Cenovus Historical Financial Ratios

CVE Stock  CAD 21.78  0.40  1.80%   
Cenovus Energy is presently reporting on over 98 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Dividend Yield of 0.0232, PTB Ratio of 1.8 or Days Sales Outstanding of 35.18 will help investors to properly organize and evaluate Cenovus Energy financial condition quickly.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cenovus Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
To learn how to invest in Cenovus Stock, please use our How to Invest in Cenovus Energy guide.

About Cenovus Financial Ratios Analysis

Cenovus EnergyFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Cenovus Energy investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Cenovus financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Cenovus Energy history.

Cenovus Energy Financial Ratios Chart

At this time, Cenovus Energy's EV To Sales is very stable compared to the past year. As of the 27th of November 2024, Free Cash Flow Per Share is likely to grow to 1.71, while Dividend Yield is likely to drop 0.02.
Add Fundamental
Price To Sales RatioDividend Yield
Ptb RatioDays Sales Outstanding
Book Value Per ShareFree Cash Flow Yield
Invested CapitalOperating Cash Flow Per Share
Average PayablesStock Based Compensation To Revenue
Capex To DepreciationPb Ratio
Ev To SalesFree Cash Flow Per Share
RoicInventory Turnover
Net Income Per ShareDays Of Inventory On Hand
Payables TurnoverSales General And Administrative To Revenue
Average InventoryResearch And Ddevelopement To Revenue
Capex To RevenueCash Per Share
PocfratioInterest Coverage
Payout RatioCapex To Operating Cash Flow
Pfcf RatioDays Payables Outstanding
Net Current Asset ValueIncome Quality
RoeTangible Asset Value
Ev To Operating Cash FlowPe Ratio
Return On Tangible AssetsEv To Free Cash Flow
Earnings YieldIntangibles To Total Assets
Net Debt To E B I T D ACurrent Ratio
Tangible Book Value Per ShareReceivables Turnover
Graham NumberShareholders Equity Per Share
Debt To EquityCapex Per Share
Graham Net NetAverage Receivables
Revenue Per ShareInterest Debt Per Share
Debt To AssetsEnterprise Value Over E B I T D A
Short Term Coverage RatiosPrice Earnings Ratio
Operating CyclePrice Book Value Ratio
Price Earnings To Growth RatioDays Of Payables Outstanding
Dividend Payout RatioPrice To Operating Cash Flows Ratio
Price To Free Cash Flows RatioPretax Profit Margin
Ebt Per EbitOperating Profit Margin
Effective Tax RateCompany Equity Multiplier
Long Term Debt To CapitalizationTotal Debt To Capitalization
Return On Capital EmployedDebt Equity Ratio
Ebit Per RevenueQuick Ratio
Dividend Paid And Capex Coverage RatioNet Income Per E B T
Cash RatioCash Conversion Cycle
Operating Cash Flow Sales RatioDays Of Inventory Outstanding
Days Of Sales OutstandingFree Cash Flow Operating Cash Flow Ratio
Cash Flow Coverage RatiosPrice To Book Ratio
Fixed Asset TurnoverCapital Expenditure Coverage Ratio
Price Cash Flow RatioEnterprise Value Multiple
Debt RatioCash Flow To Debt Ratio
Price Sales RatioReturn On Assets
Asset TurnoverNet Profit Margin
Gross Profit MarginPrice Fair Value
Return On Equity

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Cenovus Energy stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Cenovus Energy sales, a figure that is much harder to manipulate than other Cenovus Energy multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.

Dividend Yield

Dividend Yield is Cenovus Energy dividend as a percentage of Cenovus Energy stock price. Cenovus Energy dividend yield is a measure of Cenovus Energy stock productivity, which can be interpreted as interest rate earned on an Cenovus Energy investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.

Ev To Sales

The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.
Most ratios from Cenovus Energy's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Cenovus Energy current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cenovus Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
To learn how to invest in Cenovus Stock, please use our How to Invest in Cenovus Energy guide.At this time, Cenovus Energy's EV To Sales is very stable compared to the past year. As of the 27th of November 2024, Free Cash Flow Per Share is likely to grow to 1.71, while Dividend Yield is likely to drop 0.02.
 2021 2022 2023 2024 (projected)
Dividend Yield0.0067150.01810.02450.0232
Price To Sales Ratio0.640.710.81.2

