Canadian Net Tangible Assets from 2010 to 2024

CNI Stock  USD 124.12  1.90  1.51%   
Canadian National's Net Tangible Assets are increasing with slightly volatile movements from year to year. Net Tangible Assets are estimated to finish at about 23.7 B this year. Net Tangible Assets is the total assets of Canadian National Railway minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. View All Fundamentals
 
Net Tangible Assets  
First Reported
2000-03-31
Previous Quarter
20.5 B
Current Value
19.6 B
Quarterly Volatility
7.9 B
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Canadian National financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Canadian National's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1 B, Interest Expense of 758.1 M or Selling General Administrative of 2.6 B, as well as many indicators such as Price To Sales Ratio of 6.83, Dividend Yield of 0.0122 or PTB Ratio of 5.71. Canadian financial statements analysis is a perfect complement when working with Canadian National Valuation or Volatility modules.
  
Check out the analysis of Canadian National Correlation against competitors.

Latest Canadian National's Net Tangible Assets Growth Pattern

Below is the plot of the Net Tangible Assets of Canadian National Railway over the last few years. It is the total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. Canadian National's Net Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Canadian National's overall financial position and show how it may be relating to other accounts over time.
Net Tangible Assets10 Years Trend
Slightly volatile
   Net Tangible Assets   
       Timeline  

Canadian Net Tangible Assets Regression Statistics

Arithmetic Mean12,165,516,360
Geometric Mean0.00
Coefficient Of Variation75.71
Mean Deviation7,987,450,035
Median15,830,000,000
Standard Deviation9,210,129,751
Sample Variance84826490T
Range23.7B
R-Value0.94
Mean Square Error10748822.1T
R-Squared0.88
Slope1,934,495,295
Total Sum of Squares1187570860.3T

Canadian Net Tangible Assets History

202423.7 B
202322.6 B
202219.7 B
202122.3 B
202018.1 B
201916.5 B
201816.5 B

About Canadian National Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Canadian National income statement, its balance sheet, and the statement of cash flows. Canadian National investors use historical funamental indicators, such as Canadian National's Net Tangible Assets, to determine how well the company is positioned to perform in the future. Although Canadian National investors may use each financial statement separately, they are all related. The changes in Canadian National's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Canadian National's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Canadian National Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Canadian National. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Tangible Assets22.6 B23.7 B

Currently Active Assets on Macroaxis

Additional Information and Resources on Investing in Canadian Stock

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 the analysis of Canadian National Correlation against competitors.
You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
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
(0.06)
Dividend Share
3.215
Earnings Share
6.16
Revenue Per Share
25.759
Quarterly Revenue Growth
(0.01)
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.