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. Also see Canadian Natural Resources Ltd market cap and net worth for the company's overall valuation and market capitalisation.
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.
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. Explore CNQ operating cash flow to net income to measure how well operating cash flow supports reported net income.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Hon Hai Precision Industry Co Ltd
TW:2317
|
0.141x |
|
Medtronic PLC
NYSE:MDT
|
0.051x |
|
DBS GROUP ADR/4 SD 1
F:DEV
|
N/A |
|
Starbucks Corporation
NASDAQ:SBUX
|
-0.214x |
|
Stryker Corporation
NYSE:SYK
|
0.053x |
|
BP p.l.c
MX:BPN
|
0.142x |
|
Automatic Data Processing Inc
NASDAQ:ADP
|
0.217x |
|
Accenture plc
NYSE:ACN
|
0.115x |
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. View Canadian Natural Resources Ltd (CNQ) share price today for real-time trading data and today's change.
| 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