Canadian National Railway Co (Canadian National Railway Co) Total Assets

: $39,256 Mil (As of Dec. 2023)

View and export this data going back to 1995. Start your Free Trial

Canadian National Railway Co's Total Assets for the quarter that ended in Dec. 2023 was $39,256 Mil.

During the past 12 months, Canadian National Railway Co's average Total Assets Growth Rate was 3.70% per year. During the past 3 years, the average Total Assets Growth Rate was 5.70% per year. During the past 5 years, the average Total Assets Growth Rate was 5.00% per year. During the past 10 years, the average Total Assets Growth Rate was 5.60% per year.

During the past 13 years, Canadian National Railway Co's highest 3-Year average Total Assets Growth Rate was 33.80%. The lowest was -0.50%. And the median was 5.65%.

Total Assets is connected with ROA %. Canadian National Railway Co's annualized ROA % for the quarter that ended in Dec. 2023 was 16.34%. Total Assets is also linked to Revenue through Asset Turnover. Canadian National Railway Co's Asset Turnover for the quarter that ended in Dec. 2023 was 0.09.

Canadian National Railway Co Total Assets Historical Data

The historical data trend for Canadian National Railway Co's Total Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Canadian National Railway Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

33,247.78

34,978.53

37,920.31

37,292.60

39,256.11

Canadian National Railway Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Assets																37,292.60	37,201.64	38,292.94	38,496.05	39,256.11

Canadian National Railway Co Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Canadian National Railway Co's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (A: Dec. 2023 )	+	Total Liabilities (A: Dec. 2023 )
	=	14994.782	+	24261.33
	=	39,256

Canadian National Railway Co's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	14994.782	+	24261.33
	=	39,256

Canadian National Railway Co (NYSE:CNI) Total Assets Explanation

Total Assets is connected with ROA %.

Canadian National Railway Co's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	6350.628	/	( (38496.046	+	39256.112)	/ 2 )
	=	6350.628	/	38876.079
	=	16.34 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Canadian National Railway Co's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	3332.588	/	( (38496.046	+	39256.112)	/ 2 )
=	3332.588	/	38876.079
=	0.09

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Canadian National Railway Co Total Assets Related Terms

Thank you for viewing the detailed overview of Canadian National Railway Co's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Canadian National Railway Co (Canadian National Railway Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Canadian National Railway Co (NYSE:CNI) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

CNI:Mexico CY2:Germany CY2:Germany CNR:Canada CNIC34:Brazil

Address

935 de La Gauchetiere Street West, Montreal, QC, CAN, H3B 2M9

Website

https://www.cn.ca

Canadian National's railway spans Canada from coast to coast and extends through Chicago to the Gulf of Mexico. In 2022, CN generated roughly CAD 17.1 billion in revenue by hauling intermodal containers (29% of consolidated revenue), petroleum and chemicals (19%), grain and fertilizers (16%), forest products (12%), metals and mining (11%), automotive shipments (5%), and coal (5%). Other items constitute the remaining revenue.