CVR Historical Income Statement
| UAN Stock | USD 71.81 0.19 0.27% |
Historical analysis of CVR Partners income statement accounts such as Depreciation And Amortization of 83.7 M, Interest Expense of 32.7 M, Total Revenue of 413.2 M or Gross Profit of 128.4 M can show how well CVR Partners LP performed in making a profits. Evaluating CVR Partners income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of CVR Partners's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining CVR Partners LP latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether CVR Partners LP is a good buy for the upcoming year.
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About CVR Income Statement Analysis
CVR Partners LP Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to CVR Partners shareholders. The income statement also shows CVR investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
CVR Partners Income Statement Chart
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Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.Total Revenue
Total revenue comprises all receipts CVR Partners LP generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of CVR Partners LP minus its cost of goods sold. It is profit before CVR Partners operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of CVR Partners LP. It is also known as CVR Partners overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Minority Interest
Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of CVR Partners LP whose combined shares represent less than 50% of the total outstanding shares issued by CVR Partners have a minority interest in CVR Partners.Most accounts from CVR Partners' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into CVR Partners LP current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in CVR Partners LP. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. At this time, CVR Partners' Income Tax Expense is very stable compared to the past year. As of the 25th of November 2024, Net Income Applicable To Common Shares is likely to grow to about 271 M, while Total Revenue is likely to drop about 413.2 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 61.0M | 34.1M | 28.7M | 32.7M | Depreciation And Amortization | 73.5M | 82.1M | 79.7M | 83.7M |
CVR Partners income statement Correlations
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CVR Partners Account Relationship Matchups
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CVR Partners income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 171.9K | 76.1M | 73.5M | 82.1M | 79.7M | 83.7M | |
| Interest Expense | 62.6M | 63.4M | 61.0M | 34.1M | 28.7M | 32.7M | |
| Total Revenue | 404.2M | 350.0M | 532.6M | 835.6M | 681.5M | 413.2M | |
| Gross Profit | 56.6M | 24.8M | 162.0M | 352.4M | 232.5M | 128.4M | |
| Other Operating Expenses | 373.4M | 343.3M | 397.2M | 515.4M | 480.1M | 314.9M | |
| Operating Income | (48.8M) | (69.2M) | 66.7M | 239.2M | 201.4M | 211.5M | |
| Ebit | 30.9M | (34.7M) | 139.2M | 321.0M | 201.4M | 104.5M | |
| Ebitda | 31.0M | 41.4M | 212.7M | 403.2M | 281.1M | 295.1M | |
| Cost Of Revenue | 347.6M | 325.1M | 370.5M | 483.2M | 449.0M | 284.8M | |
| Total Operating Expenses | 25.8M | 18.2M | 26.6M | 32.2M | 29.5M | 21.8M | |
| Income Before Tax | (35.0M) | (98.2M) | 78.2M | 287.0M | 172.7M | 181.4M | |
| Total Other Income Expense Net | 13.8M | (63.3M) | (56.3M) | (33.0M) | (28.7M) | (27.3M) | |
| Net Income | (35.0M) | (98.2M) | 78.2M | 286.8M | 172.4M | 181.1M | |
| Income Tax Expense | (18K) | 30K | 57K | 160K | 289K | 303.5K | |
| Selling General Administrative | 25.8M | 18.2M | 26.6M | 32.2M | 30.8M | 26.0M | |
| Net Income Applicable To Common Shares | (35.0M) | (98.2M) | 78.2M | 286.8M | 258.1M | 271.0M | |
| Net Income From Continuing Ops | (35.0M) | (98.2M) | 78.2M | 286.8M | 257.8M | 270.7M | |
| Non Operating Income Net Other | 269K | 159K | 4.7M | 1.1M | 1.3M | 1.3M | |
| Tax Provision | (18K) | 30K | 57K | 160K | (167K) | (158.7K) | |
| Interest Income | 62.6M | 63.4M | 53.2M | 34.0M | 39.1M | 38.9M | |
| Net Interest Income | (62.6M) | (63.4M) | (61.0M) | (34.1M) | (29.4M) | (30.9M) | |
| Reconciled Depreciation | 79.8M | 76.1M | 73.5M | 82.1M | 78.4M | 84.2M | |
| Non Recurring | 3.4M | 41.6M | 948K | 263K | 236.7K | 224.9K |
Pair Trading with CVR Partners
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if CVR Partners position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in CVR Partners will appreciate offsetting losses from the drop in the long position's value.Moving against CVR Stock
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The ability to find closely correlated positions to CVR Partners could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CVR Partners when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back CVR Partners - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling CVR Partners LP to buy it.
The correlation of CVR Partners is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as CVR Partners moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CVR Partners LP moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for CVR Partners can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out World Market Map to better understand how to build diversified portfolios, which includes a position in CVR Partners LP. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Is Fertilizers & Agricultural Chemicals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of CVR Partners. If investors know CVR will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about CVR Partners listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 4.208 | Dividend Share 6.69 | Earnings Share 4.97 | Revenue Per Share 49.895 | Quarterly Revenue Growth (0.04) |
The market value of CVR Partners LP is measured differently than its book value, which is the value of CVR that is recorded on the company's balance sheet. Investors also form their own opinion of CVR Partners' value that differs from its market value or its book value, called intrinsic value, which is CVR Partners' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because CVR Partners' market value can be influenced by many factors that don't directly affect CVR Partners' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between CVR Partners' value and its price as these two are different measures arrived at by different means. Investors typically determine if CVR Partners is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CVR Partners' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.