Cenovus Energy (CVE) Debt Ratio (2009 - 2026)
Cenovus Energy (CVE) posted Debt Ratio of 0.13 for Q2 2026, down 19.85% sequentially from 0.16 in Q1 2026, and up 1.31% YoY from 0.13 in Q2 2025.
Cenovus Energy (CVE) Debt Ratio (2009 - 2026) Analysis & Trends
Cenovus Energy has reported Debt Ratio for 18 years, with the latest figure at 0.13 in Q2 2026.
- Quarterly Debt Ratio rose 1.31% year-over-year to 0.13 in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 0.13 (up 1.31% YoY) and the FY2025 annual result came in at 0.17, up 30.53% from the prior year.
- Debt Ratio retreated to 0.13 in Q2 2026 per CVE's latest filing, from 0.16 in the prior quarter.
- Over five years, Debt Ratio peaked at 0.21 in Q1 2022 and troughed at 0.13 in Q2 2025.
- A 5-year average of 0.15 and a median of 0.13 in 2023 frame the typical range for Debt Ratio.
- The sharpest annual moves came in 2022 and 2025: Debt Ratio slumped 33.46% in 2022, then surged 30.53% in 2025.
- Over 5 years, Debt Ratio stood at 0.16 in 2022, then retreated by 14.25% to 0.14 in 2023, then fell by 1.41% to 0.13 in 2024, then jumped by 30.53% to 0.17 in 2025, then dropped by 24.44% to 0.13 in 2026.
- According to Business Quant data, Debt Ratio over the past three periods registered 0.13, 0.16, and 0.17 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Petrobras - Petroleo Brasileiro | 1,308.33 Bn | -5,263.99 Bn | 11.34 Bn | 115.40 |
| 2 | ExxonMobil Holdings | 651.52 Bn | 649.70 Bn | - | 0.10 |
| 3 | Chevron | 382.50 Bn | 382.83 Bn | 20.34 Bn | 0.10 |
| 4 | Eni Spa | 205.81 Bn | 195.97 Bn | - | 0.17 |
| 5 | Shell | 102.19 Bn | 62.32 Bn | 30.13 Bn | - |
| 6 | Equinor Asa | 98.30 Bn | 89.04 Bn | - | 0.15 |
| 7 | Suncor Energy | 78.77 Bn | 76.39 Bn | 6.68 Bn | 0.11 |
| 8 | Imperial Oil | 61.22 Bn | 60.47 Bn | - | 0.09 |
| 9 | TotalEnergies SE | 25.61 Bn | -6.11 Bn | 18.79 Bn | 0.20 |
| 10 | Cenovus Energy | 12.32 Bn | 10.04 Bn | 8.50 Bn | 0.13 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.13 |
| Mar 31, 2026 | 0.16 |
| Dec 31, 2025 | 0.17 |
| Sep 30, 2025 | 0.13 |
| Jun 30, 2025 | 0.13 |
| Mar 31, 2025 | 0.13 |
| Dec 31, 2024 | 0.13 |
| Sep 30, 2024 | 0.13 |
| Jun 30, 2024 | 0.13 |
| Mar 31, 2024 | 0.13 |
| Dec 31, 2023 | 0.14 |
| Sep 30, 2023 | 0.13 |
| Jun 30, 2023 | 0.16 |
| Mar 31, 2023 | 0.16 |
| Dec 31, 2022 | 0.16 |
| Sep 30, 2022 | 0.16 |
| Jun 30, 2022 | 0.20 |
| Mar 31, 2022 | 0.21 |
| Dec 31, 2021 | 0.23 |
| Sep 30, 2021 | 0.24 |