Canadian Historical Balance Sheet

CNR Stock

CAD 152.52 3.09 2.07%

Trend analysis of Canadian National Railway balance sheet accounts such as Short Long Term Debt Total of 19.8 B, Other Current Liabilities of 1.7 B or Total Current Liabilities of 2.6 B provides information on Canadian National's total assets, liabilities, and equity, which is the actual value of Canadian National Railway to its prevalent stockholders. By breaking down trends over time using Canadian National balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining Canadian National Railway latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Canadian National Railway is a good buy for the upcoming year.

Canadian National Inventory

733.95 Million

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.

About Canadian Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Canadian National Railway at a specified time, usually calculated after every quarter, six months, or one year. Canadian National Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Canadian National and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Canadian currently owns. An asset can also be divided into two categories, current and non-current.

Canadian National Balance Sheet Chart

At this time, Canadian National's Inventory is very stable compared to the past year. As of the 22nd of November 2024, Property Plant And Equipment Gross is likely to grow to about 65.6 B, while Total Assets are likely to drop about 30.5 B.

Short Long Term Debt Total Total Current Liabilities Total Stockholder Equity Liabilities And Stockholders Equity

Add Fundamental

Total Current Liabilities

Total Current Liabilities is an item on Canadian National balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Canadian National Railway are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Liabilities And Stockholders Equity

The total of all liabilities and equity in the company, which should equal the company's total assets according to the accounting equation.

Most accounts from Canadian National's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts 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 balance sheet accounts, 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.

	2021	2022	2023	2024 (projected)
Short and Long Term Debt Total	12.8B	15.8B	18.9B	19.8B
Total Assets	48.5B	50.7B	52.7B	30.5B

