CVR Income Tax Expense vs Reconciled Depreciation Analysis

CVI Stock  USD 18.47  0.18  0.98%   
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 Tax Expense and its Reconciled Depreciation 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 Tax Expense vs Reconciled Depreciation

Income Tax Expense vs Reconciled Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CVR Energy Income Tax Expense account and Reconciled Depreciation. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between CVR Energy's Income Tax Expense and Reconciled Depreciation is -0.02. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Reconciled Depreciation 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 Tax Expense and Reconciled Depreciation 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 Tax Expense of CVR Energy are associated (or correlated) with its Reconciled Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Reconciled Depreciation has no effect on the direction of Income Tax Expense i.e., CVR Energy's Income Tax Expense and Reconciled Depreciation go up and down completely randomly.

Correlation Coefficient

-0.02
Relationship DirectionNegative 
Relationship StrengthInsignificant

Income Tax Expense

Reconciled Depreciation

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 Expenses128M156M143M142.5M
Cost Of Revenue7.0B9.8B8.0B5.9B

CVR Energy fundamental ratios Correlations

0.440.330.390.60.090.680.110.160.710.720.670.010.320.550.720.6-0.810.420.620.580.180.370.750.530.84
0.440.580.9-0.10.20.470.420.940.45-0.060.570.410.260.78-0.060.5-0.410.860.750.340.760.350.250.710.39
0.330.580.67-0.470.10.320.540.60.47-0.130.410.230.430.75-0.130.77-0.20.590.690.460.160.120.370.870.33
0.390.90.67-0.190.010.280.30.850.57-0.080.350.610.260.6-0.080.66-0.370.80.560.530.780.140.280.750.47
0.6-0.1-0.47-0.19-0.090.34-0.24-0.350.380.740.28-0.21-0.08-0.10.740.01-0.63-0.080.00.28-0.050.210.25-0.230.49
0.090.20.10.01-0.090.560.180.15-0.230.130.55-0.22-0.120.260.13-0.28-0.170.150.37-0.38-0.030.430.260.24-0.13
0.680.470.320.280.340.560.360.280.390.480.98-0.30.090.640.480.37-0.780.360.750.240.070.760.70.580.45
0.110.420.540.3-0.240.180.360.450.17-0.160.45-0.170.590.63-0.160.38-0.130.420.530.09-0.070.51-0.030.56-0.03
0.160.940.60.85-0.350.150.280.450.33-0.40.390.370.220.74-0.40.41-0.130.820.630.250.710.26-0.010.650.14
0.710.450.470.570.38-0.230.390.170.330.270.420.160.280.510.270.84-0.670.570.470.940.240.190.360.650.8
0.72-0.06-0.13-0.080.740.130.48-0.16-0.40.270.41-0.020.050.01.00.18-0.71-0.050.220.19-0.060.190.710.040.66
0.670.570.410.350.280.550.980.450.390.420.41-0.270.140.750.410.42-0.750.490.840.250.120.760.630.650.45
0.010.410.230.61-0.21-0.22-0.3-0.170.370.16-0.02-0.270.030.0-0.020.210.00.420.050.240.73-0.52-0.030.210.33
0.320.260.430.26-0.08-0.120.090.590.220.280.050.140.030.430.050.42-0.130.230.330.23-0.09-0.020.170.410.15
0.550.780.750.6-0.10.260.640.630.740.510.00.750.00.430.00.63-0.440.760.950.380.260.470.350.810.4
0.72-0.06-0.13-0.080.740.130.48-0.16-0.40.271.00.41-0.020.050.00.18-0.71-0.050.220.19-0.060.190.710.040.66
0.60.50.770.660.01-0.280.370.380.410.840.180.420.210.420.630.18-0.540.550.590.850.190.190.490.80.71
-0.81-0.41-0.2-0.37-0.63-0.17-0.78-0.13-0.13-0.67-0.71-0.750.0-0.13-0.44-0.71-0.54-0.34-0.57-0.57-0.23-0.47-0.7-0.47-0.77
0.420.860.590.8-0.080.150.360.420.820.57-0.050.490.420.230.76-0.050.55-0.340.750.390.670.290.150.770.51
0.620.750.690.560.00.370.750.530.630.470.220.840.050.330.950.220.59-0.570.750.320.30.490.520.80.52
0.580.340.460.530.28-0.380.240.090.250.940.190.250.240.230.380.190.85-0.570.390.320.20.050.320.560.74
0.180.760.160.78-0.05-0.030.07-0.070.710.24-0.060.120.73-0.090.26-0.060.19-0.230.670.30.20.040.080.340.37
0.370.350.120.140.210.430.760.510.260.190.190.76-0.52-0.020.470.190.19-0.470.290.490.050.040.360.420.19
0.750.250.370.280.250.260.7-0.03-0.010.360.710.63-0.030.170.350.710.49-0.70.150.520.320.080.360.510.66
0.530.710.870.75-0.230.240.580.560.650.650.040.650.210.410.810.040.8-0.470.770.80.560.340.420.510.56
0.840.390.330.470.49-0.130.45-0.030.140.80.660.450.330.150.40.660.71-0.770.510.520.740.370.190.660.56
Click cells to compare fundamentals

CVR Energy Account Relationship Matchups

CVR Energy fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.9B4.0B3.9B4.1B4.7B3.5B
Short Long Term Debt Total1.2B1.7B1.7B1.6B2.2B2.3B
Other Current Liab137M292M596M822M444M235.9M
Total Current Liabilities596M659M1.2B1.4B1.7B1.8B
Total Stockholder Equity1.4B1.0B553M531M847M912.5M
Other Liab417M393M302M279M320.9M243.9M
Property Plant And Equipment Net2.3B2.2B2.3B2.2B2.3B2.0B
Current Deferred Revenue28M31M87M48M16M23.2M
Net Debt557M1.0B1.2B1.1B1.6B1.7B
Accounts Payable412M282M409M497M530M324.8M
Cash668M652M667M510M581M511.4M
Non Currrent Assets Other(118M)(32M)(4M)30M254M266.7M
Other Assets230M336M3.4B279M320.9M400.4M
Long Term Debt1.1B1.6B1.7B1.5B1.5B1.0B
Cash And Short Term Investments668M652M667M510M581M511.4M
Net Receivables182M178M299M358M286M197.2M
Liabilities And Stockholders Equity3.9B4.0B3.9B4.1B4.7B3.5B
Non Current Liabilities Total1.6B2.1B2.0B1.9B2.0B1.5B
Inventory390M298M484M624M604M408.7M
Other Current Assets76M67M259M101M708M743.4M
Other Stockholder Equity3.1B1.5B1.5B1.5B1.7B1.3B
Total Liab2.5B3.0B3.4B3.6B3.7B2.9B
Property Plant And Equipment Gross2.3B2.2B4.5B4.6B4.8B2.4B
Total Current Assets1.3B1.4B1.4B1.6B2.2B1.2B
Short Term Debt3M19M22M21M620M651M
Property Plant Equipment2.4B2.3B2.3B2.2B2.6B2.0B
Retained Earnings(113M)(490M)(956M)(976M)(660M)(627M)
Noncontrolling Interest In Consolidated Entity275M200M217M260M234M344.1M
Retained Earnings Total Equity(113M)(490M)(956M)(976M)(878.4M)(834.5M)
Deferred Long Term Liab396M368M268M249M286.4M411.4M

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 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 Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
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.