Chemours Balance Sheet Health
Financial Health criteria checks 1/6
Chemours has a total shareholder equity of $754.0M and total debt of $4.0B, which brings its debt-to-equity ratio to 531.7%. Its total assets and total liabilities are $8.0B and $7.2B respectively. Chemours's EBIT is $571.0M making its interest coverage ratio 2.5. It has cash and short-term investments of $746.0M.
Key information
531.7%
Debt to equity ratio
US$4.01b
Debt
Interest coverage ratio | 2.5x |
Cash | US$746.00m |
Equity | US$754.00m |
Total liabilities | US$7.22b |
Total assets | US$7.98b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0HWG's short term assets ($3.6B) exceed its short term liabilities ($2.2B).
Long Term Liabilities: 0HWG's short term assets ($3.6B) do not cover its long term liabilities ($5.0B).
Debt to Equity History and Analysis
Debt Level: 0HWG's net debt to equity ratio (432.8%) is considered high.
Reducing Debt: 0HWG's debt to equity ratio has increased from 487.3% to 531.7% over the past 5 years.
Debt Coverage: 0HWG's debt is not well covered by operating cash flow (9.7%).
Interest Coverage: 0HWG's interest payments on its debt are not well covered by EBIT (2.5x coverage).