CVR ENERGY INC
For the period ended Dec 31, 2024. Filed Feb 19, 2025.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Feb 19, 2025
CVI$39.10+2.5%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets as of
CONSOLIDATED BALANCE SHEETS
| December 31, | ||
|---|---|---|
| (in millions) | 2024 | 2023 |
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents (including $91 and $45, respectively, of consolidated variable interest entity (“VIE”)) | $987 | $581 |
| Reserved funds for debt payment | — | 598 |
| Accounts receivable, net (including $65 and $42, respectively, of VIE) | 295 | 286 |
| Inventories (including $76 and $69, respectively, of VIE) | 502 | 604 |
| Prepaid expenses (including $1 and $8, respectively, of VIE) | 16 | 59 |
| Other current assets (including $1 and $1, respectively, of VIE) | 24 | 51 |
| Total current assets | 1,824 | 2,179 |
| Property, plant, and equipment, net (including $736 and $761, respectively, of VIE) | 2,176 | 2,221 |
| Other long-term assets (including $50 and $48, respectively, of VIE) | 263 | 307 |
| Total assets | $4,263 | $4,707 |
| LIABILITIES AND EQUITY | ||
| Current liabilities: | ||
| Current portion of long-term debt and finance lease obligations (including $1 and $0, respectively, of VIE) | $12 | $606 |
| Accounts payable (including $37 and $39, respectively, of VIE) | 538 | 530 |
| Other current liabilities (including $74 and $37, respectively, of VIE) | 548 | 546 |
| Total current liabilities | 1,098 | 1,682 |
| Long-term liabilities: | ||
| Long-term debt and finance lease obligations, net of current portion (including $568 and $547, respectively, of VIE) | 1,907 | 1,579 |
| Deferred income taxes | 277 | 327 |
| Other long-term liabilities (including $46 and $50, respectively, of VIE) | 93 | 81 |
| Total long-term liabilities | 2,277 | 1,987 |
| Commitments and contingencies (See Note 14) | ||
| CVR Energy stockholders’ equity: | ||
| Common stock, $0.01 par value per share; 350,000,000 shares authorized; 100,629,209 and 100,629,209 shares issued as of December 31, 2024 and 2023, respectively | 1 | 1 |
| Additional paid-in-capital | 1,508 | 1,508 |
| Accumulated deficit | (804) | (660) |
| Treasury stock, 98,610 shares at cost | (2) | (2) |
| Total CVR stockholders’ equity | 703 | 847 |
| Noncontrolling interest | 185 | 191 |
| Total equity | 888 | 1,038 |
| Total liabilities and equity | $4,263 | $4,707 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.