Canadian Other Liab vs Non Current Liabilities Total Analysis

CNI Stock  USD 111.24  2.04  1.87%   
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 Other Liab and its Non Current Liabilities Total 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.

Other Liab vs Non Current Liabilities Total

Other Liab vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Canadian National Railway Other Liab account and Non Current Liabilities Total. At this time, the significance of the direction appears to have strong relationship.
The correlation between Canadian National's Other Liab and Non Current Liabilities Total is 0.69. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Non Current Liabilities Total 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 Other Liab and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Liab of Canadian National Railway are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Other Liab i.e., Canadian National's Other Liab and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

0.69
Relationship DirectionPositive 
Relationship StrengthSignificant

Other Liab

Non Current Liabilities Total

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 30.1 B, while Selling General Administrative is projected to decrease to under 455.1 M.
 2021 2022 2023 2024 (projected)
Gross Profit6.1B7.4B7.2B5.5B
Total Revenue14.5B17.1B16.8B10.2B

Canadian National fundamental ratios Correlations

0.770.740.840.981.00.770.980.390.561.00.310.560.92-0.960.990.760.56-0.50.990.720.930.470.710.740.52
0.770.540.740.730.761.00.680.350.430.780.70.430.78-0.890.780.940.45-0.480.790.980.690.790.880.870.78
0.740.540.690.750.750.540.750.150.350.750.110.350.68-0.760.710.560.33-0.90.730.480.680.420.440.540.31
0.840.740.690.780.830.740.780.540.30.840.380.30.85-0.860.820.740.44-0.540.870.670.740.730.720.70.46
0.980.730.750.780.980.720.990.40.620.980.230.620.88-0.950.960.740.6-0.50.950.670.940.390.690.740.5
1.00.760.750.830.980.760.980.370.521.00.270.520.91-0.960.990.740.52-0.50.990.70.910.470.70.730.46
0.771.00.540.740.720.760.680.340.390.770.70.390.78-0.880.780.930.42-0.480.790.980.670.80.870.860.77
0.980.680.750.780.990.980.680.410.590.970.160.590.88-0.930.950.70.59-0.480.940.620.940.360.670.710.4
0.390.350.150.540.40.370.340.410.440.380.320.440.59-0.410.350.60.690.060.380.270.60.160.580.580.28
0.560.430.350.30.620.520.390.590.440.550.211.00.41-0.530.530.530.81-0.210.510.440.740.00.530.550.55
1.00.780.750.840.981.00.770.970.380.550.310.550.91-0.960.990.750.55-0.50.990.720.920.480.710.740.52
0.310.70.110.380.230.270.70.160.320.210.310.210.47-0.420.360.660.34-0.150.370.710.280.540.570.530.84
0.560.430.350.30.620.520.390.590.441.00.550.210.41-0.530.530.530.81-0.210.510.440.740.00.530.550.55
0.920.780.680.850.880.910.780.880.590.410.910.470.41-0.90.910.820.55-0.410.920.70.890.470.710.740.5
-0.96-0.89-0.76-0.86-0.95-0.96-0.88-0.93-0.41-0.53-0.96-0.42-0.53-0.9-0.95-0.87-0.550.6-0.96-0.84-0.88-0.63-0.83-0.86-0.61
0.990.780.710.820.960.990.780.950.350.530.990.360.530.91-0.950.740.52-0.471.00.730.90.470.690.710.53
0.760.940.560.740.740.740.930.70.60.530.750.660.530.82-0.870.740.65-0.460.750.890.790.680.910.930.74
0.560.450.330.440.60.520.420.590.690.810.550.340.810.55-0.550.520.65-0.150.520.380.790.070.590.620.5
-0.5-0.48-0.9-0.54-0.5-0.5-0.48-0.480.06-0.21-0.5-0.15-0.21-0.410.6-0.47-0.46-0.15-0.49-0.45-0.39-0.54-0.4-0.46-0.35
0.990.790.730.870.950.990.790.940.380.510.990.370.510.92-0.961.00.750.52-0.490.740.890.520.710.720.53
0.720.980.480.670.670.70.980.620.270.440.720.710.440.7-0.840.730.890.38-0.450.740.620.780.840.830.8
0.930.690.680.740.940.910.670.940.60.740.920.280.740.89-0.880.90.790.79-0.390.890.620.280.710.750.5
0.470.790.420.730.390.470.80.360.160.00.480.540.00.47-0.630.470.680.07-0.540.520.780.280.690.620.56
0.710.880.440.720.690.70.870.670.580.530.710.570.530.71-0.830.690.910.59-0.40.710.840.710.690.940.67
0.740.870.540.70.740.730.860.710.580.550.740.530.550.74-0.860.710.930.62-0.460.720.830.750.620.940.68
0.520.780.310.460.50.460.770.40.280.550.520.840.550.5-0.610.530.740.5-0.350.530.80.50.560.670.68
Click cells to compare fundamentals

