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CVR Partners LP (CVR Partners LP) Debt-to-Equity : 1.82 (As of Dec. 2023)


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What is CVR Partners LP Debt-to-Equity?

CVR Partners LP's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $3.2 Mil. CVR Partners LP's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $547.3 Mil. CVR Partners LP's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $302.9 Mil. CVR Partners LP's debt to equity for the quarter that ended in Dec. 2023 was 1.82.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for CVR Partners LP's Debt-to-Equity or its related term are showing as below:

UAN' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.3   Med: 1.3   Max: 2.04
Current: 1.82

During the past 13 years, the highest Debt-to-Equity Ratio of CVR Partners LP was 2.04. The lowest was 0.30. And the median was 1.30.

UAN's Debt-to-Equity is ranked worse than
93.67% of 221 companies
in the Agriculture industry
Industry Median: 0.34 vs UAN: 1.82

CVR Partners LP Debt-to-Equity Historical Data

The historical data trend for CVR Partners LP's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

CVR Partners LP Debt-to-Equity Chart

CVR Partners LP Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.52 2.04 1.79 1.34 1.82

CVR Partners LP Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.34 1.37 1.56 1.78 1.82

Competitive Comparison of CVR Partners LP's Debt-to-Equity

For the Agricultural Inputs subindustry, CVR Partners LP's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


CVR Partners LP's Debt-to-Equity Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, CVR Partners LP's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where CVR Partners LP's Debt-to-Equity falls into.



CVR Partners LP Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

CVR Partners LP's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

CVR Partners LP's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


CVR Partners LP  (NYSE:UAN) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


CVR Partners LP Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of CVR Partners LP's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


CVR Partners LP (CVR Partners LP) Business Description

Traded in Other Exchanges
N/A
Address
2277 Plaza Drive, Suite 500, Sugar Land, TX, USA, 77479
CVR Partners LP is a manufacturer and supplier of nitrogen fertilizer products. Its principal products include Urea Ammonium Nitrate (UAN) and ammonia. The company market ammonia products to industrial and agricultural customers and UAN products to agricultural customers. The primary geographic markets for its fertilizer products are Kansas, Missouri, Nebraska, Iowa, Illinois, Colorado, and Texas. The company's product sales are heavily weighted toward UAN.
Executives
Jordan Bleznick director C/O ENZON PHANNACEUTICALS, INC., 120 COMMERCE DRIVE (SUITE 135), CRANFORD NJ 07016
Mark A Pytosh director C/O CVR PARTNERS, LP, 2277 PLAZA DRIVE, SUITE 500, SUGAR LAND TX 77479
Melissa M Buhrig officer: EVP, General Counsel & Sec. C/O CVR ENERGY, INC., 2277 PLAZA DRIVE, SUITE 500, SUGAR LAND TX 77479
Dane J. Neumann officer: Interim CFO, VP-Fin.&Treasurer 2277 PLAZA DRIVE, SUITE 500, SUGAR LAND TX 77479
Jeffrey D. Conaway officer: VP, CAO & Corp. Controller 2277 PLAZA DRIVE, SUITE 500, SUGAR LAND TX 77479
David Willetts director 16690 COLLINS AVENUE - PH-1, SUNNY ISLES BEACH FL 33160
Kapiljeet Dargan director 16690 COLLINS AVE., SUITE PH-1, SUNNY ISLES BEACH FL 33160
Patricia A. Agnello director C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
Donna R Ecton director C/O BODY CENTRAL CORP., 6225 POWERS AVENUE, JACKSONVILLE FL 32217
Hunter Clark Gary director C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
Matthew W. Bley officer: CAO and Corp. Controller 2277 PLAZA DRIVE, SUITE 500, SUGAR LAND TX 77479
Tracy Dawn Jackson officer: EVP and CFO 19100 RIDGEWOOD PARKWAY, SAN ANTONIO TX 78259
Janice T Develasco officer: VP-Env., Health, Safety & Sec. 2277 PLAZA DRIVE, SUITE 500, SUGAR LAND TX 77479
Blackstone Holdings I L.p. 10 percent owner C/O THE BLACKSTONE GROUP, 345 PARK AVENUE, NEW YORK NY 10154
Gso Cactus Credit Opportunities Fund Lp 10 percent owner 345 PARK AVENUE, 31ST FLOOR, NEW YORK NY 10154