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CVR Partners LP (FRA:3CV) Equity-to-Asset : 0.31 (As of Dec. 2023)


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What is CVR Partners LP Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. CVR Partners LP's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €277.7 Mil. CVR Partners LP's Total Assets for the quarter that ended in Dec. 2023 was €894.4 Mil. Therefore, CVR Partners LP's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.31.

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

FRA:3CV' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.3   Med: 0.39   Max: 0.72
Current: 0.31

During the past 13 years, the highest Equity to Asset Ratio of CVR Partners LP was 0.72. The lowest was 0.30. And the median was 0.39.

FRA:3CV's Equity-to-Asset is ranked worse than
81.67% of 251 companies
in the Agriculture industry
Industry Median: 0.53 vs FRA:3CV: 0.31

CVR Partners LP Equity-to-Asset Historical Data

The historical data trend for CVR Partners LP's Equity-to-Asset 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 Equity-to-Asset Chart

CVR Partners LP Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.37 0.30 0.30 0.37 0.31

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
Equity-to-Asset 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 0.37 0.36 0.35 0.30 0.31

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

For the Agricultural Inputs subindustry, CVR Partners LP's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Equity-to-Asset Distribution in the Agriculture Industry

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

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



CVR Partners LP Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

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

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=277.741/894.379
=0.31

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

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=277.741/894.379
=0.31

* 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  (FRA:3CV) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


CVR Partners LP Equity-to-Asset Related Terms

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


CVR Partners LP (FRA:3CV) Business Description

Traded in Other Exchanges
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.

CVR Partners LP (FRA:3CV) Headlines

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