Canadian National Railway Balance Sheet Health
Financial Health criteria checks 2/6
Canadian National Railway has a total shareholder equity of CA$20.1B and total debt of CA$18.4B, which brings its debt-to-equity ratio to 91.6%. Its total assets and total liabilities are CA$52.7B and CA$32.5B respectively. Canadian National Railway's EBIT is CA$7.1B making its interest coverage ratio 9.8. It has cash and short-term investments of CA$475.0M.
Key information
91.6%
Debt to equity ratio
CA$18.44b
Debt
Interest coverage ratio | 9.8x |
Cash | CA$475.00m |
Equity | CA$20.12b |
Total liabilities | CA$32.55b |
Total assets | CA$52.67b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CNI N's short term assets (CA$3.1B) do not cover its short term liabilities (CA$5.0B).
Long Term Liabilities: CNI N's short term assets (CA$3.1B) do not cover its long term liabilities (CA$27.5B).
Debt to Equity History and Analysis
Debt Level: CNI N's net debt to equity ratio (89.3%) is considered high.
Reducing Debt: CNI N's debt to equity ratio has increased from 71.1% to 91.6% over the past 5 years.
Debt Coverage: CNI N's debt is well covered by operating cash flow (37.8%).
Interest Coverage: CNI N's interest payments on its debt are well covered by EBIT (9.8x coverage).