CVR Income Before Tax vs Extraordinary Items Analysis
CVI Stock | USD 17.90 0.05 0.28% |
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 Income Before Tax and its Extraordinary Items 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 real. For more detail on how to invest in CVR Stock please use our How to Invest in CVR Energy guide.
Income Before Tax vs Extraordinary Items
Income Before Tax vs Extraordinary Items Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CVR Energy Income Before Tax account and Extraordinary Items. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between CVR Energy's Income Before Tax and Extraordinary Items is -0.6. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Extraordinary Items 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 Income Before Tax and Extraordinary Items is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of CVR Energy are associated (or correlated) with its Extraordinary Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Extraordinary Items has no effect on the direction of Income Before Tax i.e., CVR Energy's Income Before Tax and Extraordinary Items go up and down completely randomly.
Correlation Coefficient | -0.6 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on CVR Energy income statement and is an important metric when analyzing CVR Energy profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.Extraordinary Items
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 real. For more detail on how to invest in CVR Stock please use our How to Invest in CVR Energy guide.As of now, CVR Energy's Enterprise Value is increasing as compared to previous years.
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 128M | 156M | 143M | 142.5M | Cost Of Revenue | 7.0B | 9.8B | 8.0B | 5.9B |
CVR Energy fundamental ratios Correlations
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CVR Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 | 137M | 292M | 596M | 822M | 444M | 235.9M | |
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 | |
Other Liab | 417M | 393M | 302M | 279M | 320.9M | 243.9M | |
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 | 324.8M | |
Cash | 668M | 652M | 667M | 510M | 581M | 511.4M | |
Non Currrent Assets Other | (118M) | (32M) | (4M) | 30M | 254M | 266.7M | |
Other Assets | 230M | 336M | 3.4B | 279M | 320.9M | 400.4M | |
Long Term Debt | 1.1B | 1.6B | 1.7B | 1.5B | 1.5B | 1.0B | |
Cash And Short Term Investments | 668M | 652M | 667M | 510M | 581M | 511.4M | |
Net Receivables | 182M | 178M | 299M | 358M | 286M | 197.2M | |
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 | 76M | 67M | 259M | 101M | 708M | 743.4M | |
Other Stockholder Equity | 3.1B | 1.5B | 1.5B | 1.5B | 1.7B | 1.3B | |
Total Liab | 2.5B | 3.0B | 3.4B | 3.6B | 3.7B | 2.9B | |
Property Plant And Equipment Gross | 2.3B | 2.2B | 4.5B | 4.6B | 4.8B | 2.4B | |
Total Current Assets | 1.3B | 1.4B | 1.4B | 1.6B | 2.2B | 1.2B | |
Short Term Debt | 3M | 19M | 22M | 21M | 620M | 651M | |
Property Plant Equipment | 2.4B | 2.3B | 2.3B | 2.2B | 2.6B | 2.0B | |
Retained Earnings | (113M) | (490M) | (956M) | (976M) | (660M) | (627M) | |
Noncontrolling Interest In Consolidated Entity | 275M | 200M | 217M | 260M | 234M | 344.1M | |
Retained Earnings Total Equity | (113M) | (490M) | (956M) | (976M) | (878.4M) | (834.5M) | |
Deferred Long Term Liab | 396M | 368M | 268M | 249M | 286.4M | 411.4M |
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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 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 real. 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.