Cenovus Energy (CVE) - Net assets

Net assets on the balance sheet as of September 2024 : HK$170.37 Billion

According to Cenovus Energy 's latest financial reports the company has HK$170.37 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	$HK$169.06 B	6.43%
2022-12-31	$HK$158.85 B	9.98%
2021-12-31	$HK$144.44 B	42.2%
2020-12-31	$HK$101.57 B	-11.29%
2019-12-31	$HK$114.49 B	14.02%
2018-12-31	$HK$100.41 B	-19.13%
2017-12-31	$HK$124.16 B	85.66%
2016-12-31	$HK$66.87 B	-3.4%
2015-12-31	$HK$69.23 B	1.69%
2014-12-31	$HK$68.08 B	-6.03%
2013-12-31	$HK$72.45 B	-4.98%
2012-12-31	$HK$76.24 B	6.42%
2011-12-31	$HK$71.65 B	-8.17%
2010-12-31	$HK$78.02 B	10.2%
2009-12-31	$HK$70.80 B	18.15%
2008-12-31	$HK$59.92 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Canadian Natural Resources CNQ	HK$229.60 B	34.76%	🇨🇦 Canada
Suncor Energy SU	HK$252.64 B	48.29%	🇨🇦 Canada
Imperial Oil IMO	HK$135.88 B	-20.24%	🇨🇦 Canada
Marathon Oil MRO	HK$87.11 B	-48.87%	🇺🇸 USA
EOG Resources EOG	HK$226.68 B	33.05%	🇺🇸 USA
Apache Corporation APA	HK$50.49 B	-70.36%	🇺🇸 USA
Phillips 66 PSX	HK$231.54 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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