Canadian Interest Expense from 2010 to 2026

CRC Stock  EUR 33.55  0.51  1.54%   
Canadian Natural's Interest Expense is increasing over the last several years with slightly volatile swings. Interest Expense is predicted to flatten to about 476.1 M. Interest Expense is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. View All Fundamentals
 
Interest Expense  
First Reported
2016-12-31
Previous Quarter
238 M
Current Value
93 M
Quarterly Volatility
43.5 M
 
Covid
 
Interest Hikes
Check Canadian Natural financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Canadian Natural's main balance sheet or income statement drivers, such as Interest Expense of 476.1 M, Selling General Administrative of 653 M or Total Revenue of 28 B, as well as many indicators such as . Canadian financial statements analysis is a perfect complement when working with Canadian Natural Valuation or Volatility modules.
  
This module can also supplement various Canadian Natural Technical models . Check out the analysis of Canadian Natural Correlation against competitors.
The Interest Expense trend for Canadian Natural Resources offers valuable insights into the company's financial trajectory and strategic direction. By examining multi-year patterns, investors can identify whether Canadian Natural is strengthening or weakening its position, and how this metric correlates with broader market conditions and industry benchmarks.

Latest Canadian Natural's Interest Expense Growth Pattern

Below is the plot of the Interest Expense of Canadian Natural Resources over the last few years. It is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. Canadian Natural's Interest Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Canadian Natural's overall financial position and show how it may be relating to other accounts over time.
Interest Expense10 Years Trend
Slightly volatile
   Interest Expense   
       Timeline  

Canadian Interest Expense Regression Statistics

Arithmetic Mean379,062,745
Geometric Mean0.00
Coefficient Of Variation100.48
Mean Deviation356,764,937
Median476,116,666
Standard Deviation380,868,422
Sample Variance145060.8T
Range912M
R-Value0.77
Mean Square Error62854.6T
R-Squared0.59
Significance0.0003
Slope58,119,077
Total Sum of Squares2320972.1T

Canadian Interest Expense History

2026476.1 M
2025774 M
2024673 M
2023691 M
2022549 M
2021743 M
2020828 M

About Canadian Natural Financial Statements

Canadian Natural stakeholders use historical fundamental indicators, such as Canadian Natural's Interest Expense, to determine how well the company is positioned to perform in the future. Although Canadian Natural investors may analyze each financial statement separately, they are all interrelated. For example, changes in Canadian Natural's assets and liabilities are reflected in the revenues and expenses on Canadian Natural's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Canadian Natural Resources. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Interest Expense774 M476.1 M

Currently Active Assets on Macroaxis

When determining whether Canadian Natural Res is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Canadian Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Canadian Natural Resources Stock. Highlighted below are key reports to facilitate an investment decision about Canadian Natural Resources Stock:
Check out the analysis of Canadian Natural Correlation against competitors.
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It's important to distinguish between Canadian Natural's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Canadian Natural should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. In contrast, Canadian Natural's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.