Cenovus Energy Inc (CVE) — 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 liquidity resilience to evaluate the company's liquid asset resilience ratio.
Quality Index
Net Assets
Total Assets
Total Liabilities
Cenovus Energy Inc Net Asset Quality Index Over Time (2008–2025)
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 working capital position of Cenovus Energy Inc to evaluate short-term liquidity relative to the company's equity base.
Annual Net Asset Quality Index for Cenovus Energy Inc (2008–2025)
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 market capitalisation and the full company profile, 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 | — |