Cenovus Energy CVE
NYSE CVE
$32.58 -0.33 (-0.99%)
As of: Sep 18, 2026 · 3:59 PM EDT

Cenovus Energy (CVE) Debt Ratio (2009 - 2025)

Cenovus Energy's (CVE) quarterly Debt Ratio came in at 0.01 in Q2 2025, down 94.07% year-over-year from 0.13 in Q2 2024, and down 14.1% quarter-over-quarter from 0.01 in Q1 2025.

Analysis

Cenovus Energy (CVE) Debt Ratio (2009 - 2025) Analysis & Trends

Cenovus Energy has disclosed Debt Ratio across 17 years of filings, most recently posting 0.01 for Q2 2025.

  • In Q2 2025, Debt Ratio fell 94.07% year-over-year to 0.01; the TTM figure through Jun 2025 stood at 0.01 (down 94.07% YoY), while the FY2024 annual figure was 0.01, up 183.75% from the prior year.
  • Debt Ratio came in at 0.01 for Q2 2025 at Cenovus Energy, down from 0.01 in the prior quarter.
  • In the past five years, Debt Ratio ranged from a high of 0.27 in Q1 2021 to a low of 0.0 in Q4 2023.
  • Average Debt Ratio over 5 years is 0.14, with a median of 0.16 recorded in 2022.
  • Year-over-year, Debt Ratio slumped 97.89% in 2023 and surged 94.45% in 2024.
  • Over 5 years, Debt Ratio stood at 0.23 in 2021, then plunged by 31.58% to 0.16 in 2022, then tumbled by 97.89% to 0.0 in 2023, then jumped by 94.45% to 0.01 in 2024, then grew by 21.55% to 0.01 in 2025.
  • Per Business Quant data, the three most recent Debt Ratio figures were 0.01 in Q2 2025, 0.01 in Q1 2025, and 0.01 in Q4 2024.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Chevron 417.01 Bn 408.48 Bn 33.45 Bn 0.08
2 Shell 282.76 Bn 241.90 Bn 30.13 Bn 0.17
3 TotalEnergies SE 232.43 Bn 200.71 Bn 23.46 Bn 0.20
4 Eni Spa 167.27 Bn 151.69 Bn - 0.19
5 Equinor Asa 114.69 Bn 105.36 Bn - 15.77
6 Phillips 66 106.05 Bn 101.95 Bn 8.38 Bn 0.25
7 Suncor Energy 83.98 Bn 78.60 Bn 17.50 Bn 0.10
8 Imperial Oil 63.06 Bn 61.00 Bn - 0.08
9 Occidental Petroleum 59.24 Bn 55.09 Bn 7.73 Bn 0.17
10 Cenovus Energy 58.88 Bn 56.91 Bn 7.32 Bn -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2025 0.01
Mar 31, 2025 0.01
Dec 31, 2024 0.01
Sep 30, 2024 0.01
Jun 30, 2024 0.13
Mar 31, 2024 0.13
Dec 31, 2023 0.00
Sep 30, 2023 0.13
Jun 30, 2023 0.16
Mar 31, 2023 0.16
Dec 31, 2022 0.16
Jun 30, 2022 0.20
Mar 31, 2022 0.21
Dec 31, 2021 0.23
Sep 30, 2021 0.24
Jun 30, 2021 0.25
Mar 31, 2021 0.27
Dec 31, 2020 0.23
Sep 30, 2020 0.60
Jun 30, 2020 0.25