Canadian National Railway Co (Canadian National Railway Co) Equity-to-Asset

: 0.38 (As of Dec. 2023)

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

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Canadian National Railway Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $14,995 Mil. Canadian National Railway Co's Total Assets for the quarter that ended in Dec. 2023 was $39,256 Mil. Therefore, Canadian National Railway Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.38.

The historical rank and industry rank for Canadian National Railway Co's Equity-to-Asset or its related term are showing as below:

CNI' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.38 Med: 0.42 Max: 0.47
Current: 0.38

During the past 13 years, the highest Equity to Asset Ratio of Canadian National Railway Co was 0.47. The lowest was 0.38. And the median was 0.42.

CNI's Equity-to-Asset is ranked worse than
64.76% of 979 companies
in the Transportation industry
Industry Median: 0.49 vs CNI: 0.38

Canadian National Railway Co Equity-to-Asset Historical Data

The historical data trend for Canadian National Railway Co's Equity-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 National Railway Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

0.41

0.44

0.47

0.42

0.38

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
Equity-to-Asset																0.42	0.41	0.40	0.38	0.38

Competitive Comparison

For the Railroads subindustry, Canadian National Railway Co's Equity-to-Asset, along with its competitors' market caps and Equity-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 National Railway Co Equity-to-Asset Distribution

For the Transportation industry and Industrials sector, Canadian National Railway Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Canadian National Railway Co's Equity-to-Asset falls into.

Canadian National Railway Co Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Canadian National Railway Co's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	14994.782	/	39256.112
	=	0.38

Canadian National Railway Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	14994.782	/	39256.112
	=	0.38

Canadian National Railway Co (NYSE:CNI) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.

Canadian National Railway Co Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Canadian National Railway Co's Equity-to-Asset 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 » Equity-to-Asset

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.