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CNICanadian National Railway Company

Quick Ratio (Acid-Test): 0.49

popular:market cap|pe ratio|revenue|price history|total return

Is the quick ratio (acid-test) high or low?

The quick ratio (acid-test) of 0.49 is 22% below its 5-year average of 0.63, near the low end of its 5-year range (0.42–1.21).

As of Sunday, June 28, 2026. 1.77% above its 12-month average of 0.48.

Current Ratio|Debt to Equity|P/FCF Ratio|All Metrics
Quick Ratio

CNI Quick Ratio

0.49

Reported quarterly quick ratio; no daily interpolation.

-35.98% 5Y
CNI Quick Ratio (Acid-Test)

CNI Average Quick Ratio (Acid-Test) Chart

CNI Quick Ratio (Acid-Test)

CNI Current vs Average Quick Ratio (Acid-Test) Chart

CNI Quick Ratio (Acid-Test) Metrics

QUICK RATIO (ACID-TEST)

0.49

QUICK RATIO (ACID-TEST) AVG TTM

0.48

QUICK RATIO (ACID-TEST) AVG 3Y

0.49

QUICK RATIO (ACID-TEST) AVG 5Y

0.60

QUICK RATIO (ACID-TEST) AVG 10Y

0.60

QUICK RATIO (ACID-TEST) AVG 15Y

0.65

QUICK RATIO (ACID-TEST) AVG 20Y

0.66

CURRENT VS TTM AVG

+1.77%

CURRENT VS 3Y AVG

-1.10%

CURRENT VS 5Y AVG

-18.48%

CURRENT VS 10Y AVG

-19.08%

CURRENT VS 15Y AVG

-24.90%

CURRENT VS 20Y AVG

-26.83%

CNI Competitors' Quick Ratio (Acid-Test)

NAMEMARKET CAPQUICK RATIO (ACID-TEST)TTM3Y5Y
Canadian National Railway Company (CNI)$73.13B0.490.480.490.60
TransDigm Group Incorporated (TDG)vs ›$74.09B2.251.772.452.80
Bloom Energy Corporation (BE)vs ›$71.69B4.953.652.822.38
FedEx Corporation (FDX)vs ›$76.00B1.441.291.311.34
Norfolk Southern Corporation (NSC)vs ›$70.26B0.780.800.850.86
Illinois Tool Works Inc. (ITW)vs ›$77.02B0.890.940.951.20
Cintas Corporation (CTAS)vs ›$68.78B1.821.361.151.09
Canadian Pacific Kansas City Ltd. (CP)vs ›$77.88B0.410.460.470.44
Emerson Electric Co. (EMR)vs ›$80.37B0.651.021.321.25
Comfort Systems USA, Inc. (FIX)vs ›$65.27B1.191.131.101.13

Liquidity Comparison

Quick Ratio

0.49

Excludes inventory

Current Ratio

0.67

Includes inventory

Quick Ratio (Acid-Test) Formula & Definition

Quick Ratio = (Current Assets − Inventory) / Current Liabilities

The quick ratio is a stricter liquidity measure that excludes inventory, showing the ability to meet short-term obligations with the most liquid assets.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Quick Ratio (Acid-Test) FAQ

What is the quick ratio (acid-test) for Canadian National Railway Company (CNI)?
The quick ratio (acid-test) for CNI stock is 0.49.
Is Canadian National Railway Company's quick ratio (acid-test) high or low?
The quick ratio (acid-test) of 0.49 is 22% below its 5-year average of 0.63, near the low end of its 5-year range (0.42–1.21).
What is the TTM average quick ratio (acid-test) for Canadian National Railway Company (CNI)?
The TTM average quick ratio (acid-test) for CNI stock is 0.48.
What is the 3Y average quick ratio (acid-test) for Canadian National Railway Company (CNI)?
The 3Y average quick ratio (acid-test) for CNI stock is 0.49.
What is the 5Y average quick ratio (acid-test) for Canadian National Railway Company (CNI)?
The 5Y average quick ratio (acid-test) for CNI stock is 0.60.
What is the 10Y average quick ratio (acid-test) for Canadian National Railway Company (CNI)?
The 10Y average quick ratio (acid-test) for CNI stock is 0.60.
What is the 15Y average quick ratio (acid-test) for Canadian National Railway Company (CNI)?
The 15Y average quick ratio (acid-test) for CNI stock is 0.65.
What is the 20Y average quick ratio (acid-test) for Canadian National Railway Company (CNI)?
The 20Y average quick ratio (acid-test) for CNI stock is 0.66.

