Cenovus Energy Inc (CVE) - Total Assets
Based on the latest financial reports, Cenovus Energy Inc (CVE) holds total assets worth CA$53.57 Billion CAD (≈ $38.75 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. See net assets of Cenovus Energy Inc for net asset value and shareholders' equity analysis.
Cenovus Energy Inc - Total Assets Trend (2008–2024)
This chart illustrates how Cenovus Energy Inc's total assets have evolved over time, based on quarterly financial data.
Cenovus Energy Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Cenovus Energy Inc's total assets of CA$53.57 Billion consist of 18.5% current assets and 81.6% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 5.5% |
| Accounts Receivable | CA$2.66 Billion | 4.7% |
| Inventory | CA$4.50 Billion | 8.0% |
| Property, Plant & Equipment | CA$41.00 Billion | 72.5% |
| Intangible Assets | CA$11.00 Million | 0.0% |
| Goodwill | CA$2.92 Billion | 5.2% |
Asset Composition Trend (2008–2024)
This chart illustrates how Cenovus Energy 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 Cenovus Energy Inc (CVE) total market value.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Cenovus Energy Inc's current assets represent 18.5% of total assets in 2024, an increase from 12.2% in 2008.
- Cash Position: Cash and equivalents constituted 5.5% of total assets in 2024, up from 0.8% in 2008.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 5.0% of total assets, unchanged from 5.0% in 2008.
- Asset Diversification: The largest asset category is property, plant & equipment at 72.5% of total assets.
Cenovus Energy Inc Competitors by Total Assets
Key competitors of Cenovus Energy Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Oil India Limited
NSE:OIL
|
India | Rs1.17 Trillion |
|
Transportadora de Gas del Sur SA B
BA:TGSU2
|
Argentina | AR$5.41 Trillion |
|
Crown LNG Holdings Limited Ordinary Shares
NASDAQ:CGBS
|
USA | $18.35 Million |
|
YPF S.A. D
BA:YPFD
|
Argentina | AR$29.57 Billion |
|
OMV Aktiengesellschaft
VI:OMV
|
Austria | €46.34 Billion |
|
Petróleo Brasileiro S.A. - Petrobras
SA:PETR3
|
Brazil | R$227.89 Billion |
|
Suncor Energy Inc
TO:SU
|
Canada | CA$89.91 Billion |
|
Imperial Oil Ltd
TO:IMO
|
Canada | CA$30.85 Billion |
Cenovus Energy 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 | 1.73 | 1.59 | 1.26 |
| Quick Ratio | 1.18 | 0.95 | 0.80 |
| Cash Ratio | 0.34 | 0.49 | 0.00 |
| Working Capital | CA$4.12 Billion | CA$3.79 Billion | CA$617.00 Million |
Cenovus Energy Inc - Advanced Valuation Insights
This section examines the relationship between Cenovus Energy 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 | 2.00 |
| Latest Market Cap to Assets Ratio | 0.96 |
| Asset Growth Rate (YoY) | 4.9% |
| Total Assets | CA$56.54 Billion |
| Market Capitalization | $54.34 Billion USD |
Valuation Analysis
Near Book Valuation: The market values Cenovus Energy Inc's assets close to their book value (0.96x), suggesting investors view the company's assets at approximately fair value.
Positive Asset Growth: Cenovus Energy Inc's assets grew by 4.9% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Cenovus Energy Inc (2008–2024)
The table below shows the annual total assets of Cenovus Energy Inc from 2008 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CA$56.54 Billion ≈ $40.90 Billion |
+4.87% |
| 2023-12-31 | CA$53.91 Billion ≈ $39.00 Billion |
-3.50% |
| 2022-12-31 | CA$55.87 Billion ≈ $40.41 Billion |
+3.26% |
| 2021-12-31 | CA$54.10 Billion ≈ $39.14 Billion |
+65.10% |
| 2020-12-31 | CA$32.77 Billion ≈ $23.71 Billion |
-8.24% |
| 2019-12-31 | CA$35.71 Billion ≈ $25.83 Billion |
+1.53% |
| 2018-12-31 | CA$35.17 Billion ≈ $25.44 Billion |
-14.07% |
| 2017-12-31 | CA$40.93 Billion ≈ $29.61 Billion |
+62.06% |
| 2016-12-31 | CA$25.26 Billion ≈ $18.27 Billion |
-2.07% |
| 2015-12-31 | CA$25.79 Billion ≈ $18.66 Billion |
+4.44% |
| 2014-12-31 | CA$24.70 Billion ≈ $17.86 Billion |
-2.10% |
| 2013-12-31 | CA$25.22 Billion ≈ $18.25 Billion |
+4.16% |
| 2012-12-31 | CA$24.22 Billion ≈ $17.52 Billion |
+9.11% |
| 2011-12-31 | CA$22.19 Billion ≈ $16.05 Billion |
+0.45% |
| 2010-12-31 | CA$22.09 Billion ≈ $15.98 Billion |
+2.67% |
| 2009-12-31 | CA$21.52 Billion ≈ $15.57 Billion |
-4.24% |
| 2008-12-31 | CA$22.47 Billion ≈ $16.26 Billion |
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About Cenovus Energy Inc
Cenovus Energy Inc., together with its subsidiaries, develops, produces, refines, transports, and markets crude oil, natural gas, and refined petroleum products in Canada, the United States, and China. It operates through Oil Sands, Conventional, Offshore, Canadian Refining, and U.S. Refining segments. The company develops and produces bitumen and heavy oil in northern Alberta and Saskatchewan. I… Read more