Cenovus Energy (CVE) - Net assets

Net assets on the balance sheet as of June 2024 : NZ$35.44 B

According to Cenovus Energy 's latest financial reports the company has NZ$35.44 B 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	$NZ$34.23 B	6.89%
2022-12-31	$NZ$32.02 B	17.57%
2021-12-31	$NZ$27.23 B	49.53%
2020-12-31	$NZ$18.21 B	-17.04%
2019-12-31	$NZ$21.95 B	15.07%
2018-12-31	$NZ$19.08 B	-14.73%
2017-12-31	$NZ$22.37 B	79.73%
2016-12-31	$NZ$12.45 B	-4.61%
2015-12-31	$NZ$13.05 B	16.58%
2014-12-31	$NZ$11.19 B	-1.65%
2013-12-31	$NZ$11.38 B	-4.91%
2012-12-31	$NZ$11.97 B	1.28%
2011-12-31	$NZ$11.82 B	-9.28%
2010-12-31	$NZ$13.02 B	3.01%
2009-12-31	$NZ$12.64 B	-5.44%
2008-12-31	$NZ$13.37 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Canadian Natural Resources CNQ	NZ$46.58 B	31.45%	🇨🇦 Canada
Suncor Energy SU	NZ$52.52 B	48.21%	🇨🇦 Canada
Imperial Oil IMO	NZ$28.25 B	-20.28%	🇨🇦 Canada
Marathon Oil MRO	NZ$18.11 B	-48.89%	🇺🇸 USA
EOG Resources EOG	NZ$47.13 B	32.98%	🇺🇸 USA
Apache Corporation APA	NZ$10.49 B	-70.38%	🇺🇸 USA
Phillips 66 PSX	NZ$49.31 B	39.13%	🇺🇸 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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