Chemours Balance Sheet Analysis From 2010 to 2024

CC Stock  USD 26.62  0.25  0.95%   
Most indicators from Chemours' financial ratios are interrelated and interconnected. However, analyzing financial ratios indicators one by one will only give a small insight into Chemours current financial condition. On the other hand, looking into the entire matrix of financial ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Chemours Valuation and Chemours Correlation analysis.
  
At present, Chemours' Enterprise Value Multiple is projected to increase significantly based on the last few years of reporting.
Most indicators from Chemours' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Chemours current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Chemours Valuation and Chemours Correlation analysis.
At present, Chemours' Enterprise Value Multiple is projected to increase significantly based on the last few years of reporting.
 2021 2022 2023 2024 (projected)
Gross Profit1.4B1.6B1.3B1.2B
Total Revenue6.3B6.8B6.0B5.1B

Chemours fundamental ratios Correlations

-0.67-0.75-0.640.36-0.63-0.71-0.05-0.44-0.79-0.21-0.6-0.410.850.73-0.46-0.680.370.68-0.51-0.69-0.520.260.61-0.70.37
-0.670.790.83-0.710.860.76-0.080.680.860.370.870.84-0.5-0.910.860.63-0.02-0.920.90.720.95-0.72-0.640.76-0.72
-0.750.790.85-0.730.790.510.140.470.620.320.760.74-0.5-0.840.750.39-0.23-0.840.80.560.79-0.67-0.70.56-0.74
-0.640.830.85-0.590.840.430.270.690.580.40.920.64-0.39-0.890.660.63-0.13-0.740.750.790.86-0.55-0.680.52-0.57
0.36-0.71-0.73-0.59-0.82-0.47-0.11-0.23-0.54-0.35-0.67-0.970.270.71-0.96-0.08-0.250.88-0.95-0.33-0.720.910.47-0.460.99
-0.630.860.790.84-0.820.580.140.550.720.50.90.85-0.42-0.890.870.580.1-0.890.910.710.84-0.73-0.610.62-0.8
-0.710.760.510.43-0.470.58-0.220.310.970.020.470.6-0.69-0.590.640.510.05-0.710.630.460.53-0.36-0.530.96-0.51
-0.05-0.080.140.27-0.110.14-0.220.13-0.120.460.26-0.02-0.01-0.13-0.010.050.10.00.030.15-0.04-0.09-0.19-0.27-0.11
-0.440.680.470.69-0.230.550.310.130.480.670.70.37-0.09-0.690.390.790.06-0.50.460.730.71-0.41-0.50.33-0.25
-0.790.860.620.58-0.540.720.97-0.120.480.240.650.67-0.71-0.740.710.640.03-0.80.720.620.66-0.48-0.630.92-0.58
-0.210.370.320.4-0.350.50.020.460.670.240.60.360.01-0.490.360.460.26-0.390.380.470.4-0.54-0.41-0.08-0.36
-0.60.870.760.92-0.670.90.470.260.70.650.60.74-0.44-0.930.760.65-0.04-0.820.820.840.88-0.7-0.660.48-0.65
-0.410.840.740.64-0.970.850.6-0.020.370.670.360.74-0.33-0.781.00.220.22-0.940.990.420.83-0.92-0.50.58-0.97
0.85-0.5-0.5-0.390.27-0.42-0.69-0.01-0.09-0.710.01-0.44-0.330.56-0.37-0.460.40.57-0.39-0.55-0.310.160.39-0.590.27
0.73-0.91-0.84-0.890.71-0.89-0.59-0.13-0.69-0.74-0.49-0.93-0.780.56-0.81-0.620.130.91-0.86-0.87-0.90.730.68-0.590.71
-0.460.860.750.66-0.960.870.64-0.010.390.710.360.761.0-0.37-0.810.270.21-0.950.990.470.84-0.91-0.520.62-0.96
-0.680.630.390.63-0.080.580.510.050.790.640.460.650.22-0.46-0.620.27-0.12-0.450.340.790.54-0.12-0.370.52-0.08
0.37-0.02-0.23-0.13-0.250.10.050.10.060.030.26-0.040.220.40.130.21-0.12-0.020.16-0.21-0.05-0.16-0.110.01-0.27
0.68-0.92-0.84-0.740.88-0.89-0.710.0-0.5-0.8-0.39-0.82-0.940.570.91-0.95-0.45-0.02-0.96-0.62-0.870.840.57-0.670.88
-0.510.90.80.75-0.950.910.630.030.460.720.380.820.99-0.39-0.860.990.340.16-0.960.540.88-0.89-0.570.63-0.94
-0.690.720.560.79-0.330.710.460.150.730.620.470.840.42-0.55-0.870.470.79-0.21-0.620.540.68-0.38-0.610.47-0.31
-0.520.950.790.86-0.720.840.53-0.040.710.660.40.880.83-0.31-0.90.840.54-0.05-0.870.880.68-0.77-0.570.57-0.71
0.26-0.72-0.67-0.550.91-0.73-0.36-0.09-0.41-0.48-0.54-0.7-0.920.160.73-0.91-0.12-0.160.84-0.89-0.38-0.770.41-0.320.92
0.61-0.64-0.7-0.680.47-0.61-0.53-0.19-0.5-0.63-0.41-0.66-0.50.390.68-0.52-0.37-0.110.57-0.57-0.61-0.570.41-0.550.5
-0.70.760.560.52-0.460.620.96-0.270.330.92-0.080.480.58-0.59-0.590.620.520.01-0.670.630.470.57-0.32-0.55-0.49
0.37-0.72-0.74-0.570.99-0.8-0.51-0.11-0.25-0.58-0.36-0.65-0.970.270.71-0.96-0.08-0.270.88-0.94-0.31-0.710.920.5-0.49
Click cells to compare fundamentals

