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Canadian National Railway Co (Canadian National Railway Co) Debt-to-Revenue : 1.18 (As of Mar. 2024)


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What is Canadian National Railway Co Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

Canadian National Railway Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $2,221 Mil. Canadian National Railway Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $12,572 Mil. Canadian National Railway Co's annualized Revenue for the quarter that ended in Mar. 2024 was $12,556 Mil. Canadian National Railway Co's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 was 1.18.


Canadian National Railway Co Debt-to-Revenue Historical Data

The historical data trend for Canadian National Railway Co's Debt-to-Revenue 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 Debt-to-Revenue Chart

Canadian National Railway Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.96 0.96 0.89 0.93 1.12

Canadian National Railway Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Revenue 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 0.98 1.06 1.17 1.06 1.18

Competitive Comparison of Canadian National Railway Co's Debt-to-Revenue

For the Railroads subindustry, Canadian National Railway Co's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue 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's Debt-to-Revenue Distribution in the Transportation Industry

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

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



Canadian National Railway Co Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

Canadian National Railway Co's Debt-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(1831.395 + 12247.317) / 12543.232
=1.12

Canadian National Railway Co's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(2221.483 + 12572.4) / 12556.148
=1.18

* 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.

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Mar. 2024) Revenue data.


Canadian National Railway Co Debt-to-Revenue Related Terms

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

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