Cenovus Energy (CVE) - Net assets

Net assets on the balance sheet as of September 2024 : A$34.50 Billion

According to Cenovus Energy 's latest financial reports the company has A$34.50 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Cenovus Energy - Net assets on balance sheet (from 2009 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$31.77 B	6.35%
2022-12-31	$A$29.87 B	16.93%
2021-12-31	$A$25.55 B	49.95%
2020-12-31	$A$17.04 B	-18.85%
2019-12-31	$A$20.99 B	15.36%
2018-12-31	$A$18.20 B	-10.58%
2017-12-31	$A$20.35 B	70.14%
2016-12-31	$A$11.96 B	-2.42%
2015-12-31	$A$12.26 B	14.33%
2014-12-31	$A$10.72 B	2.39%
2013-12-31	$A$10.47 B	10.66%
2012-12-31	$A$9.46 B	5.21%
2011-12-31	$A$8.99 B	-8.85%
2010-12-31	$A$9.87 B	-2.9%
2009-12-31	$A$10.16 B	-7.52%
2008-12-31	$A$10.99 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Canadian Natural Resources CNQ	A$46.49 B	34.76%	🇨🇦 Canada
Suncor Energy SU	A$52.54 B	52.28%	🇨🇦 Canada
Imperial Oil IMO	A$27.55 B	-20.15%	🇨🇦 Canada
Marathon Oil MRO	A$18.00 B	-47.82%	🇺🇸 USA
EOG Resources EOG	A$46.56 B	34.95%	🇺🇸 USA
Apache Corporation APA	A$9.69 B	-71.89%	🇺🇸 USA
Phillips 66 PSX	A$46.89 B	35.91%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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