CENOVUS ENERGY
CENOVUS ENERGY operates in Diversified Metals & Mining.
CENOVUS ENERGY (CXD) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2024: 0.084x
Based on the latest financial reports, CENOVUS ENERGY (CXD) has a cash flow conversion efficiency ratio of 0.084x as of September 2024.
Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (€2.47 Billion) by net assets (€29.61 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
CENOVUS ENERGY - Cash Flow Conversion Efficiency Trend (2016–2023)
This chart illustrates how CENOVUS ENERGY's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
CENOVUS ENERGY Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of CENOVUS ENERGY ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
NORW CRS LINE
BE:1NC
|
0.152x |
|
T&D HOLDINGS - Dusseldorf Stock Exchang
DU:TZ6
|
N/A |
|
Hallmark Venture Group Inc
PINK:HLLK
|
0.374x |
|
270210
KO:270210
|
N/A |
|
CORBION
MU:CSUA
|
N/A |
|
BIX USA Aktier Indeks A
CO:BXIUSAAIA
|
N/A |
|
Pure Harvest Cannabis Group Inc
PINK:PHCG
|
0.024x |
|
ZUMIEZ (ZM3.SG)
STU:ZM3
|
0.010x |
Annual Cash Flow Conversion Efficiency for CENOVUS ENERGY (2016–2023)
The table below shows the annual cash flow conversion efficiency of CENOVUS ENERGY from 2016 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | €28.71 Billion | €7.39 Billion | 0.257x | -37.74% |
| 2022-12-31 | €27.59 Billion | €11.40 Billion | 0.413x | +64.85% |
| 2021-12-31 | €23.61 Billion | €5.92 Billion | 0.251x | +1434.35% |
| 2020-12-31 | €16.71 Billion | €273.00 Million | 0.016x | -90.45% |
| 2019-12-31 | €19.20 Billion | €3.29 Billion | 0.171x | +38.74% |
| 2018-12-31 | €17.47 Billion | €2.15 Billion | 0.123x | -19.45% |
| 2017-12-31 | €19.98 Billion | €3.06 Billion | 0.153x | +106.08% |
| 2016-12-31 | €11.59 Billion | €861.00 Million | 0.074x | -- |