Short Long Term Debt Total Total Assets

Canadian National balance sheet 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	Common Stock Total Equity	Common Stock	Current Deferred Revenue
Total Assets		0.77	-0.02	0.84	0.98	1.0	0.77	0.98	0.53	0.56	1.0	0.29	0.56	0.92	-0.96	0.99	0.76	0.08	-0.59	0.99	0.72	0.93	0.43	-0.74	-0.69	-0.25
Short Long Term Debt Total	0.77		0.35	0.74	0.73	0.76	1.0	0.68	0.42	0.43	0.78	0.72	0.43	0.78	-0.89	0.78	0.94	-0.17	-0.49	0.79	0.98	0.69	0.76	-0.94	-0.94	-0.41
Other Current Liab	-0.02	0.35		0.29	-0.12	0.0	0.37	-0.13	-0.63	-0.41	0.0	0.36	-0.41	0.05	-0.13	0.02	0.17	-0.57	-0.3	0.06	0.4	-0.24	0.73	-0.46	-0.41	-0.22
Total Current Liabilities	0.84	0.74	0.29		0.78	0.83	0.74	0.78	0.3	0.3	0.84	0.38	0.3	0.85	-0.86	0.82	0.74	0.1	-0.42	0.87	0.67	0.74	0.71	-0.7	-0.62	-0.44
Total Stockholder Equity	0.98	0.73	-0.12	0.78		0.98	0.72	0.99	0.61	0.62	0.98	0.2	0.62	0.88	-0.95	0.96	0.74	0.16	-0.58	0.95	0.67	0.94	0.35	-0.69	-0.66	-0.24
Property Plant And Equipment Net	1.0	0.76	0.0	0.83	0.98		0.76	0.98	0.5	0.52	1.0	0.24	0.52	0.91	-0.96	0.99	0.74	0.08	-0.61	0.99	0.7	0.91	0.43	-0.73	-0.69	-0.21
Net Debt	0.77	1.0	0.37	0.74	0.72	0.76		0.68	0.4	0.39	0.77	0.72	0.39	0.78	-0.88	0.78	0.93	-0.18	-0.49	0.79	0.98	0.67	0.78	-0.95	-0.94	-0.4
Retained Earnings	0.98	0.68	-0.13	0.78	0.99	0.98	0.68		0.58	0.59	0.97	0.14	0.59	0.88	-0.93	0.95	0.7	0.19	-0.59	0.94	0.62	0.94	0.32	-0.64	-0.61	-0.2
Accounts Payable	0.53	0.42	-0.63	0.3	0.61	0.5	0.4	0.58		0.76	0.52	0.27	0.76	0.54	-0.52	0.48	0.63	0.53	-0.03	0.46	0.35	0.75	-0.1	-0.26	-0.32	-0.36
Cash	0.56	0.43	-0.41	0.3	0.62	0.52	0.39	0.59	0.76		0.55	0.22	1.0	0.41	-0.53	0.53	0.53	0.26	-0.17	0.51	0.44	0.74	-0.04	-0.35	-0.32	-0.32
Non Current Assets Total	1.0	0.78	0.0	0.84	0.98	1.0	0.77	0.97	0.52	0.55		0.29	0.55	0.91	-0.96	0.99	0.75	0.07	-0.6	0.99	0.72	0.92	0.44	-0.74	-0.7	-0.24
Non Currrent Assets Other	0.29	0.72	0.36	0.38	0.2	0.24	0.72	0.14	0.27	0.22	0.29		0.22	0.43	-0.41	0.34	0.66	-0.41	-0.09	0.35	0.75	0.25	0.58	-0.62	-0.6	-0.39
Cash And Short Term Investments	0.56	0.43	-0.41	0.3	0.62	0.52	0.39	0.59	0.76	1.0	0.55	0.22		0.41	-0.53	0.53	0.53	0.26	-0.17	0.51	0.44	0.74	-0.04	-0.35	-0.32	-0.32
Net Receivables	0.92	0.78	0.05	0.85	0.88	0.91	0.78	0.88	0.54	0.41	0.91	0.43	0.41		-0.9	0.91	0.82	0.11	-0.47	0.92	0.7	0.89	0.44	-0.69	-0.66	-0.29
Common Stock Shares Outstanding	-0.96	-0.89	-0.13	-0.86	-0.95	-0.96	-0.88	-0.93	-0.52	-0.53	-0.96	-0.41	-0.53	-0.9		-0.95	-0.87	-0.03	0.61	-0.96	-0.84	-0.88	-0.6	0.86	0.83	0.38
Non Current Liabilities Total	0.99	0.78	0.02	0.82	0.96	0.99	0.78	0.95	0.48	0.53	0.99	0.34	0.53	0.91	-0.95		0.74	0.0	-0.59	1.0	0.73	0.9	0.44	-0.75	-0.7	-0.22
Inventory	0.76	0.94	0.17	0.74	0.74	0.74	0.93	0.7	0.63	0.53	0.75	0.66	0.53	0.82	-0.87	0.74		0.12	-0.34	0.75	0.89	0.79	0.64	-0.86	-0.87	-0.55
Other Current Assets	0.08	-0.17	-0.57	0.1	0.16	0.08	-0.18	0.19	0.53	0.26	0.07	-0.41	0.26	0.11	-0.03	0.0	0.12		0.33	0.02	-0.3	0.33	-0.27	0.22	0.17	-0.31
Other Stockholder Equity	-0.59	-0.49	-0.3	-0.42	-0.58	-0.61	-0.49	-0.59	-0.03	-0.17	-0.6	-0.09	-0.17	-0.47	0.61	-0.59	-0.34	0.33		-0.58	-0.49	-0.41	-0.36	0.49	0.5	0.12
Total Liab	0.99	0.79	0.06	0.87	0.95	0.99	0.79	0.94	0.46	0.51	0.99	0.35	0.51	0.92	-0.96	1.0	0.75	0.02	-0.58		0.74	0.89	0.48	-0.76	-0.7	-0.25
Property Plant And Equipment Gross	0.72	0.98	0.4	0.67	0.67	0.7	0.98	0.62	0.35	0.44	0.72	0.75	0.44	0.7	-0.84	0.73	0.89	-0.3	-0.49	0.74		0.62	0.75	-0.94	-0.92	-0.35
Total Current Assets	0.93	0.69	-0.24	0.74	0.94	0.91	0.67	0.94	0.75	0.74	0.92	0.25	0.74	0.89	-0.88	0.9	0.79	0.33	-0.41	0.89	0.62		0.23	-0.61	-0.58	-0.33
Short Term Debt	0.43	0.76	0.73	0.71	0.35	0.43	0.78	0.32	-0.1	-0.04	0.44	0.58	-0.04	0.44	-0.6	0.44	0.64	-0.27	-0.36	0.48	0.75	0.23		-0.77	-0.74	-0.45
Common Stock Total Equity	-0.74	-0.94	-0.46	-0.7	-0.69	-0.73	-0.95	-0.64	-0.26	-0.35	-0.74	-0.62	-0.35	-0.69	0.86	-0.75	-0.86	0.22	0.49	-0.76	-0.94	-0.61	-0.77		0.98	0.39
Common Stock	-0.69	-0.94	-0.41	-0.62	-0.66	-0.69	-0.94	-0.61	-0.32	-0.32	-0.7	-0.6	-0.32	-0.66	0.83	-0.7	-0.87	0.17	0.5	-0.7	-0.92	-0.58	-0.74	0.98		0.41
Current Deferred Revenue	-0.25	-0.41	-0.22	-0.44	-0.24	-0.21	-0.4	-0.2	-0.36	-0.32	-0.24	-0.39	-0.32	-0.29	0.38	-0.22	-0.55	-0.31	0.12	-0.25	-0.35	-0.33	-0.45	0.39	0.41

