Cenovus Long Term Debt Total vs Retained Earnings Analysis

CVE Stock

USD 16.05 0.07 0.44%

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 Long Term Debt Total and its Retained Earnings 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.

Long Term Debt Total vs Retained Earnings

Long Term Debt Total vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cenovus Energy Long Term Debt Total account and Retained Earnings. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Cenovus Energy's Long Term Debt Total and Retained Earnings is 0.51. Overlapping area represents the amount of variation of Long Term Debt Total that can explain the historical movement of Retained Earnings 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 Long Term Debt Total and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt Total of Cenovus Energy are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Long Term Debt Total i.e., Cenovus Energy's Long Term Debt Total and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.51

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Long Term Debt Total

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

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 8.26, 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

Interest Expense Depreciation And Amortization

Cenovus Energy fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets
Total Assets		0.89	0.81	0.87	0.98	0.85	0.97	0.02	0.7	-0.2	0.35	0.98	-0.23	0.84	0.77	0.35	0.82	0.9	0.98	0.97	0.82	0.44	-0.55	0.97	0.86	0.78
Short Long Term Debt Total	0.89		0.69	0.71	0.83	0.72	0.86	0.2	0.87	-0.25	0.23	0.88	-0.17	0.79	0.91	0.23	0.56	0.88	0.9	0.94	0.67	0.64	-0.3	0.9	0.72	0.64
Other Current Liab	0.81	0.69		0.83	0.76	0.86	0.73	0.05	0.49	-0.22	0.37	0.76	-0.07	0.95	0.59	0.37	0.83	0.69	0.81	0.8	0.96	0.4	-0.61	0.83	0.95	0.76
Total Current Liabilities	0.87	0.71	0.83		0.77	0.67	0.75	-0.16	0.46	0.16	0.47	0.78	-0.07	0.82	0.63	0.47	0.94	0.7	0.85	0.85	0.86	0.51	-0.42	0.93	0.76	0.89
Total Stockholder Equity	0.98	0.83	0.76	0.77		0.86	0.98	0.06	0.67	-0.32	0.3	0.98	-0.26	0.77	0.69	0.3	0.76	0.9	0.95	0.92	0.77	0.29	-0.58	0.9	0.85	0.69
Other Liab	0.85	0.72	0.86	0.67	0.86		0.86	-0.03	0.58	-0.29	0.25	0.85	-0.31	0.85	0.65	0.25	0.69	0.77	0.82	0.81	0.86	0.22	-0.73	0.79	0.94	0.59
Property Plant And Equipment Net	0.97	0.86	0.73	0.75	0.98	0.86		0.07	0.74	-0.26	0.21	0.99	-0.36	0.74	0.75	0.21	0.7	0.91	0.93	0.94	0.73	0.35	-0.6	0.91	0.82	0.63
Current Deferred Revenue	0.02	0.2	0.05	-0.16	0.06	-0.03	0.07		0.33	-0.67	-0.27	0.09	-0.01	-0.05	0.08	-0.27	-0.19	0.22	0.1	0.03	-0.11	-0.08	0.08	-0.03	-0.02	-0.21
Net Debt	0.7	0.87	0.49	0.46	0.67	0.58	0.74	0.33		-0.28	-0.28	0.78	0.0	0.6	0.78	-0.28	0.3	0.87	0.71	0.76	0.44	0.58	-0.07	0.68	0.55	0.24
Accounts Payable	-0.2	-0.25	-0.22	0.16	-0.32	-0.29	-0.26	-0.67	-0.28		0.07	-0.27	-0.02	-0.19	-0.05	0.07	0.07	-0.31	-0.27	-0.15	-0.11	0.23	0.22	-0.05	-0.29	0.08
Cash	0.35	0.23	0.37	0.47	0.3	0.25	0.21	-0.27	-0.28	0.07		0.18	-0.33	0.36	0.24	1.0	0.5	-0.01	0.36	0.33	0.43	0.09	-0.44	0.39	0.32	0.79
Non Current Assets Total	0.98	0.88	0.76	0.78	0.98	0.85	0.99	0.09	0.78	-0.27	0.18		-0.23	0.78	0.76	0.18	0.72	0.95	0.95	0.95	0.75	0.4	-0.52	0.92	0.84	0.64
Non Currrent Assets Other	-0.23	-0.17	-0.07	-0.07	-0.26	-0.31	-0.36	-0.01	0.0	-0.02	-0.33	-0.23		0.01	-0.27	-0.33	-0.1	-0.06	-0.18	-0.25	-0.07	0.13	0.67	-0.2	-0.14	-0.19
Other Assets	0.84	0.79	0.95	0.82	0.77	0.85	0.74	-0.05	0.6	-0.19	0.36	0.78	0.01		0.7	0.36	0.79	0.74	0.85	0.85	0.94	0.54	-0.48	0.87	0.94	0.77
Long Term Debt	0.77	0.91	0.59	0.63	0.69	0.65	0.75	0.08	0.78	-0.05	0.24	0.76	-0.27	0.7		0.24	0.46	0.75	0.75	0.87	0.54	0.72	-0.3	0.82	0.59	0.58
Cash And Short Term Investments	0.35	0.23	0.37	0.47	0.3	0.25	0.21	-0.27	-0.28	0.07	1.0	0.18	-0.33	0.36	0.24		0.5	-0.01	0.36	0.33	0.43	0.09	-0.44	0.39	0.32	0.79
Net Receivables	0.82	0.56	0.83	0.94	0.76	0.69	0.7	-0.19	0.3	0.07	0.5	0.72	-0.1	0.79	0.46	0.5		0.63	0.8	0.75	0.87	0.31	-0.54	0.84	0.77	0.88
Good Will	0.9	0.88	0.69	0.7	0.9	0.77	0.91	0.22	0.87	-0.31	-0.01	0.95	-0.06	0.74	0.75	-0.01	0.63		0.91	0.88	0.67	0.38	-0.33	0.85	0.75	0.5
Common Stock Shares Outstanding	0.98	0.9	0.81	0.85	0.95	0.82	0.93	0.1	0.71	-0.27	0.36	0.95	-0.18	0.85	0.75	0.36	0.8	0.91		0.96	0.83	0.39	-0.5	0.95	0.85	0.78
Non Current Liabilities Total	0.97	0.94	0.8	0.85	0.92	0.81	0.94	0.03	0.76	-0.15	0.33	0.95	-0.25	0.85	0.87	0.33	0.75	0.88	0.96		0.79	0.59	-0.5	0.98	0.82	0.77
Inventory	0.82	0.67	0.96	0.86	0.77	0.86	0.73	-0.11	0.44	-0.11	0.43	0.75	-0.07	0.94	0.54	0.43	0.87	0.67	0.83	0.79		0.33	-0.61	0.84	0.96	0.81
Other Current Assets	0.44	0.64	0.4	0.51	0.29	0.22	0.35	-0.08	0.58	0.23	0.09	0.4	0.13	0.54	0.72	0.09	0.31	0.38	0.39	0.59	0.33		0.12	0.58	0.3	0.45
Other Stockholder Equity	-0.55	-0.3	-0.61	-0.42	-0.58	-0.73	-0.6	0.08	-0.07	0.22	-0.44	-0.52	0.67	-0.48	-0.3	-0.44	-0.54	-0.33	-0.5	-0.5	-0.61	0.12		-0.49	-0.68	-0.49
Total Liab	0.97	0.9	0.83	0.93	0.9	0.79	0.91	-0.03	0.68	-0.05	0.39	0.92	-0.2	0.87	0.82	0.39	0.84	0.85	0.95	0.98	0.84	0.58	-0.49		0.83	0.84
Property Plant And Equipment Gross	0.86	0.72	0.95	0.76	0.85	0.94	0.82	-0.02	0.55	-0.29	0.32	0.84	-0.14	0.94	0.59	0.32	0.77	0.75	0.85	0.82	0.96	0.3	-0.68	0.83		0.69
Total Current Assets	0.78	0.64	0.76	0.89	0.69	0.59	0.63	-0.21	0.24	0.08	0.79	0.64	-0.19	0.77	0.58	0.79	0.88	0.5	0.78	0.77	0.81	0.45	-0.49	0.84	0.69

