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 524.8%. Its total assets and total liabilities are $8.0B and $7.2B respectively. Chemours's EBIT is $570.0M making its interest coverage ratio 2.5. It has cash and short-term investments of $746.0M.
Key information
524.8%
Debt to equity ratio
US$3.96b
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
Chemours (NYSE:CC) Takes On Some Risk With Its Use Of Debt
Jul 18Is Chemours (NYSE:CC) Using Too Much Debt?
Apr 06Recent updates
The Chemours Company's (NYSE:CC) Low P/S No Reason For Excitement
May 30Drama At The Chemours Company Opens The Door For Upside
Mar 29The Chemours Company (NYSE:CC) Not Doing Enough For Some Investors As Its Shares Slump 37%
Mar 01Chemours: The Case Amidst Board Trouble, I Say Buy The Weakness
Feb 29Chemours (NYSE:CC) Has Announced A Dividend Of $0.25
Feb 17Chemours: Technological Innovation Presents Excellent Opportunities For Growth
Dec 23Chemours (NYSE:CC) Will Pay A Dividend Of $0.25
Oct 30The Chemours Company (NYSE:CC) Shares Could Be 21% Above Their Intrinsic Value Estimate
Oct 28Chemours: Volatile Bottom Line Needs Consistency
Oct 06The Chemours Company: Portfolio Optimization Resulting In Compounding Growth
Sep 19Chemours (NYSE:CC) Takes On Some Risk With Its Use Of Debt
Jul 18Is There An Opportunity With The Chemours Company's (NYSE:CC) 48% Undervaluation?
Jul 03The Chemours Company: On A Nice Run
Jul 03Is The Chemours Company (NYSE:CC) Potentially Undervalued?
May 15Is Chemours (NYSE:CC) Using Too Much Debt?
Apr 06Financial Position Analysis
Short Term Liabilities: CC's short term assets ($3.6B) exceed its short term liabilities ($2.2B).
Long Term Liabilities: CC's short term assets ($3.6B) do not cover its long term liabilities ($5.0B).
Debt to Equity History and Analysis
Debt Level: CC's net debt to equity ratio (425.9%) is considered high.
Reducing Debt: CC's debt to equity ratio has increased from 487.3% to 524.8% over the past 5 years.
Debt Coverage: CC's debt is not well covered by operating cash flow (9.9%).
Interest Coverage: CC's interest payments on its debt are not well covered by EBIT (2.5x coverage).