Ovintiv Inc (OVV) - Total Assets
Based on the latest financial reports, Ovintiv Inc (OVV) holds total assets worth $77.72 Billion USD as of March 2026. 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. Explore how well can Ovintiv Inc service its debt to assess how comfortably operating cash covers total debt obligations.
Ovintiv Inc - Total Assets Trend (2001–2025)
This chart illustrates how Ovintiv Inc's total assets have evolved over time, based on quarterly financial data. See Ovintiv Inc net assets for net asset value and shareholders' equity analysis.
Ovintiv Inc - Asset Composition Analysis
Current Asset Composition (December 2025)
Ovintiv Inc's total assets of $77.72 Billion consist of 7.5% current assets and 92.5% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $35.00 Million | 0.2% |
| Accounts Receivable | $1.16 Billion | 5.7% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $15.43 Billion | 75.7% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $2.58 Billion | 12.6% |
Asset Composition Trend (2001–2025)
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. For live market cap, price, and company overview, see market cap of Ovintiv Inc.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Ovintiv Inc's current assets represent 7.5% of total assets in 2025, a decrease from 21.9% in 2001.
- Cash Position: Cash and equivalents constituted 0.2% of total assets in 2025, down from 8.9% in 2001.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 12.0% of total assets, an increase from 0.0% in 2001.
- Asset Diversification: The largest asset category is property, plant & equipment at 75.7% 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 |
|---|---|---|
|
ARC Resources Ltd.
TO:ARX
|
Canada | CA$14.18 Billion |
|
Devon Energy Corporation
NYSE:DVN
|
USA | $32.54 Billion |
|
Ithaca Energy PLC
LSE:ITH
|
UK | £12.10 Billion |
|
APA Corporation
NASDAQ:APA
|
USA | $18.08 Billion |
|
Gulfport Energy Operating Corp
NYSE:GPOR
|
USA | $3.08 Billion |
|
International Petroleum Corp
TO:IPCO
|
Canada | CA$1.98 Billion |
|
Talos Energy
NYSE:TALO
|
USA | $5.27 Billion |
|
Spartan Delta Corp
TO:SDE
|
Canada | CA$1.35 Billion |
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 | 0.01 | 0.43 | 0.43 |
| Quick Ratio | 0.01 | 0.43 | 0.43 |
| Cash Ratio | 0.00 | 0.00 | 0.04 |
| Working Capital | $-2.19 Billion | $-1.81 Billion | $-1.92 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 | 1.46 |
| Latest Market Cap to Assets Ratio | 0.82 |
| Asset Growth Rate (YoY) | 5.9% |
| Total Assets | $20.39 Billion |
| Market Capitalization | $16.74 Billion USD |
Valuation Analysis
Near Book Valuation: The market values Ovintiv Inc's assets close to their book value (0.82x), suggesting investors view the company's assets at approximately fair value.
Positive Asset Growth: Ovintiv Inc's assets grew by 5.9% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Ovintiv Inc (2001–2025)
The table below shows the annual total assets of Ovintiv Inc from 2001 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | $20.39 Billion | +5.90% |
| 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 | -- |
About Ovintiv Inc
Ovintiv Inc., together with its subsidiaries, operates as an oil and natural gas exploration and production company in North America. The company operates through USA Operations and Canadian Operations segments. It is involved in the exploration, development, production, and marketing of oil, NGLs, natural gas and other related activities in the Permian in West Texas and Anadarko in West-central … Read more