Ovintiv Net Borrowings from 2010 to 2024

OVV Stock  USD 45.42  0.07  0.15%   
Ovintiv Net Borrowings yearly trend continues to be fairly stable with very little volatility. Net Borrowings will likely drop to about -1.6 B in 2024. Net Borrowings is the difference between the amount of new debt Ovintiv has taken on and the amount of debt it has paid off during a given period. View All Fundamentals
 
Net Borrowings  
First Reported
2018-12-31
Previous Quarter
26 M
Current Value
26 M
Quarterly Volatility
370.6 M
 
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 467.4 M or Total Revenue of 7.9 B, as well as many indicators such as Price To Sales Ratio of 1.2, Dividend Yield of 0.0343 or PTB Ratio of 1.08. 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 Net Borrowings Growth Pattern

Below is the plot of the Net Borrowings of Ovintiv over the last few years. It is the difference between the amount of new debt a company has taken on and the amount of debt it has paid off during a given period. Ovintiv's Net Borrowings 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.
Net Borrowings10 Years Trend
Slightly volatile
   Net Borrowings   
       Timeline  

Ovintiv Net Borrowings Regression Statistics

Arithmetic Mean(1,307,955,000)
Geometric Mean722,292,345
Coefficient Of Variation(65.31)
Mean Deviation712,770,000
Median(1,581,825,000)
Standard Deviation854,252,528
Sample Variance729747.4T
Range2.2B
R-Value0.37
Mean Square Error676932.2T
R-Squared0.14
Significance0.17
Slope71,122,232
Total Sum of Squares10216463.4T

Ovintiv Net Borrowings History

2024-1.6 B
2023-1.5 B
2022-1.3 B
2021-2.1 B
2020-20 M
2019114 M
2018-90 M

About Ovintiv Financial Statements

Ovintiv investors use historical fundamental indicators, such as Ovintiv's Net Borrowings, 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
Net Borrowings-1.5 B-1.6 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.