Cenovus Capex To Revenue vs Price To Sales Ratio Analysis

CVE Stock

USD 15.71 0.23 1.49%

Cenovus Energy financial indicator trend analysis is way more than just evaluating Cenovus Energy prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cenovus Energy is a good investment. Please check the relationship between Cenovus Energy Capex To Revenue and its Price To Sales Ratio accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cenovus Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.

For information on how to trade Cenovus Stock refer to our How to Trade Cenovus Stock guide.

Capex To Revenue vs Price To Sales Ratio

Capex To Revenue vs Price To Sales Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cenovus Energy Capex To Revenue account and Price To Sales Ratio. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Cenovus Energy's Capex To Revenue and Price To Sales Ratio is 0.8. Overlapping area represents the amount of variation of Capex To Revenue that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Cenovus Energy, assuming nothing else is changed. The correlation between historical values of Cenovus Energy's Capex To Revenue and Price To Sales Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capex To Revenue of Cenovus Energy are associated (or correlated) with its Price To Sales Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price To Sales Ratio has no effect on the direction of Capex To Revenue i.e., Cenovus Energy's Capex To Revenue and Price To Sales Ratio go up and down completely randomly.

Correlation Coefficient

0.8

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Capex To Revenue

The ratio of a company's capital expenditures to its total revenue, indicating how much of the revenue is used for acquiring or maintaining physical assets.

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Cenovus Energy stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Cenovus Energy sales, a figure that is much harder to manipulate than other Cenovus Energy multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.

Most indicators from Cenovus Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cenovus Energy current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cenovus Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.

For information on how to trade Cenovus Stock refer to our How to Trade Cenovus Stock guide.At present, Cenovus Energy's Sales General And Administrative To Revenue is projected to slightly decrease based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 8.26, whereas Selling General Administrative is forecasted to decline to about 443.6 M.

	2021	2022	2023	2024 (projected)
Interest Expense	1.0B	812M	723M	574.7M
Depreciation And Amortization	4.5B	4.5B	4.6B	2.5B

