CVR Change In Working Capital vs Net Income Analysis

0HRR Stock

19.46 0.40 2.10%

CVR Energy financial indicator trend analysis is way more than just evaluating CVR Energy prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CVR Energy is a good investment. Please check the relationship between CVR Energy Change In Working Capital and its Net Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CVR Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

For more information on how to buy CVR Stock please use our How to Invest in CVR Energy guide.

Change In Working Capital vs Net Income

Change In Working Capital vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CVR Energy Change In Working Capital account and Net Income. At this time, the significance of the direction appears to have pay attention.

The correlation between CVR Energy's Change In Working Capital and Net Income is -0.75. Overlapping area represents the amount of variation of Change In Working Capital that can explain the historical movement of Net Income in the same time period over historical financial statements of CVR Energy, assuming nothing else is changed. The correlation between historical values of CVR Energy's Change In Working Capital and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change In Working Capital of CVR Energy are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Change In Working Capital i.e., CVR Energy's Change In Working Capital and Net Income go up and down completely randomly.

Correlation Coefficient

-0.75

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Change In Working Capital

The difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in CVR Energy financial statement analysis. It represents the amount of money remaining after all of CVR Energy operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Most indicators from CVR Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CVR Energy current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CVR Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

For more information on how to buy CVR Stock please use our How to Invest in CVR Energy guide.Selling General Administrative is likely to gain to about 86.1 M in 2024, despite the fact that Tax Provision is likely to grow to (81.2 M).

	2021	2022	2023	2024 (projected)
Total Revenue	7.2B	10.9B	9.2B	6.5B
Depreciation And Amortization	279M	288M	298M	185.4M