Canadian National Account Relationship Matchups

Canadian National fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets43.8B44.8B48.5B50.7B52.7B30.5B
Short Long Term Debt Total14.3B13.2B12.8B15.8B18.9B19.8B
Other Current Liab1.3B1.3B1.3B1.3B1.3B901.6M
Total Current Liabilities4.3B3.3B3.1B3.8B5.0B2.6B
Total Stockholder Equity18.0B19.7B22.7B21.4B20.1B12.8B
Property Plant And Equipment Net40.2B40.5B41.6B44.0B45.0B27.0B
Net Debt14.2B12.6B12.0B15.4B18.4B19.3B
Retained Earnings17.6B19.2B21.0B19.5B18.7B9.7B
Accounts Payable866M780M903M954M968M595.6M
Cash64M569M838M328M475M257.7M
Non Current Assets Total41.0B41.7B45.1B47.4B49.6B28.5B
Non Currrent Assets Other18M22M20M2.4B2.4B2.5B
Cash And Short Term Investments64M569M838M328M475M257.7M
Net Receivables1.2B1.1B1.1B1.4B1.3B915.6M
Common Stock Shares Outstanding722.6M713M710.3M688.3M659.1M757.7M
Liabilities And Stockholders Equity43.8B44.8B48.5B50.7B52.7B30.5B
Non Current Liabilities Total21.5B21.9B22.7B25.4B27.5B15.1B
Inventory611M583M589M692M699M734.0M
Other Current Assets418M896M925M826M615M314.4M
Other Stockholder Equity240M379M397M381M229M217.6M
Total Liab25.7B25.2B25.8B29.3B32.5B17.8B
Property Plant And Equipment Gross40.2B40.5B41.6B44.0B62.4B65.6B
Total Current Assets2.8B3.1B3.4B3.2B3.1B2.0B
Accumulated Other Comprehensive Income(3.5B)(3.5B)(2.2B)(2.0B)(2.3B)(2.4B)
Short Term Debt2.1B1.0B616M1.2B2.5B2.6B
Other Liab9.2B9.6B10.4B10.7B12.3B12.9B
Net Tangible Assets16.5B18.1B22.3B19.7B22.6B23.7B
Other Assets452M900M3.1B3.4B4.0B4.2B
Long Term Debt11.8B12.0B12.0B14.4B16.1B8.2B
Common Stock Total Equity3.8B3.6B3.7B3.7B3.3B2.7B
Deferred Long Term Liab67M64M59M66M59.4M56.4M
Long Term Investments84M83M119M94M402M422.1M
Short Long Term Debt1.9B910M508M1.1B2.3B2.5B
Treasury Stock(175M)(163M)(115M)(103M)(92.7M)(88.1M)
Intangible Assets152M145M139M137M1.7B1.8B
Common Stock3.7B3.7B3.7B3.6B3.5B3.2B
Property Plant Equipment38.9B39.1B41.6B44.0B50.6B27.4B
Current Deferred Revenue50M115M74M12M13M12.4M

Currently Active Assets on Macroaxis

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:
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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
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.