Ovintiv Historical Balance Sheet
OVV Stock | USD 46.59 0.85 1.86% |
Trend analysis of Ovintiv balance sheet accounts such as Total Current Liabilities of 2.3 B provides information on Ovintiv's total assets, liabilities, and equity, which is the actual value of Ovintiv to its prevalent stockholders. By breaking down trends over time using Ovintiv balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Ovintiv latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Ovintiv is a good buy for the upcoming year.
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About Ovintiv Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Ovintiv at a specified time, usually calculated after every quarter, six months, or one year. Ovintiv Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Ovintiv and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Ovintiv currently owns. An asset can also be divided into two categories, current and non-current.
Ovintiv Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of Ovintiv assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Ovintiv books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on Ovintiv balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Ovintiv are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.Most accounts from Ovintiv's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Ovintiv current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ovintiv. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. For more information on how to buy Ovintiv Stock please use our How to Invest in Ovintiv guide.At this time, Ovintiv's Current Deferred Revenue is fairly stable compared to the past year. Good Will is likely to climb to about 2.6 B in 2024, whereas Total Current Liabilities is likely to drop slightly above 2.3 B in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 5.8B | 4.5B | 6.7B | 7.8B | Total Assets | 14.1B | 15.1B | 20.0B | 18.9B |
Ovintiv balance sheet Correlations
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Ovintiv balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 21.5B | 14.5B | 14.1B | 15.1B | 20.0B | 18.9B | |
Short Long Term Debt Total | 8.2B | 8.0B | 5.8B | 4.5B | 6.7B | 7.8B | |
Other Current Liab | 114M | 1.4B | 2.3B | 1.9B | 1.6B | 1.7B | |
Total Current Liabilities | 2.4B | 2.4B | 2.7B | 2.8B | 2.8B | 2.3B | |
Total Stockholder Equity | 9.9B | 3.8B | 5.1B | 7.7B | 10.4B | 8.3B | |
Property Plant And Equipment Net | 16.2B | 10.4B | 9.7B | 10.3B | 15.5B | 13.7B | |
Net Debt | 8.0B | 8.0B | 5.6B | 4.5B | 6.7B | 6.9B | |
Retained Earnings | 421M | (5.8B) | (4.5B) | (1.1B) | 697M | 662.2M | |
Accounts Payable | 355M | 306M | 328M | 436M | 586M | 940.2M | |
Cash | 190M | 10M | 195M | 5M | 3M | 2.9M | |
Non Current Assets Total | 19.6B | 13.2B | 12.5B | 13.4B | 18.3B | 16.5B | |
Non Currrent Assets Other | 140M | 50M | 17M | 147M | 58M | 55.1M | |
Other Assets | 741M | 126M | 1.1B | 360M | 324M | 307.8M | |
Cash And Short Term Investments | 190M | 10M | 195M | 5M | 3M | 2.9M | |
Net Receivables | 1.4B | 867M | 1.3B | 1.5B | 1.3B | 1.1B | |
Common Stock Total Equity | 6.1B | 6.0B | 8.5B | 3M | 2.7M | 2.6M | |
Common Stock Shares Outstanding | 261.2M | 259.8M | 266.4M | 258.4M | 263.9M | 202.4M | |
Liabilities And Stockholders Equity | 21.5B | 14.5B | 14.1B | 15.1B | 20.0B | 18.9B | |
Non Current Liabilities Total | 9.1B | 8.2B | 6.2B | 4.6B | 6.8B | 8.3B | |
Other Current Assets | 237M | 98M | 96M | 161M | 328M | 583.1M | |
Other Stockholder Equity | 1.4B | 8.5B | 8.5B | 7.8B | 8.6B | 7.0B | |
Total Liab | 11.6B | 10.6B | 9.0B | 7.4B | 9.6B | 10.6B | |
Property Plant And Equipment Gross | 16.2B | 10.4B | 58.3B | 60.0B | 67.4B | 70.7B | |
Total Current Assets | 1.9B | 1.2B | 1.6B | 1.7B | 1.7B | 2.4B | |
Accumulated Other Comprehensive Income | 1.0B | 1.1B | 1.1B | 991M | 1.1B | 888.0M | |
Short Term Debt | 167M | 668M | 68M | 475M | 378M | 364.5M | |
Common Stock | 4.8B | 4.7B | 7.1B | 3M | 2.7M | 2.6M | |
Current Deferred Revenue | 1.8B | 1.3B | 1.6B | 1.0B | 1.2B | 1.4B | |
Good Will | 2.6B | 2.6B | 2.6B | 2.6B | 2.6B | 2.6B | |
Short Term Investments | 41M | 38M | 67M | 70M | 59M | 110.5M | |
Long Term Debt | 7.0B | 6.4B | 4.8B | 3.2B | 5.5B | 4.1B | |
Long Term Debt Total | 7.1B | 6.4B | 4.8B | 3.2B | 2.9B | 4.2B | |
Capital Surpluse | 1.4B | 8.5B | 8.5B | 7.8B | 8.9B | 9.4B | |
Property Plant Equipment | 16.2B | 9.5B | 8.8B | 10.3B | 9.3B | 8.8B | |
Other Liab | 1.1B | 865M | 558M | 569M | 512.1M | 486.5M | |
Net Tangible Assets | 7.3B | 1.2B | 2.4B | 5.1B | 5.9B | 4.4B | |
Deferred Long Term Liab | 6M | 145M | 29M | 44M | 50.6M | 35.8M | |
Long Term Investments | 22M | 28M | 4M | 27M | 21M | 30.3M |
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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.