Canadian Natural Resources Ltd (CNQ) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Canadian Natural Resources Ltd (CNQ) has a cash flow conversion efficiency ratio of 0.097x as of September 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (CA$3.94 Billion ≈ $2.85 Billion USD) by net assets (CA$40.46 Billion ≈ $29.27 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Canadian Natural Resources Ltd - Cash Flow Conversion Efficiency Trend (1993–2024)
This chart illustrates how Canadian Natural Resources Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Canadian Natural Resources Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Canadian Natural Resources Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
CHRISTIAN DIOR ADR1/4/EO2
F:DIO0
|
N/A |
|
Boston Scientific Corp
NYSE:BSX
|
0.057x |
|
Bank of Nova Scotia
TO:BNS
|
-0.102x |
|
Sandisk Corp
NASDAQ:SNDK
|
0.100x |
|
Blackstone Group Inc
NYSE:BX
|
0.000x |
|
MercadoLibre Inc.
NASDAQ:MELI
|
0.772x |
|
KKR & Co LP
NYSE:KKR
|
0.032x |
|
Ping An Insurance Group Co of China Ltd
SHG:601318
|
0.001x |
Annual Cash Flow Conversion Efficiency for Canadian Natural Resources Ltd (1993–2024)
The table below shows the annual cash flow conversion efficiency of Canadian Natural Resources Ltd from 1993 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CA$39.47 Billion ≈ $28.55 Billion |
CA$13.39 Billion ≈ $9.68 Billion |
0.339x | +9.36% |
| 2023-12-31 | CA$39.83 Billion ≈ $28.81 Billion |
CA$12.35 Billion ≈ $8.94 Billion |
0.310x | -38.95% |
| 2022-12-31 | CA$38.17 Billion ≈ $27.62 Billion |
CA$19.39 Billion ≈ $14.03 Billion |
0.508x | +29.62% |
| 2021-12-31 | CA$36.95 Billion ≈ $26.73 Billion |
CA$14.48 Billion ≈ $10.47 Billion |
0.392x | +169.18% |
| 2020-12-31 | CA$32.38 Billion ≈ $23.42 Billion |
CA$4.71 Billion ≈ $3.41 Billion |
0.146x | -42.30% |
| 2019-12-31 | CA$34.99 Billion ≈ $25.31 Billion |
CA$8.83 Billion ≈ $6.39 Billion |
0.252x | -20.29% |
| 2018-12-31 | CA$31.97 Billion ≈ $23.13 Billion |
CA$10.12 Billion ≈ $7.32 Billion |
0.317x | +37.97% |
| 2017-12-31 | CA$31.65 Billion ≈ $22.90 Billion |
CA$7.26 Billion ≈ $5.25 Billion |
0.229x | +74.57% |
| 2016-12-31 | CA$26.27 Billion ≈ $19.00 Billion |
CA$3.45 Billion ≈ $2.50 Billion |
0.131x | -36.11% |
| 2015-12-31 | CA$27.38 Billion ≈ $19.81 Billion |
CA$5.63 Billion ≈ $4.07 Billion |
0.206x | -29.75% |
| 2014-12-31 | CA$28.89 Billion ≈ $20.90 Billion |
CA$8.46 Billion ≈ $6.12 Billion |
0.293x | +4.54% |
| 2013-12-31 | CA$25.77 Billion ≈ $18.64 Billion |
CA$7.22 Billion ≈ $5.22 Billion |
0.280x | +9.53% |
| 2012-12-31 | CA$24.28 Billion ≈ $17.57 Billion |
CA$6.21 Billion ≈ $4.49 Billion |
0.256x | -6.22% |
| 2011-12-31 | CA$22.90 Billion ≈ $16.56 Billion |
CA$6.24 Billion ≈ $4.52 Billion |
0.273x | -8.95% |
| 2010-12-31 | CA$20.98 Billion ≈ $15.18 Billion |
CA$6.28 Billion ≈ $4.55 Billion |
0.299x | +0.09% |
| 2009-12-31 | CA$19.43 Billion ≈ $14.05 Billion |
CA$5.81 Billion ≈ $4.20 Billion |
0.299x | -18.76% |
| 2008-12-31 | CA$18.37 Billion ≈ $13.29 Billion |
CA$6.77 Billion ≈ $4.89 Billion |
0.368x | -15.69% |
| 2007-12-31 | CA$13.32 Billion ≈ $9.64 Billion |
CA$5.82 Billion ≈ $4.21 Billion |
0.437x | +11.81% |
| 2006-12-31 | CA$10.69 Billion ≈ $7.73 Billion |
CA$4.18 Billion ≈ $3.02 Billion |
0.391x | -32.91% |
| 2005-12-31 | CA$8.24 Billion ≈ $5.96 Billion |
CA$4.80 Billion ≈ $3.47 Billion |
0.582x | +15.60% |
| 2004-12-31 | CA$7.32 Billion ≈ $5.30 Billion |
CA$3.69 Billion ≈ $2.67 Billion |
0.504x | -1.59% |
| 2003-12-31 | CA$6.12 Billion ≈ $4.43 Billion |
CA$3.13 Billion ≈ $2.27 Billion |
0.512x | +23.21% |
| 2002-12-31 | CA$4.87 Billion ≈ $3.52 Billion |
CA$2.02 Billion ≈ $1.46 Billion |
0.415x | -14.88% |
| 2001-12-31 | CA$3.87 Billion ≈ $2.80 Billion |
CA$1.89 Billion ≈ $1.37 Billion |
0.488x | -14.33% |
| 2000-12-31 | CA$3.22 Billion ≈ $2.33 Billion |
CA$1.83 Billion ≈ $1.33 Billion |
0.570x | +61.29% |
| 1999-12-31 | CA$1.89 Billion ≈ $1.37 Billion |
CA$668.40 Million ≈ $483.51 Million |
0.353x | +22.44% |
| 1998-12-31 | CA$1.28 Billion ≈ $923.83 Million |
CA$368.42 Million ≈ $266.51 Million |
0.288x | -33.27% |
| 1997-12-31 | CA$1.20 Billion ≈ $870.75 Million |
CA$520.37 Million ≈ $376.43 Million |
0.432x | +25.31% |
| 1996-12-31 | CA$1.07 Billion ≈ $777.06 Million |
CA$370.60 Million ≈ $268.09 Million |
0.345x | +15.77% |
| 1995-12-31 | CA$496.30 Million ≈ $359.02 Million |
CA$147.90 Million ≈ $106.99 Million |
0.298x | -29.66% |
| 1994-12-31 | CA$356.20 Million ≈ $257.67 Million |
CA$150.90 Million ≈ $109.16 Million |
0.424x | -19.41% |
| 1993-12-31 | CA$171.20 Million ≈ $123.84 Million |
CA$90.00 Million ≈ $65.10 Million |
0.526x | -- |
About Canadian Natural Resources Ltd
Canadian Natural Resources Limited engages in the acquisition, exploration, development, production, marketing, and sale of crude oil, natural gas, and natural gas liquids (NGLs) in Western Canada, the United Kingdom sector of the North Sea, and Offshore Africa. The company offers light and medium crude oil, primary heavy crude oil, Pelican Lake heavy crude oil, bitumen (thermal oil), and synthet… Read more