Cenovus Energy Inc (CVE) - Total Assets
Based on the latest financial reports, Cenovus Energy Inc (CVE) holds total assets worth CA$64.85 Billion CAD (≈ $46.91 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.
Cenovus Energy Inc - Total Assets Trend (2008–2025)
This chart illustrates how Cenovus Energy Inc's total assets have evolved over time, based on quarterly financial data. Also see Cenovus Energy Inc (CVE) market capitalisation for the company's overall valuation and market capitalisation.
Cenovus Energy Inc - Asset Composition Analysis
Current Asset Composition (December 2025)
Cenovus Energy Inc's total assets of CA$64.85 Billion consist of 15.6% current assets and 84.4% non-current assets. Review Cenovus Energy Inc balance sheet liabilities to assess the company's total debt and financial obligations.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 4.3% |
| Accounts Receivable | CA$3.45 Billion | 5.4% |
| Inventory | CA$3.35 Billion | 5.3% |
| Property, Plant & Equipment | CA$47.99 Billion | 75.7% |
| Intangible Assets | CA$23.00 Million | 0.0% |
| Goodwill | CA$2.91 Billion | 4.6% |
Asset Composition Trend (2008–2025)
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. See Cenovus Energy Inc share price for real-time trading data and today's change.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Cenovus Energy Inc's current assets represent 15.6% of total assets in 2025, an increase from 12.2% in 2008.
- Cash Position: Cash and equivalents constituted 4.3% of total assets in 2025, up from 0.8% in 2008.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 4.0% of total assets, a decrease from 5.0% in 2008.
- Asset Diversification: The largest asset category is property, plant & equipment at 75.7% 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 |
|---|---|---|
|
Guanghui Energy Co Ltd
SHG:600256
|
China | CN¥50.71 Billion |
|
Diversified Energy Company PLC
LSE:DEC
|
UK | GBX6.16 Billion |
|
YPF S.A. D
BA:YPFD
|
Argentina | AR$29.57 Billion |
|
Transportadora de Gas del Sur SA B
BA:TGSU2
|
Argentina | AR$6.67 Trillion |
|
OMV Aktiengesellschaft
VI:OMV
|
Austria | €43.04 Billion |
|
Petróleo Brasileiro S.A. - Petrobras
SA:PETR3
|
Brazil | R$247.08 Billion |
|
Suncor Energy Inc
TO:SU
|
Canada | CA$94.75 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 | 1.57 | 1.46 | 1.20 |
| Quick Ratio | 1.00 | 0.84 | 0.71 |
| Cash Ratio | 0.00 | 0.40 | 0.16 |
| Working Capital | CA$4.15 Billion | CA$3.19 Billion | CA$1.31 Billion |
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 | 2.23 |
| Latest Market Cap to Assets Ratio | 1.00 |
| Asset Growth Rate (YoY) | 12.2% |
| Total Assets | CA$63.42 Billion |
| Market Capitalization | $63.71 Billion USD |
Valuation Analysis
Near Book Valuation: The market values Cenovus Energy Inc's assets close to their book value (1.00x), suggesting investors view the company's assets at approximately fair value.
Rapid Asset Growth: Cenovus Energy Inc's assets grew by 12.2% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Cenovus Energy Inc (2008–2025)
The table below shows the annual total assets of Cenovus Energy Inc from 2008 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | CA$63.42 Billion ≈ $45.88 Billion |
+12.18% |
| 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 Upstream and Downstream segments. The company is involved in the development and production of bitumen and heavy oil; owns and operates pipeline gathering systems and terminals;… Read more