Canadian Natural Net Worth
Canadian Natural Net Worth Breakdown | CNQ |
Canadian Natural Net Worth Analysis
Canadian Natural's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Canadian Natural's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Canadian Natural's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Canadian Natural's net worth analysis. One common approach is to calculate Canadian Natural's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Canadian Natural's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Canadian Natural's net worth. This approach calculates the present value of Canadian Natural's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Canadian Natural's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Canadian Natural's net worth. This involves comparing Canadian Natural's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Canadian Natural's net worth relative to its peers.
To determine if Canadian Natural is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Canadian Natural's net worth research are outlined below:
| The company has 12.35 B in debt with debt to equity (D/E) ratio of 0.38, which is OK given its current industry classification. Canadian Natural Res has a current ratio of 0.76, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Canadian Natural until it has trouble settling it off, either with new capital or with free cash flow. So, Canadian Natural's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Canadian Natural Res sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Canadian to invest in growth at high rates of return. When we think about Canadian Natural's use of debt, we should always consider it together with cash and equity. | |
| Over 79.0% of Canadian Natural shares are held by institutions such as insurance companies | |
| On 5th of April 2024 Canadian Natural paid $ 0.7741 per share dividend to its current shareholders |
Canadian Natural uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Canadian Natural Resources. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Canadian Natural's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 7th of March 2024 Upcoming Quarterly Report | View | |
| 2nd of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 7th of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Follow Canadian Natural's market capitalization trends
The company currently falls under 'Large-Cap' category with a total capitalization of 79.95 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Canadian Natural's market, we take the total number of its shares issued and multiply it by Canadian Natural's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Project Canadian Natural's profitablity
Canadian Natural's profitability indicators refer to fundamental financial ratios that showcase Canadian Natural's ability to generate income relative to its revenue or operating costs. If, let's say, Canadian Natural is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Canadian Natural's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Canadian Natural's profitability requires more research than a typical breakdown of Canadian Natural's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Net Profit Margin of 0.21 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.21 %, which entails that for every 100 dollars of revenue, it generated $0.21 of operating income. When accessing Canadian Natural's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Canadian Natural's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Canadian Natural's profitability and make more informed investment decisions.
The data published in Canadian Natural's official financial statements usually reflect Canadian Natural's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Canadian Natural Res. For example, before you start analyzing numbers published by Canadian accountants, it's critical to develop an understanding of what Canadian Natural's liquidity, profitability, and earnings quality are in the context of the Oil, Gas & Consumable Fuels space in which it operates.
Please note, the presentation of Canadian Natural's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Canadian Natural's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Canadian Natural's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Canadian Natural Resources. Please utilize our Beneish M Score to check the likelihood of Canadian Natural's management manipulating its earnings.
Canadian Natural time-series forecasting models is one of many Canadian Natural's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Canadian Natural's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.Canadian Natural Earnings per Share Projection vs Actual
Be your own money manager
Our tools can tell you how much better you can do entering a position in Canadian Natural without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Canadian Natural Corporate Directors
Canadian Natural corporate directors refer to members of a Canadian Natural board of directors. The board of directors generally takes responsibility for the Canadian Natural's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Canadian Natural's board members must vote for the resolution. The Canadian Natural board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Christopher Fong | Independent Director | Profile | |
| Annette Verschuren | Independent Director | Profile | |
| David Tuer | Independent Director | Profile | |
| Frank McKenna | Independent Director | Profile |
How to buy Canadian Stock?
The net worth of Canadian Natural Resources is the difference between its total assets and liabilities. Canadian Natural's net worth represents the value of the company's equity or ownership interest. In other words, it is the amount of money that would be left over if all of Canadian Natural's assets were sold and all of its debts were paid off. Net worth is sometimes referred to as shareholder's equity or book value. Canadian Natural's net worth can be used as a measure of its financial health and stability which can help investors to decide if Canadian Natural is a good investment. It is also essential in determining the company's creditworthiness and ability to secure financing before investing in Canadian Natural Resources stock.Already Invested in Canadian Natural Resources?
The danger of trading Canadian Natural Resources is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Canadian Natural is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Canadian Natural. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Canadian Natural Res is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Canadian Natural Res is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Canadian Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Canadian Natural Resources Stock. Highlighted below are key reports to facilitate an investment decision about Canadian Natural Resources Stock: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Canadian Natural Resources. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Complementary Tools for Canadian Stock analysis
When running Canadian Natural's price analysis, check to measure Canadian Natural's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Canadian Natural is operating at the current time. Most of Canadian Natural's value examination focuses on studying past and present price action to predict the probability of Canadian Natural's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canadian Natural's price. Additionally, you may evaluate how the addition of Canadian Natural to your portfolios can decrease your overall portfolio volatility.
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Is Canadian Natural's industry 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 Natural. 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 Natural listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Canadian Natural Res 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 Natural's value that differs from its market value or its book value, called intrinsic value, which is Canadian Natural'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 Natural's market value can be influenced by many factors that don't directly affect Canadian Natural'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 Natural's value and its price as these two are different measures arrived at by different means. Investors typically determine if Canadian Natural is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Canadian Natural'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.