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Canadian National Account Relationship Matchups

Canadian National balance sheet 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	(115M)	(74M)	(12M)	1.6B	1.7B
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	2.4B	2.6B	2.8B	968M	1.2B
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	3.3B	3.4B
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	365M	422M	320M	33M	31.4M
Other Stockholder Equity	240M	264M	294M	211M	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	910M	508M	1.1B	2.5B	2.6B
Common Stock Total Equity	3.8B	3.6B	3.7B	3.7B	3.3B	3.3B
Common Stock	3.7B	3.7B	3.7B	3.6B	3.5B	3.2B
Current Deferred Revenue	50M	115M	74M	12M	13M	12.4M
Intangible Assets	152M	145M	139M	137M	131M	124.5M
Other Liab	9.2B	9.6B	10.4B	10.7B	12.3B	9.4B
Net Tangible Assets	16.5B	18.1B	21.1B	19.7B	22.6B	17.3B
Other Assets	452M	900M	3.2B	3.1B	3.6B	3.8B
Long Term Debt	11.8B	12.0B	12.0B	14.4B	16.1B	11.5B
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	1.4B
Property Plant Equipment	38.9B	39.1B	40.2B	44.0B	50.6B	38.0B
Long Term Debt Total	11.9B	12.0B	12.0B	14.4B	16.5B	12.2B
Capital Surpluse	403M	379M	397M	381M	342.9M	304.9M

Pair Trading with Canadian National

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Canadian National position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Canadian National will appreciate offsetting losses from the drop in the long position's value.

Moving against Canadian Stock

0.58	GOOG	Alphabet CDR	Pair Corr
0.49	JPM	JPMorgan Chase	Pair Corr
0.48	BOFA	Bank of America	Pair Corr
0.44	WMT	Walmart Inc CDR	Pair Corr
0.36	AMZN	Amazon CDR	Pair Corr

The ability to find closely correlated positions to Canadian National could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Canadian National when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Canadian National - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Canadian National Railway to buy it.

The correlation of Canadian National is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Canadian National moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Canadian National Railway moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Canadian National can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

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:

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Is Canadian Stock a good investment?

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You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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Canadian Historical Balance Sheet

Canadian National Inventory

733.95 Million

About Canadian Balance Sheet Analysis

Canadian National Balance Sheet Chart

Total Current Liabilities

Total Stockholder Equity

Liabilities And Stockholders Equity

Canadian National balance sheet Correlations

Canadian National Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Canadian National balance sheet Accounts

Pair Trading with Canadian National

Moving against Canadian Stock

COMMON DESTINATIONS

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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 Total Equity	- 0.95	Net Debt