Ovintiv Intangibles To Total Assets from 2010 to 2024

OVV Stock  USD 44.24  1.18  2.60%   
Ovintiv Intangibles To Total Assets yearly trend continues to be fairly stable with very little volatility. Intangibles To Total Assets will likely drop to 0.09 in 2024. Intangibles To Total Assets is the ratio of a company's intangible assets (like goodwill and patents) to its total assets. View All Fundamentals
 
Intangibles To Total Assets  
First Reported
2010-12-31
Previous Quarter
0.13003452
Current Value
0.088
Quarterly Volatility
0.04250291
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Ovintiv financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ovintiv's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.7 B, Interest Expense of 467.4 M or Total Revenue of 7.9 B, as well as many indicators such as Price To Sales Ratio of 1.2, Dividend Yield of 0.0343 or PTB Ratio of 1.08. Ovintiv financial statements analysis is a perfect complement when working with Ovintiv Valuation or Volatility modules.
  
Check out the analysis of Ovintiv Correlation against competitors.
For more information on how to buy Ovintiv Stock please use our How to Invest in Ovintiv guide.

Latest Ovintiv's Intangibles To Total Assets Growth Pattern

Below is the plot of the Intangibles To Total Assets of Ovintiv over the last few years. It is the ratio of a company's intangible assets (like goodwill and patents) to its total assets. Ovintiv's Intangibles To Total Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Ovintiv's overall financial position and show how it may be relating to other accounts over time.
Intangibles To Total Assets10 Years Trend
Slightly volatile
   Intangibles To Total Assets   
       Timeline  

Ovintiv Intangibles To Total Assets Regression Statistics

Arithmetic Mean0.14
Geometric Mean0.13
Coefficient Of Variation31.05
Mean Deviation0.04
Median0.13
Standard Deviation0.04
Sample Variance0
Range0.1171
R-Value0.43
Mean Square Error0
R-Squared0.18
Significance0.11
Slope0
Total Sum of Squares0.03

Ovintiv Intangibles To Total Assets History

2024 0.088
2023 0.13
2017 0.17
2016 0.19
2015 0.18
2014 0.12
2013 0.0932

About Ovintiv Financial Statements

Ovintiv investors use historical fundamental indicators, such as Ovintiv's Intangibles To Total Assets, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Ovintiv. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Intangibles To Total Assets 0.13  0.09 

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Additional Tools for Ovintiv Stock Analysis

When running Ovintiv's price analysis, check to measure Ovintiv's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ovintiv is operating at the current time. Most of Ovintiv's value examination focuses on studying past and present price action to predict the probability of Ovintiv's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ovintiv's price. Additionally, you may evaluate how the addition of Ovintiv to your portfolios can decrease your overall portfolio volatility.