CVR Total Current Liabilities vs Other Current Assets Analysis

UAN Stock  USD 80.30  0.53  0.66%   
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 Current Liabilities and its Other Current Assets 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 Current Liabilities vs Other Current Assets

Total Current Liabilities vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CVR Partners LP Total Current Liabilities account and Other Current Assets. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between CVR Partners' Total Current Liabilities and Other Current Assets is -0.6. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Other Current Assets 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 Current Liabilities and Other Current Assets 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 Current Liabilities of CVR Partners LP are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Total Current Liabilities i.e., CVR Partners' Total Current Liabilities and Other Current Assets go up and down completely randomly.

Correlation Coefficient

-0.6
Relationship DirectionNegative 
Relationship StrengthWeak

Total Current Liabilities

Total Current Liabilities is an item on CVR Partners balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of CVR Partners LP are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
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 10th of June 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 Expense61.0M34.1M28.7M32.7M
Depreciation And Amortization73.5M82.1M79.7M53.0M

CVR Partners fundamental ratios Correlations

0.840.62-0.220.930.60.90.33-0.290.930.28-0.290.420.910.910.78-0.2-0.220.920.790.060.70.320.60.92-0.94
0.840.86-0.360.810.790.840.64-0.290.820.47-0.290.80.880.850.79-0.35-0.360.890.850.150.540.590.370.8-0.88
0.620.86-0.30.580.960.640.740.00.630.730.00.850.690.690.68-0.6-0.30.760.790.240.470.690.160.58-0.67
-0.22-0.36-0.3-0.28-0.25-0.28-0.220.05-0.28-0.110.05-0.25-0.32-0.29-0.240.141.0-0.3-0.27-0.09-0.44-0.220.07-0.280.14
0.930.810.58-0.280.520.960.41-0.380.990.22-0.380.320.940.950.76-0.14-0.280.940.78-0.060.680.250.290.99-0.93
0.60.790.96-0.250.520.570.540.010.580.730.010.80.620.610.55-0.6-0.250.690.650.140.460.570.260.5-0.61
0.90.840.64-0.280.960.570.45-0.470.960.29-0.470.420.980.980.82-0.2-0.280.970.84-0.110.750.350.340.97-0.92
0.330.640.74-0.220.410.540.450.020.440.530.020.680.480.50.67-0.5-0.230.540.790.320.230.76-0.210.45-0.51
-0.29-0.290.00.05-0.380.01-0.470.02-0.350.151.0-0.18-0.38-0.3-0.35-0.120.05-0.27-0.230.65-0.46-0.03-0.27-0.390.42
0.930.820.63-0.280.990.580.960.44-0.350.32-0.350.360.940.950.76-0.23-0.280.950.8-0.090.680.290.290.98-0.93
0.280.470.73-0.110.220.730.290.530.150.320.150.590.310.340.23-0.93-0.110.420.53-0.140.250.640.110.22-0.28
-0.29-0.290.00.05-0.380.01-0.470.021.0-0.350.15-0.18-0.38-0.3-0.35-0.120.05-0.27-0.230.65-0.46-0.03-0.27-0.390.42
0.420.80.85-0.250.320.80.420.68-0.180.360.59-0.180.480.420.56-0.5-0.250.50.640.20.290.750.270.32-0.53
0.910.880.69-0.320.940.620.980.48-0.380.940.31-0.380.480.980.81-0.24-0.320.980.850.020.720.450.340.95-0.92
0.910.850.69-0.290.950.610.980.5-0.30.950.34-0.30.420.980.82-0.26-0.290.990.880.030.720.40.310.97-0.91
0.780.790.68-0.240.760.550.820.67-0.350.760.23-0.350.560.810.82-0.18-0.240.830.910.220.730.50.320.81-0.85
-0.2-0.35-0.60.14-0.14-0.6-0.2-0.5-0.12-0.23-0.93-0.12-0.5-0.24-0.26-0.180.14-0.32-0.480.17-0.27-0.74-0.1-0.170.24
-0.22-0.36-0.31.0-0.28-0.25-0.28-0.230.05-0.28-0.110.05-0.25-0.32-0.29-0.240.14-0.3-0.27-0.09-0.44-0.220.07-0.280.14
0.920.890.76-0.30.940.690.970.54-0.270.950.42-0.270.50.980.990.83-0.32-0.30.90.060.720.450.340.95-0.91
0.790.850.79-0.270.780.650.840.79-0.230.80.53-0.230.640.850.880.91-0.48-0.270.90.140.670.690.290.82-0.85
0.060.150.24-0.09-0.060.14-0.110.320.65-0.09-0.140.650.20.020.030.220.17-0.090.060.14-0.160.22-0.05-0.05-0.01
0.70.540.47-0.440.680.460.750.23-0.460.680.25-0.460.290.720.720.73-0.27-0.440.720.67-0.160.340.450.7-0.64
0.320.590.69-0.220.250.570.350.76-0.030.290.64-0.030.750.450.40.5-0.74-0.220.450.690.220.340.150.31-0.44
0.60.370.160.070.290.260.34-0.21-0.270.290.11-0.270.270.340.310.32-0.10.070.340.29-0.050.450.150.3-0.44
0.920.80.58-0.280.990.50.970.45-0.390.980.22-0.390.320.950.970.81-0.17-0.280.950.82-0.050.70.310.3-0.94
-0.94-0.88-0.670.14-0.93-0.61-0.92-0.510.42-0.93-0.280.42-0.53-0.92-0.91-0.850.240.14-0.91-0.85-0.01-0.64-0.44-0.44-0.94
Click cells to compare fundamentals

