Ovintiv Capital Lease Obligations from 2010 to 2024

OVV Stock  USD 45.49  0.23  0.50%   
Ovintiv Capital Lease Obligations yearly trend continues to be fairly stable with very little volatility. Capital Lease Obligations is likely to outpace its year average in 2024. Capital Lease Obligations is the total obligations of Ovintiv under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee. View All Fundamentals
 
Capital Lease Obligations  
First Reported
2019-03-31
Previous Quarter
905 M
Current Value
898 M
Quarterly Volatility
120.8 M
 
Covid
Check Ovintiv financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ovintiv's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.7 B, Interest Expense of 467.4 M or Total Revenue of 7.9 B, as well as many indicators such as Price To Sales Ratio of 1.2, Dividend Yield of 0.0343 or PTB Ratio of 1.08. Ovintiv financial statements analysis is a perfect complement when working with Ovintiv Valuation or Volatility modules.
  
Check out the analysis of Ovintiv Correlation against competitors.
For more information on how to buy Ovintiv Stock please use our How to Invest in Ovintiv guide.

Latest Ovintiv's Capital Lease Obligations Growth Pattern

Below is the plot of the Capital Lease Obligations of Ovintiv over the last few years. Ovintiv capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Ovintiv asset purchases. For example, Ovintiv can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Ovintiv control over an asset for a big portion of its life. It is the total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee. Ovintiv's Capital Lease Obligations historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Ovintiv's overall financial position and show how it may be relating to other accounts over time.
Capital Lease Obligations10 Years Trend
Slightly volatile
   Capital Lease Obligations   
       Timeline  

Ovintiv Capital Lease Obligations Regression Statistics

Arithmetic Mean1,393,513,333
Geometric Mean1,358,485,007
Coefficient Of Variation22.09
Mean Deviation279,784,000
Median1,629,000,000
Standard Deviation307,874,828
Sample Variance94786.9T
Range795M
R-Value(0.87)
Mean Square Error24085.9T
R-Squared0.76
Significance0.00002
Slope(60,175,357)
Total Sum of Squares1327016.7T

Ovintiv Capital Lease Obligations History

2024B
2023946 M
2022923 M
2021990 M
20201.1 B
20191.3 B
20181.5 B

About Ovintiv Financial Statements

Ovintiv investors use historical fundamental indicators, such as Ovintiv's Capital Lease Obligations, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Ovintiv. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Capital Lease Obligations946 MB

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Additional Tools for Ovintiv Stock Analysis

When running Ovintiv's price analysis, check to measure Ovintiv's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ovintiv is operating at the current time. Most of Ovintiv's value examination focuses on studying past and present price action to predict the probability of Ovintiv's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ovintiv's price. Additionally, you may evaluate how the addition of Ovintiv to your portfolios can decrease your overall portfolio volatility.