Canadian Natural Resources Ltd. (CNQ)

Corporate profile
Basic information about Canadian Natural Resources Ltd.

Financial Statements

Income Statement
The income statement (statement of earnings) reports on the performance of Canadian Natural Resources Ltd., the result of its operating activities.

Statement of Comprehensive Income
Comprehensive income is the change in equity (net assets) of Canadian Natural Resources Ltd. during a period from transactions and other events and circumstances from non-owners sources. It includes all changes in equity during a period except those resulting from investments by owners and distributions to owners.

Statement of Financial Position, Assets
The assets reports major classes and amounts of resources owned or controlled by Canadian Natural Resources Ltd..

Statement of Financial Position, Liabilities and Stockholders' Equity
The liabilities and stockholders' equity reports major classes and amounts of external claims on assets and owners' capital contributions, and other internally generated sources of capital.

Statement of Cash Flows
The cash flow statement provides information about Canadian Natural Resources Ltd.'s cash receipts and cash payments during an accounting period, showing how these cash flaws link the ending cash balance to the beginning balance shown on Canadian Natural Resources Ltd.'s statement of financial position.

Common-Size Financial Statements

Common-Size Income Statement
Income statement components (revenuess and expenses) shown as percentage of total sales.

Common-Size Statement of Financial Position, Assets
Assets components shown as percentage of total assets.

Common-Size Statement of Financial Position, Liabilities and Stockholders' Equity
Liabilities and stockholders' equity components shown as percentage of total liabilities and stockholders' equity.

Ratios

Short-term (Operating) Activity Analysis
Evaluates revenues and output generated by the Canadian Natural Resources Ltd.'s assets. Operating performance ratios describe the relationship between the Canadian Natural Resources Ltd.'s level of operations and the assets needed to sustain operating activities.

  • Ratios (Summary)
  • Inventory Turnover
  • Receivables Turnover
  • Payables Turnover
  • Working Capital Turnover
  • Average Inventory Processing Period
  • Average Receivable Collection Period
  • Operating Cycle
  • Average Payables Payment Period
  • Cash Conversion Cycle

Long-term (Investment) Activity Analysis
Measures how efficiently Canadian Natural Resources Ltd. generates revenues from its investments in fixed or total assets.

  • Ratios (Summary)
  • Net Fixed Asset Turnover
  • Total Asset Turnover
  • Equity Turnover

Liquidity Analysis
Measures the adequacy of a Canadian Natural Resources Ltd.'s cash resources to meet its near-term cash obligations.

  • Ratios (Summary)
  • Current Ratio
  • Quick Ratio
  • Cash Ratio

Long-term Debt and Solvency Analysis
Examines Canadian Natural Resources Ltd.'s capital structure in terms of the mix of its financing sources and the ability of the firm to satisfy its longer-term debt and investment obligations.

  • Ratios (Summary)
  • Debt to Equity
  • Debt to Capital
  • Interest Coverage

Profitability Analysis
Measures the income of Canadian Natural Resources Ltd. relative to its revenuess and invested capital.

  • Ratios (Summary)
  • Operating Profit Margin
  • Net Profit Margin
  • Return on Equity (ROE)
  • Return on Assets (ROA)

DuPont Analysis: Decomposition of ROE
An approach to decomposing Canadian Natural Resources Ltd.'s return on equity as the product of other financial ratios.

  • Two-Component Disaggregation of ROE
  • Three-Component Disaggregation of ROE
  • Five-Component Disaggregation of ROE
  • Two-Way Decomposition of ROA
  • Four-Way Decomposition of ROA
  • Decomposition of Net Profit Margin

Relative Valuation

Common Stock Valuation Ratios
Relative valuation technique determine the value of Canadian Natural Resources Ltd. by comparing it to similar entities (like industry or sector) on the basis of several relative ratios that compare its stock price to relevant variables that affect the stock's value, such as earnings, book value, and sales.

  • Current Valuation Ratios
  • Historical Valuation Ratios (Summary)
  • Price to Earnings (P/E)
  • Price to Operating Profit (P/OP)
  • Price to Sales (P/S)
  • Price to Book Value (P/BV)

Enterprise Value (EV)
Enterprise value is total company value (the market value of common equity, debt, and preferred equity) minus the value of cash and short-term investments.

  • Current EV
  • Historical EV

Enterprise Value to EBITDA (EV/EBITDA)
To calculate EBITDA analysts start with net earnings. To that earnings number, interest, taxes, depreciation, and amortization are added. EBITDA as a pre-interest number is a flow to all providers of capital.

  • Earnings before Interest, Tax, Depreciation and Amortization (EBITDA)
  • EV to EBITDA Ratio, Current
  • EV to EBITDA Ratio, Historical

Enterprise Value to FCFF (EV/FCFF)
Free cash flow to the firm is the cash flow available to the Canadian Natural Resources Ltd.'s suppliers of capital after all operating expenses have been paid and necessary investments in working and fixed capital have been made.

  • Free Cash Flow to The Firm (FCFF)
  • EV to FCFF Ratio, Current
  • EV to FCFF Ratio, Historical

Price to FCFE (P/FCFE)
Free cash flow to equity is the cash flow available to Canadian Natural Resources Ltd.'s equity holders after all operating expenses, interest, and principal payments have been paid and necessary investments in working and fixed capital have been made.

  • Free Cash Flow to Equity (FCFE)
  • P to FCFE Ratio, Current
  • P to FCFE Ratio, Historical

Analysis

Analysis of Revenues

  • Revenue Recognition Accounting Policy
  • Revenues

Analysis of Inventory

  • Inventory Accounting Policy
  • Inventory Disclosure

Analysis of Property, Plant and Equipment

  • Property, Plant and Equipment Accounting Policy
  • Property, Plant and Equipment Disclosure
  • Property, Plant and Equipment Ratios (Summary)
  • Average Age

Analysis of Debt

  • Total Debt Disclosure

Financial Reporting Quality

Financial reporting quality relates to the accuracy with which Canadian Natural Resources Ltd.'s reported financial statements reflect its operating performance and to their usefulness for forecasting future cash flows.

Aggregate Accruals
Deriving measures of the accrual component of Canadian Natural Resources Ltd.'s earnings.

  • Balance-Sheet-Based Accruals Ratio
  • Cash-Flow-Statement-Based Accruals Ratio

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