CVR Total Other Income Expense Net vs Ebit 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 Total Other Income Expense Net and its Ebit 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.
Total Other Income Expense Net vs Ebit
Total Other Income Expense Net vs Ebit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CVR Partners LP Total Other Income Expense Net account and Ebit. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between CVR Partners' Total Other Income Expense Net and Ebit is -0.17. Overlapping area represents the amount of variation of Total Other Income Expense Net that can explain the historical movement of Ebit 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' Total Other Income Expense Net and Ebit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Other Income Expense Net of CVR Partners LP are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Total Other Income Expense Net i.e., CVR Partners' Total Other Income Expense Net and Ebit go up and down completely randomly.
Correlation Coefficient | -0.17 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Total Other Income Expense Net
Ebit
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 Expense | 61.0M | 34.1M | 28.7M | 32.7M | Depreciation And Amortization | 73.5M | 82.1M | 79.7M | 83.7M |
CVR Partners fundamental ratios Correlations
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CVR Partners Account Relationship Matchups
High Positive Relationship
High Negative Relationship
CVR Partners fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.1B | 1.0B | 1.1B | 1.1B | 975.3M | 905.5M | |
Other Current Liab | 22.8M | 13.4M | 29.3M | 23.0M | 15.9M | 13.8M | |
Total Current Liabilities | 75.5M | 76.3M | 161.9M | 126.1M | 75.5M | 72.6M | |
Total Stockholder Equity | 419.5M | 314.2M | 342.2M | 286.8M | 302.9M | 287.7M | |
Property Plant And Equipment Net | 952.0M | 897.8M | 850.5M | 811.0M | 761.0M | 721.5M | |
Current Deferred Revenue | 28.1M | 30.8M | 88.0M | 47.5M | 15.8M | 25.2M | |
Net Debt | 598.9M | 608.9M | 498.1M | 463.4M | 505.2M | 300.7M | |
Accounts Payable | 21.1M | 24.8M | 41.5M | 50.8M | 38.8M | 27.1M | |
Cash | 37.0M | 30.6M | 112.5M | 86.3M | 45.3M | 55.8M | |
Non Current Assets Total | 1.0B | 914.7M | 1.0B | 834.7M | 809.5M | 776.1M | |
Non Currrent Assets Other | 14.4M | 16.8M | 164.1M | 23.7M | 27.0M | 19.3M | |
Cash And Short Term Investments | 37.0M | 30.6M | 112.5M | 86.3M | 45.3M | 55.8M | |
Net Receivables | 34.3M | 36.9M | 88.4M | 90.4M | 41.9M | 42.5M | |
Liabilities And Stockholders Equity | 1.1B | 1.0B | 1.1B | 688.6M | 975.3M | 684.0M | |
Non Current Liabilities Total | 642.9M | 642.3M | 610.6M | 562.5M | 597.0M | 383.5M | |
Inventory | 53.9M | 42.3M | 52.3M | 77.5M | 69.2M | 48.0M | |
Other Current Assets | 5.4M | 16.8M | (140.6M) | 11.4M | 9.5M | 10.0M | |
Total Liab | 718.4M | 718.6M | 784.9M | 688.6M | 672.5M | 453.5M | |
Property Plant And Equipment Gross | 965.6M | 897.8M | 1.5B | 1.5B | 1.5B | 864.2M | |
Total Current Assets | 130.6M | 118.2M | 112.5M | 265.7M | 165.9M | 163.6M | |
Other Liab | 2.6M | 3.1M | 10.2M | 7.8M | 8.9M | 9.4M | |
Other Assets | 1.0M | 16.8M | 7.0M | 10.9M | 12.5M | 13.1M | |
Property Plant Equipment | 952.0M | 897.8M | 850.5M | 811.0M | 932.6M | 736.6M | |
Short Term Debt | 3.5M | 5.5M | 3.1M | 2.9M | 3.2M | 5.1M | |
Short Long Term Debt Total | 635.9M | 639.5M | 613.7M | 549.7M | 550.5M | 470.0M | |
Net Tangible Assets | 378.6M | 314.2M | 342.2M | 411.8M | 370.6M | 331.2M | |
Long Term Debt | 632.4M | 633.9M | 610.6M | 546.8M | 547.3M | 463.2M | |
Long Term Debt Total | 632.4M | 633.9M | 610.6M | 546.8M | 628.8M | 451.6M | |
Non Current Liabilities Other | 10.5M | 8.4M | 12.4M | 15.7M | 16.4M | 17.2M | |
Common Stock | 419.5M | 314.2M | 342.2M | 411.8M | 302.9M | 347.6M | |
Cash And Equivalents | 37.0M | 30.6M | 112.5M | 86.3M | 99.3M | 68.0M | |
Net Invested Capital | 1.1B | 950.4M | 952.8M | 411.8M | 850.2M | 745.3M | |
Net Working Capital | 55.1M | 41.9M | 100.4M | 139.6M | 90.4M | 88.2M |
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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0.41 | LVROW | Lavoro Limited Warrant | PairCorr |
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 Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
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.