Chemours Co (CC)
Debt-to-assets ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | US$ in thousands | 7,515,000 | 7,463,000 | 7,249,000 | 7,978,000 | 8,251,000 | 7,948,000 | 7,660,000 | 7,624,000 | 7,640,000 | 7,745,000 | 7,730,000 | 7,524,000 | 7,550,000 | 7,530,000 | 7,479,000 | 7,170,000 | 7,082,000 | 6,948,000 | 7,034,000 | 6,948,000 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 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 for Chemours Co has consistently remained at 0.00 across multiple reporting periods from March 31, 2020, through December 31, 2024. A debt-to-assets ratio of 0.00 indicates that the company has no debt relative to its total assets during the specified periods. This implies that the company's assets are fully financed by equity or other sources of financing that are not classified as debt. A debt-to-assets ratio of 0.00 is generally considered favorable as it signifies low financial risk and indicates a strong financial position with no leveraging through debt. However, it is also crucial to consider other factors such as the cost of capital and potential growth opportunities to fully assess the company's financial health and efficiency in capital structure management.
Peer comparison
Dec 31, 2024