Asset Turnover (Annual)

Asset Turnover: The amount of sales or revenues generated per dollar of assets. The Asset Turnover ratio is an indicator of the efficiency with which a company is deploying its assets. Calculated as: Total Revenues / Total Assets

Canadian Natural Resources Limited (CNQ) had Asset Turnover of 0.47 for the most recently reported fiscal year, ending 2023-12-31.

Quarterly Annual

Figures for fiscal year ending 2023-12-31

Income Statement Financials
Revenue	$26.65B
Net Income	$6.10B
Cost of Goods Sold	$13.17B
Gross Profit	$13.47B
Operating Expenses	$18.62B
Operating Income	$8.02B
Non-Operating Income/Expense	$-492.63M
Pre-Tax Income	$7.53B
Normalized Pre-Tax Income	$7.49B
Income after Taxes	$6.10B
Income from Continuous Operations	$6.10B
Consolidated Net Income/Loss	$6.10B
Normalized Income after Taxes	$6.05B
EBIT	$8.02B
EBITDA	$12.77B
Weighted-Average Shares Outstanding (Basic)	1.09B
Weighted-Average Shares Outstanding (Diluted)	1.10B
Earnings per Share (EPS) (Basic)	$5.59
Earnings per Share (EPS) (Diluted)	$5.53
Balance Sheet Financials
Current Assets	$5.31B
Property, Plant, and Equipment	$49.48B
Long-Term Assets	$50.96B
Total Assets	$56.27B
Current Liabilities	$5.51B
Long-Term Debt	$7.27B
Long-Term Liabilities	$21.25B
Total Liabilities	$26.76B
Common Equity	$29.51B
Tangible Shareholders Equity	$29.51B
Shareholders Equity	$29.51B
Common Shares Outstanding	1.07B
Cash Flow Statement Financials
Cash Flow from Operating Activities	$9.15B
Cash Flow from Investing Activities	$-3.60B
Cash Flow from Financial Activities	$-5.58B
Beginning Cash	$681.54M
End Cash	$649.68M
Increase/Decrease in Cash	$-31.85M
Stock-Based Compensation	$363.73M
Common Stock Dividends Paid	$-2.88B
Preferred Stock Dividends Paid	--
Fundamental Metrics & Ratios
Current Ratio	0.96
Non-Performing Assets / Total Loans	--
Loan Loss Reserves / Non-Performing Loans	--
Debt to Capital Ratio	0.20
Debt to Equity Ratio	0.27
Gross Margin	50.56%
Operating Margin	30.11%
EBIT Margin	30.11%
EBITDA Margin	47.94%
Pre-Tax Profit Margin	28.26%
Profit Margin	22.89%
Free Cash Flow	$5.51B
Loss Ratio	--
Expense Ratio	--
Combined Ratio	--
Asset Turnover	0.47
Inventory Turnover	8.74
Receiveable Turnover	11.28
Days Sales in Receivables	32.36
Return on Equity	20.67%
Return on Tangible Equity	20.67%
Return on Assets	10.84%
Return on Investments	16.58%
Book Value Per Share	$27.52
Free Cash Flow per Share	$5.00
Operating Cash Flow per Share	$8.30

Data from Zacks Investment Research, Inc.