Cenovus Energy Inc (CVE.TO)
22.55
+0.66
(+3.02%)
CAD |
TSX |
Nov 04, 16:00
Cenovus Energy Debt to Equity Ratio: 0.2467 for Sept. 30, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| September 30, 2024 | 0.2467 |
| June 30, 2024 | 0.247 |
| March 31, 2024 | 0.2431 |
| December 31, 2023 | 0.2539 |
| September 30, 2023 | 0.2512 |
| June 30, 2023 | 0.3128 |
| March 31, 2023 | 0.3106 |
| December 31, 2022 | 0.3193 |
| September 30, 2022 | 0.316 |
| June 30, 2022 | 0.4273 |
| March 31, 2022 | 0.4796 |
| December 31, 2021 | 0.5282 |
| Date | Value |
|---|---|
| September 30, 2021 | 0.5348 |
| June 30, 2021 | 0.569 |
| March 31, 2021 | 0.6018 |
| December 31, 2020 | 0.4526 |
| September 30, 2020 | 0.4658 |
| June 30, 2020 | 0.4843 |
| March 31, 2020 | 0.4275 |
| December 31, 2019 | 0.3489 |
| September 30, 2019 | 0.3765 |
| June 30, 2019 | 0.3754 |
| March 31, 2019 | 0.4813 |
| December 31, 2018 | 0.5246 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
0.2431
Minimum
Mar 2024
0.6018
Maximum
Mar 2021
0.391
Average
0.3881
Median
Debt to Equity Ratio Benchmarks
| Suncor Energy Inc | 0.2568 |
| Imperial Oil Ltd | 0.1489 |
| Canadian Natural Resources Ltd | 0.2514 |
| Shoal Point Energy Ltd | -0.0686 |
| Bird River Resources Inc | -- |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 54.68B |
| Total Liabilities (Quarterly) | 25.08B |
| Shareholders Equity (Quarterly) | 29.59B |
| Current Ratio | 1.594 |
| Net Debt Paydown Yield | 0.60% |