Chemours Co (CC)
Debt-to-equity 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-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $604,000K
= 0.00
The debt-to-equity ratio of Chemours Co has consistently been at 0.00 for the years ending in December 31, 2020, 2021, 2022, 2023, and 2024. This indicates that the company has had no debt in relation to its equity during these years. A debt-to-equity ratio of 0.00 suggests that Chemours Co has been relying solely on equity financing rather than taking on debt to fund its operations and investments. This may signify a conservative approach to capital structure management, as the absence of debt can imply lower financial risk and interest expenses. Additionally, a low debt-to-equity ratio may enhance the company's financial stability and flexibility in managing economic uncertainties and pursuing growth opportunities.
Peer comparison
Dec 31, 2024