Cenovus EnergyMEX:CVE N 66 Interest Coverage is 11.34 as of Mar. 2026, which is 62% above its 10-year median of 7.00. GuruFocus rates MEX:CVE N with a GF Score™ of 66/100 and a GF Value™ of MXN265.04. The stock has 3 warning signs investors should review. Among 728 Oil & Gas companies, Cenovus Energy ranks better than 57.42% on this metric.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's
Operating Income
by its Interest Expense. Cenovus Energy's
Operating Income
for the
three
months ended in Mar. 2026 was MXN31,005 Mil. Cenovus Energy's Interest Expense for the
three
months ended in Mar. 2026 was MXN-2,734 Mil.
Cenovus Energy's interest coverage for the quarter that ended in Mar. 2026 was 11.34.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Cenovus Energy's Interest Coverage or its related term are showing as below:
MEX:CVE N'
s Interest Coverage Range Over the Past 10 Years
Min: 0.39 Med: 7 Max: 12.75
Current: 8.08
MEX:CVE N's Interest Coverage is ranked better than 57.42% of 728
companies
in the Oil & Gas industry
Industry Median: 5.885
vs MEX:CVE N: 8.08
Cenovus Energy (MEX:CVE N) Interest Coverage Explanation
Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.
Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .
Cenovus Energy Interest Coverage Related Terms
Cenovus Energy Interest Coverage Historical Data
* Premium members only.
The historical data trend for Cenovus Energy's Interest Coverage can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
MEX:CVE N vs XOM, CVX: Interest Coverage Comparison
For the Oil & Gas Integrated subindustry, Cenovus Energy's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Cenovus Energy Interest Coverage vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Cenovus Energy's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Cenovus Energy's Interest Coverage falls into.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Cenovus Energy (MEX:CVE N) has a Interest Coverage of 11.34 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Cenovus Energy and its competitors. This is 62% above median its historical median of 7.00. Over the past decade, Cenovus Energy's Interest Coverage has ranged from 0.39 to 12.75. According to the industry distribution chart, Cenovus Energy ranks #310 out of 728 companies in the Oil & Gas industry, placing it in the top 42.6%.
Is Cenovus Energy's Interest Coverage too high?
Cenovus Energy's current Interest Coverage of 11.34 is 62% above median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 0.39 to a high of 12.75. The Oil & Gas industry median Interest Coverage is 5.89. Cenovus Energy's value of 11.34 is 92.7% above this industry median. Based on the distribution chart, Cenovus Energy ranks #310 out of 728 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Cenovus Energy has a GF Score™ of 66/100, reflecting its overall financial health beyond just this single metric.
How does Cenovus Energy's Interest Coverage compare to XOM and CVX?
According to the Oil & Gas industry distribution chart, Cenovus Energy ranks #310 out of 728 companies for Interest Coverage. This puts Cenovus Energy in the upper half of its industry. The industry median Interest Coverage is 5.89. Cenovus Energy's value of 11.34 is 92.7% above this benchmark. Historically, Cenovus Energy's own Interest Coverage has ranged from 0.39 to 12.75 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 5.89, Cenovus Energy has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for an Oil & Gas company?
The median Interest Coverage among Oil & Gas companies is 5.89, based on 728 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Cenovus Energy's current Interest Coverage of 11.34 is 92.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Cenovus Energy and its competitors. For the Oil & Gas industry, the median Interest Coverage is 5.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cenovus Energy's current Interest Coverage is 11.34, which is 62% above median its own 10-year median of 7.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cenovus Energy stock overvalued right now?
Cenovus Energy (MEX:CVE N) has a current Interest Coverage of 11.34. The stock's GF Value™ is MXN265.04, compared to a current price of MXN415.00 — trading 56.6% above its estimated fair value. The current Interest Coverage is 11.34, which is 62% above median its 10-year median of 7.00 and 92.7% above the Oil & Gas industry median of 5.89. Cenovus Energy's overall GF Score™ is 66/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Cenovus Energy (MEX:CVE N), the current Interest Coverage is 11.34 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Cenovus Energy (MEX:CVE N) Overvalued in 2026?
Based on GuruFocus' analysis, Cenovus Energy stock appears to be overvalued.
The current stock price of MXN415.00 is trading 56.6% above its estimated GF Value™ of MXN265.04.
Key valuation signals for MEX:CVE N:
Interest Coverage: 11.34 (62% above median its 10-year median of 7.00)
GF Value™: MXN265.04 vs. price of MXN415.00 (56.6% above fair value)
Industry Position: 92.7% above the Oil & Gas median (#310 of 728)
No single metric tells the full story. See the MEX:CVE N stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cenovus Energy Inc is a Canadian integrated energy group. The group's upstream operations include oil sands projects in northern Alberta; thermal and conventional crude oil, natural gas, and natural gas liquids (NGLs) projects across Western Canada; crude oil production offshore Newfoundland and Labrador; and natural gas and NGLs production offshore China and Indonesia. Its downstream operations include upgrading and refining operations in Canada and the U.S., and commercial fuel operations across Canada. The group's reportable segments are: Oil Sands, Conventional, Offshore, Canadian Refining, U.S Refining, and Corporate and Eliminations. Maximum revenue is generated from its Oil Sands segment. Geographically, the group derives maximum revenue from the U.S., followed by Canada and China.
66GF Score
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