CVR Quick Ratio from 2010 to 2024

CVI Stock  USD 17.90  0.05  0.28%   
CVR Energy's Quick Ratio is decreasing with slightly volatile movements from year to year. Quick Ratio is estimated to finish at 1.03 this year. Quick Ratio is a measure of a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as (current assets - inventories) divided by current liabilities. View All Fundamentals
 
Quick Ratio  
First Reported
2010-12-31
Previous Quarter
0.93638526
Current Value
1.03
Quarterly Volatility
0.61087363
 
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Yuan Drop
 
Covid
Check CVR Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among CVR Energy's main balance sheet or income statement drivers, such as Depreciation And Amortization of 185.4 M, Interest Expense of 49.4 M or Selling General Administrative of 111.2 M, as well as many indicators such as Price To Sales Ratio of 0.41, Dividend Yield of 0.15 or PTB Ratio of 4.06. CVR financial statements analysis is a perfect complement when working with CVR Energy Valuation or Volatility modules.
  
Check out the analysis of CVR Energy Correlation against competitors.
For more detail on how to invest in CVR Stock please use our How to Invest in CVR Energy guide.

Latest CVR Energy's Quick Ratio Growth Pattern

Below is the plot of the Quick Ratio of CVR Energy over the last few years. It is a measure of a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as (current assets - inventories) divided by current liabilities. CVR Energy's Quick Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in CVR Energy's overall financial position and show how it may be relating to other accounts over time.
Quick Ratio10 Years Trend
Slightly volatile
   Quick Ratio   
       Timeline  

CVR Quick Ratio Regression Statistics

Arithmetic Mean1.50
Geometric Mean1.38
Coefficient Of Variation40.66
Mean Deviation0.50
Median1.51
Standard Deviation0.61
Sample Variance0.37
Range1.9871
R-Value(0.44)
Mean Square Error0.32
R-Squared0.20
Significance0.1
Slope(0.06)
Total Sum of Squares5.22

CVR Quick Ratio History

2024 1.03
2023 0.94
2022 0.67
2021 0.77
2020 1.68
2019 1.51
2018 1.84

About CVR Energy Financial Statements

Investors use fundamental indicators, such as CVR Energy's Quick Ratio, to determine how well the company is positioned to perform in the future. Although CVR Energy's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Quick Ratio 0.94  1.03 

Currently Active Assets on Macroaxis

When determining whether CVR Energy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of CVR Energy's 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 Energy Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cvr Energy Stock:
Check out the analysis of CVR Energy Correlation against competitors.
For more detail on how to invest in CVR Stock please use our How to Invest in CVR Energy guide.
You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Is Oil & Gas Refining & Marketing 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 Energy. 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 Energy 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
(0.84)
Dividend Share
1.5
Earnings Share
0.69
Revenue Per Share
78.259
Quarterly Revenue Growth
(0.27)
The market value of CVR Energy 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 Energy's value that differs from its market value or its book value, called intrinsic value, which is CVR Energy's 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 Energy's market value can be influenced by many factors that don't directly affect CVR Energy's 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 Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if CVR Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CVR Energy's 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.