Cenovus Energy Inc (CVE)
21.10
+0.25
(+1.20%)
USD |
NYSE |
Apr 22, 16:00
21.14
+0.04
(+0.19%)
Pre-Market: 04:27
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 |
| 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 |
| September 30, 2018 | 0.5275 |
| June 30, 2018 | 0.5258 |
| March 31, 2018 | 0.5047 |
| December 31, 2017 | 0.4761 |
| Date | Value |
|---|---|
| September 30, 2017 | 0.6223 |
| June 30, 2017 | 0.6808 |
| March 31, 2017 | 0.5357 |
| December 31, 2016 | 0.5463 |
| September 30, 2016 | 0.541 |
| June 30, 2016 | 0.5251 |
| March 31, 2016 | 0.5105 |
| December 31, 2015 | 0.5266 |
| September 30, 2015 | 0.4851 |
| June 30, 2015 | 0.5295 |
| March 31, 2015 | 0.5367 |
| December 31, 2014 | 0.5358 |
| September 30, 2014 | 0.503 |
| June 30, 2014 | 0.4958 |
| March 31, 2014 | 0.558 |
| December 31, 2013 | 0.5024 |
| September 30, 2013 | 0.4779 |
| June 30, 2013 | 0.4995 |
| March 31, 2013 | 0.486 |
| December 31, 2012 | 0.4783 |
| September 30, 2012 | 0.4597 |
| June 30, 2012 | 0.3756 |
| March 31, 2012 | 0.5628 |
| December 31, 2011 | 0.3759 |
| September 30, 2011 | 0.3888 |
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
0.4124
Average
0.4273
Median
Jun 2022
Debt to Equity Ratio Benchmarks
| Devon Energy Corp | 0.5103 |
| FEC Resources Inc | -- |
| Sunshine Oilsands Ltd | 3.784 |
| Greenfire Resources Ltd | 0.5415 |
| Zenith Energy Ltd | 0.4777 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 40.64B |
| Total Liabilities (Quarterly) | 19.00B |
| Shareholders Equity (Quarterly) | 21.63B |
| Current Ratio | 1.563 |
| Net Debt Paydown Yield | 0.59% |