Cenovus Financial Statements From 2010 to 2025

CVE Stock  CAD 19.83  0.12  0.60%   
Cenovus Energy financial statements provide useful quarterly and yearly information to potential Cenovus Energy investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Cenovus Energy financial statements helps investors assess Cenovus Energy's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Cenovus Energy's valuation are summarized below:
Gross Profit
10.8 B
Profit Margin
0.0579
Market Capitalization
36.3 B
Enterprise Value Revenue
0.772
Revenue
54.3 B
We have found one hundred twenty available fundamental signals for Cenovus Energy, which can be analyzed and compared to other ratios and to its rivals. Self-guided Investors are advised to validate Cenovus Energy's prevailing fundamentals against the trend between 2010 and 2025 to make sure the company can sustain itself down the road.

Cenovus Energy Total Revenue

60.61 Billion

Check Cenovus Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cenovus Energy's main balance sheet or income statement drivers, such as Depreciation And Amortization of 5.8 B, Interest Expense of 582.9 M or Selling General Administrative of 468.9 M, as well as many indicators such as Price To Sales Ratio of 1.18, Dividend Yield of 0.0244 or PTB Ratio of 1.78. Cenovus financial statements analysis is a perfect complement when working with Cenovus Energy Valuation or Volatility modules.
  
This module can also supplement various Cenovus Energy Technical models . Check out the analysis of Cenovus Energy Correlation against competitors.
To learn how to invest in Cenovus Stock, please use our How to Invest in Cenovus Energy guide.

Cenovus Energy Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets37.4 B56.5 B35.8 B
Slightly volatile
Short and Long Term Debt Total9.1 B11.4 B8.8 B
Slightly volatile
Other Current Liabilities5.5 B5.3 B2.9 B
Slightly volatile
Total Current Liabilities4.2 B7.4 B4.1 B
Slightly volatile
Total Stockholder Equity17.8 B29.8 B17.1 B
Slightly volatile
Property Plant And Equipment Net27.8 B41 B26.7 B
Slightly volatile
Net Debt6.8 B4.6 B6.3 B
Slightly volatile
Accounts PayableBB812.8 M
Slightly volatile
Cash1.8 B3.1 B1.8 B
Slightly volatile
Non Current Assets Total31.1 B46.1 B29.5 B
Slightly volatile
Non Currrent Assets Other316.4 M333 M682.2 M
Slightly volatile
Cash And Short Term Investments1.7 B2.6 B1.8 B
Slightly volatile
Net ReceivablesB2.4 B1.9 B
Slightly volatile
Good Will1.8 B3.4 B1.8 B
Slightly volatile
Common Stock Shares Outstanding1.3 B1.8 B1.2 B
Slightly volatile
Liabilities And Stockholders Equity35.9 B62 B36 B
Slightly volatile
Non Current Liabilities Total15.4 B19.4 B14.6 B
Slightly volatile
Inventory4.7 B4.5 B2.1 B
Slightly volatile
Other Current Assets475.3 M303.6 M465.7 M
Very volatile
Other Stockholder Equity1.7 B1.8 BB
Slightly volatile
Total Liabilities19.6 B26.8 B18.7 B
Slightly volatile
Property Plant And Equipment Gross76.1 B72.4 B35.8 B
Slightly volatile
Total Current Assets6.4 B10.4 B6.2 B
Slightly volatile
Accumulated Other Comprehensive Income1.5 B1.4 B785.4 M
Slightly volatile
Short Term Debt408.7 M430.2 MB
Pretty Stable
Retained Earnings11 B10.5 B3.4 B
Slightly volatile
Common Stock Total Equity8.2 B12.7 BB
Slightly volatile
Common Stock10.6 B18.4 B9.6 B
Slightly volatile
Other Liabilities6.8 B10.4 B6.5 B
Slightly volatile
Net Tangible Assets16.5 B27.7 B15.4 B
Slightly volatile
Other AssetsB967.1 M370.2 M
Slightly volatile
Long Term Debt8.4 B7.3 B7.4 B
Slightly volatile
Long Term Investments713 M679 M208.2 M
Slightly volatile
Short and Long Term Debt346.8 M365 M3.5 B
Slightly volatile
Property Plant Equipment29.9 B44.9 B27.6 B
Slightly volatile
Deferred Long Term Liabilities3.1 B5.2 B3.6 B
Slightly volatile
Short Term Investments171 M180 M480.3 M
Very volatile
Long Term Debt Total10.3 B12.9 B8.8 B
Slightly volatile
Capital Surpluse3.3 B2.4 BB
Slightly volatile
Intangible Assets9.4 M9.9 M129.5 M
Slightly volatile
Non Current Liabilities Other243.6 M431 M152.2 M
Slightly volatile
Net Invested Capital34.4 B37.1 B30.7 B
Slightly volatile
Net Working Capital2.5 B3.1 B1.5 B
Slightly volatile
Capital Stock15.7 B16 B12.8 B
Slightly volatile
Capital Lease Obligations2.8 B2.9 B2.2 B
Slightly volatile

Cenovus Energy Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization5.8 B5.5 B2.8 B
Slightly volatile
Interest Expense582.9 M649 M567.8 M
Slightly volatile
Selling General Administrative468.9 M794 M449.5 M
Slightly volatile
Selling And Marketing Expenses784.2 M958.5 MB
Slightly volatile
Total Revenue60.6 B57.7 B30.2 B
Slightly volatile
Gross Profit13.4 B12.8 B6.1 B
Slightly volatile
Other Operating Expenses56.5 B53.8 B27.8 B
Slightly volatile
Cost Of Revenue22.9 B45 B22.6 B
Slightly volatile
Total Operating Expenses55.3 B52.7 B9.7 B
Slightly volatile
Research Development25.7 M13.8 M19.7 M
Pretty Stable
Non Recurring856.1 M815.4 M574.9 M
Slightly volatile
Interest Income161.5 M170 M867.6 M
Slightly volatile
Reconciled Depreciation4.1 B4.9 BB
Slightly volatile

