Canadian Property Plant And Equipment Net vs Other Liab Analysis
CNI Stock | USD 111.26 1.62 1.48% |
Canadian National financial indicator trend analysis is way more than just evaluating Canadian National Railway prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Canadian National Railway is a good investment. Please check the relationship between Canadian National Property Plant And Equipment Net and its Other Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Canadian National Railway. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Property Plant And Equipment Net vs Other Liab
Property Plant And Equipment Net vs Other Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Canadian National Railway Property Plant And Equipment Net account and Other Liab. At this time, the significance of the direction appears to have strong relationship.
The correlation between Canadian National's Property Plant And Equipment Net and Other Liab is 0.7. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Other Liab in the same time period over historical financial statements of Canadian National Railway, assuming nothing else is changed. The correlation between historical values of Canadian National's Property Plant And Equipment Net and Other Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Canadian National Railway are associated (or correlated) with its Other Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Liab has no effect on the direction of Property Plant And Equipment Net i.e., Canadian National's Property Plant And Equipment Net and Other Liab go up and down completely randomly.
Correlation Coefficient | 0.7 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.Other Liab
Most indicators from Canadian National's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Canadian National Railway current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Canadian National Railway. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. The Canadian National's current Enterprise Value is estimated to increase to about 30.1 B, while Selling General Administrative is projected to decrease to under 455.1 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 6.1B | 7.4B | 7.2B | 5.5B | Total Revenue | 14.5B | 17.1B | 16.8B | 10.2B |
Canadian National fundamental ratios Correlations
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Canadian National Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Canadian National fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 43.8B | 44.8B | 48.5B | 50.7B | 52.7B | 30.5B | |
Short Long Term Debt Total | 14.3B | 13.2B | 12.8B | 15.8B | 18.9B | 19.8B | |
Other Current Liab | 1.3B | 1.3B | 1.3B | 1.3B | 1.3B | 901.1M | |
Total Current Liabilities | 4.3B | 3.3B | 3.1B | 3.8B | 5.0B | 2.6B | |
Total Stockholder Equity | 18.0B | 19.7B | 22.7B | 21.4B | 20.1B | 12.8B | |
Property Plant And Equipment Net | 40.2B | 40.5B | 41.6B | 44.0B | 45.0B | 27.0B | |
Net Debt | 14.2B | 12.6B | 12.0B | 15.4B | 18.4B | 19.3B | |
Retained Earnings | 17.6B | 19.2B | 21.0B | 19.5B | 18.7B | 9.7B | |
Accounts Payable | 866M | 780M | 903M | 954M | 968M | 595.6M | |
Cash | 64M | 569M | 838M | 328M | 475M | 257.7M | |
Non Current Assets Total | 41.0B | 41.7B | 45.1B | 47.4B | 49.6B | 28.5B | |
Non Currrent Assets Other | 18M | 22M | 20M | 2.4B | 2.4B | 2.5B | |
Cash And Short Term Investments | 64M | 569M | 838M | 328M | 475M | 257.7M | |
Net Receivables | 1.2B | 1.1B | 1.1B | 1.4B | 1.3B | 915.6M | |
Common Stock Shares Outstanding | 722.6M | 713M | 710.3M | 688.3M | 659.1M | 757.7M | |
Liabilities And Stockholders Equity | 43.8B | 44.8B | 48.5B | 50.7B | 52.7B | 30.5B | |
Non Current Liabilities Total | 21.5B | 21.9B | 22.7B | 25.4B | 27.5B | 15.1B | |
Inventory | 611M | 583M | 589M | 692M | 699M | 734.0M | |
Other Current Assets | 418M | 896M | 925M | 826M | 615M | 314.4M | |
Other Stockholder Equity | 240M | 379M | 397M | 381M | 229M | 217.6M | |
Total Liab | 25.7B | 25.2B | 25.8B | 29.3B | 32.5B | 17.8B | |
Property Plant And Equipment Gross | 40.2B | 40.5B | 41.6B | 44.0B | 62.4B | 65.6B | |
Total Current Assets | 2.8B | 3.1B | 3.4B | 3.2B | 3.1B | 2.0B | |
Accumulated Other Comprehensive Income | (3.5B) | (3.5B) | (2.2B) | (2.0B) | (2.3B) | (2.4B) | |
Short Term Debt | 2.1B | 1.0B | 616M | 1.2B | 2.5B | 2.6B | |
Other Liab | 9.2B | 9.6B | 10.4B | 10.7B | 12.3B | 12.9B | |
Net Tangible Assets | 16.5B | 18.1B | 22.3B | 19.7B | 22.6B | 23.7B | |
Other Assets | 452M | 900M | 3.1B | 3.4B | 4.0B | 4.2B | |
Long Term Debt | 11.8B | 12.0B | 12.0B | 14.4B | 16.1B | 8.2B | |
Common Stock Total Equity | 3.8B | 3.6B | 3.7B | 3.7B | 3.3B | 2.7B | |
Deferred Long Term Liab | 67M | 64M | 59M | 66M | 59.4M | 56.4M | |
Long Term Investments | 84M | 83M | 119M | 94M | 402M | 422.1M | |
Short Long Term Debt | 1.9B | 910M | 508M | 1.1B | 2.3B | 2.5B | |
Treasury Stock | (175M) | (163M) | (115M) | (103M) | (92.7M) | (88.1M) | |
Intangible Assets | 152M | 145M | 139M | 137M | 131M | 228.6M | |
Common Stock | 3.7B | 3.7B | 3.7B | 3.6B | 3.5B | 3.2B | |
Property Plant Equipment | 38.9B | 39.1B | 41.6B | 44.0B | 50.6B | 27.4B | |
Current Deferred Revenue | 50M | 115M | 74M | 12M | 13M | 12.4M |
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When determining whether Canadian National Railway offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Canadian National's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Canadian National Railway Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Canadian National Railway Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Canadian National Railway. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Is Ground Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Canadian National. If investors know Canadian will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Canadian National listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.018 | Dividend Share 3.325 | Earnings Share 6.01 | Revenue Per Share 26.896 | Quarterly Revenue Growth 0.031 |
The market value of Canadian National Railway is measured differently than its book value, which is the value of Canadian that is recorded on the company's balance sheet. Investors also form their own opinion of Canadian National's value that differs from its market value or its book value, called intrinsic value, which is Canadian National's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Canadian National's market value can be influenced by many factors that don't directly affect Canadian National's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Canadian National's value and its price as these two are different measures arrived at by different means. Investors typically determine if Canadian National is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Canadian National's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.