Canadian Historical Balance Sheet

CNR Stock  CAD 144.11  0.08  0.06%   
Trend analysis of Canadian National Railway balance sheet accounts such as Short Long Term Debt Total of 22.8 B, Other Current Liabilities of 891.2 M or Total Current Liabilities of 2.7 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.
 
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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

756 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 Property Plant And Equipment Gross is very stable compared to the past year. As of the 27th of February 2025, Short Term Debt is likely to grow to about 3 B, while Total Assets are likely to drop about 31.6 B.

Total Assets

Total assets refers to the total amount of Canadian National assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Canadian National Railway books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

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.
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.
At this time, Canadian National's Property Plant And Equipment Gross is very stable compared to the past year. As of the 27th of February 2025, Short Term Debt is likely to grow to about 3 B, while Total Assets are likely to drop about 31.6 B.
 2022 2023 2024 2025 (projected)
Short and Long Term Debt Total15.8B18.9B21.7B22.8B
Total Assets50.7B52.7B57.1B31.6B

Canadian National balance sheet Correlations

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0.880.590.760.740.930.880.60.940.620.740.870.440.640.88-0.840.630.760.45-0.190.820.560.25-0.55-0.55-0.35
0.530.840.320.690.430.520.850.370.290.050.540.190.280.46-0.670.770.71-0.34-0.240.590.830.25-0.77-0.82-0.49
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Canadian National Account Relationship Matchups

Canadian National balance sheet Accounts

202020212022202320242025 (projected)
Total Assets44.8B48.5B50.7B52.7B57.1B31.6B
Short Long Term Debt Total13.2B12.8B15.8B18.9B21.7B22.8B
Other Current Liab1.1B1.2B1.3B1.3B1.5B891.2M
Total Current Liabilities3.3B3.1B3.8B5.0B4.0B2.7B
Total Stockholder Equity19.7B22.7B21.4B20.1B21.1B13.1B
Property Plant And Equipment Net40.5B41.6B44.0B45.0B48.4B27.9B
Net Debt12.6B12.0B15.4B18.4B20.5B21.5B
Retained Earnings19.2B21.0B19.5B18.7B18.4B10.1B
Accounts Payable780M903M954M968M1.0B566.8M
Cash569M838M328M475M389M263.3M
Non Current Assets Total41.7B45.1B47.4B49.6B54.4B29.5B
Non Currrent Assets Other22M20M2.4B3.3B12M11.4M
Cash And Short Term Investments569M838M328M475M546.3M573.6M
Net Receivables1.1B1.1B1.4B1.3B1.2B923.5M
Common Stock Shares Outstanding713M710.3M688.3M659.1M627.9M749.2M
Liabilities And Stockholders Equity44.8B48.5B50.7B52.7B60.6B30.5B
Non Current Liabilities Total21.9B22.7B25.4B27.5B32.0B33.6B
Inventory583M589M692M699M720M756M
Other Current Assets896M925M826M615M40M38M
Other Stockholder Equity264M294M211M229M206.1M195.8M
Total Liab25.2B25.8B29.3B32.5B36.0B18.5B
Property Plant And Equipment Gross40.5B41.6B44.0B62.4B67.4B70.8B
Total Current Assets3.1B3.4B3.2B3.1B2.6B2.1B
Accumulated Other Comprehensive Income(3.5B)(2.2B)(2.0B)(2.3B)(2.1B)(2.2B)
Short Term Debt1.0B616M1.2B2.5B2.8B3.0B
Common Stock3.7B3.7B3.6B3.5B3.2B3.2B
Current Deferred Revenue115M74M12M13M11.7M11.1M
Intangible Assets145M139M137M131M128M121.6M
Other Liab9.2B9.6B10.4B10.7B12.3B9.4B
Net Tangible Assets16.5B18.1B21.1B19.7B22.6B17.3B
Other Assets452M900M3.2B3.1B3.6B3.8B
Long Term Debt12.0B12.0B14.4B16.1B19.7B12.3B
Deferred Long Term Liab67M64M59M66M59.4M56.4M
Long Term Investments83M119M94M402M428M449.4M
Short Long Term Debt910M508M1.1B2.3B1.2B1.4B
Property Plant Equipment38.9B39.1B40.2B44.0B50.6B38.0B
Long Term Debt Total11.9B12.0B12.0B14.4B16.5B12.2B
Capital Surpluse403M379M397M381M342.9M304.9M

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

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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 CorrelationCorrelation 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:
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 Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
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.