Chemours Co (CC)
Financial leverage 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| Total stockholders’ equity | US$ in thousands | 604,000 | 657,000 | 723,000 | 752,000 | 737,000 | 755,000 | 808,000 | 1,227,000 | 1,107,000 | 1,284,000 | 1,214,000 | 1,166,000 | 1,081,000 | 998,000 | 898,000 | 850,000 | 813,000 | 732,000 | 657,000 | 655,000 |
| Financial leverage ratio | 12.44 | 11.36 | 10.03 | 10.61 | 11.20 | 10.53 | 9.48 | 6.21 | 6.90 | 6.03 | 6.37 | 6.45 | 6.98 | 7.55 | 8.33 | 8.44 | 8.71 | 9.49 | 10.71 | 10.61 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $7,515,000K ÷ $604,000K
= 12.44
The financial leverage ratio of Chemours Co has been fluctuating over the past few years, indicating changes in the company's debt levels relative to its equity. The ratio decreased from 10.61 as of March 31, 2020, to 6.37 as of June 30, 2022, suggesting a reduction in financial risk and reliance on debt financing. However, the ratio started increasing again, reaching 12.44 as of December 31, 2024, which implies higher debt compared to equity in the company's capital structure. This upward trend in the ratio raises concerns about the company's ability to manage its debt obligations effectively. Investors and creditors may monitor these changes closely to assess the company's financial health and risk profile.
Peer comparison
Dec 31, 2024