Cenovus Historical Balance Sheet

CVE Stock  USD 14.30  0.17  1.20%   
Trend analysis of Cenovus Energy balance sheet accounts such as Short Long Term Debt Total of 8.8 B, Other Current Liabilities of 5.5 B or Total Current Liabilities of 4.2 B provides information on Cenovus Energy's total assets, liabilities, and equity, which is the actual value of Cenovus Energy to its prevalent stockholders. By breaking down trends over time using Cenovus Energy balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Cenovus Energy latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Cenovus Energy is a good buy for the upcoming year.

Cenovus Energy Inventory

4.72 Billion

  
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.

About Cenovus Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Cenovus Energy at a specified time, usually calculated after every quarter, six months, or one year. Cenovus Energy Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Cenovus Energy and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Cenovus currently owns. An asset can also be divided into two categories, current and non-current.

Cenovus Energy Balance Sheet Chart

At present, Cenovus Energy's Other Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Accounts Payable is expected to grow to about 1.7 B, whereas Short and Long Term Debt Total is forecasted to decline to about 8.8 B.

Total Assets

Total assets refers to the total amount of Cenovus Energy assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Cenovus Energy books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Cenovus Energy balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Cenovus Energy are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most accounts from Cenovus Energy's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts 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 balance sheet accounts, 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 Other Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Accounts Payable is expected to grow to about 1.7 B, whereas Short and Long Term Debt Total is forecasted to decline to about 8.8 B.
 2022 2023 2024 2025 (projected)
Short and Long Term Debt Total11.6B9.9B10.6B8.8B
Total Assets55.9B53.9B56.5B37.4B

Cenovus Energy balance sheet Correlations

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0.860.810.950.860.80.870.78-0.070.6-0.290.420.82-0.090.680.420.80.760.870.880.950.39-0.580.90.930.81
0.70.90.520.580.610.630.680.080.78-0.060.230.69-0.270.680.230.440.730.70.830.480.69-0.280.770.520.55
0.40.260.420.510.360.320.28-0.27-0.25-0.031.00.25-0.350.420.230.530.070.40.380.470.06-0.470.440.380.8
0.830.590.820.930.780.70.74-0.20.32-0.060.530.75-0.220.80.440.530.630.820.780.860.24-0.580.860.770.89
0.910.890.710.740.90.790.920.20.86-0.380.070.95-0.160.760.730.070.630.910.90.690.31-0.410.870.760.55
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0.840.670.970.870.80.880.77-0.120.43-0.270.470.79-0.170.950.480.470.860.690.840.80.15-0.710.850.970.82
0.320.570.20.380.180.10.24-0.070.540.290.060.280.160.390.690.060.240.310.30.490.150.230.470.110.35
-0.62-0.35-0.71-0.52-0.65-0.79-0.660.09-0.110.36-0.47-0.60.67-0.58-0.28-0.47-0.58-0.41-0.56-0.56-0.710.23-0.56-0.77-0.55
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0.870.710.960.790.860.940.84-0.040.51-0.430.380.85-0.230.930.520.380.770.760.850.820.970.11-0.770.840.72
0.810.660.770.90.730.650.68-0.220.25-0.080.80.69-0.260.810.550.80.890.550.810.80.820.35-0.550.860.72
Click cells to compare fundamentals

Cenovus Energy Account Relationship Matchups

Cenovus Energy balance sheet Accounts

202020212022202320242025 (projected)
Total Assets32.8B54.1B55.9B53.9B56.5B37.4B
Short Long Term Debt Total9.3B15.4B11.6B9.9B10.6B8.8B
Other Current Liab1.4B4.2B4.1B4.6B5.2B5.5B
Total Current Liabilities2.4B7.3B8.0B6.2B7.4B4.2B
Total Stockholder Equity16.7B23.6B27.6B28.7B29.8B17.8B
Other Liab5.6B4.7B8.1B9.0B10.4B10.9B
Property Plant And Equipment Net27.2B37.0B39.0B39.7B41.0B27.9B
Current Deferred Revenue34M1.4B179M88M101.2M96.1M
Net Debt8.9B12.5B7.1B7.7B7.5B7.0B
Accounts Payable608M2.6B2.3B1.1B1.0B1.7B
Cash378M2.9B4.5B2.2B3.1B1.8B
Non Current Assets Total29.8B42.1B43.4B44.2B46.1B31.1B
Non Currrent Assets Other75M475M502M320M426M700.7M
Other Assets58M111M1.2B841M967.2M1.0B
Long Term Debt7.4B12.4B8.7B7.1B7.3B7.8B
Cash And Short Term Investments378M2.9B4.5B2.2B3.1B1.8B
Net Receivables1.4B2.8B3.0B3.2B2.7B2.1B
Common Stock Shares Outstanding1.2B2.0B2.0B1.9B1.9B1.3B
Liabilities And Stockholders Equity32.8B54.1B55.9B53.9B56.5B37.4B
Non Current Liabilities Total13.7B23.2B20.3B19.0B19.4B15.4B
Inventory1.1B3.9B4.3B4.0B4.5B4.7B
Other Current Assets121M1.8B574M242M187M177.7M
Other Stockholder Equity4.4B4.5B2.9B2.0B913M867.4M
Total Liab16.1B30.5B28.3B25.2B26.8B19.6B
Property Plant And Equipment Gross27.2B54.3B61.1B65.9B72.4B76.1B
Total Current Assets3.0B12.0B12.4B9.7B10.4B6.4B
Accumulated Other Comprehensive Income775M684M1.5B1.2B2.3B2.4B
Short Term Debt305M351M423M478M724M704.9M
Intangible Assets89M78M19M11M9.9M9.4M
Property Plant Equipment29.9B27.2B37.0B39.0B44.9B25.1B
Retained Earnings501M878M6.4B8.9B10.5B11.0B
Net Tangible Assets16.8B14.3B19.5B24.1B27.7B29.1B
Short Term Investments10M507M1.3B261M300.2M214.7M
Long Term Investments149M441M420M558M679M713.0M
Short Long Term Debt121M79M115M179M365M660.1M
Long Term Debt Total8.4B9.0B15.1B11.2B12.9B10.3B
Capital Surpluse4.4B4.4B4.3B2.7B2.4B3.3B

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
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 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 Share Portfolio module to track or share privately all of your investments from the convenience of any device.
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
(0.81)
Dividend Share
0.815
Earnings Share
1.16
Revenue Per Share
29.336
Quarterly Revenue Growth
(0.11)
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.