Cenovus Energy Inc (CVE) — Defensive Interval Ratio

Latest as of March 2026: 238 days

Cenovus Energy Inc (CVE) has a Defensive Interval Ratio of 238 days as of March 2026. Defensive assets of CA$4.78 Billion (cash CA$-, short-term investments CA$-, receivables CA$4.78 Billion) cover 238 days of daily cash needs of CA$20.08 Million/day.

Defensive Interval Ratio

238 days
Days of operational coverage

Defensive Assets

CA$4.78 Billion
Cash + ST Investments + Receivables

Daily Cash Need

CA$20.08 Million
Current Liabilities ÷ 365

Current Liabilities

CA$7.33 Billion
CAD

Cenovus Energy Inc Defensive Interval Ratio (2008–2025)

This chart shows how Cenovus Energy Inc's Defensive Interval Ratio has evolved across 18 annual periods from 2008 to 2025. As of March 2026, the ratio stands at 238 days, meaning defensive assets of CA$4.78 Billion can fund 238 days of operations without new revenue. For the complete balance sheet picture, see balance sheet size of Cenovus Energy Inc.

Annual Defensive Interval Ratio for Cenovus Energy Inc (2008–2025)

The table below presents the year-by-year Defensive Interval Ratio for Cenovus Energy Inc from 2008 to 2025, covering 18 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. See Cenovus Energy Inc current assets vs equity to evaluate short-term liquidity relative to the company's equity base.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2025 244 days CA$4.22 Billion CA$17.30 Million/day CA$- CA$777.00 Million ▲ +94 days
2024 150 days CA$3.03 Billion CA$20.17 Million/day CA$- CA$370.00 Million ▼ -49 days
2023 199 days CA$3.39 Billion CA$17.01 Million/day CA$- CA$200.00 Million ▼ -7 days
2022 206 days CA$4.52 Billion CA$21.98 Million/day CA$- CA$1.33 Billion ▲ +10 days
2021 196 days CA$3.91 Billion CA$20.01 Million/day CA$- CA$507.00 Million ▼ -21 days
2020 216 days CA$1.40 Billion CA$6.46 Million/day CA$- CA$10.00 Million ▼ -14 days
2019 230 days CA$1.59 Billion CA$6.91 Million/day CA$- CA$78.00 Million ▲ +81 days
2018 150 days CA$1.06 Billion CA$7.12 Million/day CA$- CA$163.00 Million ▼ -7 days
2017 156 days CA$1.90 Billion CA$12.15 Million/day CA$- CA$63.00 Million ▼ -513 days
2016 669 days CA$4.89 Billion CA$7.32 Million/day CA$- CA$3.18 Billion ▲ +377 days
2015 292 days CA$1.49 Billion CA$5.09 Million/day CA$- CA$301.00 Million ▲ +100 days
2014 192 days CA$1.55 Billion CA$8.10 Million/day CA$- CA$- ▲ +15 days
2013 177 days CA$1.83 Billion CA$10.35 Million/day CA$- CA$- ▼ -24 days
2012 201 days CA$1.80 Billion CA$8.96 Million/day CA$- CA$- ▲ +13 days
2011 188 days CA$1.74 Billion CA$9.28 Million/day CA$- CA$- ▼ -20 days
2010 207 days CA$1.41 Billion CA$6.81 Million/day CA$- CA$- ▼ -40 days
2009 247 days CA$1.30 Billion CA$5.27 Million/day CA$- CA$- ▲ +62 days
2008 185 days CA$1.11 Billion CA$5.99 Million/day CA$- CA$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)