CVR Energy (FRA:FL9) Debt-to-Equity : 1.82 (As of Mar. 2024)

View and export this data going back to 2007. Start your Free Trial

What is CVR Energy Debt-to-Equity?

CVR Energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €21 Mil. CVR Energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €1,451 Mil. CVR Energy's Total Stockholders Equity for the quarter that ended in Mar. 2024 was €809 Mil. CVR Energy's debt to equity for the quarter that ended in Mar. 2024 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 Energy's Debt-to-Equity or its related term are showing as below:

FRA:FL9' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.51 Med: 1.37 Max: 3.53
Current: 1.82

During the past 13 years, the highest Debt-to-Equity Ratio of CVR Energy was 3.53. The lowest was 0.51. And the median was 1.37.

FRA:FL9's Debt-to-Equity is ranked worse than
88.01% of 834 companies
in the Oil & Gas industry
Industry Median: 0.44 vs FRA:FL9: 1.82

CVR Energy Debt-to-Equity Historical Data

The historical data trend for CVR Energy'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 Energy Debt-to-Equity Chart

CVR Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.87

1.67

3.03

3.02

2.60

CVR Energy Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															2.38	2.13	1.68	2.60	1.82

Competitive Comparison of CVR Energy's Debt-to-Equity

For the Oil & Gas Refining & Marketing subindustry, CVR Energy'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 Energy's Debt-to-Equity Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, CVR Energy's Debt-to-Equity distribution charts can be found below:

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

CVR Energy Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(568.54	+	1447.943)	/	776.699
	=	2.60

CVR Energy's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(21.16	+	1450.84)	/	808.68
	=	1.82

CVR Energy (FRA:FL9) 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 Energy Debt-to-Equity Related Terms

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

CVR Energy (FRA:FL9) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » CVR Energy Inc (FRA:FL9) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

CVI:USA FL9:Germany

Address

2277 Plaza Drive, Suite 500, Sugar Land, TX, USA, 77479

Website

https://www.cvrenergy.com

CVR Energy Inc is a holding company that engages in petroleum refining and nitrogen fertilizer manufacturing through its holdings in CVR Refining LP and CVR Partners, LP. CVR Refining LP includes several complex full coking crude oil refineries, along with a crude oil gathering system, pipelines and storage tanks, and marketing and supply. The company's refineries can process blends of a variety of crude oil ranging from heavy sour to light sweet crude oil. Crude oil for CVR's refineries is supplied through its wholly-owned gathering system and pipeline. From its refineries, CVR supplies product through tanker trucks directly to customers located in close geographic proximity and customers at throughput terminals. The company's customers include retailers, railroads, and farm cooperatives.

CVR Energy (FRA:FL9) Headlines

No Headlines