Interest Expense Depreciation And Amortization

Cenovus Energy fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets
Total Assets		0.89	0.81	0.87	0.98	0.85	0.97	0.02	0.7	-0.2	0.35	0.98	-0.33	0.84	0.77	0.35	0.82	0.9	0.98	0.97	0.82	0.44	-0.55	0.97	0.86	0.78
Short Long Term Debt Total	0.89		0.69	0.71	0.83	0.72	0.85	0.2	0.87	-0.25	0.23	0.88	-0.21	0.79	0.91	0.23	0.56	0.88	0.9	0.94	0.67	0.64	-0.3	0.9	0.72	0.64
Other Current Liab	0.81	0.69		0.83	0.76	0.86	0.73	0.05	0.49	-0.22	0.37	0.76	-0.22	0.95	0.59	0.37	0.83	0.69	0.81	0.8	0.96	0.4	-0.61	0.83	0.95	0.76
Total Current Liabilities	0.87	0.71	0.83		0.77	0.67	0.75	-0.16	0.46	0.16	0.47	0.78	-0.15	0.82	0.63	0.47	0.94	0.7	0.85	0.85	0.86	0.51	-0.42	0.93	0.76	0.89
Total Stockholder Equity	0.98	0.83	0.76	0.77		0.86	0.98	0.06	0.67	-0.32	0.3	0.98	-0.37	0.77	0.69	0.3	0.76	0.9	0.95	0.92	0.77	0.29	-0.58	0.9	0.85	0.69
Other Liab	0.85	0.72	0.86	0.67	0.86		0.86	-0.03	0.58	-0.29	0.25	0.85	-0.45	0.85	0.65	0.25	0.69	0.77	0.82	0.81	0.86	0.22	-0.73	0.79	0.94	0.59
Property Plant And Equipment Net	0.97	0.85	0.73	0.75	0.98	0.86		0.07	0.73	-0.26	0.21	0.99	-0.45	0.74	0.74	0.21	0.71	0.91	0.93	0.94	0.73	0.35	-0.61	0.91	0.82	0.63
Current Deferred Revenue	0.02	0.2	0.05	-0.16	0.06	-0.03	0.07		0.33	-0.67	-0.27	0.09	0.01	-0.05	0.08	-0.27	-0.19	0.22	0.1	0.03	-0.11	-0.08	0.08	-0.03	-0.02	-0.21
Net Debt	0.7	0.87	0.49	0.46	0.67	0.58	0.73	0.33		-0.28	-0.28	0.78	-0.03	0.6	0.78	-0.28	0.3	0.87	0.71	0.76	0.44	0.58	-0.07	0.68	0.55	0.24
Accounts Payable	-0.2	-0.25	-0.22	0.16	-0.32	-0.29	-0.26	-0.67	-0.28		0.07	-0.27	0.08	-0.19	-0.05	0.07	0.07	-0.31	-0.27	-0.15	-0.11	0.23	0.22	-0.05	-0.29	0.08
Cash	0.35	0.23	0.37	0.47	0.3	0.25	0.21	-0.27	-0.28	0.07		0.18	-0.35	0.36	0.24	1.0	0.5	-0.01	0.36	0.33	0.43	0.09	-0.44	0.39	0.32	0.79
Non Current Assets Total	0.98	0.88	0.76	0.78	0.98	0.85	0.99	0.09	0.78	-0.27	0.18		-0.33	0.78	0.76	0.18	0.72	0.95	0.95	0.95	0.75	0.4	-0.52	0.92	0.84	0.64
Non Currrent Assets Other	-0.33	-0.21	-0.22	-0.15	-0.37	-0.45	-0.45	0.01	-0.03	0.08	-0.35	-0.33		-0.12	-0.28	-0.35	-0.22	-0.15	-0.28	-0.32	-0.21	0.16	0.79	-0.27	-0.3	-0.26
Other Assets	0.84	0.79	0.95	0.82	0.77	0.85	0.74	-0.05	0.6	-0.19	0.36	0.78	-0.12		0.7	0.36	0.79	0.74	0.85	0.85	0.94	0.54	-0.48	0.87	0.94	0.77
Long Term Debt	0.77	0.91	0.59	0.63	0.69	0.65	0.74	0.08	0.78	-0.05	0.24	0.76	-0.28	0.7		0.24	0.46	0.75	0.75	0.87	0.54	0.72	-0.3	0.82	0.59	0.58
Cash And Short Term Investments	0.35	0.23	0.37	0.47	0.3	0.25	0.21	-0.27	-0.28	0.07	1.0	0.18	-0.35	0.36	0.24		0.5	-0.01	0.36	0.33	0.43	0.09	-0.44	0.39	0.32	0.79
Net Receivables	0.82	0.56	0.83	0.94	0.76	0.69	0.71	-0.19	0.3	0.07	0.5	0.72	-0.22	0.79	0.46	0.5		0.63	0.8	0.75	0.87	0.31	-0.54	0.84	0.77	0.88
Good Will	0.9	0.88	0.69	0.7	0.9	0.77	0.91	0.22	0.87	-0.31	-0.01	0.95	-0.15	0.74	0.75	-0.01	0.63		0.91	0.88	0.67	0.38	-0.33	0.85	0.75	0.5
Common Stock Shares Outstanding	0.98	0.9	0.81	0.85	0.95	0.82	0.93	0.1	0.71	-0.27	0.36	0.95	-0.28	0.85	0.75	0.36	0.8	0.91		0.96	0.83	0.39	-0.5	0.95	0.85	0.78
Non Current Liabilities Total	0.97	0.94	0.8	0.85	0.92	0.81	0.94	0.03	0.76	-0.15	0.33	0.95	-0.32	0.85	0.87	0.33	0.75	0.88	0.96		0.79	0.59	-0.5	0.98	0.82	0.77
Inventory	0.82	0.67	0.96	0.86	0.77	0.86	0.73	-0.11	0.44	-0.11	0.43	0.75	-0.21	0.94	0.54	0.43	0.87	0.67	0.83	0.79		0.33	-0.61	0.84	0.96	0.81
Other Current Assets	0.44	0.64	0.4	0.51	0.29	0.22	0.35	-0.08	0.58	0.23	0.09	0.4	0.16	0.54	0.72	0.09	0.31	0.38	0.39	0.59	0.33		0.12	0.58	0.3	0.45
Other Stockholder Equity	-0.55	-0.3	-0.61	-0.42	-0.58	-0.73	-0.61	0.08	-0.07	0.22	-0.44	-0.52	0.79	-0.48	-0.3	-0.44	-0.54	-0.33	-0.5	-0.5	-0.61	0.12		-0.49	-0.68	-0.49
Total Liab	0.97	0.9	0.83	0.93	0.9	0.79	0.91	-0.03	0.68	-0.05	0.39	0.92	-0.27	0.87	0.82	0.39	0.84	0.85	0.95	0.98	0.84	0.58	-0.49		0.83	0.84
Property Plant And Equipment Gross	0.86	0.72	0.95	0.76	0.85	0.94	0.82	-0.02	0.55	-0.29	0.32	0.84	-0.3	0.94	0.59	0.32	0.77	0.75	0.85	0.82	0.96	0.3	-0.68	0.83		0.69
Total Current Assets	0.78	0.64	0.76	0.89	0.69	0.59	0.63	-0.21	0.24	0.08	0.79	0.64	-0.26	0.77	0.58	0.79	0.88	0.5	0.78	0.77	0.81	0.45	-0.49	0.84	0.69

