Chemours Co (CC)

Debt-to-assets ratio

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Long-term debt US$ in thousands — — — — —
Total assets US$ in thousands 7,515,000 8,251,000 7,640,000 7,550,000 7,082,000
Debt-to-assets ratio 0.00 0.00 0.00 0.00 0.00

December 31, 2024 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $7,515,000K
= 0.00

The debt-to-assets ratio of Chemours Co has remained stable at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not used debt to finance its assets during this period. A debt-to-assets ratio of 0.00 suggests that the company relies entirely on equity financing for its assets, which can be a positive sign as it indicates a lower financial risk and a strong financial position. However, it is essential to consider other financial metrics and factors to provide a comprehensive analysis of Chemours Co's overall financial health and performance.