• EnLink Midstream, LLC average debt/equity ratio for 2023 was 1.69, a 9.74% increase from 2022.
• EnLink Midstream, LLC average debt/equity ratio for 2022 was 1.54, a 11.59% increase from 2021.
• EnLink Midstream, LLC average debt/equity ratio for 2021 was 1.38, a 0.73% increase from 2020.

Debt/equity ratio can be defined as a measure of a company's financial leverage calculated by dividing its long-term debt by stockholders' equity.