Cenovus Total Liab vs Other Stockholder Equity Analysis
CVE Stock | USD 15.77 0.06 0.38% |
Cenovus Energy financial indicator trend analysis is way more than just evaluating Cenovus Energy prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cenovus Energy is a good investment. Please check the relationship between Cenovus Energy Total Liab and its Other Stockholder Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cenovus Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. For information on how to trade Cenovus Stock refer to our How to Trade Cenovus Stock guide.
Total Liab vs Other Stockholder Equity
Total Liab vs Other Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cenovus Energy Total Liab account and Other Stockholder Equity. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Cenovus Energy's Total Liab and Other Stockholder Equity is -0.49. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Cenovus Energy, assuming nothing else is changed. The correlation between historical values of Cenovus Energy's Total Liab and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Liab of Cenovus Energy are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Total Liab i.e., Cenovus Energy's Total Liab and Other Stockholder Equity go up and down completely randomly.
Correlation Coefficient | -0.49 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.Other Stockholder Equity
Most indicators from Cenovus Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cenovus Energy current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cenovus Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. For information on how to trade Cenovus Stock refer to our How to Trade Cenovus Stock guide.At present, Cenovus Energy's Sales General And Administrative To Revenue is projected to slightly decrease based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 7.51, whereas Selling General Administrative is forecasted to decline to about 443.6 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 1.0B | 812M | 723M | 574.7M | Depreciation And Amortization | 4.5B | 4.5B | 4.6B | 2.5B |
Cenovus Energy fundamental ratios Correlations
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Cenovus Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Cenovus Energy fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 35.7B | 32.8B | 54.1B | 55.9B | 53.9B | 35.9B | |
Short Long Term Debt Total | 8.6B | 9.3B | 15.4B | 11.6B | 9.9B | 8.7B | |
Other Current Liab | 81M | 1.4B | 4.2B | 4.1B | 4.6B | 4.8B | |
Total Current Liabilities | 2.5B | 2.4B | 7.3B | 8.0B | 6.2B | 4.0B | |
Total Stockholder Equity | 19.2B | 16.7B | 23.6B | 27.6B | 28.7B | 16.9B | |
Other Liab | 5.6B | 4.7B | 8.1B | 9.0B | 10.4B | 10.9B | |
Property Plant And Equipment Net | 29.9B | 27.2B | 37.0B | 39.0B | 39.7B | 26.8B | |
Current Deferred Revenue | 34M | 1.4B | 179M | 88M | 101.2M | 96.1M | |
Net Debt | 8.4B | 8.9B | 12.5B | 7.1B | 7.7B | 6.9B | |
Accounts Payable | 2.2B | 608M | 2.6B | 2.3B | 1.1B | 1.7B | |
Cash | 186M | 378M | 2.9B | 4.5B | 2.2B | 1.7B | |
Non Current Assets Total | 32.4B | 29.8B | 42.1B | 43.4B | 44.2B | 29.8B | |
Non Currrent Assets Other | 211M | 75M | 475M | 502M | 320M | 304M | |
Other Assets | 58M | 111M | 1.2B | 841M | 967.2M | 1.0B | |
Long Term Debt | 6.7B | 7.4B | 12.4B | 8.7B | 7.1B | 7.7B | |
Cash And Short Term Investments | 186M | 378M | 2.9B | 4.5B | 2.2B | 1.7B | |
Net Receivables | 1.6B | 1.4B | 2.8B | 3.0B | 3.2B | 2.0B | |
Common Stock Shares Outstanding | 1.2B | 1.2B | 2.0B | 2.0B | 1.9B | 1.2B | |
Liabilities And Stockholders Equity | 35.7B | 32.8B | 54.1B | 55.9B | 53.9B | 35.9B | |
Non Current Liabilities Total | 14.0B | 13.7B | 23.2B | 20.3B | 19.0B | 15.0B | |
Inventory | 1.5B | 1.1B | 3.9B | 4.3B | 4.0B | 4.2B | |
Other Current Assets | 5M | 121M | 1.8B | 574M | 242M | 470.7M | |
Other Stockholder Equity | 4.4B | 4.4B | 4.5B | 2.9B | 2.0B | 1.9B | |
Total Liab | 16.5B | 16.1B | 30.5B | 28.3B | 25.2B | 19.0B | |
Property Plant And Equipment Gross | 29.9B | 27.2B | 54.3B | 61.1B | 65.9B | 69.2B | |
Total Current Assets | 3.3B | 3.0B | 12.0B | 12.4B | 9.7B | 6.1B | |
Accumulated Other Comprehensive Income | 827M | 775M | 684M | 1.5B | 1.2B | 1.3B | |
Short Term Debt | 196M | 305M | 351M | 423M | 478M | 713.2M | |
Intangible Assets | 101M | 89M | 78M | 19M | 17.1M | 16.2M | |
Property Plant Equipment | 29.9B | 27.2B | 37.0B | 39.0B | 44.9B | 25.1B | |
Retained Earnings | 3.0B | 501M | 878M | 6.4B | 8.9B | 9.4B | |
Net Tangible Assets | 16.8B | 14.3B | 19.5B | 24.1B | 27.7B | 29.1B | |
Short Term Investments | 78M | 10M | 507M | 1.3B | 261M | 214.7M | |
Long Term Investments | 52M | 149M | 441M | 420M | 558M | 585.9M | |
Long Term Debt Total | 8.4B | 9.0B | 15.1B | 11.2B | 12.9B | 10.3B | |
Capital Surpluse | 4.4B | 4.4B | 4.3B | 2.7B | 2.4B | 3.3B |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Cenovus Energy is a strong investment it is important to analyze Cenovus Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Cenovus Energy's future performance. For an informed investment choice regarding Cenovus Stock, refer to the following important reports:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cenovus Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. For information on how to trade Cenovus Stock refer to our How to Trade Cenovus Stock guide.You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Is Oil, Gas & Consumable Fuels space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cenovus Energy. If investors know Cenovus will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cenovus Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.57) | Dividend Share 0.775 | Earnings Share 1.42 | Revenue Per Share 29.87 | Quarterly Revenue Growth (0.02) |
The market value of Cenovus Energy is measured differently than its book value, which is the value of Cenovus that is recorded on the company's balance sheet. Investors also form their own opinion of Cenovus Energy's value that differs from its market value or its book value, called intrinsic value, which is Cenovus Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cenovus Energy's market value can be influenced by many factors that don't directly affect Cenovus Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cenovus Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cenovus Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cenovus Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.