Canadian National Railway (CNR.TO) Debt Metrics
Market Cap: $87.85B
Avg Volume: 1.30M
Industry: Railroads
Sector: Industrials
How much debt does Canadian National Railway have?
According to Canadian National Railway's latest annual financial reports, the company's debt profile is as follows:
Total Debt and Liabilities
Canadian National Railway's total debt stands at $21.37B. This is broken down into:
- Long-term debt: $20.07B
- Short-term debt: $1.30B
The company's net debt, which accounts for cash and cash equivalents, is $20.98B. In terms of overall financial obligations, Canadian National Railway's total liabilities amount to $36.02B.
Debt Ratios and Metrics
To better understand Canadian National Railway's debt position, we can look at several key ratios:
- Debt to Equity Ratio: 1.02 - this indicates the proportion of equity and debt the company uses to finance its assets.
- Debt Ratio: 37.45% - this shows the proportion of a company's assets that are financed through debt.
- Interest Coverage Ratio: 7.01 - this measures how easily a company can pay interest on its outstanding debt.
- Long-term Debt to Capitalization: 48.38% - this shows the proportion of long-term debt in the company's capital structure.
- Total Debt to Capitalization: 50.38% - this indicates the total debt in the company's capital structure.
These metrics provide insight into Canadian National Railway's financial leverage and its ability to meet financial obligations. For a comprehensive understanding of the company's financial health, it's important to consider these debt metrics alongside other financial indicators and industry benchmarks.
Total Debt
$21.37B
Long-term Debt
$20.07B
Short-term Debt
$1.30B
Net Debt
$20.98B
Total Liabilities
$36.02B
Interest Coverage
7.01
Debt to Equity Ratio
1.02
Debt Ratio
37.45%
Canadian National Railway Historical Debt Metrics
Canadian National Railway Historical Debt
The table below shows various debt metrics for each year, with the latest data available for the last fiscal year 2024.
| Year | Total Debt | Long-term Debt | Short-term Debt | Net Debt | Total Liabilities | Debt to Equity | Debt Ratio | Interest Coverage | Long-term Debt to Capitalization | Total Debt to Capitalization |
|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $21.37B | $20.07B | $1.30B | $20.98B | $36.02B | 1.02 | 37.45% | 7.01 | 48.38% | 50.38% |
| 2023 | $18.89B | $16.43B | $2.46B | $18.41B | $32.55B | 0.94 | 35.86% | 9.14 | 44.49% | 48.42% |
| 2022 | $15.77B | $14.71B | $1.18B | $15.44B | $29.28B | 0.74 | 31.13% | 12.48 | 40.19% | 42.44% |
| 2021 | $12.81B | $12.30B | $616.00M | $11.97B | $25.79B | 0.56 | 26.39% | 9.21 | 34.49% | 36.02% |
| 2020 | $13.22B | $12.31B | $1.02B | $12.65B | $25.15B | 0.67 | 29.50% | 8.62 | 37.91% | 40.21% |
| 2019 | $14.30B | $12.24B | $2.05B | $14.23B | $25.74B | 0.79 | 32.65% | 10.40 | 39.68% | 44.21% |
| 2018 | $12.57B | $11.38B | $1.29B | $12.30B | $23.57B | 0.71 | 30.50% | 11.23 | 39.22% | 41.61% |
| 2017 | $10.83B | $8.86B | $2.14B | $10.76B | $20.97B | 0.65 | 28.78% | 10.90 | 34.44% | 39.40% |
| 2016 | $10.94B | $9.58B | $1.61B | $10.76B | $22.22B | 0.74 | 29.51% | 11.07 | 38.90% | 42.43% |
| 2015 | $10.43B | $8.98B | $1.50B | $10.27B | $21.45B | 0.70 | 28.64% | 12.00 | 37.54% | 41.09% |
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