CVR Depreciation And Amortization vs Interest Income Analysis

UAN Stock  USD 71.81  0.19  0.27%   
CVR Partners financial indicator trend analysis is way more than just evaluating CVR Partners LP prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CVR Partners LP is a good investment. Please check the relationship between CVR Partners Depreciation And Amortization and its Interest Income accounts. 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.

Depreciation And Amortization vs Interest Income

Depreciation And Amortization vs Interest Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CVR Partners LP Depreciation And Amortization account and Interest Income. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between CVR Partners' Depreciation And Amortization and Interest Income is 0.41. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Interest Income in the same time period over historical financial statements of CVR Partners LP, assuming nothing else is changed. The correlation between historical values of CVR Partners' Depreciation And Amortization and Interest 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 Depreciation And Amortization of CVR Partners LP are associated (or correlated) with its Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Income has no effect on the direction of Depreciation And Amortization i.e., CVR Partners' Depreciation And Amortization and Interest Income go up and down completely randomly.

Correlation Coefficient

0.41
Relationship DirectionPositive 
Relationship StrengthWeak

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.
Most indicators from CVR Partners' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 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 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.
As of the 25th of November 2024, Selling General Administrative is likely to drop to about 26 M. In addition to that, Tax Provision is likely to grow to about (158.7 K)
 2021 2022 2023 2024 (projected)
Interest Expense61.0M34.1M28.7M32.7M
Depreciation And Amortization73.5M82.1M79.7M83.7M

CVR Partners fundamental ratios Correlations

0.840.62-0.220.930.60.90.35-0.290.930.28-0.290.420.910.910.78-0.16-0.220.920.790.060.70.320.60.92-0.94
0.840.85-0.350.810.790.810.61-0.270.840.5-0.270.760.850.820.75-0.41-0.350.860.820.080.520.560.360.8-0.89
0.620.85-0.30.580.960.640.750.00.630.730.00.850.690.690.68-0.61-0.30.760.790.240.470.690.160.58-0.67
-0.22-0.35-0.3-0.28-0.25-0.28-0.230.05-0.28-0.110.05-0.25-0.32-0.29-0.240.091.0-0.3-0.27-0.09-0.44-0.220.07-0.280.14
0.930.810.58-0.280.520.960.42-0.380.990.22-0.380.320.940.950.76-0.1-0.280.940.78-0.060.680.250.290.99-0.93
0.60.790.96-0.250.520.570.550.010.580.730.010.80.620.610.55-0.65-0.250.690.650.140.460.570.260.5-0.61
0.90.810.64-0.280.960.570.48-0.470.960.29-0.470.420.980.980.82-0.13-0.280.970.84-0.110.750.350.340.97-0.92
0.350.610.75-0.230.420.550.480.00.440.50.00.710.510.530.69-0.34-0.230.570.790.360.250.75-0.170.46-0.51
-0.29-0.270.00.05-0.380.01-0.470.0-0.350.151.0-0.18-0.38-0.3-0.35-0.230.05-0.27-0.230.65-0.46-0.03-0.27-0.390.42
0.930.840.63-0.280.990.580.960.44-0.350.32-0.350.360.940.950.76-0.21-0.280.950.8-0.090.680.290.290.98-0.93
0.280.50.73-0.110.220.730.290.50.150.320.150.590.310.340.23-0.96-0.110.420.53-0.140.250.640.110.22-0.28
-0.29-0.270.00.05-0.380.01-0.470.01.0-0.350.15-0.18-0.38-0.3-0.35-0.230.05-0.27-0.230.65-0.46-0.03-0.27-0.390.42
0.420.760.85-0.250.320.80.420.71-0.180.360.59-0.180.480.420.56-0.47-0.250.50.640.20.290.750.270.32-0.53
0.910.850.69-0.320.940.620.980.51-0.380.940.31-0.380.480.980.81-0.14-0.320.980.850.020.720.450.340.95-0.92
0.910.820.69-0.290.950.610.980.53-0.30.950.34-0.30.420.980.82-0.18-0.290.990.880.030.720.40.310.97-0.91
0.780.750.68-0.240.760.550.820.69-0.350.760.23-0.350.560.810.82-0.05-0.240.830.910.220.730.50.320.81-0.85
-0.16-0.41-0.610.09-0.1-0.65-0.13-0.34-0.23-0.21-0.96-0.23-0.47-0.14-0.18-0.050.09-0.25-0.350.21-0.09-0.47-0.03-0.090.15
-0.22-0.35-0.31.0-0.28-0.25-0.28-0.230.05-0.28-0.110.05-0.25-0.32-0.29-0.240.09-0.3-0.27-0.09-0.44-0.220.07-0.280.14
0.920.860.76-0.30.940.690.970.57-0.270.950.42-0.270.50.980.990.83-0.25-0.30.90.060.720.450.340.95-0.91
0.790.820.79-0.270.780.650.840.79-0.230.80.53-0.230.640.850.880.91-0.35-0.270.90.140.670.690.290.82-0.85
0.060.080.24-0.09-0.060.14-0.110.360.65-0.09-0.140.650.20.020.030.220.21-0.090.060.14-0.160.22-0.05-0.05-0.01
0.70.520.47-0.440.680.460.750.25-0.460.680.25-0.460.290.720.720.73-0.09-0.440.720.67-0.160.340.450.7-0.64
0.320.560.69-0.220.250.570.350.75-0.030.290.64-0.030.750.450.40.5-0.47-0.220.450.690.220.340.150.31-0.44
0.60.360.160.070.290.260.34-0.17-0.270.290.11-0.270.270.340.310.32-0.030.070.340.29-0.050.450.150.3-0.44
0.920.80.58-0.280.990.50.970.46-0.390.980.22-0.390.320.950.970.81-0.09-0.280.950.82-0.050.70.310.3-0.94
-0.94-0.89-0.670.14-0.93-0.61-0.92-0.510.42-0.93-0.280.42-0.53-0.92-0.91-0.850.150.14-0.91-0.85-0.01-0.64-0.44-0.44-0.94
Click cells to compare fundamentals

