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.
 
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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.

Ovintiv Inventory

(47.02 Million)

  
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.

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

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.

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 Total5.8B4.5B6.7B7.8B
Total Assets14.1B15.1B20.0B18.9B

Ovintiv balance sheet Correlations

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0.81-0.380.50.380.630.90.23-0.080.360.710.3-0.050.360.60.19-0.010.920.340.260.420.92-0.070.580.380.27
-0.31-0.380.19-0.04-0.11-0.2-0.610.29-0.51-0.18-0.69-0.23-0.51-0.2-0.630.69-0.55-0.54-0.28-0.16-0.450.75-0.520.05-0.69
0.590.50.190.360.570.470.20.220.160.50.14-0.460.160.72-0.380.270.450.020.420.20.610.450.470.56-0.3
0.80.38-0.040.360.850.550.390.24-0.320.87-0.090.04-0.320.640.290.310.4-0.460.40.040.430.430.05-0.120.32
0.920.63-0.110.570.850.80.420.33-0.280.97-0.09-0.25-0.280.70.080.230.68-0.310.510.220.730.360.16-0.010.16
0.840.9-0.20.470.550.80.09-0.05-0.060.86-0.02-0.04-0.060.590.180.250.84-0.050.260.260.850.090.230.170.24
0.510.23-0.610.20.390.420.090.340.340.370.61-0.230.340.420.17-0.70.480.260.680.290.47-0.160.620.030.25
0.16-0.080.290.220.240.33-0.050.34-0.250.16-0.26-0.62-0.25-0.01-0.56-0.070.0-0.250.380.120.040.60.04-0.03-0.53
0.050.36-0.510.16-0.32-0.28-0.060.34-0.25-0.210.80.021.00.180.13-0.550.330.930.030.420.33-0.470.850.490.19
0.960.71-0.180.50.870.970.860.370.16-0.21-0.03-0.05-0.210.740.240.240.74-0.270.460.220.770.280.2-0.020.3
0.20.3-0.690.14-0.09-0.09-0.020.61-0.260.8-0.030.040.80.340.32-0.660.390.690.310.230.37-0.560.810.40.39
-0.08-0.05-0.23-0.460.04-0.25-0.04-0.23-0.620.02-0.050.040.02-0.040.680.0-0.05-0.05-0.18-0.28-0.15-0.28-0.13-0.430.62
0.050.36-0.510.16-0.32-0.28-0.060.34-0.251.0-0.210.80.020.180.13-0.550.330.930.030.420.33-0.470.850.490.19
0.810.6-0.20.720.640.70.590.42-0.010.180.740.34-0.040.180.110.120.650.080.370.380.730.260.510.140.2
0.230.19-0.63-0.380.290.080.180.17-0.560.130.240.320.680.130.11-0.140.230.080.01-0.170.13-0.590.07-0.280.99
0.06-0.010.690.270.310.230.25-0.7-0.07-0.550.24-0.660.0-0.550.12-0.14-0.24-0.56-0.37-0.21-0.150.57-0.540.0-0.18
0.850.92-0.550.450.40.680.840.480.00.330.740.39-0.050.330.650.23-0.240.330.50.490.98-0.170.640.180.33
-0.040.34-0.540.02-0.46-0.31-0.050.26-0.250.93-0.270.69-0.050.930.080.08-0.560.33-0.120.550.3-0.540.720.320.14
0.560.26-0.280.420.40.510.260.680.380.030.460.31-0.180.030.370.01-0.370.5-0.120.120.530.030.490.060.07
0.340.42-0.160.20.040.220.260.290.120.420.220.23-0.280.420.38-0.17-0.210.490.550.120.48-0.030.5-0.03-0.1
0.880.92-0.450.610.430.730.850.470.040.330.770.37-0.150.330.730.13-0.150.980.30.530.48-0.060.670.280.23
0.19-0.070.750.450.430.360.09-0.160.6-0.470.28-0.56-0.28-0.470.26-0.590.57-0.17-0.540.03-0.03-0.06-0.24-0.02-0.6
0.460.58-0.520.470.050.160.230.620.040.850.20.81-0.130.850.510.07-0.540.640.720.490.50.67-0.240.480.16
0.120.380.050.56-0.12-0.010.170.03-0.030.49-0.020.4-0.430.490.14-0.280.00.180.320.06-0.030.28-0.020.48-0.24
0.320.27-0.69-0.30.320.160.240.25-0.530.190.30.390.620.190.20.99-0.180.330.140.07-0.10.23-0.60.16-0.24
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Ovintiv Account Relationship Matchups

Ovintiv balance sheet Accounts

201920202021202220232024 (projected)
Total Assets21.5B14.5B14.1B15.1B20.0B18.9B
Short Long Term Debt Total8.2B8.0B5.8B4.5B6.7B7.8B
Other Current Liab114M1.4B2.3B1.9B1.6B1.7B
Total Current Liabilities2.4B2.4B2.7B2.8B2.8B2.3B
Total Stockholder Equity9.9B3.8B5.1B7.7B10.4B8.3B
Property Plant And Equipment Net16.2B10.4B9.7B10.3B15.5B13.7B
Net Debt8.0B8.0B5.6B4.5B6.7B6.9B
Retained Earnings421M(5.8B)(4.5B)(1.1B)697M662.2M
Accounts Payable355M306M328M436M586M940.2M
Cash190M10M195M5M3M2.9M
Non Current Assets Total19.6B13.2B12.5B13.4B18.3B16.5B
Non Currrent Assets Other140M50M17M147M58M55.1M
Other Assets741M126M1.1B360M324M307.8M
Cash And Short Term Investments190M10M195M5M3M2.9M
Net Receivables1.4B867M1.3B1.5B1.3B1.1B
Common Stock Total Equity6.1B6.0B8.5B3M2.7M2.6M
Common Stock Shares Outstanding261.2M259.8M266.4M258.4M263.9M202.4M
Liabilities And Stockholders Equity21.5B14.5B14.1B15.1B20.0B18.9B
Non Current Liabilities Total9.1B8.2B6.2B4.6B6.8B8.3B
Other Current Assets237M98M96M161M328M583.1M
Other Stockholder Equity1.4B8.5B8.5B7.8B8.6B7.0B
Total Liab11.6B10.6B9.0B7.4B9.6B10.6B
Property Plant And Equipment Gross16.2B10.4B58.3B60.0B67.4B70.7B
Total Current Assets1.9B1.2B1.6B1.7B1.7B2.4B
Accumulated Other Comprehensive Income1.0B1.1B1.1B991M1.1B888.0M
Short Term Debt167M668M68M475M378M364.5M
Common Stock4.8B4.7B7.1B3M2.7M2.6M
Current Deferred Revenue1.8B1.3B1.6B1.0B1.2B1.4B
Good Will2.6B2.6B2.6B2.6B2.6B2.6B
Short Term Investments41M38M67M70M59M110.5M
Long Term Debt7.0B6.4B4.8B3.2B5.5B4.1B
Long Term Debt Total7.1B6.4B4.8B3.2B2.9B4.2B
Capital Surpluse1.4B8.5B8.5B7.8B8.9B9.4B
Property Plant Equipment16.2B9.5B8.8B10.3B9.3B8.8B
Other Liab1.1B865M558M569M512.1M486.5M
Net Tangible Assets7.3B1.2B2.4B5.1B5.9B4.4B
Deferred Long Term Liab6M145M29M44M50.6M35.8M
Long Term Investments22M28M4M27M21M30.3M

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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.