The Chemours Co (The Chemours Co) Debt-to-Equity

: 5.83 (As of Dec. 2023)

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The Chemours Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $106 Mil. The Chemours Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $4,193 Mil. The Chemours Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $737 Mil. The Chemours Co's debt to equity for the quarter that ended in Dec. 2023 was 5.83.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for The Chemours Co's Debt-to-Equity or its related term are showing as below:

CC' s Debt-to-Equity Range Over the Past 10 Years
Min: 3.51 Med: 5.26 Max: 35.44
Current: 5.83

During the past 13 years, the highest Debt-to-Equity Ratio of The Chemours Co was 35.44. The lowest was 3.51. And the median was 5.26.

CC's Debt-to-Equity is ranked worse than
99.21% of 1393 companies
in the Chemicals industry
Industry Median: 0.35 vs CC: 5.83

The Chemours Co Debt-to-Equity Historical Data

The historical data trend for The Chemours Co's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

The Chemours Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

6.49

5.26

3.69

3.51

5.83

The Chemours Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity																3.51	3.15	4.80	5.60	5.83

Competitive Comparison

For the Specialty Chemicals subindustry, The Chemours Co's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

The Chemours Co Debt-to-Equity Distribution

For the Chemicals industry and Basic Materials sector, The Chemours Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where The Chemours Co's Debt-to-Equity falls into.

The Chemours Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

The Chemours Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(106	+	4193)	/	737
	=	5.83

The Chemours Co's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(106	+	4193)	/	737
	=	5.83

The Chemours Co (NYSE:CC) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

The Chemours Co Debt-to-Equity Related Terms

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The Chemours Co (The Chemours Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » The Chemours Co (NYSE:CC) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

CC:Mexico 2CU:Germany 2CU:Germany

Address

1007 Market Street, Wilmington, DE, USA, 19801

Website

https://www.chemours.com

The Chemours Co is a global provider of chemicals. It delivers customized solutions with a wide range of industrial and specialty chemicals products for various markets including coatings, plastics, refrigeration, air conditioning, etc. The company's operating segments include Titanium Technologies, Thermal & Specialized Solutions, and Advanced Performance Materials. It generates maximum revenue from the Titanium Technologies segment. The Titanium Technologies segment is a producer of TiO2 pigment, a premium white pigment used to deliver whiteness, brightness, opacity, durability, efficiency, and protection across a variety of applications. Geographically, it derives a majority of its revenue from North America.

Executives

Ron Christopher Charles	officer: Senior Vice President, People	C/O THE CHEMOURS COMPANY, 1007 MARKET STREET, WILMINGTON DE 19801
Sandra Phillips Rogers	director	1000 CRANBERRY WOODS DRIVE, CRANBERRY TOWNSHIP PA 16066
Erin N Kane	director	300 KIMBALL DRIVE, SUITE 101, PARSIPPANY NJ 07054
Joseph T. Martinko	officer: President, Thermal & Specializ	C/O THE CHEMOURS COMPANY, 1007 MARKET STREET, WILMINGTON DE 19801
Mark Newman	officer: Senior Vice President and CFO	1011 WARRENVILLE ROAD, SUITE 600, LISLE IL 60532
Alvenia Scarborough	officer: SVP Corp Communications & CBO	C/O THE CHEMOURS COMPANY, 1007 MARKET STREET, WILMINGTON DE 19801
Matthew S Abbott	officer: SVP, Chief Enterprise Transfor	C/O THE CHEMOURS COMPANY, 1007 MARKET STREET, WILMINGTON DE 19801
Guillaume Pepy	director	C/O THE CHEMOURS COMPANY, 1007 MARKET STREET, WILMINGTON DE 19801
Sean D Keohane	director	C/O CABOT CORPORATION, TWO SEAPORT LANE, SUITE 1300, BOSTON MA 02210
Calderon Gerardo Familiar	officer: Pres Advanced Performance Mat	C/O THE CHEMOURS COMPANY, 1007 MARKET STREET, WILMINGTON DE 19801
Alisha Bellezza	officer: President, Thermal Spec Solns	C/O THE CHEMOURS COMPANY, 1007 MARKET STREET, WILMINGTON DE 19801
Camela Wisel	officer: VP, CAO & Controller	C/O THE CHEMOURS COMPANY, 1007 MARKET STREET, WILMINGTON DE 19801
Sameer Ralhan	officer: SVP, CFO	C/O THE CHEMOURS COMPANY, 1007 MARKET STREET, WILMINGTON DE 19899
Jonathan Lock	officer: SVP, Chief Development Officer	C/O THE CHEMOURS COMPANY, 1007 MARKET STREET, WILMINGTON DE 19801
Susan M. Kelliher	officer: SVP, People and Health Service	ALBEMARLE CORPORATION, 451 FLORIDA STREET, BATON ROUGE LA 70801