Chemours Balance Sheet Health
Financial Health criteria checks 2/6
Chemours has a total shareholder equity of $739.0M and total debt of $4.0B, which brings its debt-to-equity ratio to 538.6%. Its total assets and total liabilities are $8.3B and $7.5B respectively. Chemours's EBIT is $673.0M making its interest coverage ratio 3.2. It has cash and short-term investments of $1.2B.
Key information
538.6%
Debt to equity ratio
US$3.98b
Debt
Interest coverage ratio | 3.2x |
Cash | US$1.20b |
Equity | US$739.00m |
Total liabilities | US$7.51b |
Total assets | US$8.25b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CC *'s short term assets ($3.8B) exceed its short term liabilities ($2.5B).
Long Term Liabilities: CC *'s short term assets ($3.8B) do not cover its long term liabilities ($5.0B).
Debt to Equity History and Analysis
Debt Level: CC *'s net debt to equity ratio (375.8%) is considered high.
Reducing Debt: CC *'s debt to equity ratio has increased from 389.2% to 538.6% over the past 5 years.
Debt Coverage: CC *'s debt is not well covered by operating cash flow (14%).
Interest Coverage: CC *'s interest payments on its debt are well covered by EBIT (3.2x coverage).