Canadian National Railway Co (CNR.TO)
170.40
+2.05
(+1.22%)
CAD |
TSX |
Apr 25, 16:00
Canadian National Railway Debt to Equity Ratio: 0.9183 for Dec. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
Date | Value |
---|---|
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 |
June 30, 2018 | 0.6836 |
March 31, 2018 | 0.7181 |
December 31, 2017 | 0.6501 |
Date | Value |
---|---|
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 |
March 31, 2012 | 0.6171 |
December 31, 2011 | 0.6157 |
September 30, 2011 | 0.5493 |
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
0.9204
Maximum
Sep 2023
0.7289
Average
0.7215
Median
Dec 2022
Debt to Equity Ratio Benchmarks
Canadian Pacific Kansas City Ltd | 0.5308 |
TFI International Inc | 0.7271 |
Mullen Group Ltd | 0.6828 |
Cargojet Inc | 0.8669 |
Andlauer Healthcare Group Inc | 0.0529 |
Debt to Equity Ratio Related Metrics
Total Assets (Quarterly) | 52.67B |
Total Liabilities (Quarterly) | 32.55B |
Shareholders Equity (Quarterly) | 20.12B |
Current Ratio | 0.6135 |
Net Debt Paydown Yield | -0.58% |