Total Revenue Depreciation And Amortization

CVR Energy fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Retained Earnings	Other Stockholder Equity	Common Stock
Total Assets		0.44	0.28	0.39	0.6	0.68	0.11	0.16	0.71	0.72	0.67	0.01	0.72	0.59	-0.81	0.42	0.62	0.58	0.23	0.75	0.84	0.16	-0.79	-0.01	0.46	0.41
Short Long Term Debt Total	0.44		0.72	0.9	-0.1	0.47	0.42	0.94	0.45	-0.06	0.57	0.41	-0.06	0.5	-0.41	0.86	0.75	0.34	0.76	0.25	0.39	0.73	-0.39	-0.65	0.63	0.85
Other Current Liab	0.28	0.72		0.81	-0.49	0.28	0.53	0.73	0.41	-0.19	0.37	0.37	-0.19	0.72	-0.18	0.63	0.65	0.41	0.32	0.31	0.27	0.34	-0.2	-0.75	0.48	0.57
Total Current Liabilities	0.39	0.9	0.81		-0.19	0.28	0.3	0.85	0.57	-0.08	0.35	0.61	-0.08	0.66	-0.37	0.8	0.56	0.53	0.77	0.28	0.47	0.79	-0.31	-0.6	0.48	0.76
Total Stockholder Equity	0.6	-0.1	-0.49	-0.19		0.34	-0.24	-0.35	0.38	0.74	0.28	-0.21	0.74	0.01	-0.63	-0.08	0.0	0.28	0.03	0.25	0.49	-0.08	-0.56	0.57	0.02	-0.05
Property Plant And Equipment Net	0.68	0.47	0.28	0.28	0.34		0.36	0.28	0.39	0.48	0.98	-0.3	0.48	0.35	-0.78	0.36	0.75	0.24	0.09	0.7	0.45	0.06	-0.86	-0.44	0.75	0.45
Current Deferred Revenue	0.11	0.42	0.53	0.3	-0.24	0.36		0.45	0.17	-0.16	0.45	-0.17	-0.16	0.38	-0.13	0.42	0.53	0.09	-0.06	-0.03	-0.03	-0.09	-0.22	-0.6	0.54	0.47
Net Debt	0.16	0.94	0.73	0.85	-0.35	0.28	0.45		0.33	-0.4	0.39	0.37	-0.4	0.41	-0.13	0.82	0.63	0.25	0.69	-0.01	0.14	0.68	-0.12	-0.68	0.5	0.79
Accounts Payable	0.71	0.45	0.41	0.57	0.38	0.39	0.17	0.33		0.27	0.42	0.16	0.27	0.84	-0.67	0.57	0.47	0.94	0.27	0.36	0.8	0.25	-0.59	-0.05	0.36	0.48
Cash	0.72	-0.06	-0.19	-0.08	0.74	0.48	-0.16	-0.4	0.27		0.41	-0.02	1.0	0.19	-0.71	-0.05	0.22	0.19	-0.01	0.71	0.66	-0.09	-0.7	0.21	0.27	0.01
Non Current Assets Total	0.67	0.57	0.37	0.35	0.28	0.98	0.45	0.39	0.42	0.41		-0.27	0.41	0.41	-0.75	0.49	0.84	0.25	0.14	0.63	0.45	0.09	-0.84	-0.52	0.83	0.56
Non Currrent Assets Other	0.01	0.41	0.37	0.61	-0.21	-0.3	-0.17	0.37	0.16	-0.02	-0.27		-0.02	0.25	0.0	0.42	0.05	0.24	0.7	-0.03	0.33	0.7	0.12	-0.17	-0.01	0.36
Cash And Short Term Investments	0.72	-0.06	-0.19	-0.08	0.74	0.48	-0.16	-0.4	0.27	1.0	0.41	-0.02		0.19	-0.71	-0.05	0.22	0.19	-0.01	0.71	0.66	-0.09	-0.7	0.21	0.27	0.01
Net Receivables	0.59	0.5	0.72	0.66	0.01	0.35	0.38	0.41	0.84	0.19	0.41	0.25	0.19		-0.54	0.56	0.59	0.85	0.2	0.48	0.71	0.17	-0.49	-0.37	0.45	0.49
Good Will	-0.81	-0.41	-0.18	-0.37	-0.63	-0.78	-0.13	-0.13	-0.67	-0.71	-0.75	0.0	-0.71	-0.54		-0.34	-0.57	-0.57	-0.25	-0.7	-0.77	-0.19	0.97	0.14	-0.55	-0.37
Common Stock Shares Outstanding	0.42	0.86	0.63	0.8	-0.08	0.36	0.42	0.82	0.57	-0.05	0.49	0.42	-0.05	0.56	-0.34		0.75	0.39	0.68	0.15	0.51	0.63	-0.34	-0.61	0.73	0.96
Non Current Liabilities Total	0.62	0.75	0.65	0.56	0.0	0.75	0.53	0.63	0.47	0.22	0.84	0.05	0.22	0.59	-0.57	0.75		0.32	0.29	0.52	0.52	0.2	-0.64	-0.67	0.83	0.73
Inventory	0.58	0.34	0.41	0.53	0.28	0.24	0.09	0.25	0.94	0.19	0.25	0.24	0.19	0.85	-0.57	0.39	0.32		0.21	0.32	0.74	0.2	-0.46	0.03	0.16	0.31
Other Current Assets	0.23	0.76	0.32	0.77	0.03	0.09	-0.06	0.69	0.27	-0.01	0.14	0.7	-0.01	0.2	-0.25	0.68	0.29	0.21		0.08	0.39	0.96	-0.16	-0.32	0.33	0.7
Total Liab	0.75	0.25	0.31	0.28	0.25	0.7	-0.03	-0.01	0.36	0.71	0.63	-0.03	0.71	0.48	-0.7	0.15	0.52	0.32	0.08		0.66	0.09	-0.73	-0.26	0.48	0.2
Total Current Assets	0.84	0.39	0.27	0.47	0.49	0.45	-0.03	0.14	0.8	0.66	0.45	0.33	0.66	0.71	-0.77	0.51	0.52	0.74	0.39	0.66		0.32	-0.71	-0.04	0.46	0.49
Short Term Debt	0.16	0.73	0.34	0.79	-0.08	0.06	-0.09	0.68	0.25	-0.09	0.09	0.7	-0.09	0.17	-0.19	0.63	0.2	0.2	0.96	0.09	0.32		-0.09	-0.34	0.28	0.65
Intangible Assets	-0.79	-0.39	-0.2	-0.31	-0.56	-0.86	-0.22	-0.12	-0.59	-0.7	-0.84	0.12	-0.7	-0.49	0.97	-0.34	-0.64	-0.46	-0.16	-0.73	-0.71	-0.09		0.24	-0.66	-0.39
Retained Earnings	-0.01	-0.65	-0.75	-0.6	0.57	-0.44	-0.6	-0.68	-0.05	0.21	-0.52	-0.17	0.21	-0.37	0.14	-0.61	-0.67	0.03	-0.32	-0.26	-0.04	-0.34	0.24		-0.77	-0.66
Other Stockholder Equity	0.46	0.63	0.48	0.48	0.02	0.75	0.54	0.5	0.36	0.27	0.83	-0.01	0.27	0.45	-0.55	0.73	0.83	0.16	0.33	0.48	0.46	0.28	-0.66	-0.77		0.82
Common Stock	0.41	0.85	0.57	0.76	-0.05	0.45	0.47	0.79	0.48	0.01	0.56	0.36	0.01	0.49	-0.37	0.96	0.73	0.31	0.7	0.2	0.49	0.65	-0.39	-0.66	0.82

