Canadian Net Debt vs Inventory Analysis

CNI Stock

USD 109.20 2.36 2.21%

Canadian National financial indicator trend analysis is way more than just evaluating Canadian National Railway prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Canadian National Railway is a good investment. Please check the relationship between Canadian National Net Debt and its Inventory accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Canadian National Railway. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Net Debt vs Inventory

Net Debt vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Canadian National Railway Net Debt account and Inventory. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Canadian National's Net Debt and Inventory is 0.93. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Inventory in the same time period over historical financial statements of Canadian National Railway, assuming nothing else is changed. The correlation between historical values of Canadian National's Net Debt and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Canadian National Railway are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Net Debt i.e., Canadian National's Net Debt and Inventory go up and down completely randomly.

Correlation Coefficient

0.93

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Inventory

Most indicators from Canadian National's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Canadian National Railway current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Canadian National Railway. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

The Canadian National's current Enterprise Value is estimated to increase to about 134.5 B, while Selling General Administrative is projected to decrease to under 455.1 M.

	2021	2022	2023	2024 (projected)
Gross Profit	6.1B	7.4B	7.2B	5.5B
Total Revenue	14.5B	17.1B	16.8B	10.2B

Gross Profit Total Revenue

Canadian National fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Other Liab	Net Tangible Assets	Other Assets
Total Assets		0.77	0.74	0.84	0.98	1.0	0.77	0.98	0.39	0.56	1.0	0.31	0.56	0.92	-0.96	0.99	0.76	0.56	-0.5	0.99	0.72	0.93	0.47	0.71	0.74	0.52
Short Long Term Debt Total	0.77		0.54	0.74	0.73	0.76	1.0	0.68	0.35	0.43	0.78	0.7	0.43	0.78	-0.89	0.78	0.94	0.45	-0.48	0.79	0.98	0.69	0.79	0.88	0.87	0.78
Other Current Liab	0.74	0.54		0.69	0.75	0.75	0.54	0.75	0.15	0.35	0.75	0.11	0.35	0.68	-0.76	0.71	0.56	0.33	-0.9	0.73	0.48	0.68	0.42	0.44	0.54	0.31
Total Current Liabilities	0.84	0.74	0.69		0.78	0.83	0.74	0.78	0.54	0.3	0.84	0.38	0.3	0.85	-0.86	0.82	0.74	0.44	-0.54	0.87	0.67	0.74	0.73	0.72	0.7	0.46
Total Stockholder Equity	0.98	0.73	0.75	0.78		0.98	0.72	0.99	0.4	0.62	0.98	0.23	0.62	0.88	-0.95	0.96	0.74	0.6	-0.5	0.95	0.67	0.94	0.39	0.69	0.74	0.5
Property Plant And Equipment Net	1.0	0.76	0.75	0.83	0.98		0.76	0.98	0.37	0.52	1.0	0.27	0.52	0.91	-0.96	0.99	0.74	0.52	-0.5	0.99	0.7	0.91	0.47	0.7	0.73	0.46
