Canadian National Railway Co Defensive Interval Ratio

Latest as of December 2025: 145 days

Canadian National Railway Co defensive interval ratio. Canadian National Railway Co (CNR) has a Defensive Interval Ratio of 145 days as of December 2025. Defensive assets of CA$1.47 Billion (cash CA$350.00 Million, short-term investments CA$-, receivables CA$1.12 Billion) cover 145 days of daily cash needs of CA$10.13 Million/day. Explore CNR strategic capital deployment ratio to see how much of total assets are deployed in long-term investments.

Defensive Interval Ratio

145 days
Days of operational coverage

Defensive Assets

CA$1.47 Billion
Cash + ST Investments + Receivables

Daily Cash Need

CA$10.13 Million
Current Liabilities ÷ 365

Current Liabilities

CA$3.70 Billion
CAD

Defensive Interval Ratio of Canadian National Railway Co (1995–2025)

Defensive interval ratio of Canadian National Railway Co from 1995 to 2025. This chart shows how Canadian National Railway Co's Defensive Interval Ratio has evolved across 31 annual periods from 1995 to 2025. As of December 2025, the ratio stands at 145 days, meaning defensive assets of CA$1.47 Billion can fund 145 days of operations without new revenue. Read CNR total liabilities for a breakdown of total debt and financial obligations.

Canadian National Railway Co Defensive Interval Ratio by Year (1995–2025)

Canadian National Railway Co defensive interval ratio by year from 1995 to 2025. The table below presents the year-by-year Defensive Interval Ratio for Canadian National Railway Co from 1995 to 2025, covering 31 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 balance sheet size of Canadian National Railway Co.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2025 145 days CA$1.47 Billion CA$10.13 Million/day CA$350.00 Million CA$- ▼ -11 days
2024 156 days CA$1.70 Billion CA$10.89 Million/day CA$389.00 Million CA$- ▲ +27 days
2023 129 days CA$1.77 Billion CA$13.79 Million/day CA$475.00 Million CA$- ▼ -33 days
2022 161 days CA$1.70 Billion CA$10.53 Million/day CA$328.00 Million CA$- ▼ -62 days
2021 224 days CA$1.91 Billion CA$8.55 Million/day CA$838.00 Million CA$- ▲ +33 days
2020 190 days CA$1.71 Billion CA$8.97 Million/day CA$569.00 Million CA$- ▲ +82 days
2019 109 days CA$1.28 Billion CA$11.75 Million/day CA$64.00 Million CA$- ▼ -41 days
2018 150 days CA$1.44 Billion CA$9.59 Million/day CA$266.00 Million CA$- ▲ +53 days
2017 97 days CA$1.05 Billion CA$10.91 Million/day CA$70.00 Million CA$- ▼ -31 days
2016 128 days CA$1.05 Billion CA$8.24 Million/day CA$176.00 Million CA$- ▲ +21 days
2015 107 days CA$878.00 Million CA$8.21 Million/day CA$- CA$- ▼ -47 days
2014 154 days CA$928.00 Million CA$6.03 Million/day CA$- CA$- ▲ +35 days
2013 119 days CA$815.00 Million CA$6.84 Million/day CA$- CA$- ▼ -19 days
2012 138 days CA$831.00 Million CA$6.04 Million/day CA$- CA$- ▼ -37 days
2011 175 days CA$820.00 Million CA$4.70 Million/day CA$- CA$- ▲ +26 days
2010 148 days CA$775.00 Million CA$5.22 Million/day CA$- CA$- ▼ -87 days
2009 235 days CA$797.00 Million CA$3.39 Million/day CA$- CA$- ▲ +59 days
2008 176 days CA$913.00 Million CA$5.18 Million/day CA$- CA$- ▲ +91 days
2007 85 days CA$370.00 Million CA$4.36 Million/day CA$- CA$- ▼ -35 days
2006 119 days CA$692.00 Million CA$5.79 Million/day CA$- CA$- ▲ +3 days
2005 116 days CA$623.00 Million CA$5.36 Million/day CA$- CA$- ▼ -12 days
2004 128 days CA$793.00 Million CA$6.19 Million/day CA$- CA$- ▲ +28 days
2003 100 days CA$529.00 Million CA$5.27 Million/day CA$- CA$- ▼ -23 days
2002 123 days CA$722.00 Million CA$5.85 Million/day CA$- CA$- ▼ -18 days
2001 141 days CA$645.00 Million CA$4.57 Million/day CA$- CA$- ▲ +2 days
2000 139 days CA$726.00 Million CA$5.22 Million/day CA$- CA$- ▼ -26 days
1999 166 days CA$802.59 Million CA$4.85 Million/day CA$- CA$- ▲ +60 days
1998 106 days CA$396.27 Million CA$3.75 Million/day CA$- CA$- ▼ -96 days
1997 202 days CA$667.71 Million CA$3.30 Million/day CA$- CA$- ▲ +13 days
1996 189 days CA$694.10 Million CA$3.66 Million/day CA$- CA$- ▲ +61 days
1995 128 days CA$564.00 Million CA$4.39 Million/day CA$- CA$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)