Chemours Account Relationship Matchups

Chemours fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets7.3B7.1B7.6B7.6B8.3B7.5B
Other Current Liab477M537M668M554M1.2B1.3B
Other Liab751M626M707M854M982.1M711.9M
Accounts Payable923M820M1.2B1.3B1.1B1.1B
Other Assets292M405M547M725M833.8M424.1M
Long Term Debt4.0B4.0B3.7B3.6B4.0B3.2B
Net Receivables674M511M720M626M610M602.4M
Inventory1.1B939M1.1B1.4B1.4B1.2B
Other Current Assets81M78M75M82M66M64.8M
Total Liab6.6B6.3B6.5B6.5B7.5B6.0B
Total Current Assets2.8B2.6B3.3B3.2B3.8B3.0B
Short Term Debt13M134M78M25M106M86.1M
Intangible Assets28M21M14M6M3M2.9M
Net Tangible Assets515M646M973M992M892.8M710.5M
Retained Earnings1.2B1.3B1.7B2.2B1.8B1.1B
Cash943M1.1B1.5B1.1B1.8B1.2B
Short Long Term Debt13M134M21M25M51M41.5M
Net Debt3.5B3.2B2.5B2.7B2.5B2.3B
Long Term Debt Total4.0B4.0B3.7B3.6B3.2B3.1B
Capital Surpluse859M890M944M1.0B1.2B958.4M

Pair Trading with Chemours

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Chemours position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Chemours will appreciate offsetting losses from the drop in the long position's value.

Moving against Chemours Stock

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The ability to find closely correlated positions to Chemours could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Chemours when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Chemours - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Chemours Co to buy it.
The correlation of Chemours is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Chemours moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Chemours moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Chemours can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Chemours offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Chemours' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Chemours Co Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Chemours Co Stock:
Check out Chemours Valuation and Chemours Correlation analysis.
Note that the Chemours information on this page should be used as a complementary analysis to other Chemours' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

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When running Chemours' price analysis, check to measure Chemours' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Chemours is operating at the current time. Most of Chemours' value examination focuses on studying past and present price action to predict the probability of Chemours' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chemours' price. Additionally, you may evaluate how the addition of Chemours to your portfolios can decrease your overall portfolio volatility.
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Is Chemours' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Chemours. If investors know Chemours will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Chemours listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.91)
Dividend Share
1
Earnings Share
(1.60)
Revenue Per Share
40.473
Quarterly Revenue Growth
0.017
The market value of Chemours is measured differently than its book value, which is the value of Chemours that is recorded on the company's balance sheet. Investors also form their own opinion of Chemours' value that differs from its market value or its book value, called intrinsic value, which is Chemours' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Chemours' market value can be influenced by many factors that don't directly affect Chemours' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Chemours' value and its price as these two are different measures arrived at by different means. Investors typically determine if Chemours is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Chemours' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.