Canadian National Railway Balance Sheet Health
Financial Health criteria checks 2/6
Canadian National Railway has a total shareholder equity of CA$19.5B and total debt of CA$20.7B, which brings its debt-to-equity ratio to 106.3%. Its total assets and total liabilities are CA$54.5B and CA$35.0B respectively. Canadian National Railway's EBIT is CA$7.0B making its interest coverage ratio 8.1. It has cash and short-term investments of CA$273.0M.
Key information
106.3%
Debt to equity ratio
CA$20.69b
Debt
| Interest coverage ratio | 8.1x |
| Cash | CA$273.00m |
| Equity | CA$19.46b |
| Total liabilities | CA$35.02b |
| Total assets | CA$54.48b |
Recent financial health updates
No updates
Recent updates
Dividends On Track: Why I'm Bullish On Canadian National's Long-Term Potential
Oct 23Canadian National: When The Train Slows Down, It's Time To Seize The Opportunity
Aug 28Canadian National Railway: Strong Fundamentals Amid Short-Term Challenges
Aug 18Off The Rails? Not Quite. Buying Canadian National On Weakness
Jul 24Canadian National Railway: My Top Railroad For Dividend Growth Investors
Jul 14Canadian National: Easing Comps, Growth Initiatives And Reasonable Valuation
Jul 02Canadian National: Where Dividend Investors Go For Income And Growth
Apr 29Canadian National Railway: Dividend Increases, Transformation, And M&A Imply Undervaluation
Mar 14Canadian National Is My Top Pick Among Class 1 Railroads
Mar 02Canadian National Railway: A Bright Future Ahead
Jan 24Canadian National Railway: Better To Wait For The Next Train
Dec 19Why Canadian National Railway Is The Only Railroad Able To Increase Buybacks
Nov 27Canadian National Has Entered Buy Zone: Navigating Challenges, Embracing Opportunity
Oct 25Canadian National Railway: Why I've Been Buying This Wide Moat Compounder
Oct 13Riding Canadian National Railway
Sep 08Canadian National Railway: Faces Short-Term Challenges But Long-Term Growth Intact
Aug 08Canadian National: Despite Challenges, This Stock Is A Buy On Weakness
Jul 26Boarding Canadian National Railway
Jul 06Canadian National: Riding The Rails Of Profit
May 28Canadian National Railway Non-GAAP EPS of C$2.10 beats by C$0.02, revenue of C$4.54B beats by C$60M
Jan 24CN ratifies new agreement for rail traffic controllers in Canada
Jan 03Buying High-Quality Dividends With Canadian National
Nov 10Canadian National Railway GAAP EPS of C$2.13 beats by C$0.12, revenue of C$4.51B beats by C$190M
Oct 25Canadian National Railway: A Quality Dividend Stock At A Historically Attractive Price
Oct 05CN proposes $1.5B debt offering
Aug 03Canadian National Railway Non-GAAP EPS of C$1.93 beats by C$0.17, revenue of C$4.34B beats by C$250M
Jul 26Canadian National announces investments in Mississippi, Minnesota
Jun 29Canadian National: A Conservative Dividend Growth Gem
Jun 16Financial Position Analysis
Short Term Liabilities: CNI's short term assets (CA$3.0B) do not cover its short term liabilities (CA$4.7B).
Long Term Liabilities: CNI's short term assets (CA$3.0B) do not cover its long term liabilities (CA$30.3B).
Debt to Equity History and Analysis
Debt Level: CNI's net debt to equity ratio (104.9%) is considered high.
Reducing Debt: CNI's debt to equity ratio has increased from 73.2% to 106.3% over the past 5 years.
Debt Coverage: CNI's debt is well covered by operating cash flow (34.4%).
Interest Coverage: CNI's interest payments on its debt are well covered by EBIT (8.1x coverage).