CVR Historical Income Statement
| CVI Stock | USD 32.55 0.86 2.57% |
Historical analysis of CVR Energy income statement accounts such as Interest Expense of 49.4 M, Selling General Administrative of 111.2 M or Total Revenue of 6.5 B can show how well CVR Energy performed in making a profits. Evaluating CVR Energy income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of CVR Energy's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining CVR Energy latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether CVR Energy is a good buy for the upcoming year.
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About CVR Income Statement Analysis
CVR Energy Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to CVR Energy shareholders. The income statement also shows CVR investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
CVR Energy Income Statement Chart
CVR Energy Income Statement is one of the three primary financial statements used for reporting CVR's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of CVR Energy revenue and expense. CVR Energy Income Statement primarily focuses on the company's revenues and expenses during a particular period.
As of now, CVR Energy's EBIT is increasing as compared to previous years. The CVR Energy's current EBITDA is estimated to increase to about 1.5 B, while Interest Expense is projected to decrease to under 49.4 M. Add Fundamental
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of CVR Energy. It is also known as CVR Energy overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Cost Of Revenue
Cost of Revenue is found on CVR Energy income statement and represents the costs associated with goods and services CVR Energy provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Most accounts from CVR Energy's income statement are interrelated and interconnected. However, analyzing income statement accounts 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 income statement accounts, 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 tightly coupled 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 EBIT is increasing as compared to previous years. The CVR Energy's current EBITDA is estimated to increase to about 1.5 B, while Interest Expense is projected to decrease to under 49.4 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 128M | 156M | 141M | 142.4M | Cost Of Revenue | 7.0B | 9.8B | 8.0B | 5.9B |
CVR Energy income statement Correlations
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CVR Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
CVR Energy income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 18M | 65M | 27M | (59M) | 298M | 312.9M | |
| Selling General Administrative | 117M | 86M | 119M | 149M | 141M | 111.2M | |
| Total Revenue | 6.4B | 3.9B | 7.2B | 10.9B | 9.2B | 6.5B | |
| Gross Profit | 702M | (189M) | 218M | 1.1B | 1.3B | 1.3B | |
| Other Operating Expenses | 5.8B | 4.2B | 7.2B | 9.9B | 8.1B | 6.1B | |
| Operating Income | 580M | (333M) | 87M | 963M | 1.1B | 1.2B | |
| Ebit | 580M | (333M) | 87M | 963M | 1.1B | 1.2B | |
| Ebitda | 598M | (268M) | 114M | 904M | 1.4B | 1.5B | |
| Cost Of Revenue | 5.7B | 4.1B | 7.0B | 9.8B | 8.0B | 5.9B | |
| Total Operating Expenses | 126M | 96M | 128M | 156M | 141M | 142.4M | |
| Income Before Tax | 491M | (415M) | 66M | 801M | 1.1B | 1.1B | |
| Total Other Income Expense Net | (89M) | (82M) | (21M) | (162M) | 12M | 12.6M | |
| Net Income | 380M | (320M) | 74M | 644M | 769M | 807.5M | |
| Income Tax Expense | 129M | (95M) | (8M) | 157M | 207M | 217.4M | |
| Net Income Applicable To Common Shares | 380M | (256M) | 25M | 463M | 416.7M | 437.5M | |
| Minority Interest | (18M) | (64M) | 49M | (181M) | (109M) | (103.6M) | |
| Net Income From Continuing Ops | 362M | (320M) | 74M | 644M | 878M | 921.9M | |
| Non Operating Income Net Other | 13M | 48M | 96M | (77M) | (69.3M) | (65.8M) | |
| Tax Provision | 129M | (95M) | (8M) | 157M | 207M | 217.4M | |
| Reconciled Depreciation | 287M | 278M | 9M | 7M | 298M | 149.3M | |
| Non Recurring | (4M) | 48M | 3M | 11M | 12.7M | 14.1M |
Pair Trading with CVR Energy
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 Energy 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 Energy will appreciate offsetting losses from the drop in the long position's value.Moving together with CVR Stock
| 0.96 | DINO | HF Sinclair Corp Financial Report 2nd of May 2024 | PairCorr |
| 0.88 | DK | Delek Energy Financial Report 13th of May 2024 | PairCorr |
Moving against CVR Stock
| 0.68 | SGU | Star Gas Partners | PairCorr |
| 0.66 | CLNE | Clean Energy Fuels Financial Report 14th of May 2024 | PairCorr |
| 0.53 | CSAN | Cosan SA ADR Financial Report 20th of May 2024 | PairCorr |
| 0.52 | VTNR | Vertex Energy Buyout Trend | PairCorr |
The ability to find closely correlated positions to CVR Energy 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 Energy 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 Energy - 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 Energy to buy it.
The correlation of CVR Energy 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 Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CVR Energy 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 Energy 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 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 tightly coupled 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 File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
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When running CVR Energy's price analysis, check to measure CVR Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CVR Energy is operating at the current time. Most of CVR Energy's value examination focuses on studying past and present price action to predict the probability of CVR Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CVR Energy's price. Additionally, you may evaluate how the addition of CVR Energy to your portfolios can decrease your overall portfolio volatility.
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Is CVR Energy's industry 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 (0.19) | Dividend Share 2 | Earnings Share 7.65 | Revenue Per Share 92.01 | Quarterly Revenue Growth (0.18) |
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.