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Ovintiv OVV CA — Deferred Tax Liabilities Gross Noncurrent

Discontinued — last reported Q4 '19

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Other financials

Income statement

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Revenue$2.5B+6.5%
Operating income-$754.0M-747%
Net income-$630.0M-296%
EPS (diluted)-$2.35-285%

Balance sheet

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Cash & equivalents$26.0M+225%
Total debt$7.8B+15.6%
Total equity$11.6B+14.7%
Total assets$22.3B+13.7%

Cash flow

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Operating cash flow$1.1B+21.0%
CapEx$605.0M-1.9%
Free cash flow$451.0M+76.2%

Valuation

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Market cap$14.73B+51.0%
Enterprise value$22.51B+37.5%
P/E19.1×+4.9×
P/S1.6×+0.6×

Profitability

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Operating margin5.1%-5.7pp
Net margin8.5%+1.0pp
FCF margin18.8%+1.3pp

Returns & leverage

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Return on equity7.1%+0.4pp
Debt / equity0.7×0.0×
Current ratio0.6×+0.1×

Where this comes from

Reported directly by Ovintiv in its filing.

Tagged under the XBRL concept us-gaap:DeferredTaxLiabilitiesGrossNoncurrent.

The official record: Ovintiv’s 10-K, filed February 21, 2020, on SEC EDGAR. View the filing →

Questions, answered.

What does CA — deferred tax liabilities gross noncurrent mean?
Future tax payments that the company expects to make after more than one year.
How do you interpret CA — deferred tax liabilities gross noncurrent?
A decrease is generally favorable as it represents a reduction in future tax liabilities, though it often correlates with asset depreciation schedules.
How does CA — deferred tax liabilities gross noncurrent compare across companies?
Standard balance sheet item representing long-term tax obligations for E&P companies.