Cenovus Net Working Capital from 2010 to 2026

CVE Stock  USD 19.81  0.33  1.69%   
Cenovus Energy's Net Working Capital is increasing over the years with slightly volatile fluctuation. Net Working Capital is expected to dwindle to about 2.5 B. During the period from 2010 to 2026 Cenovus Energy Net Working Capital annual values regression line had geometric mean of  1,114,341,023 and mean square error of 1148778.2 T. View All Fundamentals
 
Net Working Capital  
First Reported
2020-03-31
Previous Quarter
2.3 B
Current Value
4.1 B
Quarterly Volatility
1.8 B
 
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 5.9 B, Interest Expense of 560.1 M or Selling General Administrative of 469.6 M, as well as many indicators such as Price To Sales Ratio of 1.2, Dividend Yield of 0.0244 or PTB Ratio of 1.78. 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.

Latest Cenovus Energy's Net Working Capital Growth Pattern

Below is the plot of the Net Working Capital of Cenovus Energy over the last few years. It is Cenovus Energy's Net Working Capital 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.
Net Working Capital10 Years Trend
Slightly volatile
   Net Working Capital   
       Timeline  

Cenovus Net Working Capital Regression Statistics

Arithmetic Mean1,661,737,500
Geometric Mean1,114,341,023
Coefficient Of Variation93.69
Mean Deviation1,379,777,941
Median595,000,000
Standard Deviation1,556,907,481
Sample Variance2423960.9T
Range4.1B
R-Value0.75
Mean Square Error1148778.2T
R-Squared0.56
Significance0.0006
Slope229,832,108
Total Sum of Squares38783374.5T

Cenovus Net Working Capital History

20262.5 B
20253.5 B
20243.1 B
20233.5 B
20224.4 B
20214.7 B
2020617 M

About Cenovus Energy Financial Statements

Cenovus Energy stakeholders use historical fundamental indicators, such as Cenovus Energy's Net Working Capital, 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
Net Working Capital3.5 B2.5 B

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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 Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
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
0.715
Dividend Share
0.76
Earnings Share
1.26
Revenue Per Share
28.498
Quarterly Revenue Growth
(0.04)
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.