Ovintiv Net Working Capital from 2010 to 2024

OVV Stock  USD 46.71  0.12  0.26%   
Ovintiv Net Working Capital yearly trend continues to be fairly stable with very little volatility. Net Working Capital is likely to outpace its year average in 2024. During the period from 2010 to 2024, Ovintiv Net Working Capital regression line of quarterly data had mean square error of 205353 T and geometric mean of  750,341,634. View All Fundamentals
 
Net Working Capital  
First Reported
2010-12-31
Previous Quarter
-1.1 B
Current Value
-1.1 B
Quarterly Volatility
849.2 M
 
Credit Downgrade
 
Yuan Drop
 
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 Net Working Capital Growth Pattern

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

Ovintiv Net Working Capital Regression Statistics

Arithmetic Mean(42,413,333)
Geometric Mean750,341,634
Coefficient Of Variation(2,002)
Mean Deviation792,762,667
Median613,000,000
Standard Deviation849,160,437
Sample Variance721073.4T
Range1.8B
R-Value(0.86)
Mean Square Error205353T
R-Squared0.74
Significance0.000044
Slope(162,847,857)
Total Sum of Squares10095028.3T

Ovintiv Net Working Capital History

2024-1.1 B
2023-1.1 B
2022-1.1 B
2021-1.2 B
2020-1.2 B
2019-563 M
2018660 M

About Ovintiv Financial Statements

Ovintiv investors use historical fundamental indicators, such as Ovintiv's Net Working Capital, 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
Net Working Capital-1.1 B-1.1 B

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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.