MarketCap
Facebook
X
Telegram
Cenovus Energy Balance Sheet 2025-2011 | CVE
Brief overview of Cenovus Energy 's assets and capital
The balance sheet is assessed across five available annual reports spanning 2021 to 2025.
The balance sheet expanded from 54.1 billion CAD to 63.4 billion CAD. Growth of +17.2% and CAGR of 4.1% look measured and sustainable.
Liabilities increased less than assets, posting +4.2% versus +17.2%. That relationship usually strengthens the balance sheet.
The equity ratio is 49.9% versus five periods ago. Capitalization remains workable.
Each unit of equity supports about 0.01x of net debt. Dependence on debt remains comfortable.
Cash equals 4.3% of the balance sheet, compared with 5.3% five periods ago. This is the readily available cushion.
Balance sheet takeaway
Cenovus Energy shows a high-quality balance sheet profile, with adequate internal capital and room for maneuver.
Annual Balance Sheet Cenovus Energy
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net Debt |
435 M | -166 M | 431 M | -1.69 B | - | 7.25 B | 6.71 B | 7.7 B | 8.9 B | 2.61 B | 2.42 B | 4.58 B | 2.54 B | 3.52 B | 3.03 B |
Long Term Debt |
2.81 B | 2.57 B | 2.36 B | 2.53 B | - | 7.44 B | 6.7 B | 8.48 B | 9.51 B | 6.33 B | 6.52 B | 5.46 B | 5 B | 4.68 B | 3.53 B |
Long Term Debt Current |
369 M | 359 M | 299 M | 308 M | 272 M | 184 M | 196 M | - | - | - | - | - | - | - | - |
Total Non Current Liabilities |
- | - | - | - | - | 13.7 B | 14 B | 15.1 B | 16.5 B | 11 B | 11.5 B | 11.6 B | 11.5 B | 11.1 B | 9.4 B |
Total Liabilities |
31.8 B | 26.8 B | 25.2 B | 28.3 B | 30.5 B | 16.1 B | 16.5 B | 17.7 B | 21 B | 13.7 B | 13.4 B | 14.5 B | 15.3 B | 14.4 B | 12.8 B |
Retained Earnings |
- | - | - | - | - | 501 M | 2.96 B | 1.02 B | 3.94 B | 796 M | 1.51 B | 1.6 B | 1.66 B | 1.73 B | 1.4 B |
Total Assets |
63.4 B | 56.5 B | 53.9 B | 55.9 B | 54.1 B | 32.8 B | 35.7 B | 35.2 B | 40.9 B | 25.3 B | 25.8 B | 24.7 B | 25.2 B | 24.2 B | 22.2 B |
Cash and Cash Equivalents |
2.74 B | 3.09 B | 2.23 B | 4.52 B | 2.87 B | 378 M | 186 M | 781 M | 610 M | 3.72 B | 4.1 B | - | - | - | - |
Book Value |
31.6 B | 29.8 B | 28.7 B | 27.6 B | 23.6 B | 16.7 B | 19.2 B | 17.5 B | 20 B | 11.6 B | 12.4 B | 10.2 B | 9.95 B | 9.81 B | 9.41 B |
Total Shareholders Equity |
31.6 B | 29.8 B | 28.7 B | 27.6 B | - | 16.7 B | 19.2 B | 17.5 B | 20 B | 11.6 B | 12.4 B | - | - | - | - |
All numbers in CAD currency
Quarterly Balance Sheet Cenovus Energy
| 2025-Q4 | 2025-Q3 | 2024-Q4 | 2024-Q3 | 2023-Q4 | 2023-Q3 | 2022-Q4 | 2022-Q3 | 2022-Q2 | 2022-Q1 | 2021-Q4 | 2021-Q3 | 2021-Q2 | 2021-Q1 | 2020-Q4 | 2020-Q3 | 2020-Q2 | 2020-Q1 | 2019-Q4 | 2019-Q3 | 2019-Q2 | 2019-Q1 | 2018-Q4 | 2018-Q3 | 2018-Q2 | 2018-Q1 | 2017-Q4 | 2017-Q3 | 2017-Q2 | 2017-Q1 | 2016-Q4 | 2016-Q3 | 2016-Q2 | 2016-Q1 | 2015-Q4 | 2015-Q3 | 2015-Q2 | 2015-Q1 | 2014-Q4 | 2014-Q3 | 2014-Q2 | 2014-Q1 | 2013-Q4 | 2013-Q3 | 2013-Q2 | 2013-Q1 | 2012-Q4 | 2012-Q3 | 2012-Q2 | 2012-Q1 | 2011-Q4 | 2011-Q3 | 2011-Q2 | 2011-Q1 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Long Term Debt |
