Cenovus Energy (CVE) - Net assets

Net assets on the balance sheet as of September 2024 : NZ$38.11 Billion

According to Cenovus Energy 's latest financial reports the company has NZ$38.11 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	$NZ$34.23 B	6.89%
2022-12-31	$NZ$32.02 B	18.08%
2021-12-31	$NZ$27.12 B	49.34%
2020-12-31	$NZ$18.15 B	-16.81%
2019-12-31	$NZ$21.82 B	14.19%
2018-12-31	$NZ$19.11 B	-14.57%
2017-12-31	$NZ$22.37 B	79.73%
2016-12-31	$NZ$12.45 B	-4.6%
2015-12-31	$NZ$13.05 B	16.5%
2014-12-31	$NZ$11.20 B	-1.47%
2013-12-31	$NZ$11.36 B	-4.92%
2012-12-31	$NZ$11.95 B	1.16%
2011-12-31	$NZ$11.82 B	-9.04%
2010-12-31	$NZ$12.99 B	3.37%
2009-12-31	$NZ$12.57 B	-5.92%
2008-12-31	$NZ$13.36 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Canadian Natural Resources CNQ	NZ$51.35 B	34.76%	🇨🇦 Canada
Suncor Energy SU	NZ$58.03 B	52.28%	🇨🇦 Canada
Imperial Oil IMO	NZ$30.43 B	-20.15%	🇨🇦 Canada
Marathon Oil MRO	NZ$19.88 B	-47.82%	🇺🇸 USA
EOG Resources EOG	NZ$51.42 B	34.95%	🇺🇸 USA
Apache Corporation APA	NZ$10.71 B	-71.89%	🇺🇸 USA
Phillips 66 PSX	NZ$51.79 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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