Canadian Natural Resources Ltd Tangible Net Worth Ratio
Canadian Natural Resources Ltd tangible net worth ratio. Canadian Natural Resources Ltd (CNQ) has a Tangible Net Worth Ratio of 100.0% as of September 2025. This metric is calculated by deducting intangible assets (CA$0.00) from net assets (CA$40.46 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore CNQ shareholders equity momentum to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of Canadian Natural Resources Ltd (1993–2024)
Tangible net worth ratio of Canadian Natural Resources Ltd from 1993 to 2024. This chart shows how Canadian Natural Resources Ltd's Tangible Net Worth Ratio has changed across 32 annual periods from 1993 to 2024. As of September 2025, the ratio stands at 100.0%, reflecting net assets of CA$40.46 Billion with intangible assets of CA$0.00 CAD. Check strategic asset allocation of Canadian Natural Resources Ltd to assess the company's strategic physical and investment asset allocation.
Canadian Natural Resources Ltd Tangible Net Worth Ratio by Year (1993–2024)
Canadian Natural Resources Ltd tangible net worth ratio by year from 1993 to 2024. The table below presents the year-by-year Tangible Net Worth Ratio for Canadian Natural Resources Ltd from 1993 to 2024, covering 32 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For live market cap and overall valuation, see market cap of Canadian Natural Resources Ltd.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 100.0% | CA$39.47 Billion | CA$0.00 | CA$85.36 Billion | ▲ +0.0 pp |
| 2023 | 100.0% | CA$39.83 Billion | CA$0.00 | CA$75.95 Billion | ▲ +0.0 pp |
| 2022 | 100.0% | CA$38.17 Billion | CA$0.00 | CA$76.14 Billion | ▲ +0.0 pp |
| 2021 | 100.0% | CA$36.95 Billion | CA$0.00 | CA$76.67 Billion | ▲ +0.0 pp |
| 2020 | 100.0% | CA$32.38 Billion | CA$0.00 | CA$75.28 Billion | ▲ +0.0 pp |
| 2019 | 100.0% | CA$34.99 Billion | CA$0.00 | CA$78.12 Billion | ▲ +0.0 pp |
| 2018 | 100.0% | CA$31.97 Billion | CA$0.00 | CA$71.56 Billion | ▲ +0.0 pp |
| 2017 | 100.0% | CA$31.65 Billion | CA$0.00 | CA$73.87 Billion | ▲ +0.0 pp |
| 2016 | 100.0% | CA$26.27 Billion | CA$0.00 | CA$58.65 Billion | ▲ +0.0 pp |
| 2015 | 100.0% | CA$27.38 Billion | CA$0.00 | CA$59.27 Billion | ▲ +0.0 pp |
| 2014 | 100.0% | CA$28.89 Billion | CA$0.00 | CA$60.20 Billion | ▲ +0.0 pp |
| 2013 | 100.0% | CA$25.77 Billion | CA$0.00 | CA$51.75 Billion | ▲ +0.0 pp |
| 2012 | 100.0% | CA$24.28 Billion | CA$0.00 | CA$48.98 Billion | ▲ +0.0 pp |
| 2011 | 100.0% | CA$22.90 Billion | CA$0.00 | CA$47.28 Billion | ▲ +0.0 pp |
| 2010 | 100.0% | CA$20.98 Billion | CA$0.00 | CA$42.67 Billion | ▲ +0.0 pp |
| 2009 | 100.0% | CA$19.43 Billion | CA$0.00 | CA$41.02 Billion | ▲ +0.0 pp |
| 2008 | 100.0% | CA$18.37 Billion | CA$0.00 | CA$42.65 Billion | ▲ +0.0 pp |
| 2007 | 100.0% | CA$13.32 Billion | CA$0.00 | CA$36.11 Billion | ▲ +0.0 pp |
| 2006 | 100.0% | CA$10.69 Billion | CA$0.00 | CA$33.16 Billion | ▲ +0.0 pp |
| 2005 | 100.0% | CA$8.24 Billion | CA$0.00 | CA$21.85 Billion | ▲ +0.0 pp |
| 2004 | 100.0% | CA$7.32 Billion | CA$0.00 | CA$18.41 Billion | ▲ +0.0 pp |
| 2003 | 100.0% | CA$6.12 Billion | CA$0.00 | CA$14.20 Billion | ▲ +0.0 pp |
| 2002 | 100.0% | CA$4.87 Billion | CA$0.00 | CA$13.36 Billion | ▲ +0.0 pp |
| 2001 | 100.0% | CA$3.87 Billion | CA$0.00 | CA$9.04 Billion | ▲ +0.0 pp |
| 2000 | 100.0% | CA$3.22 Billion | CA$0.00 | CA$7.78 Billion | ▲ +0.0 pp |
| 1999 | 100.0% | CA$1.89 Billion | CA$0.00 | CA$4.85 Billion | ▲ +0.0 pp |
| 1998 | 100.0% | CA$1.28 Billion | CA$0.00 | CA$3.25 Billion | ▲ +0.0 pp |
| 1997 | 100.0% | CA$1.20 Billion | CA$0.00 | CA$2.93 Billion | ▲ +0.0 pp |
| 1996 | 100.0% | CA$1.07 Billion | CA$0.00 | CA$2.06 Billion | ▲ +0.0 pp |
| 1995 | 100.0% | CA$496.30 Million | CA$0.00 | CA$900.40 Million | ▲ +0.0 pp |
| 1994 | 100.0% | CA$356.20 Million | CA$0.00 | CA$737.80 Million | ▲ +0.0 pp |
| 1993 | 100.0% | CA$171.20 Million | CA$0.00 | CA$436.90 Million | — |