Cenovus Energy Inc (CVE.TO)
27.15
+0.22
(+0.82%)
CAD |
TSX |
Mar 28, 09:35
Cenovus Energy Debt to Equity Ratio: 0.2539 for Dec. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
Date | Value |
---|---|
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 |
September 30, 2021 | 0.5348 |
June 30, 2021 | 0.569 |
Date | Value |
---|---|
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
0.2512
Minimum
Sep 2023
0.6018
Maximum
Mar 2021
0.4158
Average
0.4274
Median
Debt to Equity Ratio Benchmarks
Suncor Energy Inc | 0.2676 |
Canadian Natural Resources Ltd | 0.2711 |
Imperial Oil Ltd | 0.1596 |
MEG Energy Corp | 0.2483 |
Crescent Point Energy Corp | 0.5193 |
Debt to Equity Ratio Related Metrics
Total Assets (Quarterly) | 53.92B |
Total Liabilities (Quarterly) | 25.20B |
Shareholders Equity (Quarterly) | 28.70B |
Current Ratio | 1.563 |
Net Debt Paydown Yield | 0.72% |