Cenovus Energy fundamentals Correlations

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-0.390.08-0.58-0.010.31-0.25-0.38-0.58-0.310.04-0.20.220.17-0.02-0.07-0.310.04-0.09-0.27-0.24-0.10.09-0.16-0.40.06
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0.240.370.75-0.34-0.250.390.60.75-0.040.570.850.030.72-0.080.190.45-0.14-0.680.820.51-0.58-0.090.010.410.76
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0.890.040.510.76-0.31-0.62-0.040.470.51-0.54-0.1-0.230.010.430.160.690.050.28-0.10.090.31-0.33-0.25-0.210.06
-0.4-0.170.05-0.60.040.870.570.020.05-0.540.720.090.57-0.06-0.37-0.43-0.26-0.540.65-0.17-0.640.290.290.190.55
0.11-0.040.6-0.44-0.20.530.850.540.6-0.10.720.070.8-0.12-0.170.09-0.27-0.540.960.12-0.560.050.370.180.84
-0.37-0.08-0.2-0.490.220.130.03-0.03-0.2-0.230.090.070.27-0.79-0.18-0.09-0.27-0.210.23-0.08-0.110.250.6-0.240.27
0.150.060.44-0.20.170.50.720.360.440.010.570.80.27-0.05-0.090.21-0.16-0.590.80.18-0.560.030.260.140.99
0.44-0.10.130.73-0.02-0.02-0.080.150.130.43-0.06-0.12-0.79-0.050.040.120.150.12-0.25-0.13-0.02-0.22-0.560.14-0.1
0.330.840.270.28-0.07-0.40.190.060.270.16-0.37-0.17-0.18-0.090.040.580.42-0.09-0.170.740.06-0.05-0.620.23-0.07
0.80.60.750.42-0.31-0.50.450.580.750.69-0.430.09-0.090.210.120.580.14-0.190.120.710.02-0.42-0.410.20.26
0.320.320.090.340.04-0.31-0.14-0.370.090.05-0.26-0.27-0.27-0.160.150.420.140.08-0.220.260.03-0.08-0.480.01-0.16
0.04-0.36-0.310.47-0.09-0.68-0.68-0.23-0.310.28-0.54-0.54-0.21-0.590.12-0.09-0.190.08-0.51-0.350.94-0.03-0.04-0.4-0.58
0.11-0.080.63-0.47-0.270.440.820.540.63-0.10.650.960.230.8-0.25-0.170.12-0.22-0.510.13-0.510.030.480.180.86
0.310.80.50.01-0.24-0.230.510.160.50.09-0.170.12-0.080.18-0.130.740.710.26-0.350.13-0.1-0.12-0.380.610.21
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-0.39-0.08-0.31-0.260.090.25-0.09-0.26-0.31-0.330.290.050.250.03-0.22-0.05-0.42-0.08-0.030.03-0.12-0.090.21-0.020.02
-0.38-0.67-0.09-0.54-0.160.30.010.1-0.09-0.250.290.370.60.26-0.56-0.62-0.41-0.48-0.040.48-0.38-0.090.21-0.030.31
-0.040.20.29-0.13-0.40.210.410.090.29-0.210.190.18-0.240.140.140.230.20.01-0.40.180.61-0.3-0.02-0.030.16
0.210.060.53-0.230.060.440.760.420.530.060.550.840.270.99-0.1-0.070.26-0.16-0.580.860.21-0.550.020.310.16
Click cells to compare fundamentals

Cenovus Energy Account Relationship Matchups

Cenovus Energy fundamentals Accounts

201920202021202220232024 (projected)
Price To Sales Ratio0.760.70.640.710.81.2
Dividend Yield0.0160.0080850.0067150.01810.02450.0232
Ptb Ratio0.680.840.571.331.861.8
Days Sales Outstanding25.8537.2825.4716.2322.2835.18
Book Value Per Share15.6313.611.7114.1415.1511.12
Free Cash Flow Yield0.06590.13(0.0615)0.150.07380.037
Operating Cash Flow Per Share2.670.222.945.843.93.7
Stock Based Compensation To Revenue0.0031380.0036050.0032570.0051980.0046780.004912
Capex To Depreciation0.530.370.590.860.90.92
Pb Ratio0.680.840.571.331.861.8
Ev To Sales1.151.360.90.810.951.55
Free Cash Flow Per Share0.631.71(0.48)1.663.921.63
Inventory Turnover11.1212.310.1312.7311.4313.29
Net Income Per Share1.79(1.94)0.293.312.171.22
Days Of Inventory On Hand32.8329.6836.0328.6831.9535.83
Payables Turnover17.8522.0215.5523.5442.8375.98
Sales General And Administrative To Revenue0.01830.01570.02020.01740.01210.0132
Capex To Revenue0.06440.05540.06320.05250.05240.0823
Cash Per Share0.150.311.422.321.281.21
Pocfratio4.9434.895.284.55.667.13
Interest Coverage3.4(4.24)3.713.517.484.38
Payout Ratio0.12(0.0324)0.360.140.250.4
Capex To Operating Cash Flow0.363.150.430.330.580.71
Pfcf Ratio7.72(16.25)9.326.7113.5414.22
Days Payables Outstanding20.4416.5723.4815.58.528.1
Income Quality1.5(0.11)10.081.771.82.85
Roe0.11(0.14)0.02490.230.140.087
Ev To Operating Cash Flow7.567.647.45.126.7110.18
Pe Ratio7.39(4.0)53.277.9510.1915.81
Return On Tangible Assets0.0656(0.0782)0.01160.120.08060.0409
Ev To Free Cash Flow11.73(31.51)13.067.6416.0416.84
Intangibles To Total Assets0.06360.0720.06560.05270.05420.0362
Net Debt To E B I T D A2.0411.611.880.510.751.2
Current Ratio1.31.261.641.551.561.24
Tangible Book Value Per Share13.7811.679.9512.6313.6110.05
Receivables Turnover14.129.7914.3322.4816.3810.3
Graham Number25.0524.338.7632.4227.1717.75

Pair Trading with Cenovus Energy

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Cenovus Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Cenovus Energy will appreciate offsetting losses from the drop in the long position's value.

Moving against Cenovus Stock

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The ability to find closely correlated positions to Cenovus Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cenovus Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Cenovus Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Cenovus Energy to buy it.
The correlation of Cenovus Energy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cenovus Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cenovus Energy moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Cenovus Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Cenovus Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
To learn how to invest in Cenovus Stock, please use our How to Invest in Cenovus Energy guide.
You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Please note, there is a significant difference between Cenovus Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cenovus Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cenovus Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.