CVR Energy Balance Sheet Health
Financial Health criteria checks 4/6
CVR Energy has a total shareholder equity of $1.0B and total debt of $2.1B, which brings its debt-to-equity ratio to 206.3%. Its total assets and total liabilities are $4.7B and $3.7B respectively. CVR Energy's EBIT is $1.1B making its interest coverage ratio 21.6. It has cash and short-term investments of $581.0M.
Key information
206.3%
Debt to equity ratio
US$2.14b
Debt
Interest coverage ratio | 21.6x |
Cash | US$581.00m |
Equity | US$1.04b |
Total liabilities | US$3.67b |
Total assets | US$4.71b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FL9's short term assets ($2.2B) exceed its short term liabilities ($1.7B).
Long Term Liabilities: FL9's short term assets ($2.2B) exceed its long term liabilities ($2.0B).
Debt to Equity History and Analysis
Debt Level: FL9's net debt to equity ratio (150.3%) is considered high.
Reducing Debt: FL9's debt to equity ratio has increased from 58% to 206.3% over the past 5 years.
Debt Coverage: FL9's debt is well covered by operating cash flow (44.3%).
Interest Coverage: FL9's interest payments on its debt are well covered by EBIT (21.6x coverage).