Cenovus Return On Tangible Assets History
| CVE Stock | CAD 32.88 0.59 1.83% |
Return On Tangible Assets | First Reported 2010-12-31 | Previous Quarter 0.06497049 | Current Value 0.0415 | Quarterly Volatility 0.05749514 |
Macro event markers
Looking at Cenovus Energy's Return On Tangible Assets across several periods shows whether the company is sustaining progress or losing momentum. This longer view catches turning points and structural changes that a single quarter of Cenovus Energy data cannot reveal.
Latest Cenovus Energy's Return On Tangible Assets Growth Pattern
Cenovus Energy's Return On Tangible Assets is charted below. It is a profitability metric that measures a company's ability to generate earnings from its tangible assets. Tracking Cenovus Energy's Return On Tangible Assets period by period makes it easier to spot meaningful changes.
| Return On Tangible Assets | 10 Years Trend |
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Return On Tangible Assets |
| Timeline |
Return On Tangible Assets Trend Statistics
| Arithmetic Mean | 0.04 | |
| Coefficient Of Variation | 154.53 | |
| Mean Deviation | 0.04 | |
| Median | 0.04 | |
| Standard Deviation | 0.06 | |
| Sample Variance | 0.0033 | |
| Range | 0.2097 | |
| R-Value | -0.01 | |
| Mean Square Error | 0.0035 | |
| R-Squared | 0.0002 | |
| Significance | 0.96 | |
| Slope | -0.0002 | |
| Total Sum of Squares | 0.05 |
Cenovus Return On Tangible Assets History
Related Accounts
| Last Reported | End Of Year Estimate | ||
| Net Tangible Assets | 27.7 B | 16.5 B | |
| Intangible Assets | 23 M | 21.9 M | |
| Return On Tangible Assets | 0.06 | 0.04 | |
| Intangibles To Total Assets | 0.05 | 0.04 | |
| Tangible Book Value Per Share | 15.86 | 10.28 |
Methodology, Assumptions & Data Sources
The Return On Tangible Assets trend below shows where Cenovus Energy stands now versus the past. Some metrics drift back toward their average over time.
This section for Cenovus Energy is built from periodic company reporting and market reference feeds, with harmonization applied to align reporting definitions. Values may update on different source schedules. This section presents reference data and historical patterns only and does not constitute an investment recommendation or advice.