CVR Partners Balance Sheet Health
Financial Health criteria checks 2/6
CVR Partners has a total shareholder equity of $287.4M and total debt of $547.7M, which brings its debt-to-equity ratio to 190.6%. Its total assets and total liabilities are $986.6M and $699.3M respectively. CVR Partners's EBIT is $82.7M making its interest coverage ratio 2.8. It has cash and short-term investments of $110.5M.
Key information
190.6%
Debt to equity ratio
US$547.71m
Debt
| Interest coverage ratio | 2.8x |
| Cash | US$110.54m |
| Equity | US$287.35m |
| Total liabilities | US$699.27m |
| Total assets | US$986.63m |
Recent financial health updates
No updates
Recent updates
CVR Partners: Patience Is Required (Rating Downgrade)
Oct 30CVR Partners: Special Situation
Oct 15CVR Partners: Focus Less On A Takeover, More On The Near 10% Distribution
Jul 31The Market Is Not Pricing CVR Partners Like A Cyclical Company
Jul 25CVR Partners: The Chances Of A Near-Term Sale Are Increasing
May 12CVR Partners: Q1 Distribution Outlook And Potential Buyout
Apr 24CVR Partners: Is This Huge Yield A Buy?
Apr 10CVR Partners Likely To Be Bought: What Is Its Real Value?
Mar 19CVR Partners: Looking For A Higher Distribution In Q1
Feb 23CVR Partners, LP: Lower Ammonia Prices Creates Better Buying Opportunity
Jan 22CVR Partners: Where The 2024 Distribution Could Be Headed
Dec 05CVR Partners Is An Agriculture Gem With >20% Income Potential
Nov 22CVR Partners Became A 'Buy' Again
Oct 31CVR Partners: An Excellent Dividend But It Is Worth Waiting
Oct 23CVR Partners: Upgrading To 'Buy' As Nitrogen Fertilizer Prices Bottom
Sep 30CVR Partners: 33% Dividend Yield, Breakout Appears Imminent
Sep 14CVR Partners: Lower Distributions, But Undervalued Compared To Its Peers (Rating Downgrade)
Aug 29CVR Partners: Likely A Yield Trap
Aug 04CVR Partners: Looking More Attractively Priced Ahead Of Earnings
Jul 25CVR Partners: A Distribution Yield Of Between 29% And 35%
Jun 17CVR Partners: Natural Gas Is The Key
Jan 30Turbocharge Your Income Portfolio With CVR Partners
Dec 27CVR Partners GAAP EPS of -$1.87, revenue of $156.48M
Oct 31CVR Partners 3rd Quarter Preview
Oct 19CVR Partners: Everyone Gets That It's Cheap, The Problem Is Holding
Oct 10CVR Partners Looks Like A Possible Double In 2023
Sep 29CVR Partners: This Is About To Turn Higher, Much Higher, +20% Dividend
Sep 05CVR Partners: Q3 2022 Financial Outlook Is Promising
Aug 20CVR Partners: The Business Fundamentals Are Very Constructive In The Next 12 Months
Aug 05CVR Partners: Sell At The Upcoming Pop - Avoid The Tragic Plunge
Jul 29CVR Partners: Double Down With Their Fundamentals Up, Unit Price Down
Jul 04CVR Partners: Don't Give Up, Natural Gas Prices Could Provide Tailwind
Jun 27Buy CVR Partners Stock Until The Dust Settles
Jun 01CVR Partners: Global Food Shortages, Anyone For Fertilizer?
May 26CVR Partners: Q1 Results, Cash Distribution Is Less Than Expected
May 03CVR Partners: 16% Yield And Still Much More Upside
Apr 25CVR Partners: Forget Oil, Fertilizer Is The True 'Inflation Trade' Today
Mar 14CVR Partners: Potential Unit Price Doubling And A 40+% Forward DCF Yield
Feb 24CVR Partners: The Perfect Storm, Massive Earnings Are Imminent
Jan 03CVR Partners: Even Higher Distributions Are Coming, But I'm Not A Supporter
Dec 27CVR Partners: Even After Strong Rally, 2022 Tailwinds Persist
Oct 15Financial Position Analysis
Short Term Liabilities: UAN's short term assets ($226.6M) exceed its short term liabilities ($105.2M).
Long Term Liabilities: UAN's short term assets ($226.6M) do not cover its long term liabilities ($594.1M).
Debt to Equity History and Analysis
Debt Level: UAN's net debt to equity ratio (152.1%) is considered high.
Reducing Debt: UAN's debt to equity ratio has increased from 139.6% to 190.6% over the past 5 years.
Debt Coverage: UAN's debt is well covered by operating cash flow (21.9%).
Interest Coverage: UAN's interest payments on its debt are not well covered by EBIT (2.8x coverage).