CVR Energy Inc (CVI)
Debt-to-capital ratio
| Dec 31, 2024 | Sep 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | 1,500,000 | 1,500,000 | 1,500,000 | 2,100,000 | — | — | — | 1,400,000 | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 703,000 | 675,000 | 879,000 | 847,000 | 957,000 | 755,000 | 675,000 | 531,000 | 560,000 | 769,000 | 644,000 | 553,000 | 567,000 | 483,000 | 981,000 | 1,019,000 | 1,084,000 | 1,180,000 | 1,225,000 | 1,393,000 |
| Debt-to-capital ratio | 0.68 | 0.69 | 0.63 | 0.71 | 0.00 | 0.00 | 0.00 | 0.73 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $1,500,000K ÷ ($1,500,000K + $703,000K)
= 0.68
The debt-to-capital ratio of CVR Energy Inc has shown a consistent pattern of maintaining low levels from December 2019 to June 2022, with the ratio staying at 0.00 during this period. However, starting from December 2022, there has been a noticeable increase in the debt-to-capital ratio, reaching 0.73 by the end of that year.
Subsequently, the ratio declined slightly to 0.71 by December 2023 before experiencing fluctuations in the following periods. As of December 2024, the debt-to-capital ratio stands at 0.68, indicating that the company's debt relative to its capital has remained relatively stable compared to the peak in December 2022. It is important for stakeholders to monitor this ratio to assess CVR Energy's leverage and financial risk levels.
Peer comparison
Dec 31, 2024