CVR Partners Account Relationship Matchups

CVR Partners fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.1B1.0B1.1B1.1B975.3M905.5M
Other Current Liab22.8M13.4M29.3M23.0M15.9M13.8M
Total Current Liabilities75.5M76.3M161.9M126.1M75.5M72.6M
Total Stockholder Equity419.5M314.2M342.2M286.8M302.9M287.7M
Property Plant And Equipment Net952.0M897.8M850.5M811.0M761.0M721.5M
Current Deferred Revenue28.1M30.8M88.0M47.5M15.8M25.2M
Net Debt598.9M608.9M498.1M463.4M505.2M300.7M
Accounts Payable21.1M24.8M41.5M50.8M38.8M27.1M
Cash37.0M30.6M112.5M86.3M45.3M55.8M
Non Current Assets Total1.0B914.7M1.0B834.7M809.5M776.1M
Non Currrent Assets Other14.4M16.8M164.1M23.7M27.0M19.3M
Cash And Short Term Investments37.0M30.6M112.5M86.3M45.3M55.8M
Net Receivables34.3M36.9M88.4M90.4M41.9M42.5M
Liabilities And Stockholders Equity1.1B1.0B1.1B688.6M975.3M684.0M
Non Current Liabilities Total642.9M642.3M610.6M562.5M597.0M383.5M
Inventory53.9M42.3M52.3M77.5M69.2M48.0M
Other Current Assets5.4M16.8M(140.6M)11.4M9.5M10.0M
Total Liab718.4M718.6M784.9M688.6M672.5M453.5M
Property Plant And Equipment Gross965.6M897.8M1.5B1.5B1.5B864.2M
Total Current Assets130.6M118.2M112.5M265.7M165.9M163.6M
Other Liab2.6M3.1M10.2M7.8M8.9M9.4M
Other Assets1.0M16.8M7.0M10.9M12.5M13.1M
Property Plant Equipment952.0M897.8M850.5M811.0M932.6M736.6M
Short Term Debt3.5M5.5M3.1M2.9M3.2M5.1M
Short Long Term Debt Total635.9M639.5M613.7M549.7M550.5M470.0M
Net Tangible Assets378.6M314.2M342.2M411.8M370.6M331.2M
Long Term Debt632.4M633.9M610.6M546.8M547.3M463.2M
Long Term Debt Total632.4M633.9M610.6M546.8M628.8M451.6M
Non Current Liabilities Other10.5M8.4M12.4M15.7M16.4M17.2M
Common Stock419.5M314.2M342.2M411.8M302.9M347.6M
Cash And Equivalents37.0M30.6M112.5M86.3M99.3M68.0M
Net Invested Capital1.1B950.4M952.8M411.8M850.2M745.3M
Net Working Capital55.1M41.9M100.4M139.6M90.4M88.2M

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.
Pair CorrelationCorrelation Matching
When determining whether CVR Partners LP offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of CVR Partners' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Cvr Partners Lp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cvr Partners Lp Stock:
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 Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
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.