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CVR Energy Account Relationship Matchups

CVR Energy fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.9B	4.0B	3.9B	4.1B	4.7B	3.5B
Short Long Term Debt Total	1.2B	1.7B	1.7B	1.6B	2.2B	2.3B
Other Current Liab	85M	292M	596M	822M	444M	466.2M
Total Current Liabilities	596M	659M	1.2B	1.4B	1.7B	1.8B
Total Stockholder Equity	1.4B	1.0B	553M	531M	847M	912.5M
Property Plant And Equipment Net	2.3B	2.2B	2.3B	2.2B	2.3B	2.0B
Current Deferred Revenue	28M	31M	87M	48M	16M	23.2M
Net Debt	557M	1.0B	1.2B	1.1B	1.6B	1.7B
Accounts Payable	412M	282M	409M	497M	530M	326.1M
Cash	668M	652M	667M	510M	581M	511.4M
Non Currrent Assets Other	(118M)	(32M)	(4M)	30M	254M	266.7M
Cash And Short Term Investments	668M	652M	667M	510M	581M	511.4M
Net Receivables	182M	178M	299M	358M	286M	199.4M
Liabilities And Stockholders Equity	3.9B	4.0B	3.9B	4.1B	4.7B	3.5B
Non Current Liabilities Total	1.6B	2.1B	2.0B	1.9B	2.0B	1.5B
Inventory	390M	298M	484M	624M	604M	408.7M
Other Current Assets	134M	259M	76M	101M	708M	743.4M
Total Liab	2.5B	3.0B	3.4B	3.6B	3.7B	2.9B
Total Current Assets	1.3B	1.4B	1.4B	1.6B	2.2B	1.2B
Short Term Debt	3M	19M	22M	21M	620M	651M
Retained Earnings	(113M)	(490M)	(956M)	(976M)	(660M)	(627M)
Other Stockholder Equity	1.5B	1.5B	1.5B	1.5B	1.7B	1.2B
Other Assets	247M	299M	227M	239M	4.7B	4.9B
Long Term Debt	1.2B	1.2B	1.2B	1.7B	1.9B	1.4B
Property Plant Equipment	2.4B	2.3B	2.3B	2.3B	2.1B	1.9B
Other Liab	417M	393M	302M	279M	251.1M	290.7M
Net Tangible Assets	1.4B	1.0B	553M	531M	477.9M	760.1M

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CVR Change In Working Capital vs Net Income Analysis

Change In Working Capital vs Net Income

Change In Working Capital vs Net Income Correlation Analysis

Correlation Coefficient

Change In Working Capital

Net Income

CVR Energy fundamental ratios Correlations

CVR Energy Account Relationship Matchups

High Positive Relationship

High Negative Relationship

CVR Energy fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Non Current Assets Total	+ 0.98	Property Plant And Equipment Net
Intangible Assets	+ 0.97	Good Will
Common Stock	+ 0.96	Common Stock Shares Outstanding
Short Term Debt	+ 0.96	Other Current Assets
Net Debt	+ 0.94	Short Long Term Debt Total

Intangible Assets	- 0.86	Property Plant And Equipment Net
Intangible Assets	- 0.84	Non Current Assets Total
Good Will	- 0.81	Total Assets
Intangible Assets	- 0.79	Total Assets
Good Will	- 0.78	Property Plant And Equipment Net
Other Stockholder Equity	- 0.77	Retained Earnings