Click cells to compare fundamentals

Cenovus Energy Account Relationship Matchups

Cenovus Energy fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	35.7B	32.8B	54.1B	55.9B	53.9B	35.9B
Short Long Term Debt Total	8.6B	9.3B	15.4B	11.6B	9.9B	8.7B
Other Current Liab	81M	1.4B	4.2B	4.1B	4.6B	4.8B
Total Current Liabilities	2.5B	2.4B	7.3B	8.0B	6.2B	4.0B
Total Stockholder Equity	19.2B	16.7B	23.6B	27.6B	28.7B	16.9B
Other Liab	5.6B	4.7B	8.1B	9.0B	10.4B	10.9B
Property Plant And Equipment Net	29.9B	27.2B	37.0B	39.0B	39.7B	26.8B
Current Deferred Revenue	34M	1.4B	179M	88M	101.2M	96.1M
Net Debt	8.4B	8.9B	12.5B	7.1B	7.7B	6.9B
Accounts Payable	2.2B	608M	2.6B	2.3B	1.1B	1.7B
Cash	186M	378M	2.9B	4.5B	2.2B	1.7B
Non Current Assets Total	32.4B	29.8B	42.1B	43.4B	44.2B	29.8B
Non Currrent Assets Other	211M	75M	475M	502M	320M	304M
Other Assets	58M	111M	1.2B	841M	967.2M	1.0B
Long Term Debt	6.7B	7.4B	12.4B	8.7B	7.1B	7.7B
Cash And Short Term Investments	186M	378M	2.9B	4.5B	2.2B	1.7B
Net Receivables	1.6B	1.4B	2.8B	3.0B	3.2B	2.0B
Common Stock Shares Outstanding	1.2B	1.2B	2.0B	2.0B	1.9B	1.2B
Liabilities And Stockholders Equity	35.7B	32.8B	54.1B	55.9B	53.9B	35.9B
Non Current Liabilities Total	14.0B	13.7B	23.2B	20.3B	19.0B	15.0B
Inventory	1.5B	1.1B	3.9B	4.3B	4.0B	4.2B
Other Current Assets	5M	121M	1.8B	574M	242M	470.7M
Other Stockholder Equity	4.4B	4.4B	4.5B	2.9B	2.0B	1.9B
Total Liab	16.5B	16.1B	30.5B	28.3B	25.2B	19.0B
Property Plant And Equipment Gross	29.9B	27.2B	54.3B	61.1B	65.9B	69.2B
Total Current Assets	3.3B	3.0B	12.0B	12.4B	9.7B	6.1B
Accumulated Other Comprehensive Income	827M	775M	684M	1.5B	1.2B	1.3B
Short Term Debt	196M	305M	351M	423M	478M	713.2M
Intangible Assets	101M	89M	78M	19M	17.1M	16.2M
Property Plant Equipment	29.9B	27.2B	37.0B	39.0B	44.9B	25.1B
Retained Earnings	3.0B	501M	878M	6.4B	8.9B	9.4B
Net Tangible Assets	16.8B	14.3B	19.5B	24.1B	27.7B	29.1B
Short Term Investments	78M	10M	507M	1.3B	261M	214.7M
Long Term Investments	52M	149M	441M	420M	558M	585.9M
Long Term Debt Total	8.4B	9.0B	15.1B	11.2B	12.9B	10.3B
Capital Surpluse	4.4B	4.4B	4.3B	2.7B	2.4B	3.3B

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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:

How To Invest In Cenovus

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Is Cenovus Stock a good investment?

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What is Cenovus Energy's Net Worth?

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Largest Oil, Gas & Consumable Fuels Companies

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cenovus Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.

For information on how to trade Cenovus Stock refer to our How to Trade Cenovus Stock guide.

You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.

Is Oil, Gas & Consumable Fuels space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cenovus Energy. If investors know Cenovus will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cenovus Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.57)

Dividend Share

0.775

Earnings Share

1.42

Revenue Per Share

29.87

Quarterly Revenue Growth

(0.02)

The market value of Cenovus Energy is measured differently than its book value, which is the value of Cenovus that is recorded on the company's balance sheet. Investors also form their own opinion of Cenovus Energy's value that differs from its market value or its book value, called intrinsic value, which is Cenovus Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cenovus Energy's market value can be influenced by many factors that don't directly affect Cenovus Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

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.

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Cenovus Capex To Revenue vs Price To Sales Ratio Analysis

Capex To Revenue vs Price To Sales Ratio

Capex To Revenue vs Price To Sales Ratio Correlation Analysis

Correlation Coefficient

Capex To Revenue

Price To Sales Ratio

Cenovus Energy fundamental ratios Correlations

Cenovus Energy Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Cenovus Energy fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Non Current Assets Total	+ 0.99	Property Plant And Equipment Net
Total Stockholder Equity	+ 0.98	Total Assets
Non Current Assets Total	+ 0.98	Total Assets
Common Stock Shares Outstanding	+ 0.98	Total Assets
Property Plant And Equipment Net	+ 0.98	Total Stockholder Equity

Other Stockholder Equity	- 0.73	Other Liab
Property Plant And Equipment Gross	- 0.68	Other Stockholder Equity
Accounts Payable	- 0.67	Current Deferred Revenue
Other Stockholder Equity	- 0.61	Inventory
Other Stockholder Equity	- 0.61	Property Plant And Equipment Net
Other Stockholder Equity	- 0.61	Other Current Liab