Canadian Natural Resources Ltd (CNQ)
77.10
-0.24
(-0.31%)
USD |
NYSE |
Apr 26, 11:01
Canadian Natural Resources Debt to Equity Ratio: 0.2711 for Dec. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| 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 |
| June 30, 2018 | 0.6602 |
| March 31, 2018 | 0.6863 |
| December 31, 2017 | 0.7095 |
| Date | Value |
|---|---|
| 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 |
| March 31, 2012 | 0.3523 |
| December 31, 2011 | 0.3743 |
| September 30, 2011 | 0.4212 |
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
0.2711
Minimum
Dec 2023
0.712
Maximum
Jun 2020
0.4836
Average
0.4722
Median
Sep 2021
Debt to Equity Ratio Benchmarks
| Ovintiv Inc | 0.5532 |
| FEC Resources Inc | -- |
| Sunshine Oilsands Ltd | 3.784 |
| Greenfire Resources Ltd | 0.5415 |
| Zenith Energy Ltd | 0.4777 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 57.26B |
| Total Liabilities (Quarterly) | 27.23B |
| Shareholders Equity (Quarterly) | 30.03B |
| Current Ratio | 0.964 |
| Net Debt Paydown Yield | 0.38% |