Cenovus Total Current Assets from 2010 to 2026

CVE Stock  USD 22.07  0.12  0.55%   
Cenovus Energy's Total Current Assets are increasing over the years with slightly volatile fluctuation. Total Current Assets are expected to dwindle to about 6.6 B. Total Current Assets is the total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle. View All Fundamentals
 
Total Current Assets  
First Reported
2009-09-30
Previous Quarter
9.8 B
Current Value
9.9 B
Quarterly Volatility
3.3 B
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes
Check Cenovus Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cenovus Energy's main balance sheet or income statement drivers, such as Depreciation And Amortization of 3 B, Interest Expense of 557.5 M or Selling General Administrative of 493.1 M, as well as many indicators such as Price To Sales Ratio of 1.19, Dividend Yield of 0.0183 or PTB Ratio of 1.76. Cenovus financial statements analysis is a perfect complement when working with Cenovus Energy Valuation or Volatility modules.
  
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Check out the analysis of Cenovus Energy Correlation against competitors.
For information on how to trade Cenovus Stock refer to our How to Trade Cenovus Stock guide.
Analyzing Cenovus Energy's Total Current Assets over time reveals critical patterns in financial health and operational efficiency. This metric helps investors evaluate trends, identify inflection points, and make informed decisions based on historical performance. Understanding how Total Current Assets has evolved provides context for assessing Cenovus Energy's current valuation and future prospects.

Latest Cenovus Energy's Total Current Assets Growth Pattern

Below is the plot of the Total Current Assets of Cenovus Energy over the last few years. It is the total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle. Cenovus Energy's Total Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Cenovus Energy's overall financial position and show how it may be relating to other accounts over time.
Total Current Assets10 Years Trend
Slightly volatile
   Total Current Assets   
       Timeline  

Cenovus Total Current Assets Regression Statistics

Arithmetic Mean6,462,061,044
Geometric Mean5,735,574,878
Coefficient Of Variation50.32
Mean Deviation2,666,439,223
Median5,610,000,000
Standard Deviation3,251,550,237
Sample Variance10572578.9T
Range9.7B
R-Value0.64
Mean Square Error6633021.7T
R-Squared0.41
Significance0.01
Slope413,218,886
Total Sum of Squares169161263.1T

Cenovus Total Current Assets History

20266.6 B
20259.9 B
202410.4 B
20239.7 B
202212.4 B
202112 B
2020B

About Cenovus Energy Financial Statements

Cenovus Energy stakeholders use historical fundamental indicators, such as Cenovus Energy's Total Current Assets, to determine how well the company is positioned to perform in the future. Although Cenovus Energy investors may analyze each financial statement separately, they are all interrelated. For example, changes in Cenovus Energy's assets and liabilities are reflected in the revenues and expenses on Cenovus Energy's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Cenovus Energy. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Total Current Assets9.9 B6.6 B

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Cenovus Energy is a strong investment it is important to analyze Cenovus Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Cenovus Energy's future performance. For an informed investment choice regarding Cenovus Stock, refer to the following important reports:
Check out the analysis of Cenovus Energy Correlation against competitors.
For information on how to trade Cenovus Stock refer to our How to Trade Cenovus Stock guide.
You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Will Oil, Gas & Consumable Fuels sector continue expanding? Could Cenovus diversify its offerings? Factors like these will boost the valuation of Cenovus Energy. Projected growth potential of Cenovus fundamentally drives upward valuation adjustments. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Cenovus Energy data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth
5.966
Dividend Share
0.78
Earnings Share
1.57
Revenue Per Share
27.458
Quarterly Revenue Growth
(0.15)
Understanding Cenovus Energy requires distinguishing between market price and book value, where the latter reflects Cenovus's accounting equity. The concept of intrinsic value - what Cenovus Energy's is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Market sentiment, economic cycles, and investor behavior can push Cenovus Energy's price substantially above or below its fundamental value.
It's important to distinguish between Cenovus Energy's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Cenovus Energy should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. In contrast, Cenovus Energy's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.