Cenovus Energy Inc (CVE) — Capital Reinvestment Ratio

Latest as of March 2026: 0.53x

Cenovus Energy Inc (CVE) has a Capital Reinvestment Ratio of 0.53x as of March 2026, meaning it reinvests 1% of its operating cash flow (CA$2.18 Billion) in capital expenditures (CA$1.15 Billion). See CVE net asset quality score to measure how much of total assets are equity-financed.

Capital Reinvestment Ratio

0.53x
Capex / Operating Cash Flow

Operating Cash Flow

CA$2.18 Billion
CAD

Capital Expenditures

CA$1.15 Billion
CAD

Data as of

Mar 2026
Most recent filing

Cenovus Energy Inc Capital Reinvestment Ratio (2008–2025)

This chart tracks Cenovus Energy Inc's Capital Reinvestment Ratio across 18 annual periods. Check Cenovus Energy Inc (CVE) total reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

Annual Capital Reinvestment Ratio for Cenovus Energy Inc (2008–2025)

Year-by-year Capital Reinvestment Ratio for Cenovus Energy Inc from 2008 to 2025. For live market cap and broader valuation context, see how much is Cenovus Energy Inc worth.

Year Reinvestment Ratio Operating CF (CAD) Capital Expenditures YoY Change
2025 0.59x CA$8.23 Billion CA$4.82 Billion ▲ +7.9%
2024 0.54x CA$9.23 Billion CA$5.01 Billion ▼ -6.7%
2023 0.58x CA$7.39 Billion CA$4.30 Billion ▲ +76.5%
2022 0.33x CA$11.40 Billion CA$3.76 Billion ▼ -23.9%
2021 0.43x CA$5.92 Billion CA$2.56 Billion ▼ -86.2%
2020 3.15x CA$273.00 Million CA$859.00 Million ▲ +773.7%
2019 0.36x CA$3.29 Billion CA$1.18 Billion ▼ -43.7%
2018 0.64x CA$2.15 Billion CA$1.38 Billion ▲ +17.1%
2017 0.55x CA$3.06 Billion CA$1.67 Billion ▼ -54.5%
2016 1.20x CA$861.00 Million CA$1.03 Billion ▲ +3.3%
2015 1.16x CA$1.47 Billion CA$1.71 Billion ▲ +34.1%
2014 0.87x CA$3.53 Billion CA$3.06 Billion ▼ -6.1%
2013 0.92x CA$3.54 Billion CA$3.27 Billion ▼ -8.4%
2012 1.01x CA$3.42 Billion CA$3.45 Billion ▲ +18.2%
2011 0.85x CA$3.27 Billion CA$2.79 Billion ▲ +0.2%
2010 0.85x CA$2.59 Billion CA$2.21 Billion ▲ +57.0%
2009 0.54x CA$3.66 Billion CA$1.98 Billion ▼ -28.8%
2008 0.76x CA$3.27 Billion CA$2.49 Billion
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow