Cenovus Energy (CVE) - Net assets

Net assets on the balance sheet as of September 2024 : S$29.41 Billion

According to Cenovus Energy 's latest financial reports the company has S$29.41 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	$S$28.58 B	4.89%
2022-12-31	$S$27.25 B	8.84%
2021-12-31	$S$25.04 B	44.47%
2020-12-31	$S$17.33 B	-12.54%
2019-12-31	$S$19.82 B	13.14%
2018-12-31	$S$17.51 B	-17.58%
2017-12-31	$S$21.25 B	70.29%
2016-12-31	$S$12.48 B	-1.21%
2015-12-31	$S$12.63 B	8.94%
2014-12-31	$S$11.59 B	-2.03%
2013-12-31	$S$11.83 B	-1.6%
2012-12-31	$S$12.02 B	0.69%
2011-12-31	$S$11.94 B	-7.49%
2010-12-31	$S$12.91 B	0.74%
2009-12-31	$S$12.81 B	15.59%
2008-12-31	$S$11.09 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Canadian Natural Resources CNQ	S$39.63 B	34.76%	🇨🇦 Canada
Suncor Energy SU	S$43.61 B	48.29%	🇨🇦 Canada
Imperial Oil IMO	S$23.48 B	-20.15%	🇨🇦 Canada
Marathon Oil MRO	S$15.34 B	-47.82%	🇺🇸 USA
EOG Resources EOG	S$39.69 B	34.95%	🇺🇸 USA
Apache Corporation APA	S$8.26 B	-71.89%	🇺🇸 USA
Phillips 66 PSX	S$39.97 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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