Canadian National Railway Co (CNR.TO)
150.98
+0.63
(+0.42%)
CAD |
TSX |
Nov 01, 16:00
Canadian National Railway Debt to Equity Ratio: 1.064 for Sept. 30, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| September 30, 2024 | 1.064 |
| June 30, 2024 | 1.057 |
| March 31, 2024 | 0.9953 |
| December 31, 2023 | 0.9183 |
| September 30, 2023 | 0.9204 |
| June 30, 2023 | 0.8304 |
| March 31, 2023 | 0.7981 |
| December 31, 2022 | 0.7215 |
| September 30, 2022 | 0.6996 |
| June 30, 2022 | 0.661 |
| March 31, 2022 | 0.6124 |
| December 31, 2021 | 0.5489 |
| September 30, 2021 | 0.6259 |
| June 30, 2021 | 0.6746 |
| March 31, 2021 | 0.6499 |
| December 31, 2020 | 0.6568 |
| September 30, 2020 | 0.7138 |
| June 30, 2020 | 0.7543 |
| March 31, 2020 | 0.8117 |
| December 31, 2019 | 0.7647 |
| September 30, 2019 | 0.7442 |
| June 30, 2019 | 0.7426 |
| March 31, 2019 | 0.7664 |
| December 31, 2018 | 0.7125 |
| September 30, 2018 | 0.6756 |
| Date | Value |
|---|---|
| June 30, 2018 | 0.6836 |
| March 31, 2018 | 0.7181 |
| December 31, 2017 | 0.6501 |
| September 30, 2017 | 0.6904 |
| June 30, 2017 | 0.7014 |
| March 31, 2017 | 0.734 |
| December 31, 2016 | 0.7369 |
| September 30, 2016 | 0.7075 |
| June 30, 2016 | 0.6968 |
| March 31, 2016 | 0.6855 |
| December 31, 2015 | 0.6975 |
| September 30, 2015 | 0.7248 |
| June 30, 2015 | 0.6696 |
| March 31, 2015 | 0.6842 |
| December 31, 2014 | 0.6215 |
| September 30, 2014 | 0.5704 |
| June 30, 2014 | 0.5742 |
| March 31, 2014 | 0.6261 |
| December 31, 2013 | 0.6053 |
| September 30, 2013 | 0.6482 |
| June 30, 2013 | 0.6555 |
| March 31, 2013 | 0.6669 |
| December 31, 2012 | 0.6262 |
| September 30, 2012 | 0.5704 |
| June 30, 2012 | 0.6069 |
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
0.5489
Minimum
Dec 2021
1.064
Maximum
Sep 2024
0.7739
Average
0.7379
Median
Debt to Equity Ratio Benchmarks
| Canadian Pacific Kansas City Ltd | 0.4964 |
| Air Canada | 8.564 |
| Bombardier Inc | -2.589 |
| Mullen Group Ltd | 0.9842 |
| TFI International Inc | 0.9299 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 54.48B |
| Total Liabilities (Quarterly) | 35.02B |
| Shareholders Equity (Quarterly) | 19.46B |
| Current Ratio | 0.6448 |
| Net Debt Paydown Yield | -0.76% |