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Cenovus Energy Account Relationship Matchups

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	38.9B	26.7B
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	1.1B	763.1M
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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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:

How To Invest In Cenovus

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Is Cenovus Stock a good investment?

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What is Cenovus Energy's Net Worth?

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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 Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..

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.

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Cenovus Long Term Debt Total vs Retained Earnings Analysis

Long Term Debt Total vs Retained Earnings

Long Term Debt Total vs Retained Earnings Correlation Analysis

Correlation Coefficient

Long Term Debt Total

Retained Earnings

Cenovus Energy fundamental ratios Correlations

Cenovus Energy Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Cenovus Energy fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Non Current Assets Total	+ 0.99	Property Plant And Equipment Net
Total Stockholder Equity	+ 0.98	Total Assets
Non Current Assets Total	+ 0.98	Total Assets
Common Stock Shares Outstanding	+ 0.98	Total Assets
Property Plant And Equipment Net	+ 0.98	Total Stockholder Equity

Other Stockholder Equity	- 0.73	Other Liab
Property Plant And Equipment Gross	- 0.68	Other Stockholder Equity
Accounts Payable	- 0.67	Current Deferred Revenue
Other Stockholder Equity	- 0.61	Inventory
Other Stockholder Equity	- 0.61	Other Current Liab
Other Stockholder Equity	- 0.6	Property Plant And Equipment Net