Cenovus Energy (CVE) Debt Ratio (2009 - 2026)
Cenovus Energy's (CVE) quarterly Debt Ratio came in at 0.16 in Q1 2026, up 22.87% year-on-year from 0.13 in Q1 2025, and down 5.73% quarter-over-quarter from 0.17 in Q4 2025.
Cenovus Energy (CVE) Debt Ratio (2009 - 2026) Analysis & Trends
Cenovus Energy has disclosed Debt Ratio across 18 years of filings, most recently posting 0.16 for Q1 2026.
- Debt Ratio for Q1 2026 came in at 0.16, up 22.87% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.16 (up 22.87% YoY), and the FY2025 annual result was 0.17, up 30.86% from the prior year.
- Debt Ratio came in at 0.16 for Q1 2026 at Cenovus Energy, down from 0.17 in the prior quarter.
- In the past five years, Debt Ratio ranged from a high of 0.21 in Q1 2022 to a low of 0.13 in Q3 2024.
- The 5-year median for Debt Ratio is 0.13 (2023), against an average of 0.15.
- Across the five-year window, Debt Ratio sank 31.58% in 2022 and surged 30.86% in 2025, its largest moves.
- Cenovus Energy's Debt Ratio stood at 0.16 in 2022, then declined by 14.25% to 0.14 in 2023, then decreased by 1.66% to 0.13 in 2024, then soared by 30.86% to 0.17 in 2025, then declined by 5.73% to 0.16 in 2026.
- The last three Debt Ratio figures came in at 0.16 (Q1 2026), 0.17 (Q4 2025), and 0.13 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Petrobras - Petroleo Brasileiro | 1,901.04 Bn | 1,894.28 Bn | 11.34 Bn | - |
| 2 | Exxon Mobil | 629.96 Bn | 628.14 Bn | - | 0.10 |
| 3 | TotalEnergies SE | 621.59 Bn | 621.59 Bn | 26,816.00 | 0.20 |
| 4 | Shell | 546.31 Bn | 505.07 Bn | - | 0.20 |
| 5 | Chevron | 370.90 Bn | 376.56 Bn | 20.34 Bn | 0.02 |
| 6 | Cenovus Energy | 354.37 Bn | 352.41 Bn | 6.46 Bn | 0.16 |
| 7 | Eni Spa | 252.26 Bn | 242.70 Bn | - | 0.17 |
| 8 | Bp | 196.12 Bn | 159.56 Bn | - | 0.17 |
| 9 | Suncor Energy | 57.67 Bn | 55.06 Bn | 7.44 Bn | 0.11 |
| 10 | Imperial Oil | 42.92 Bn | 42.17 Bn | - | 0.09 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| 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 | 0.26 |