Canadian Natural Resources (Canadian Natural Resources) Total Assets : $56,615 Mil (As of Dec. 2023)

View and export this data going back to 2000. Start your Free Trial

What is Canadian Natural Resources Total Assets?

Canadian Natural Resources's Total Assets for the quarter that ended in Dec. 2023 was $56,615 Mil.

During the past 12 months, Canadian Natural Resources's average Total Assets Growth Rate was -0.20% per year. During the past 3 years, the average Total Assets Growth Rate was -0.10% per year. During the past 5 years, the average Total Assets Growth Rate was 0.40% per year. During the past 10 years, the average Total Assets Growth Rate was 3.80% per year.

During the past 13 years, Canadian Natural Resources's highest 3-Year average Total Assets Growth Rate was 67.80%. The lowest was -1.20%. And the median was 9.35%.

Total Assets is connected with ROA %. Canadian Natural Resources's annualized ROA % for the quarter that ended in Dec. 2023 was 13.86%. Total Assets is also linked to Revenue through Asset Turnover. Canadian Natural Resources's Asset Turnover for the quarter that ended in Dec. 2023 was 0.14.

Canadian Natural Resources Total Assets Historical Data

The historical data trend for Canadian Natural Resources'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 Natural Resources Total Assets Chart

Canadian Natural Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

Get a 7-Day Free Trial

59,321.89

58,768.05

59,894.53

56,048.58

56,615.24

Canadian Natural Resources Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Assets	Get a 7-Day Free Trial															56,048.58	55,002.56	56,570.07	56,398.64	56,615.24

Canadian Natural Resources 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 Natural Resources'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 )
	=	29689.922	+	26925.313
	=	56,615

Canadian Natural Resources'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 )
	=	29689.922	+	26925.313
	=	56,615

Canadian Natural Resources (NYSE:CNQ) Total Assets Explanation

Total Assets is connected with ROA %.

Canadian Natural Resources'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 )
	=	7832.44	/	( (56398.64	+	56615.236)	/ 2 )
	=	7832.44	/	56506.938
	=	13.86 %

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 Natural Resources'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 )
=	7959.899	/	( (56398.64	+	56615.236)	/ 2 )
=	7959.899	/	56506.938
=	0.14

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 Natural Resources Total Assets Related Terms

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

Canadian Natural Resources (Canadian Natural Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Canadian Natural Resources Ltd (NYSE:CNQ) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

CRC:Germany CRC:Germany CNQ:Canada

Address

855 - 2nd Street South West, Suite 2100, Calgary, AB, CAN, T2P 4J8

Website

https://www.cnrl.com

Canadian Natural Resources Ltd is an independent crude oil and natural gas exploration, development, and production company. The Company's exploration and production operations are focused in North America, largely in Western Canada; the United Kingdom (UK) portion of the North Sea, and Cote d'Ivoire and South Africa in Offshore Africa. The Company's exploration and production activities are conducted in three geographic segments: North America, the North Sea, and Offshore Africa. These activities include the exploration, development, production, and marketing of crude oil, natural gas liquids, and natural gas. The company has two divisions; Oil Sands Mining and Upgrading Midstream and Refining. It derives a majority of its revenue from North America.