CVR Partners Account Relationship Matchups

CVR Partners fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.1B1.0B1.1B1.1B975.3M905.5M
Other Current Liab22.8M20.4M29.3M30.1M17.7M14.9M
Total Current Liabilities75.5M76.3M161.9M126.1M75.5M72.6M
Total Stockholder Equity419.5M314.2M342.2M286.8M302.9M287.7M
Property Plant And Equipment Net952.0M897.8M850.5M811.0M761.0M721.5M
Current Deferred Revenue28.1M30.8M88.0M47.5M15.8M25.2M
Net Debt598.9M608.9M498.1M463.4M502.0M300.5M
Accounts Payable21.1M19.5M41.5M45.5M38.8M26.4M
Cash37.0M30.6M112.5M86.3M45.3M55.8M
Non Current Assets Total1.0B914.7M1.0B834.7M809.5M776.1M
Non Currrent Assets Other14.4M16.8M164.1M23.7M27.0M19.3M
Cash And Short Term Investments37.0M30.6M112.5M86.3M45.3M55.8M
Net Receivables34.3M36.9M88.4M90.4M41.9M42.5M
Liabilities And Stockholders Equity1.1B1.0B1.1B688.6M975.3M684.0M
Non Current Liabilities Total642.9M642.3M610.6M562.5M597.0M383.5M
Inventory53.9M42.3M52.3M77.5M69.2M48.0M
Other Current Assets5.4M8.4M(140.6M)11.4M(45.3M)(43.0M)
Total Liab718.4M718.6M784.9M688.6M672.5M453.5M
Property Plant And Equipment Gross965.6M897.8M1.5B1.5B1.5B864.2M
Total Current Assets130.6M118.2M112.5M265.7M165.9M163.6M
Other Liab2.6M3.1M10.2M7.8M8.9M9.4M
Other Assets1.0M16.8M7.0M10.9M12.5M13.1M
Property Plant Equipment952.0M897.8M850.5M811.0M932.6M736.6M
Short Term Debt3.5M5.5M3.1M2.9M3.2M5.1M
Short Long Term Debt Total635.9M639.5M610.6M549.7M547.3M464.2M
Net Tangible Assets378.6M314.2M342.2M411.8M370.6M331.2M
Long Term Debt632.4M633.9M610.6M546.8M547.3M463.2M
Long Term Debt Total632.4M633.9M610.6M546.8M628.8M451.6M
Non Current Liabilities Other10.5M8.4M12.4M15.7M16.4M17.2M
Common Stock419.5M314.2M342.2M411.8M302.9M347.6M
Cash And Equivalents37.0M30.6M112.5M86.3M99.3M68.0M
Net Invested Capital1.1B950.4M952.8M411.8M850.2M745.3M
Net Working Capital55.1M41.9M100.4M139.6M90.4M88.2M

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Additional Information and Resources on Investing in CVR Stock

When determining whether CVR Partners LP offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of CVR Partners' 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 Partners Lp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cvr Partners Lp Stock:
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 Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
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
(0.88)
Dividend Share
9.29
Earnings Share
7.86
Revenue Per Share
55.145
Quarterly Revenue Growth
(0.44)
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.