Canadian Natural Resources Ltd (CNQ) - Total Liabilities

Latest as of September 2025: CA$45.13 Billion CAD ≈ $32.64 Billion USD

Based on the latest financial reports, Canadian Natural Resources Ltd (CNQ) has total liabilities worth CA$45.13 Billion CAD (≈ $32.64 Billion USD) as of September 2025. Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities.

Canadian Natural Resources Ltd - Total Liabilities Trend (1993–2024)

This chart illustrates how Canadian Natural Resources Ltd's total liabilities have evolved over time, based on quarterly financial data. See CNQ working capital efficiency to evaluate short-term liquidity relative to the company's equity base.

Canadian Natural Resources Ltd Competitors by Total Liabilities

The table below lists competitors of Canadian Natural Resources Ltd ranked by their total liabilities.

Company	Country	Total Liabilities
Freeport-McMoran Copper & Gold Inc NYSE:FCX	USA	$27.33 Billion
Sandisk Corp NASDAQ:SNDK	USA	$2.79 Billion
Glencore plc MX:GLENN	Mexico	MX$108.59 Billion
CHRISTIAN DIOR ADR1/4/EO2 F:DIO0	Germany	€72.69 Billion
Zijin Mining Group Co Ltd Class A SHG:601899	China	CN¥257.65 Billion
Compagnie Financière Richemont SA SW:CFR	Switzerland	CHF19.19 Billion
Vertiv Holdings Co NYSE:VRT	USA	$8.27 Billion
SK Square Co Ltd KO:402340	Korea	₩2.39 Trillion

Liability Composition Analysis (1993–2024)

This chart breaks down Canadian Natural Resources Ltd's total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted. For the full company profile including market capitalisation, see Canadian Natural Resources Ltd (CNQ) total market value.

Liquidity & Leverage Metrics

Key Metrics Explained

Metric	Value	Description
Current Ratio	0.86	Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities)
Quick Ratio	N/A	More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities)
Cash Ratio	0.01	Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities)
Debt to Equity	1.12	Measures financial leverage (Total Liabilities ÷ Shareholder Equity)
Debt to Assets	0.53	Portion of assets financed with debt (Total Liabilities ÷ Total Assets)

Liability Trends Comparison

This chart compares key liability metrics across different time periods, showing how Canadian Natural Resources Ltd's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.

Annual Total Liabilities for Canadian Natural Resources Ltd (1993–2024)

The table below shows the annual total liabilities of Canadian Natural Resources Ltd from 1993 to 2024.

Year	Total Liabilities	Change
2024-12-31	CA$45.89 Billion ≈ $33.20 Billion	+27.04%
2023-12-31	CA$36.12 Billion ≈ $26.13 Billion	-4.86%
2022-12-31	CA$37.97 Billion ≈ $27.46 Billion	-4.41%
2021-12-31	CA$39.72 Billion ≈ $28.73 Billion	-7.40%
2020-12-31	CA$42.90 Billion ≈ $31.03 Billion	-0.54%
2019-12-31	CA$43.13 Billion ≈ $31.20 Billion	+8.96%
2018-12-31	CA$39.59 Billion ≈ $28.64 Billion	-6.23%
2017-12-31	CA$42.21 Billion ≈ $30.54 Billion	+30.37%
2016-12-31	CA$32.38 Billion ≈ $23.42 Billion	+1.53%
2015-12-31	CA$31.89 Billion ≈ $23.07 Billion	+1.87%
2014-12-31	CA$31.31 Billion ≈ $22.65 Billion	+20.50%
2013-12-31	CA$25.98 Billion ≈ $18.79 Billion	+5.20%
2012-12-31	CA$24.70 Billion ≈ $17.87 Billion	+1.30%
2011-12-31	CA$24.38 Billion ≈ $17.64 Billion	+12.43%
2010-12-31	CA$21.68 Billion ≈ $15.69 Billion	+0.40%
2009-12-31	CA$21.60 Billion ≈ $15.62 Billion	-11.03%
2008-12-31	CA$24.28 Billion ≈ $17.56 Billion	+6.51%
2007-12-31	CA$22.79 Billion ≈ $16.49 Billion	+1.43%
2006-12-31	CA$22.47 Billion ≈ $16.26 Billion	+65.04%
2005-12-31	CA$13.62 Billion ≈ $9.85 Billion	+22.82%
2004-12-31	CA$11.09 Billion ≈ $8.02 Billion	+37.19%
2003-12-31	CA$8.08 Billion ≈ $5.85 Billion	-4.83%
2002-12-31	CA$8.49 Billion ≈ $6.14 Billion	+64.12%
2001-12-31	CA$5.17 Billion ≈ $3.74 Billion	+13.48%
2000-12-31	CA$4.56 Billion ≈ $3.30 Billion	+54.09%
1999-12-31	CA$2.96 Billion ≈ $2.14 Billion	+50.14%
1998-12-31	CA$1.97 Billion ≈ $1.43 Billion	+14.11%
1997-12-31	CA$1.73 Billion ≈ $1.25 Billion	+74.72%
1996-12-31	CA$988.40 Million ≈ $714.99 Million	+144.59%
1995-12-31	CA$404.10 Million ≈ $292.32 Million	+5.90%
1994-12-31	CA$381.60 Million ≈ $276.04 Million	+43.62%
1993-12-31	CA$265.70 Million ≈ $192.20 Million	--

About Canadian Natural Resources Ltd

TO:CNQ Canada Oil & Gas E&P

Market Cap

$91.38 Billion

CA$126.32 Billion CAD

Market Cap Rank

#280 Global

#9 in Canada

Share Price

CA$60.64

Change (1 day)

-1.70%

52-Week Range

CA$40.66 - CA$69.50

All Time High

CA$69.50