Canadian Natural Resources Ltd Defensive Interval Ratio

Latest as of September 2025: 169 days

Canadian Natural Resources Ltd defensive interval ratio. Canadian Natural Resources Ltd (CNQ) has a Defensive Interval Ratio of 169 days as of September 2025. Defensive assets of CA$3.86 Billion (cash CA$113.00 Million, short-term investments CA$-, receivables CA$3.75 Billion) cover 169 days of daily cash needs of CA$22.78 Million/day. Explore Canadian Natural Resources Ltd (CNQ) investment intensity to see how much of total assets are deployed in long-term investments.

Defensive Interval Ratio

169 days
Days of operational coverage

Defensive Assets

CA$3.86 Billion
Cash + ST Investments + Receivables

Daily Cash Need

CA$22.78 Million
Current Liabilities ÷ 365

Current Liabilities

CA$8.31 Billion
CAD

Defensive Interval Ratio of Canadian Natural Resources Ltd (1993–2024)

Defensive interval ratio of Canadian Natural Resources Ltd from 1993 to 2024. This chart shows how Canadian Natural Resources Ltd's Defensive Interval Ratio has evolved across 32 annual periods from 1993 to 2024. As of September 2025, the ratio stands at 169 days, meaning defensive assets of CA$3.86 Billion can fund 169 days of operations without new revenue. Read how much debt does Canadian Natural Resources Ltd carry for a breakdown of total debt and financial obligations.

Canadian Natural Resources Ltd Defensive Interval Ratio by Year (1993–2024)

Canadian Natural Resources Ltd defensive interval ratio by year from 1993 to 2024. The table below presents the year-by-year Defensive Interval Ratio for Canadian Natural Resources Ltd from 1993 to 2024, covering 32 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For the complete balance sheet picture, see CNQ total asset value.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2024 161 days CA$4.26 Billion CA$26.39 Million/day CA$131.00 Million CA$0.00 ▼ -64 days
2023 225 days CA$4.59 Billion CA$20.37 Million/day CA$877.00 Million CA$525.00 Million ▲ +16 days
2022 210 days CA$4.97 Billion CA$23.70 Million/day CA$920.00 Million CA$491.00 Million ▲ +5 days
2021 205 days CA$4.16 Billion CA$20.33 Million/day CA$744.00 Million CA$309.00 Million ▼ -10 days
2020 215 days CA$2.99 Billion CA$13.91 Million/day CA$184.00 Million CA$305.00 Million ▲ +44 days
2019 171 days CA$3.11 Billion CA$18.18 Million/day CA$139.00 Million CA$490.00 Million ▲ +35 days
2018 136 days CA$1.77 Billion CA$13.05 Million/day CA$101.00 Million CA$524.00 Million ▼ -83 days
2017 219 days CA$3.75 Billion CA$17.15 Million/day CA$137.00 Million CA$893.00 Million ▼ -12 days
2016 230 days CA$3.21 Billion CA$13.95 Million/day CA$17.00 Million CA$913.00 Million ▼ -2 days
2015 233 days CA$2.93 Billion CA$12.59 Million/day CA$- CA$974.00 Million ▲ +82 days
2014 150 days CA$2.12 Billion CA$14.09 Million/day CA$- CA$- ▲ +51 days
2013 100 days CA$1.43 Billion CA$14.34 Million/day CA$- CA$- ▼ -10 days
2012 110 days CA$1.20 Billion CA$10.89 Million/day CA$- CA$- ▼ -78 days
2011 188 days CA$2.08 Billion CA$11.05 Million/day CA$- CA$- ▲ +17 days
2010 171 days CA$1.48 Billion CA$8.65 Million/day CA$- CA$- ▼ -3 days
2009 174 days CA$1.15 Billion CA$6.59 Million/day CA$- CA$- ▲ +13 days
2008 162 days CA$1.51 Billion CA$9.37 Million/day CA$- CA$- ▼ -9 days
2007 170 days CA$1.66 Billion CA$9.76 Million/day CA$- CA$- ▼ -61 days
2006 231 days CA$1.95 Billion CA$8.41 Million/day CA$- CA$- ▲ +84 days
2005 147 days CA$1.55 Billion CA$10.48 Million/day CA$- CA$- ▼ -80 days
2004 227 days CA$1.18 Billion CA$5.18 Million/day CA$- CA$- ▲ +26 days
2003 202 days CA$751.00 Million CA$3.73 Million/day CA$- CA$- ▼ -143 days
2002 345 days CA$744.41 Million CA$2.16 Million/day CA$- CA$- ▼ -6 days
2001 351 days CA$509.39 Million CA$1.45 Million/day CA$- CA$- ▲ +59 days
2000 292 days CA$550.39 Million CA$1.89 Million/day CA$- CA$- ▼ -59 days
1999 351 days CA$250.29 Million CA$713.47K/day CA$- CA$- ▼ -35 days
1998 386 days CA$143.96 Million CA$373.21K/day CA$- CA$- ▲ +56 days
1997 329 days CA$184.42 Million CA$560.09K/day CA$- CA$- ▼ -33 days
1996 362 days CA$150.40 Million CA$415.07K/day CA$- CA$- ▼ -68 days
1995 430 days CA$64.00 Million CA$148.77K/day CA$- CA$- ▲ +97 days
1994 333 days CA$51.30 Million CA$153.97K/day CA$- CA$- ▼ -56 days
1993 389 days CA$35.70 Million CA$91.78K/day CA$- CA$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)