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Enbridge Energy Management LLC (Enbridge Energy Management LLC) Degree of Financial Leverage : 0.00 (As of Sep. 2018)


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What is Enbridge Energy Management LLC Degree of Financial Leverage?

Degree of Financial Leverage (DFL) measures the percentage change in EPS for a unit change in Earnings Before Interest and Taxes (EBIT). Enbridge Energy Management LLC does not have enough data to calculate Degree of Financial Leverage.


Enbridge Energy Management LLC Degree of Financial Leverage Historical Data

The historical data trend for Enbridge Energy Management LLC's Degree of Financial Leverage 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.

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Enbridge Energy Management LLC Degree of Financial Leverage Chart

Enbridge Energy Management LLC Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Degree of Financial Leverage
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Enbridge Energy Management LLC Quarterly Data
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Competitive Comparison of Enbridge Energy Management LLC's Degree of Financial Leverage

For the Oil & Gas Midstream subindustry, Enbridge Energy Management LLC's Degree of Financial Leverage, along with its competitors' market caps and Degree of Financial Leverage 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 Degree of Financial Leverage Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Enbridge Energy Management LLC's Degree of Financial Leverage distribution charts can be found below:

* The bar in red indicates where Enbridge Energy Management LLC's Degree of Financial Leverage falls into.



Enbridge Energy Management LLC Degree of Financial Leverage Calculation

Enbridge Energy Management LLC's Degree of Financial Leverage for the quarter that ended in Sep. 2018 is calculated as:

Degree of Financial Leverage=% Change in Earnings per Share (Diluted)**/% Change in EBIT
=( -0.279 (Sep. 2018) / -0.089 (Sep. 2017) - 1 )/( 0 (Sep. 2018) / 0 (Sep. 2017) - 1 )
=2.1348/
=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.

** TTM data of EPS and EBIT was used to calculate Degree of Financial Leverage.
*** Please be aware that the Degree of Financial Leverage calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.


Enbridge Energy Management LLC  (NYSE:EEQ) Degree of Financial Leverage Explanation

Degree of Financial Leverage (DFL) is a leverage ratio that measures the sensitivity of a company’s Earnings per Share (EPS) to fluctuations in its operating income, also referred to as Earnings Before Interest and Taxes (EBIT), resulting from adjustments in its capital structure. DFL is an essential tool for companies to assess the appropriate level of debt or financial leverage in their capital structure. When EBIT remains relatively stable, it results in stable earnings and earnings per share. In such cases, the company may consider taking on substantial debt. However, for companies operating in industries with significant fluctuations in EBIT, it is advisable to keep debt at a manageable level.

The higher Degree of Financial Leverage, the more volatile earnings will be. Because interest is a fixed expense, leverage can amplify earnings and EPS. This is beneficial when EBIT is growing, but it can become problematic in tough economic conditions when EBIT is under pressure.

Be Aware

The use of financial leverage varies across different industries and business sectors, and the application of Degree of Financial Leverage (DFL) should be adjusted accordingly.


Enbridge Energy Management LLC Degree of Financial Leverage 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