2.81 B | 2.53 B | 2.57 B | 2.35 B | 2.36 B | 2.42 B | - | - | - | - | 2.68 B | 2.79 B | - | - | 1.57 B | 1.64 B | - | - | 1.72 B | - | 1.4 B | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Total Liabilities |
31.8 B | 25.2 B | 26.8 B | 25.1 B | 25.2 B | 25.6 B | - | - | - | - | 30.5 B | 29.9 B | - | - | 16.1 B | 15.8 B | - | - | 16.5 B | - | 16.3 B | - | 17.7 B | - | 21.3 B | - | 21 B | - | - | - | 13.7 B | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Total Assets |
63.4 B | 53.6 B | 56.5 B | 54.7 B | 53.9 B | 54.4 B | - | - | - | - | 54.1 B | 54.3 B | - | - | 32.8 B | 32.9 B | - | - | 35.7 B | - | 35.4 B | - | 35.2 B | - | 40.3 B | - | 40.9 B | - | - | - | 25.3 B | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Cash and Cash Equivalents |
2.74 B | 1.9 B | 3.09 B | 3.1 B | 2.23 B | 1.26 B | - | - | - | - | 2.87 B | 2.01 B | 1.06 B | - | 378 M | 404 M | 152 M | - | 186 M | 437 M | 64 M | 244 M | 781 M | - | 376 M | 405 M | 610 M | - | 489 M | 3.55 B | 3.72 B | - | - | - | 4.1 B | - | - | - | 883 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Book Value |
31.6 B | 28.4 B | 29.8 B | 29.6 B | 28.7 B | 28.8 B | - | - | - | - | 23.6 B | 24.4 B | - | - | 16.7 B | 17 B | - | - | 19.2 B | - | 19 B | - | 17.5 B | - | 19 B | - | 20 B | - | - | - | 11.6 B | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Total Shareholders Equity |
31.6 B | 28.4 B | 29.8 B | 29.6 B | 28.7 B | 28.8 B | - | - | - | - | 23.6 B | 24.4 B | - | - | 16.7 B | 17 B | - | - | 19.2 B | 19.2 B | 19 B | - | 17.5 B | - | 19 B | - | 20 B | - | 19.7 B | - | 11.6 B | - | - | - | 12.4 B | - | - | - | 10.2 B | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
All numbers in CAD currency
Balance Sheet is a fundamental financial report of Cenovus Energy , providing a complete picture of the company’s financial position at a specific point in time. Unlike the income statement, which records the results of operations over a certain period, the balance sheet shows what assets the company owns, what liabilities it has to creditors, and what equity is available to the owners.
For an investor, the balance sheet is important because it allows assessing the company’s financial stability, understanding how much debt it carries, and how dependent it is on borrowed financing. It helps calculate key liquidity and leverage ratios. When analyzing, attention should be paid to the debt-to-equity ratio (Debt/Equity), the amount of cash on the balance sheet, and the ratio of current liabilities to liquid assets.
Features of balance sheet analysis- Vertical and horizontal analysis
Vertical analysis shows the structure of the balance sheet as a percentage of total assets or liabilities, while horizontal analysis shows the dynamics of changes over multiple periods. - Asset quality
It is important to evaluate not only the amount of assets but also their liquidity and realizability. - Accounting for off-balance sheet liabilities
Some liabilities may not be directly reflected in the balance sheet, which requires additional attention.
USA
Canada
China
France
Argentina
Niderland
Brasil
South-africa
Italia
