Cenovus Energy (CVE) - Net assets

Net assets on the balance sheet as of September 2024 : $21.91 Billion USD

According to Cenovus Energy 's latest financial reports the company has $21.91 Billion USD 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	$$21.64 B	6.47%
2022-12-31	$$20.33 B	9.76%
2021-12-31	$$18.52 B	41.38%
2020-12-31	$$13.10 B	-10.87%
2019-12-31	$$14.70 B	14.65%
2018-12-31	$$12.82 B	-19.31%
2017-12-31	$$15.89 B	84.27%
2016-12-31	$$8.62 B	-3.45%
2015-12-31	$$8.93 B	1.77%
2014-12-31	$$8.77 B	-6.06%
2013-12-31	$$9.34 B	-5.02%
2012-12-31	$$9.83 B	6.63%
2011-12-31	$$9.22 B	-7.99%
2010-12-31	$$10.02 B	9.8%
2009-12-31	$$9.13 B	17.75%
2008-12-31	$$7.75 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Canadian Natural Resources CNQ	$29.53 B	34.76%	🇨🇦 Canada
Suncor Energy SU	$32.49 B	48.29%	🇨🇦 Canada
Imperial Oil IMO	$17.49 B	-20.15%	🇨🇦 Canada
Marathon Oil MRO	$11.43 B	-47.82%	🇺🇸 USA
EOG Resources EOG	$29.57 B	34.95%	🇺🇸 USA
Apache Corporation APA	$6.16 B	-71.89%	🇺🇸 USA
Phillips 66 PSX	$29.78 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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