Net Debt	0.77	1.0	0.54	0.74	0.72	0.76		0.68	0.34	0.39	0.77	0.7	0.39	0.78	-0.88	0.78	0.93	0.42	-0.48	0.79	0.98	0.67	0.8	0.87	0.86	0.77
Retained Earnings	0.98	0.68	0.75	0.78	0.99	0.98	0.68		0.41	0.59	0.97	0.16	0.59	0.88	-0.93	0.95	0.7	0.59	-0.48	0.94	0.62	0.94	0.36	0.67	0.71	0.4
Accounts Payable	0.39	0.35	0.15	0.54	0.4	0.37	0.34	0.41		0.44	0.38	0.32	0.44	0.59	-0.41	0.35	0.6	0.69	0.06	0.38	0.27	0.6	0.16	0.58	0.58	0.28
Cash	0.56	0.43	0.35	0.3	0.62	0.52	0.39	0.59	0.44		0.55	0.21	1.0	0.41	-0.53	0.53	0.53	0.81	-0.21	0.51	0.44	0.74	0.0	0.53	0.55	0.55
Non Current Assets Total	1.0	0.78	0.75	0.84	0.98	1.0	0.77	0.97	0.38	0.55		0.31	0.55	0.91	-0.96	0.99	0.75	0.55	-0.5	0.99	0.72	0.92	0.48	0.71	0.74	0.52
Non Currrent Assets Other	0.31	0.7	0.11	0.38	0.23	0.27	0.7	0.16	0.32	0.21	0.31		0.21	0.47	-0.42	0.36	0.66	0.34	-0.15	0.37	0.71	0.28	0.54	0.57	0.53	0.84
Cash And Short Term Investments	0.56	0.43	0.35	0.3	0.62	0.52	0.39	0.59	0.44	1.0	0.55	0.21		0.41	-0.53	0.53	0.53	0.81	-0.21	0.51	0.44	0.74	0.0	0.53	0.55	0.55
Net Receivables	0.92	0.78	0.68	0.85	0.88	0.91	0.78	0.88	0.59	0.41	0.91	0.47	0.41		-0.9	0.91	0.82	0.55	-0.41	0.92	0.7	0.89	0.47	0.71	0.74	0.5
Common Stock Shares Outstanding	-0.96	-0.89	-0.76	-0.86	-0.95	-0.96	-0.88	-0.93	-0.41	-0.53	-0.96	-0.42	-0.53	-0.9		-0.95	-0.87	-0.55	0.6	-0.96	-0.84	-0.88	-0.63	-0.83	-0.86	-0.61
Non Current Liabilities Total	0.99	0.78	0.71	0.82	0.96	0.99	0.78	0.95	0.35	0.53	0.99	0.36	0.53	0.91	-0.95		0.74	0.52	-0.47	1.0	0.73	0.9	0.47	0.69	0.71	0.53
Inventory	0.76	0.94	0.56	0.74	0.74	0.74	0.93	0.7	0.6	0.53	0.75	0.66	0.53	0.82	-0.87	0.74		0.65	-0.46	0.75	0.89	0.79	0.68	0.91	0.93	0.74
Other Current Assets	0.56	0.45	0.33	0.44	0.6	0.52	0.42	0.59	0.69	0.81	0.55	0.34	0.81	0.55	-0.55	0.52	0.65		-0.15	0.52	0.38	0.79	0.07	0.59	0.62	0.5
Other Stockholder Equity	-0.5	-0.48	-0.9	-0.54	-0.5	-0.5	-0.48	-0.48	0.06	-0.21	-0.5	-0.15	-0.21	-0.41	0.6	-0.47	-0.46	-0.15		-0.49	-0.45	-0.39	-0.54	-0.4	-0.46	-0.35
Total Liab	0.99	0.79	0.73	0.87	0.95	0.99	0.79	0.94	0.38	0.51	0.99	0.37	0.51	0.92	-0.96	1.0	0.75	0.52	-0.49		0.74	0.89	0.52	0.71	0.72	0.53
Property Plant And Equipment Gross	0.72	0.98	0.48	0.67	0.67	0.7	0.98	0.62	0.27	0.44	0.72	0.71	0.44	0.7	-0.84	0.73	0.89	0.38	-0.45	0.74		0.62	0.78	0.84	0.83	0.8
Total Current Assets	0.93	0.69	0.68	0.74	0.94	0.91	0.67	0.94	0.6	0.74	0.92	0.28	0.74	0.89	-0.88	0.9	0.79	0.79	-0.39	0.89	0.62		0.28	0.71	0.75	0.5
Short Term Debt	0.47	0.79	0.42	0.73	0.39	0.47	0.8	0.36	0.16	0.0	0.48	0.54	0.0	0.47	-0.63	0.47	0.68	0.07	-0.54	0.52	0.78	0.28		0.69	0.62	0.56
Other Liab	0.71	0.88	0.44	0.72	0.69	0.7	0.87	0.67	0.58	0.53	0.71	0.57	0.53	0.71	-0.83	0.69	0.91	0.59	-0.4	0.71	0.84	0.71	0.69		0.94	0.67
Net Tangible Assets	0.74	0.87	0.54	0.7	0.74	0.73	0.86	0.71	0.58	0.55	0.74	0.53	0.55	0.74	-0.86	0.71	0.93	0.62	-0.46	0.72	0.83	0.75	0.62	0.94		0.68
Other Assets	0.52	0.78	0.31	0.46	0.5	0.46	0.77	0.4	0.28	0.55	0.52	0.84	0.55	0.5	-0.61	0.53	0.74	0.5	-0.35	0.53	0.8	0.5	0.56	0.67	0.68

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Canadian National Account Relationship Matchups

