Cenovus Energy Inc Net Asset Quality Index
Cenovus Energy Inc net asset quality index. Cenovus Energy Inc (CVE) has a Net Asset Quality Index of 50.2% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CA$64.85 Billion minus total liabilities of CA$32.31 Billion yields net assets of CA$32.53 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Check Cenovus Energy Inc cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
Quality Index
Net Assets
Total Assets
Total Liabilities
Net Asset Quality Index of Cenovus Energy Inc (2008–2025)
Net asset quality index of Cenovus Energy Inc from 2008 to 2025. This chart shows how Cenovus Energy Inc's Net Asset Quality Index has evolved across 18 annual periods from 2008 to 2025. As of March 2026, the index stands at 50.2%, representing net assets of CA$32.53 Billion against total assets of CA$64.85 Billion CAD. See Cenovus Energy Inc shareholders equity for net asset value and shareholders' equity analysis.
Cenovus Energy Inc Net Asset Quality Index by Year (2008–2025)
Cenovus Energy Inc net asset quality index by year from 2008 to 2025. The table below presents the year-by-year Net Asset Quality Index for Cenovus Energy Inc from 2008 to 2025, covering 18 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For live market cap and overall valuation, see CVE market cap overview.
| Year | Quality Index | Net Assets (CAD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 49.9% | CA$31.64 Billion | CA$63.42 Billion | CA$31.79 Billion | ▼ -2.8 pp |
| 2024 | 52.7% | CA$29.77 Billion | CA$56.54 Billion | CA$26.77 Billion | ▼ -0.6 pp |
| 2023 | 53.3% | CA$28.71 Billion | CA$53.91 Billion | CA$25.20 Billion | ▲ +3.9 pp |
| 2022 | 49.4% | CA$27.59 Billion | CA$55.87 Billion | CA$28.28 Billion | ▲ +5.7 pp |
| 2021 | 43.6% | CA$23.61 Billion | CA$54.10 Billion | CA$30.50 Billion | ▼ -7.3 pp |
| 2020 | 51.0% | CA$16.71 Billion | CA$32.77 Billion | CA$16.06 Billion | ▼ -2.8 pp |
| 2019 | 53.8% | CA$19.20 Billion | CA$35.71 Billion | CA$16.51 Billion | ▲ +4.1 pp |
| 2018 | 49.7% | CA$17.47 Billion | CA$35.17 Billion | CA$17.71 Billion | ▲ +0.8 pp |
| 2017 | 48.8% | CA$19.98 Billion | CA$40.93 Billion | CA$20.95 Billion | ▲ +2.9 pp |
| 2016 | 45.9% | CA$11.59 Billion | CA$25.26 Billion | CA$13.67 Billion | ▼ -2.2 pp |
| 2015 | 48.0% | CA$12.39 Billion | CA$25.79 Billion | CA$13.40 Billion | ▲ +6.8 pp |
| 2014 | 41.2% | CA$10.19 Billion | CA$24.70 Billion | CA$14.51 Billion | ▲ +1.8 pp |
| 2013 | 39.4% | CA$9.95 Billion | CA$25.22 Billion | CA$15.28 Billion | ▼ -1.1 pp |
| 2012 | 40.5% | CA$9.81 Billion | CA$24.22 Billion | CA$14.41 Billion | ▼ -1.9 pp |
| 2011 | 42.4% | CA$9.41 Billion | CA$22.19 Billion | CA$12.79 Billion | ▼ -3.0 pp |
| 2010 | 45.4% | CA$10.02 Billion | CA$22.09 Billion | CA$12.07 Billion | ▲ +0.7 pp |
| 2009 | 44.7% | CA$9.61 Billion | CA$21.52 Billion | CA$11.91 Billion | ▲ +2.7 pp |
| 2008 | 42.0% | CA$9.43 Billion | CA$22.47 Billion | CA$13.04 Billion | — |