHEIMER COURT, HOUSTON TX 77056
Allen C Capps officer: Controller 5400 WESTHEIMER COURT, HOUSTON TX 77056-5310
William S Waldheim director 304 MARINA VIEW CT., LAKEWAY TX 78734
Cynthia L Hansen officer: Sr.VP-Liquids Pipelines, Ops 500 CONSUMERS ROAD, NORTH YORK A6 M2J 1P8
John K Whelen director 425 - 1ST STREET SW, CALGARY A0 T2P 3L8
D Guy Jarvis director, officer: Exec Vice Pres.-Liquids PL 3000, 425 - 1ST STREET SW, CALGARY A0 T2P 3L8
C Gregory Harper director 185 INTERNATIONAL DRIVE, PORTSMOUTH NH 03801
Rebecca B Roberts director 1000 LOUISIANA, SUITE 5800, HOUSTON TX 77002
Martha O Hesse director 4171 AUTUMN HILLS DRIVE, ., WINNEMUCCA NV 89445-6100
Byron C Neiles officer: Vice President -Major Projects 3000, 425 1ST STREET SW, CALGARY A0 T2P 3L8
George K Petty director 1317 HANOVER PLACE, SAN LUIS OBISPO CA 93401
James Herbert England director 15687 VILLORESI WAY, NAPLES FL 34110
Albert Monaco officer: Executive Vice President #3000, 425 - 1ST STREET SW, CALGARY A0 T2P 3L8