Cenovus Energy Inc Tangible Net Worth Ratio
Cenovus Energy Inc tangible net worth ratio. Cenovus Energy Inc (CVE) has a Tangible Net Worth Ratio of 100.0% as of March 2026. This metric is calculated by deducting intangible assets (CA$0.00) from net assets (CA$32.53 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore CVE year-over-year net asset growth to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of Cenovus Energy Inc (2008–2025)
Tangible net worth ratio of Cenovus Energy Inc from 2008 to 2025. This chart shows how Cenovus Energy Inc's Tangible Net Worth Ratio has changed across 18 annual periods from 2008 to 2025. As of March 2026, the ratio stands at 100.0%, reflecting net assets of CA$32.53 Billion with intangible assets of CA$0.00 CAD. Check CVE capital-intensive asset ratio to assess the company's strategic physical and investment asset allocation.
Cenovus Energy Inc Tangible Net Worth Ratio by Year (2008–2025)
Cenovus Energy Inc tangible net worth ratio by year from 2008 to 2025. The table below presents the year-by-year Tangible Net Worth Ratio for Cenovus Energy Inc from 2008 to 2025, covering 18 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For live market cap and overall valuation, see CVE company net worth.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 99.9% | CA$31.64 Billion | CA$23.00 Million | CA$63.42 Billion | ▼ 0.0 pp |
| 2024 | 100.0% | CA$29.77 Billion | CA$11.00 Million | CA$56.54 Billion | ▼ 0.0 pp |
| 2023 | 100.0% | CA$28.71 Billion | CA$0.00 | CA$53.91 Billion | ▲ +0.1 pp |
| 2022 | 99.9% | CA$27.59 Billion | CA$19.00 Million | CA$55.87 Billion | ▲ +0.3 pp |
| 2021 | 99.7% | CA$23.61 Billion | CA$78.00 Million | CA$54.10 Billion | ▲ +0.2 pp |
| 2020 | 99.5% | CA$16.71 Billion | CA$89.00 Million | CA$32.77 Billion | ▼ 0.0 pp |
| 2019 | 99.5% | CA$19.20 Billion | CA$101.00 Million | CA$35.71 Billion | ▼ -0.5 pp |
| 2018 | 100.0% | CA$17.47 Billion | CA$0.00 | CA$35.17 Billion | ▲ +0.0 pp |
| 2017 | 100.0% | CA$19.98 Billion | CA$0.00 | CA$40.93 Billion | ▲ +0.0 pp |
| 2016 | 100.0% | CA$11.59 Billion | CA$0.00 | CA$25.26 Billion | ▲ +2.0 pp |
| 2015 | 98.0% | CA$12.39 Billion | CA$242.00 Million | CA$25.79 Billion | ▼ -2.0 pp |
| 2014 | 100.0% | CA$10.19 Billion | CA$0.00 | CA$24.70 Billion | ▲ +0.0 pp |
| 2013 | 100.0% | CA$9.95 Billion | CA$0.00 | CA$25.22 Billion | ▲ +0.0 pp |
| 2012 | 100.0% | CA$9.81 Billion | CA$0.00 | CA$24.22 Billion | ▲ +0.0 pp |
| 2011 | 100.0% | CA$9.41 Billion | CA$0.00 | CA$22.19 Billion | ▲ +0.0 pp |
| 2010 | 100.0% | CA$10.02 Billion | CA$0.00 | CA$22.09 Billion | ▲ +0.0 pp |
| 2009 | 100.0% | CA$9.61 Billion | CA$0.00 | CA$21.52 Billion | ▲ +0.0 pp |
| 2008 | 100.0% | CA$9.43 Billion | CA$0.00 | CA$22.47 Billion | — |