Cenovus Energy (CVE) - Net assets

Net assets on the balance sheet as of June 2024 : S$28.56 B

According to Cenovus Energy 's latest financial reports the company has S$28.56 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	$S$28.58 B	4.89%
2022-12-31	$S$27.25 B	8.35%
2021-12-31	$S$25.15 B	45.24%
2020-12-31	$S$17.32 B	-13.04%
2019-12-31	$S$19.91 B	14.18%
2018-12-31	$S$17.44 B	-17.94%
2017-12-31	$S$21.25 B	70.29%
2016-12-31	$S$12.48 B	-1.19%
2015-12-31	$S$12.63 B	8.87%
2014-12-31	$S$11.60 B	-2.05%
2013-12-31	$S$11.84 B	-1.36%
2012-12-31	$S$12.01 B	0.53%
2011-12-31	$S$11.94 B	-7.41%
2010-12-31	$S$12.90 B	0.67%
2009-12-31	$S$12.81 B	15.49%
2008-12-31	$S$11.09 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Canadian Natural Resources CNQ	S$37.54 B	31.45%	🇨🇦 Canada
Suncor Energy SU	S$42.32 B	48.21%	🇨🇦 Canada
Imperial Oil IMO	S$22.76 B	-20.28%	🇨🇦 Canada
Marathon Oil MRO	S$14.59 B	-48.89%	🇺🇸 USA
EOG Resources EOG	S$37.98 B	32.98%	🇺🇸 USA
Apache Corporation APA	S$8.45 B	-70.38%	🇺🇸 USA
Phillips 66 PSX	S$39.73 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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