Canadian Natural Resources Ltd (CNQ.TO)
48.30
+1.09
(+2.31%)
CAD |
TSX |
Nov 21, 16:00
Canadian Natural Resources Debt to Equity Ratio: 0.2514 for Sept. 30, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| September 30, 2024 | 0.2514 |
| June 30, 2024 | 0.2571 |
| March 31, 2024 | 0.2794 |
| December 31, 2023 | 0.2711 |
| September 30, 2023 | 0.2938 |
| June 30, 2023 | 0.3145 |
| March 31, 2023 | 0.3116 |
| December 31, 2022 | 0.2998 |
| September 30, 2022 | 0.3395 |
| June 30, 2022 | 0.3203 |
| March 31, 2022 | 0.3613 |
| December 31, 2021 | 0.3977 |
| September 30, 2021 | 0.4722 |
| June 30, 2021 | 0.5359 |
| March 31, 2021 | 0.6021 |
| December 31, 2020 | 0.6625 |
| September 30, 2020 | 0.6801 |
| June 30, 2020 | 0.712 |
| March 31, 2020 | 0.6821 |
| December 31, 2019 | 0.5996 |
| September 30, 2019 | 0.6463 |
| June 30, 2019 | 0.6859 |
| March 31, 2019 | 0.6505 |
| December 31, 2018 | 0.645 |
| September 30, 2018 | 0.5909 |
| Date | Value |
|---|---|
| June 30, 2018 | 0.6602 |
| March 31, 2018 | 0.6863 |
| December 31, 2017 | 0.7095 |
| September 30, 2017 | 0.7314 |
| June 30, 2017 | 0.7512 |
| March 31, 2017 | 0.6181 |
| December 31, 2016 | 0.6398 |
| September 30, 2016 | 0.6743 |
| June 30, 2016 | 0.6624 |
| March 31, 2016 | 0.6136 |
| December 31, 2015 | 0.6133 |
| September 30, 2015 | 0.6007 |
| June 30, 2015 | 0.5755 |
| March 31, 2015 | 0.5521 |
| December 31, 2014 | 0.4846 |
| September 30, 2014 | 0.4899 |
| June 30, 2014 | 0.4936 |
| March 31, 2014 | 0.3931 |
| December 31, 2013 | 0.3749 |
| September 30, 2013 | 0.3676 |
| June 30, 2013 | 0.4087 |
| March 31, 2013 | 0.3825 |
| December 31, 2012 | 0.3598 |
| September 30, 2012 | 0.3489 |
| June 30, 2012 | 0.3562 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
0.2514
Minimum
Sep 2024
0.712
Maximum
Jun 2020
0.4322
Average
0.3504
Median
Debt to Equity Ratio Benchmarks
| Whitecap Resources Inc | 0.1947 |
| Athabasca Oil Corp | 0.1255 |
| Suncor Energy Inc | 0.2434 |
| Baytex Energy Corp | 0.5679 |
| ARC Resources Ltd | 0.1863 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 75.08B |
| Total Liabilities (Quarterly) | 35.18B |
| Shareholders Equity (Quarterly) | 39.90B |
| Current Ratio | 0.8439 |
| Net Debt Paydown Yield | 0.45% |