Cenovus Energy (CVE) - Net assets

Net assets on the balance sheet as of September 2024 : C$30.86 Billion

According to Cenovus Energy 's latest financial reports the company has C$30.86 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	$C$28.71 B	4.07%
2022-12-31	$C$27.58 B	16.86%
2021-12-31	$C$23.60 B	41.31%
2020-12-31	$C$16.70 B	-12.99%
2019-12-31	$C$19.20 B	9.92%
2018-12-31	$C$17.46 B	-12.58%
2017-12-31	$C$19.98 B	72.4%
2016-12-31	$C$11.59 B	-6.46%
2015-12-31	$C$12.39 B	21.65%
2014-12-31	$C$10.18 B	2.41%
2013-12-31	$C$9.94 B	1.68%
2012-12-31	$C$9.78 B	4.24%
2011-12-31	$C$9.38 B	-6.37%
2010-12-31	$C$10.02 B	4.31%
2009-12-31	$C$9.60 B	1.89%
2008-12-31	$C$9.42 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Canadian Natural Resources CNQ	C$41.60 B	34.76%	🇨🇦 Canada
Suncor Energy SU	C$45.77 B	48.29%	🇨🇦 Canada
Imperial Oil IMO	C$24.64 B	-20.15%	🇨🇦 Canada
Marathon Oil MRO	C$16.10 B	-47.82%	🇺🇸 USA
EOG Resources EOG	C$41.65 B	34.95%	🇺🇸 USA
Apache Corporation APA	C$8.67 B	-71.89%	🇺🇸 USA
Phillips 66 PSX	C$41.95 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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