Cenovus Energy Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow1.6 B2.2 B1.7 B
Slightly volatile
Capital Expenditures2.8 BB2.6 B
Pretty Stable
Total Cash From Operating Activities9.7 B9.2 B4.5 B
Slightly volatile
End Period Cash Flow1.8 B3.1 B1.8 B
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio1.180.69760.9681
Slightly volatile
Dividend Yield0.02440.03850.0222
Very volatile
PTB Ratio1.781.35341.5459
Slightly volatile
Days Sales Outstanding15.9716.806528.7505
Slightly volatile
Book Value Per Share11.2216.108513.9729
Pretty Stable
Operating Cash Flow Per Share3.814.99723.3942
Very volatile
PB Ratio1.781.35341.5459
Slightly volatile
EV To Sales1.510.82821.2521
Slightly volatile
Inventory Turnover13.1510.000212.7289
Pretty Stable
Days Of Inventory On Hand36.0836.499231.8701
Pretty Stable
Payables Turnover74.444.737376.0439
Slightly volatile
Sales General And Administrative To Revenue0.020.01380.018
Pretty Stable
Research And Ddevelopement To Revenue0.00128.0E-40.0012
Very volatile
Capex To Revenue0.120.08690.1071
Slightly volatile
Cash Per Share1.221.67371.6548
Very volatile
POCF Ratio6.924.36048.6755
Very volatile
Capex To Operating Cash Flow0.960.5430.8948
Very volatile
Days Payables Outstanding7.758.158711.9111
Very volatile
EV To Operating Cash Flow9.825.17712.4864
Very volatile
Intangibles To Total Assets0.03650.05190.0442
Slightly volatile
Current Ratio1.231.41731.5668
Very volatile
Tangible Book Value Per Share10.1414.520812.6579
Very volatile
Receivables Turnover22.821.717814.5688
Slightly volatile
Graham Number17.8824.817422.6114
Very volatile
Shareholders Equity Per Share11.2216.100313.9711
Pretty Stable
Debt To Equity0.570.35740.5174
Slightly volatile
Capex Per Share2.672.71372.402
Slightly volatile
Revenue Per Share17.2131.236421.9731
Pretty Stable
Interest Debt Per Share8.516.10547.7203
Slightly volatile
Debt To Assets0.260.18810.2389
Pretty Stable
Short Term Coverage Ratios28.6225.301421.613
Slightly volatile
Operating Cycle70.2853.305761.76
Pretty Stable
Price Book Value Ratio1.781.35341.5459
Slightly volatile
Days Of Payables Outstanding7.758.158711.9111
Very volatile
Price To Operating Cash Flows Ratio6.924.36048.6755
Very volatile
Company Equity Multiplier2.391.90022.1753
Slightly volatile
Long Term Debt To Capitalization0.350.19790.319
Slightly volatile
Total Debt To Capitalization0.370.26330.3386
Slightly volatile
Debt Equity Ratio0.570.35740.5174
Slightly volatile
Quick Ratio1.20.80661.1395
Pretty Stable
Dividend Paid And Capex Coverage Ratio1.021.40651.2609
Slightly volatile
Net Income Per E B T0.650.77180.8056
Very volatile
Cash Ratio0.370.42010.4946
Very volatile
Operating Cash Flow Sales Ratio0.180.160.1454
Pretty Stable
Days Of Inventory Outstanding36.0836.499231.8701
Pretty Stable
Days Of Sales Outstanding15.9716.806528.7505
Slightly volatile
Cash Flow Coverage Ratios0.910.86840.5227
Pretty Stable
Price To Book Ratio1.781.35341.5459
Slightly volatile
Fixed Asset Turnover0.781.40790.9941
Pretty Stable
Capital Expenditure Coverage Ratio1.221.84151.5013
Slightly volatile
Price Cash Flow Ratio6.924.36048.6755
Very volatile
Debt Ratio0.260.18810.2389
Pretty Stable
Cash Flow To Debt Ratio0.910.86840.5227
Pretty Stable
Price Sales Ratio1.180.69760.9681
Slightly volatile
Asset Turnover0.581.0210.73
Pretty Stable
Gross Profit Margin0.230.22110.1951
Slightly volatile
Price Fair Value1.781.35341.5459
Slightly volatile

Cenovus Fundamental Market Drivers

Forward Price Earnings12.2699

About Cenovus Energy Financial Statements

Cenovus Energy investors utilize fundamental indicators, such as revenue or net income, to predict how Cenovus Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue101.2 M96.1 M
Total Revenue57.7 B60.6 B
Cost Of Revenue45 B22.9 B
Sales General And Administrative To Revenue 0.01  0.02 
Capex To Revenue 0.09  0.12 
Revenue Per Share 31.24  17.21 
Ebit Per Revenue 0.12  0.07 

Pair Trading with Cenovus Energy

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Cenovus Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Cenovus Energy will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Cenovus Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cenovus Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Cenovus Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Cenovus Energy to buy it.
The correlation of Cenovus Energy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cenovus Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cenovus Energy moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Cenovus Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Cenovus Energy is a strong investment it is important to analyze Cenovus Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Cenovus Energy's future performance. For an informed investment choice regarding Cenovus Stock, refer to the following important reports:
Check out the analysis of Cenovus Energy Correlation against competitors.
To learn how to invest in Cenovus Stock, please use our How to Invest in Cenovus Energy guide.
You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Please note, there is a significant difference between Cenovus Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cenovus Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cenovus Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.