Ovintiv Accumulated Depreciation from 2010 to 2025

OVV Stock  USD 42.22  1.75  3.98%   
Ovintiv Accumulated Depreciation yearly trend continues to be fairly stable with very little volatility. Accumulated Depreciation will likely drop to about -46.8 B in 2025. During the period from 2010 to 2025, Ovintiv Accumulated Depreciation regression line of quarterly data had mean square error of 1392460.1 T and geometric mean of  48,204,396,970. View All Fundamentals
 
Accumulated Depreciation  
First Reported
2010-12-31
Previous Quarter
-44.6 B
Current Value
-46.8 B
Quarterly Volatility
1.2 B
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Ovintiv financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ovintiv's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.7 B, Interest Expense of 466.8 M or Total Revenue of 7.9 B, as well as many indicators such as Price To Sales Ratio of 1.19, Dividend Yield of 0.0342 or PTB Ratio of 1.07. Ovintiv financial statements analysis is a perfect complement when working with Ovintiv Valuation or Volatility modules.
  
Check out the analysis of Ovintiv Correlation against competitors.
For more information on how to buy Ovintiv Stock please use our How to Invest in Ovintiv guide.

Latest Ovintiv's Accumulated Depreciation Growth Pattern

Below is the plot of the Accumulated Depreciation of Ovintiv over the last few years. Accumulated depreciation is the total amount of depreciation for Ovintiv fixed asset that has been charged to Ovintiv expense since that asset was acquired and made available for Ovintiv use. The accumulated depreciation account is Ovintiv asset account with a credit balance. It is also known as a contra asset account and appears on the balance sheet as a reduction from the gross amount of fixed assets reported by Ovintiv. It is Ovintiv's Accumulated Depreciation historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Ovintiv's overall financial position and show how it may be relating to other accounts over time.
Accumulated Depreciation10 Years Trend
Pretty Stable
   Accumulated Depreciation   
       Timeline  

Ovintiv Accumulated Depreciation Regression Statistics

Arithmetic Mean(48,218,065,312)
Geometric Mean48,204,396,970
Coefficient Of Variation(2.42)
Mean Deviation624,510,703
Median(48,306,000,000)
Standard Deviation1,167,987,172
Sample Variance1364194T
Range5B
R-Value0.22
Mean Square Error1392460.1T
R-Squared0.05
Significance0.42
Slope53,370,772
Total Sum of Squares20462910.5T

Ovintiv Accumulated Depreciation History

2025-46.8 B
2024-44.6 B
2021-49.6 B

About Ovintiv Financial Statements

Ovintiv investors use historical fundamental indicators, such as Ovintiv's Accumulated Depreciation, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Ovintiv. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Accumulated Depreciation-44.6 B-46.8 B

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Additional Tools for Ovintiv Stock Analysis

When running Ovintiv's price analysis, check to measure Ovintiv's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ovintiv is operating at the current time. Most of Ovintiv's value examination focuses on studying past and present price action to predict the probability of Ovintiv's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ovintiv's price. Additionally, you may evaluate how the addition of Ovintiv to your portfolios can decrease your overall portfolio volatility.