What does deferred tax mean?

Total change in deferred tax assets and liabilities, representing the net deferred tax impact across all jurisdictions.

Ovintiv OVV Deferred Tax

US$63M—

CA$3M—

Revenue$3.0B+30.0%

Operating income$994.0M+94.5%

Net income$456.0M+48.5%

EPS (diluted)$1.62+37.3%

Cash & equivalents$700.0M+3,400%

Total debt$5.0B-23.8%

Total equity$11.5B+10.8%

Total assets$19.3B-2.3%

Operating cash flow$1.6B+61.1%

CapEx$574.0M+10.2%

Free cash flow$1.1B+115%

Market cap$16.36B+48.4%

Enterprise value$20.69B+17.5%

P/E17.8×+0.9×

P/S1.7×+0.5×

Operating margin9.7%-0.6pp

Net margin9.4%+2.3pp

FCF margin23.2%+4.8pp

Return on equity8.4%+2.1pp

Debt / equity0.4×-0.2×

Current ratio1×+0.6×

What does deferred tax mean?: Total change in deferred tax assets and liabilities, representing the net deferred tax impact across all jurisdictions.