Canadian Natural Resources Ltd Cash Flow Quality Index
Canadian Natural Resources Ltd cash flow quality index. Canadian Natural Resources Ltd (CNQ) has a Cash Flow Quality Index of 6.57x as of September 2025. Operating cash flow of CA$3.94 Billion exceeds net income of CA$600.00 Million, indicating high earnings quality where cash backs reported profits. Explore Canadian Natural Resources Ltd cash debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Cash Flow Quality Index of Canadian Natural Resources Ltd (1993–2024)
Cash flow quality index of Canadian Natural Resources Ltd from 1993 to 2024. Historical Cash Flow Quality Index for Canadian Natural Resources Ltd across 29 annual periods. Values consistently above 1.0x indicate high-quality earnings. See CNQ equity financing ratio to measure how much of total assets are equity-financed.
Canadian Natural Resources Ltd Cash Flow Quality Index by Year (1993–2024)
Canadian Natural Resources Ltd cash flow quality index by year from 1993 to 2024. Year-by-year earnings quality comparison for Canadian Natural Resources Ltd. For the full cash flow conversion analysis, see Canadian Natural Resources Ltd operating cash flow efficiency.
| Year | Quality Index | Operating CF (CAD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2024 | 2.19x | CA$13.39 Billion | CA$6.11 Billion | ▲ +46.1% |
| 2023 | 1.50x | CA$12.35 Billion | CA$8.23 Billion | ▼ -15.4% |
| 2022 | 1.77x | CA$19.39 Billion | CA$10.94 Billion | ▼ -6.1% |
| 2021 | 1.89x | CA$14.48 Billion | CA$7.66 Billion | ▲ +15.9% |
| 2019 | 1.63x | CA$8.83 Billion | CA$5.42 Billion | ▼ -58.3% |
| 2018 | 3.91x | CA$10.12 Billion | CA$2.59 Billion | ▲ +28.9% |
| 2017 | 3.03x | CA$7.26 Billion | CA$2.40 Billion | ▲ +40.7% |
| 2014 | 2.15x | CA$8.46 Billion | CA$3.93 Billion | ▼ -32.3% |
| 2013 | 3.18x | CA$7.22 Billion | CA$2.27 Billion | ▼ -3.1% |
| 2012 | 3.28x | CA$6.21 Billion | CA$1.89 Billion | ▲ +38.9% |
| 2011 | 2.36x | CA$6.24 Billion | CA$2.64 Billion | ▼ -36.2% |
| 2010 | 3.70x | CA$6.28 Billion | CA$1.70 Billion | ▲ +0.7% |
| 2009 | 3.68x | CA$5.81 Billion | CA$1.58 Billion | ▲ +171.0% |
| 2008 | 1.36x | CA$6.77 Billion | CA$4.99 Billion | ▼ -39.2% |
| 2007 | 2.23x | CA$5.82 Billion | CA$2.61 Billion | ▲ +34.9% |
| 2006 | 1.65x | CA$4.18 Billion | CA$2.52 Billion | ▼ -63.8% |
| 2005 | 4.57x | CA$4.80 Billion | CA$1.05 Billion | ▲ +74.0% |
| 2004 | 2.63x | CA$3.69 Billion | CA$1.41 Billion | ▲ +16.9% |
| 2003 | 2.25x | CA$3.13 Billion | CA$1.39 Billion | ▼ -36.2% |
| 2002 | 3.52x | CA$2.02 Billion | CA$574.44 Million | ▲ +31.2% |
| 2001 | 2.68x | CA$1.89 Billion | CA$703.60 Million | ▲ +14.8% |
| 2000 | 2.34x | CA$1.83 Billion | CA$784.34 Million | ▼ -30.2% |
| 1999 | 3.35x | CA$668.40 Million | CA$199.65 Million | ▼ -46.5% |
| 1998 | 6.26x | CA$368.42 Million | CA$58.82 Million | ▲ +34.2% |
| 1997 | 4.67x | CA$520.37 Million | CA$111.51 Million | ▲ +19.6% |
| 1996 | 3.90x | CA$370.60 Million | CA$95.00 Million | ▲ +11.8% |
| 1995 | 3.49x | CA$147.90 Million | CA$42.40 Million | ▲ +25.3% |
| 1994 | 2.78x | CA$150.90 Million | CA$54.20 Million | ▲ +6.1% |
| 1993 | 2.62x | CA$90.00 Million | CA$34.30 Million | — |