Chemours Co (CC)
Debt-to-capital ratio
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Long-term debt | US$ in thousands | — | — | — | — | — |
Total stockholders’ equity | US$ in thousands | 604,000 | 737,000 | 1,107,000 | 1,081,000 | 813,000 |
Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $604,000K)
= 0.00
Based on the provided data, Chemours Co has consistently maintained a debt-to-capital ratio of 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized debt as a significant source of capital in relation to its total capital structure over the specified period. With a debt-to-capital ratio of 0.00, Chemours Co appears to have financed its operations more through equity or other non-debt sources. This low debt-to-capital ratio suggests that the company may have a strong financial position with lower financial risk associated with debt obligations.
Peer comparison
Dec 31, 2024