Canadian National fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	43.8B	44.8B	48.5B	50.7B	52.7B	30.5B
Short Long Term Debt Total	14.3B	13.2B	12.8B	15.8B	18.9B	19.8B
Other Current Liab	1.3B	1.3B	1.3B	1.3B	1.3B	901.6M
Total Current Liabilities	4.3B	3.3B	3.1B	3.8B	5.0B	2.6B
Total Stockholder Equity	18.0B	19.7B	22.7B	21.4B	20.1B	12.8B
Property Plant And Equipment Net	40.2B	40.5B	41.6B	44.0B	45.0B	27.0B
Net Debt	14.2B	12.6B	12.0B	15.4B	18.4B	19.3B
Retained Earnings	17.6B	19.2B	21.0B	19.5B	18.7B	9.7B
Accounts Payable	866M	780M	903M	954M	968M	595.6M
Cash	64M	569M	838M	328M	475M	257.7M
Non Current Assets Total	41.0B	41.7B	45.1B	47.4B	49.6B	28.5B
Non Currrent Assets Other	18M	22M	20M	2.4B	2.4B	2.5B
Cash And Short Term Investments	64M	569M	838M	328M	475M	257.7M
Net Receivables	1.2B	1.1B	1.1B	1.4B	1.3B	915.6M
Common Stock Shares Outstanding	722.6M	713M	710.3M	688.3M	659.1M	757.7M
Liabilities And Stockholders Equity	43.8B	44.8B	48.5B	50.7B	52.7B	30.5B
Non Current Liabilities Total	21.5B	21.9B	22.7B	25.4B	27.5B	15.1B
Inventory	611M	583M	589M	692M	699M	734.0M
Other Current Assets	418M	896M	925M	826M	615M	314.4M
Other Stockholder Equity	240M	379M	397M	381M	229M	217.6M
Total Liab	25.7B	25.2B	25.8B	29.3B	32.5B	17.8B
Property Plant And Equipment Gross	40.2B	40.5B	41.6B	44.0B	62.4B	65.6B
Total Current Assets	2.8B	3.1B	3.4B	3.2B	3.1B	2.0B
Accumulated Other Comprehensive Income	(3.5B)	(3.5B)	(2.2B)	(2.0B)	(2.3B)	(2.4B)
Short Term Debt	2.1B	1.0B	616M	1.2B	2.5B	2.6B
Other Liab	9.2B	9.6B	10.4B	10.7B	12.3B	12.9B
Net Tangible Assets	16.5B	18.1B	22.3B	19.7B	22.6B	23.7B
Other Assets	452M	900M	3.1B	3.4B	4.0B	4.2B
Long Term Debt	11.8B	12.0B	12.0B	14.4B	16.1B	8.2B
Common Stock Total Equity	3.8B	3.6B	3.7B	3.7B	3.3B	2.7B
Deferred Long Term Liab	67M	64M	59M	66M	59.4M	56.4M
Long Term Investments	84M	83M	119M	94M	402M	422.1M
Short Long Term Debt	1.9B	910M	508M	1.1B	2.3B	2.5B
Treasury Stock	(175M)	(163M)	(115M)	(103M)	(92.7M)	(88.1M)
Intangible Assets	152M	145M	139M	137M	1.7B	1.8B
Common Stock	3.7B	3.7B	3.7B	3.6B	3.5B	3.2B
Property Plant Equipment	38.9B	39.1B	41.6B	44.0B	50.6B	27.4B
Current Deferred Revenue	50M	115M	74M	12M	13M	12.4M

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When determining whether Canadian National Railway offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Canadian National's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Canadian National Railway Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Canadian National Railway Stock:

How To Invest In Canadian

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Is Canadian Stock a good investment?

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What is Canadian National's Net Worth?

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Canadian National Railway. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.

Is Ground Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Canadian National. If investors know Canadian will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Canadian National listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

0.018

Dividend Share

3.325

Earnings Share

6.04

Revenue Per Share

26.896

Quarterly Revenue Growth

0.031

The market value of Canadian National Railway is measured differently than its book value, which is the value of Canadian that is recorded on the company's balance sheet. Investors also form their own opinion of Canadian National's value that differs from its market value or its book value, called intrinsic value, which is Canadian National's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Canadian National's market value can be influenced by many factors that don't directly affect Canadian National's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Canadian National's value and its price as these two are different measures arrived at by different means. Investors typically determine if Canadian National is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Canadian National's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Canadian Net Debt vs Inventory Analysis

Net Debt vs Inventory

Net Debt vs Inventory Correlation Analysis

Correlation Coefficient

Net Debt

Inventory

Canadian National fundamental ratios Correlations

Canadian National Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Canadian National fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant And Equipment Net	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Total Liab	+ 1.0	Non Current Liabilities Total

Total Liab	- 0.96	Common Stock Shares Outstanding
Common Stock Shares Outstanding	- 0.96	Non Current Assets Total
Common Stock Shares Outstanding	- 0.96	Property Plant And Equipment Net
Common Stock Shares Outstanding	- 0.96	Total Assets
Non Current Liabilities Total	- 0.95	Common Stock Shares Outstanding
Common Stock Shares Outstanding	- 0.95	Total Stockholder Equity