CNI Quick Ratio (Acid-Test) History

DATEQUICK RATIO (ACID-TEST)
2026-03-310.49
2025-12-310.47
2025-09-300.42
2025-06-300.58
2025-03-310.43
2024-12-310.48
2024-09-300.49
2024-06-300.48
2024-03-310.46
2023-12-310.47
2023-09-300.56
2023-06-300.72
2023-03-310.57
2022-12-310.66
2022-09-300.80
2022-06-300.55
2022-03-310.67
2021-12-310.91
2021-09-301.21
2021-06-300.76
2021-03-310.97
2020-12-310.77
2020-09-300.85
2020-06-300.77
2020-03-310.62
2019-12-310.52
2019-09-300.57
2019-06-300.54
2019-03-310.59
2018-12-310.62
2018-09-300.58
2018-06-300.52
2018-03-310.50
2017-12-310.44
2017-09-300.49
2017-06-300.48
2017-03-310.59
2016-12-310.58
2016-09-300.77
2016-06-300.61
2016-03-310.71
2015-12-310.60
2015-09-300.73
2015-06-300.55
2015-03-310.66
2014-12-310.75
2014-09-300.79
2014-06-300.76
2014-03-310.75
2013-12-310.68
2013-09-300.58
2013-06-300.56
2013-03-310.61
2012-12-310.74
2012-09-300.72
2012-06-300.86
2012-03-310.85
2011-12-310.96
2011-09-300.89
2011-06-300.82
2011-03-310.94
2010-12-310.72
2010-09-301.18
2010-06-301.19
2010-03-311.28
2009-12-311.07
2009-09-300.97
2009-06-300.85
2009-03-310.83
2008-12-310.82
2008-09-300.64
2008-06-300.84
2008-03-310.71
2007-12-310.56
2007-09-300.80
2007-06-300.48
2007-03-310.50
2006-12-310.54
2006-09-300.68
2006-06-300.79
2006-03-310.51
2005-12-310.51
2005-09-300.51
2005-06-300.68
2005-03-310.78
2004-12-310.70
2004-09-300.71
2004-06-300.58
2004-03-310.67
2003-12-310.52
2003-10-200.48
2003-06-300.51
2003-03-310.44
2002-12-310.50
2002-09-300.47
2002-06-300.47

Related Metrics

Current RatioDebt to EquityP/FCF RatioAll Metrics

About Canadian National Railway Company

Canadian National Railway Company (CNI), together with its subsidiary operations, functions as a key player in the railway and related logistics industry. The firm handles a wide array of freight, including petroleum products and chemicals, agricultural commodities such as grain and fertilizers, various minerals like coal and metals, timber and paper goods, intermodal containers, and finished automobiles. Its services cater to a broad base of clients, from international exporters and importers to retail chains, agricultural growers, and industrial manufacturers. CNI boasts a substantial rail infrastructure, with approximately 19,500 miles of track extending across both Canada and the United States. Additionally, the company provides diverse ancillary services, encompassing marine terminal management (vessels and docks), cargo transshipment and distribution, specialized automotive supply chain solutions, and comprehensive freight management and forwarding. Founded in 1919, Canadian National Railway Company is based in Montreal, Canada.

Montreal, QC
24,911 employees
www.cn.ca
Industrials / Railroads
Sector
Industrials
Industry
Railroads
CEO
Tracy A. Robinson
View full financials