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Canadian Natural Resources (TSX:CNQ) Debt-to-Asset : 0.13 (As of Sep. 2024)


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What is Canadian Natural Resources Debt-to-Asset?

Canadian Natural Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was C$1,618 Mil. Canadian Natural Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was C$8,411 Mil. Canadian Natural Resources's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2024 was C$75,081 Mil. Canadian Natural Resources's debt to asset for the quarter that ended in Sep. 2024 was 0.13.


Canadian Natural Resources Debt-to-Asset Historical Data

The historical data trend for Canadian Natural Resources's Debt-to-Asset 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 Debt-to-Asset Chart

Canadian Natural Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.27 0.29 0.19 0.15 0.14

Canadian Natural Resources Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.15 0.14 0.15 0.13 0.13

Competitive Comparison of Canadian Natural Resources's Debt-to-Asset

For the Oil & Gas E&P subindustry, Canadian Natural Resources's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Canadian Natural Resources's Debt-to-Asset Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Canadian Natural Resources's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Canadian Natural Resources's Debt-to-Asset falls into.



Canadian Natural Resources Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Canadian Natural Resources's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Canadian Natural Resources's Debt-to-Asset for the quarter that ended in Sep. 2024 is calculated as

* 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.


Canadian Natural Resources  (TSX:CNQ) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.


Canadian Natural Resources Debt-to-Asset Related Terms

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


Canadian Natural Resources Business Description

Traded in Other Exchanges
Address
855 - 2nd Street South West, Suite 2100, Corporate Resources, Calgary, AB, CAN, T2P 4J8
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 exploring, developing, producing, and marketing 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.
Executives
Dwayne Frederick Giggs Senior Officer
Ronald Keith Laing Senior Officer
Devin Craig Lowe Senior Officer
Trevor Wagil Senior Officer
Scott Gerald Stauth Senior Officer
Warren Paul Raczynski Senior Officer
Jay Ellery Froc Senior Officer
Roy Douglas Roth Senior Officer
Calvin John Bast Senior Officer
Erin Louise Lunn Senior Officer
Timothy Shawn Mckay Senior Officer
Stephen W. Laut Director
Kyle Grayson Pisio Senior Officer
Troy John Peter Andersen Senior Officer
Norman Murray Edwards Director, Senior Officer