Ovintiv Inc
Ovintiv Inc., together with its subsidiaries, explores, develops, produces, and markets natural gas, oil, and natural gas liquids in North America. It has a portfolio of contiguous positions in the Permian and Anadarko basins, and the Montney. The company was formerly known as Encana Corporation and changed its name to Ovintiv Inc. in January 2020. Ovintiv Inc. was incorporated in 2020 and is bas… Read more
Ovintiv Inc (OVV) - Total Assets
Latest total assets as of September 2025: $19.39 Billion USD
Based on the latest financial reports, Ovintiv Inc (OVV) holds total assets worth $19.39 Billion USD as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Ovintiv Inc - Total Assets Trend (2001–2024)
This chart illustrates how Ovintiv Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Ovintiv Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Ovintiv Inc's total assets of $19.39 Billion consist of 7.1% current assets and 92.9% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $42.00 Million | 0.2% |
| Accounts Receivable | $1.12 Billion | 5.8% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $15.15 Billion | 78.7% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $2.55 Billion | 13.2% |
Asset Composition Trend (2001–2024)
This chart illustrates how Ovintiv Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Ovintiv Inc's current assets represent 7.1% of total assets in 2024, a decrease from 21.9% in 2001.
- Cash Position: Cash and equivalents constituted 0.2% of total assets in 2024, down from 8.9% in 2001.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 13.0% of total assets, an increase from 0.0% in 2001.
- Asset Diversification: The largest asset category is property, plant & equipment at 78.7% of total assets.
Ovintiv Inc Competitors by Total Assets
Key competitors of Ovintiv Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Jadestone Energy Inc
LSE:JSE
|
UK | GBX1.12 Billion |
|
Gear Energy Ltd
OTCQX:GENGF
|
USA | $339.27 Million |
|
Arrow Exploration Corp
PINK:CSTPF
|
USA | $93.68 Million |
|
IPB Petroleum Ltd
AU:IPB
|
Australia | AU$3.63 Million |
|
James Bay Resources Limited
PINK:JMBRF
|
USA | $176.62K |
|
Shanxi Blue Flame Holding Co Ltd
SHE:000968
|
China | CN¥11.13 Billion |
|
Oriental Energy Co Ltd
SHE:002221
|
China | CN¥40.74 Billion |
|
Panoro Energy ASA
F:1PZ
|
Germany | €674.69 Million |
Ovintiv Inc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Moderate asset utilization - Ovintiv Inc generates 0.48x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, Ovintiv Inc generates $5.84 in net profit.
Ovintiv Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.45 | 0.52 | 0.51 |
| Quick Ratio | 0.45 | 0.52 | 0.51 |
| Cash Ratio | 0.01 | 0.00 | 0.00 |
| Working Capital | $-1.46 Billion | $ -1.39 Billion | $ -1.18 Billion |
Ovintiv Inc - Advanced Valuation Insights
This section examines the relationship between Ovintiv Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.30 |
| Latest Market Cap to Assets Ratio | 0.69 |
| Asset Growth Rate (YoY) | -3.7% |
| Total Assets | $19.25 Billion |
| Market Capitalization | $13.30 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Ovintiv Inc's assets below their book value (0.69 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Ovintiv Inc's assets decreased by 3.7% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Ovintiv Inc (2001–2024)
The table below shows the annual total assets of Ovintiv Inc from 2001 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $19.25 Billion | -3.67% |
| 2023-12-31 | $19.99 Billion | +32.75% |
| 2022-12-31 | $15.06 Billion | +7.12% |
| 2021-12-31 | $14.05 Billion | -2.86% |
| 2020-12-31 | $14.47 Billion | -32.66% |
| 2019-12-31 | $21.49 Billion | +40.04% |
| 2018-12-31 | $15.34 Billion | +0.50% |
| 2017-12-31 | $15.27 Billion | +4.19% |
| 2016-12-31 | $14.65 Billion | -6.33% |
| 2015-12-31 | $15.64 Billion | -36.46% |
| 2014-12-31 | $24.62 Billion | +39.51% |
| 2013-12-31 | $17.65 Billion | -5.63% |
| 2012-12-31 | $18.70 Billion | -20.14% |
| 2011-12-31 | $23.41 Billion | -30.28% |
| 2010-12-31 | $33.58 Billion | -0.72% |
| 2009-12-31 | $33.83 Billion | -28.40% |
| 2008-12-31 | $47.25 Billion | +0.58% |
| 2007-12-31 | $46.97 Billion | +33.76% |
| 2006-12-31 | $35.12 Billion | +1.65% |
| 2005-12-31 | $34.55 Billion | +9.68% |
| 2004-12-31 | $31.50 Billion | +30.63% |
| 2003-12-31 | $24.11 Billion | +21.18% |
| 2002-12-31 | $19.90 Billion | +191.66% |
| 2001-12-31 | $6.82 Billion | -- |