Canadian Natural Resources Ltd (CNQ) - Total Assets
Based on the latest financial reports, Canadian Natural Resources Ltd (CNQ) holds total assets worth CA$85.59 Billion CAD (≈ $61.91 Billion USD) as of September 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Canadian Natural Resources Ltd - Total Assets Trend (1993–2024)
This chart illustrates how Canadian Natural Resources Ltd's total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Canadian Natural Resources Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Canadian Natural Resources Ltd's total assets of CA$85.59 Billion consist of 8.7% current assets and 91.3% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$131.00 Million | 0.2% |
| Accounts Receivable | CA$4.13 Billion | 4.8% |
| Inventory | CA$2.79 Billion | 3.3% |
| Property, Plant & Equipment | CA$77.33 Billion | 90.6% |
| Intangible Assets | CA$0.00 | 0.0% |
| Goodwill | CA$0.00 | 0.0% |
Asset Composition Trend (1993–2024)
This chart illustrates how Canadian Natural Resources Ltd's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Canadian Natural Resources Ltd's current assets represent 8.7% of total assets in 2024, an increase from 8.2% in 1993.
- Cash Position: Cash and equivalents constituted 0.2% of total assets in 2024, up from 0.0% in 1993.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 1993.
- Asset Diversification: The largest asset category is property, plant & equipment at 90.6% of total assets.
Canadian Natural Resources Ltd Competitors by Total Assets
Key competitors of Canadian Natural Resources Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
North European Oil Royalty Trust
NYSE:NRT
|
USA | $4.79 Million |
|
EOG Resources Inc
NYSE:EOG
|
USA | $52.20 Billion |
|
Woodside Energy Group Ltd
AU:WDS
|
Australia | AU$66.55 Billion |
|
Tourmaline Oil Corp.
TO:TOU
|
Canada | CA$23.74 Billion |
|
MEG Energy Corp
TO:MEG
|
Canada | CA$6.98 Billion |
|
California Resources Corp
NYSE:CRC
|
USA | $7.40 Billion |
|
PrairieSky Royalty Ltd
TO:PSK
|
Canada | CA$3.15 Billion |
|
Peyto Exploration&Development Corp
TO:PEY
|
Canada | CA$5.43 Billion |
Canadian Natural Resources Ltd - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.86 | 0.84 | 0.86 |
| Quick Ratio | 0.53 | 0.53 | 0.65 |
| Cash Ratio | 0.01 | 0.09 | 0.00 |
| Working Capital | CA$-1.13 Billion | CA$-1.25 Billion | CA$-717.00 Million |
Canadian Natural Resources Ltd - Advanced Valuation Insights
This section examines the relationship between Canadian Natural Resources Ltd's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 2.75 |
| Latest Market Cap to Assets Ratio | 1.07 |
| Asset Growth Rate (YoY) | 12.4% |
| Total Assets | CA$85.36 Billion |
| Market Capitalization | $91.45 Billion USD |
Valuation Analysis
Above Book Valuation: The market values Canadian Natural Resources Ltd's assets above their book value (1.07x), reflecting positive investor sentiment about the company's future prospects.
Rapid Asset Growth: Canadian Natural Resources Ltd's assets grew by 12.4% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Canadian Natural Resources Ltd (1993–2024)
The table below shows the annual total assets of Canadian Natural Resources Ltd from 1993 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CA$85.36 Billion ≈ $61.75 Billion |
+12.38% |
| 2023-12-31 | CA$75.95 Billion ≈ $54.94 Billion |
-0.25% |
| 2022-12-31 | CA$76.14 Billion ≈ $55.08 Billion |
-0.68% |
| 2021-12-31 | CA$76.67 Billion ≈ $55.46 Billion |
+1.85% |
| 2020-12-31 | CA$75.28 Billion ≈ $54.45 Billion |
-3.64% |
| 2019-12-31 | CA$78.12 Billion ≈ $56.51 Billion |
+9.17% |
| 2018-12-31 | CA$71.56 Billion ≈ $51.76 Billion |
-3.12% |
| 2017-12-31 | CA$73.87 Billion ≈ $53.43 Billion |
+25.95% |
| 2016-12-31 | CA$58.65 Billion ≈ $42.43 Billion |
-1.06% |
| 2015-12-31 | CA$59.27 Billion ≈ $42.88 Billion |
-1.54% |
| 2014-12-31 | CA$60.20 Billion ≈ $43.55 Billion |
+16.32% |
| 2013-12-31 | CA$51.75 Billion ≈ $37.44 Billion |
+5.66% |
| 2012-12-31 | CA$48.98 Billion ≈ $35.43 Billion |
+3.60% |
| 2011-12-31 | CA$47.28 Billion ≈ $34.20 Billion |
+10.80% |
| 2010-12-31 | CA$42.67 Billion ≈ $30.87 Billion |
+4.01% |
| 2009-12-31 | CA$41.02 Billion ≈ $29.68 Billion |
-3.81% |
| 2008-12-31 | CA$42.65 Billion ≈ $30.85 Billion |
+18.10% |
| 2007-12-31 | CA$36.11 Billion ≈ $26.12 Billion |
+8.91% |
| 2006-12-31 | CA$33.16 Billion ≈ $23.99 Billion |
+51.75% |
| 2005-12-31 | CA$21.85 Billion ≈ $15.81 Billion |
+18.70% |
| 2004-12-31 | CA$18.41 Billion ≈ $13.32 Billion |
+29.67% |
| 2003-12-31 | CA$14.20 Billion ≈ $10.27 Billion |
+6.29% |
| 2002-12-31 | CA$13.36 Billion ≈ $9.66 Billion |
+47.74% |
| 2001-12-31 | CA$9.04 Billion ≈ $6.54 Billion |
+16.28% |
| 2000-12-31 | CA$7.78 Billion ≈ $5.62 Billion |
+60.30% |
| 1999-12-31 | CA$4.85 Billion ≈ $3.51 Billion |
+49.37% |
| 1998-12-31 | CA$3.25 Billion ≈ $2.35 Billion |
+10.82% |
| 1997-12-31 | CA$2.93 Billion ≈ $2.12 Billion |
+42.09% |
| 1996-12-31 | CA$2.06 Billion ≈ $1.49 Billion |
+129.08% |
| 1995-12-31 | CA$900.40 Million ≈ $651.34 Million |
+22.04% |
| 1994-12-31 | CA$737.80 Million ≈ $533.71 Million |
+68.87% |
| 1993-12-31 | CA$436.90 Million ≈ $316.05 Million |
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About Canadian Natural Resources Ltd
Canadian Natural Resources Limited engages in the acquisition, exploration, development, production, marketing, and sale of crude oil, natural gas, and natural gas liquids (NGLs) in Western Canada, the United Kingdom sector of the North Sea, and Offshore Africa. The company offers light and medium crude oil, primary heavy crude oil, Pelican Lake heavy crude oil, bitumen (thermal oil), and synthet… Read more