Cenovus Historical Balance Sheet
CVE Stock | USD 16.67 0.19 1.15% |
Trend analysis of Cenovus Energy balance sheet accounts such as Short Long Term Debt Total of 8.7 B, Other Current Liabilities of 4.8 B or Total Current Liabilities of 4 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.
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.
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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
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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.Capital Lease Obligations
Cenovus Energy capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Cenovus Energy asset purchases. For example, Cenovus Energy can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Cenovus Energy control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.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 Other Assets is expected to grow to about 1 B, whereas Short and Long Term Debt Total is forecasted to decline to about 8.7 B.
2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 15.4B | 11.6B | 9.9B | 8.7B | Total Assets | 54.1B | 55.9B | 53.9B | 35.9B |
Cenovus Energy balance sheet Correlations
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Cenovus Energy Account Relationship Matchups
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Cenovus Energy balance sheet 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 | 36M | 422M | 1.5B | 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 | 38.9B | 26.7B | |
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 | 6.4B | 6.1B | 1.1B | 1.0B | |
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 | 900M | 752.2M | |
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 | 3.9B | 3.6B | 3.2B | 2.1B | |
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 | 1.3B | 402M | 264M | 427.0M | |
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 | 1.5B | 1.6B | |
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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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 Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
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 0.205 | Dividend Share 0.6 | Earnings Share 1.81 | Revenue Per Share 29.871 | Quarterly Revenue Growth 0.217 |
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.