Canadian Pacific Railway Ltd (CP) — Net Asset Quality Index
Canadian Pacific Railway Ltd (CP) has a Net Asset Quality Index of 54.1% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CA$87.68 Billion minus total liabilities of CA$40.27 Billion yields net assets of CA$47.42 Billion. A higher index indicates a stronger, lower-leverage balance sheet. See CP days of operational coverage to measure how many days the company can operate on defensive assets alone.
Quality Index
Net Assets
Total Assets
Total Liabilities
Canadian Pacific Railway Ltd Net Asset Quality Index Over Time (1997–2025)
This chart shows how Canadian Pacific Railway Ltd's Net Asset Quality Index has evolved across 29 annual periods from 1997 to 2025. As of March 2026, the index stands at 54.1%, representing net assets of CA$47.42 Billion against total assets of CA$87.68 Billion CAD. Explore how efficiently does Canadian Pacific Railway Ltd generate cash to assess how effectively this company generates cash.
Annual Net Asset Quality Index for Canadian Pacific Railway Ltd (1997–2025)
The table below presents the year-by-year Net Asset Quality Index for Canadian Pacific Railway Ltd from 1997 to 2025, covering 29 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see Canadian Pacific Railway Ltd (CP) market capitalisation.
| Year | Quality Index | Net Assets (CAD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 54.5% | CA$46.83 Billion | CA$85.94 Billion | CA$39.12 Billion | ▼ -0.8 pp |
| 2024 | 55.3% | CA$48.89 Billion | CA$88.40 Billion | CA$39.51 Billion | ▲ +2.5 pp |
| 2023 | 52.8% | CA$42.41 Billion | CA$80.39 Billion | CA$37.98 Billion | ▲ +0.0 pp |
| 2022 | 52.7% | CA$38.89 Billion | CA$73.75 Billion | CA$34.86 Billion | ▲ +3.2 pp |
| 2021 | 49.5% | CA$33.83 Billion | CA$68.35 Billion | CA$34.52 Billion | ▲ +18.8 pp |
| 2020 | 30.7% | CA$7.32 Billion | CA$23.82 Billion | CA$16.50 Billion | ▼ -0.6 pp |
| 2019 | 31.3% | CA$7.07 Billion | CA$22.56 Billion | CA$15.49 Billion | ▲ +0.4 pp |
| 2018 | 30.9% | CA$6.64 Billion | CA$21.47 Billion | CA$14.83 Billion | ▼ -0.9 pp |
| 2017 | 31.8% | CA$6.44 Billion | CA$20.26 Billion | CA$13.82 Billion | ▲ +8.0 pp |
| 2016 | 23.8% | CA$4.63 Billion | CA$19.48 Billion | CA$14.85 Billion | ▼ -0.7 pp |
| 2015 | 24.4% | CA$4.80 Billion | CA$19.64 Billion | CA$14.84 Billion | ▼ -8.7 pp |
| 2014 | 33.1% | CA$5.61 Billion | CA$16.95 Billion | CA$11.34 Billion | ▼ -8.5 pp |
| 2013 | 41.6% | CA$7.10 Billion | CA$17.06 Billion | CA$9.96 Billion | ▲ +7.0 pp |
| 2012 | 34.6% | CA$5.10 Billion | CA$14.73 Billion | CA$9.63 Billion | ▲ +1.7 pp |
| 2011 | 32.9% | CA$4.65 Billion | CA$14.11 Billion | CA$9.46 Billion | ▼ -2.3 pp |
| 2010 | 35.3% | CA$4.82 Billion | CA$13.68 Billion | CA$8.85 Billion | ▲ +3.7 pp |
| 2009 | 31.6% | CA$4.66 Billion | CA$14.76 Billion | CA$10.10 Billion | ▼ -7.2 pp |
| 2008 | 38.7% | CA$5.99 Billion | CA$15.47 Billion | CA$9.48 Billion | ▼ -2.1 pp |
| 2007 | 40.8% | CA$5.46 Billion | CA$13.37 Billion | CA$7.91 Billion | ▼ -1.7 pp |
| 2006 | 42.5% | CA$4.86 Billion | CA$11.42 Billion | CA$6.56 Billion | ▲ +2.3 pp |
| 2005 | 40.3% | CA$4.38 Billion | CA$10.89 Billion | CA$6.51 Billion | ▲ +2.3 pp |
| 2004 | 37.9% | CA$3.98 Billion | CA$10.50 Billion | CA$6.52 Billion | ▲ +1.0 pp |
| 2003 | 36.9% | CA$3.68 Billion | CA$9.96 Billion | CA$6.28 Billion | ▲ +1.9 pp |
| 2002 | 35.1% | CA$3.39 Billion | CA$9.66 Billion | CA$6.27 Billion | ▲ +3.2 pp |
| 2001 | 31.8% | CA$3.14 Billion | CA$9.85 Billion | CA$6.72 Billion | ▼ -8.6 pp |
| 2000 | 40.4% | CA$3.56 Billion | CA$8.81 Billion | CA$5.25 Billion | ▲ +4.6 pp |
| 1999 | 35.8% | CA$3.14 Billion | CA$8.76 Billion | CA$5.63 Billion | ▼ -2.9 pp |
| 1998 | 38.7% | CA$3.23 Billion | CA$8.36 Billion | CA$5.13 Billion | ▲ +2.5 pp |
| 1997 | 36.2% | CA$2.84 Billion | CA$7.84 Billion | CA$5.00 Billion | — |