Cenovus Energy (CVE) - Net assets

Net assets on the balance sheet as of September 2024 : £17.34 Billion

According to Cenovus Energy 's latest financial reports the company has £17.34 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	$£16.99 B	1.11%
2022-12-31	$£16.80 B	22.46%
2021-12-31	$£13.72 B	42.76%
2020-12-31	$£9.61 B	-14.26%
2019-12-31	$£11.21 B	10.98%
2018-12-31	$£10.10 B	-14.09%
2017-12-31	$£11.75 B	68.24%
2016-12-31	$£6.98 B	15.96%
2015-12-31	$£6.02 B	6.91%
2014-12-31	$£5.63 B	-0.47%
2013-12-31	$£5.66 B	-6.93%
2012-12-31	$£6.08 B	2.54%
2011-12-31	$£5.93 B	-8.61%
2010-12-31	$£6.49 B	15.1%
2009-12-31	$£5.64 B	6.64%
2008-12-31	$£5.29 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Canadian Natural Resources CNQ	£23.36 B	34.76%	🇨🇦 Canada
Suncor Energy SU	£25.71 B	48.29%	🇨🇦 Canada
Imperial Oil IMO	£13.84 B	-20.15%	🇨🇦 Canada
Marathon Oil MRO	£9.04 B	-47.82%	🇺🇸 USA
EOG Resources EOG	£23.39 B	34.95%	🇺🇸 USA
Apache Corporation APA	£4.87 B	-71.89%	🇺🇸 USA
Phillips 66 PSX	£23.56 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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