Balance Sheet The Chemours Company

Equities

CC

US1638511089

Diversified Chemicals

Market Closed - Nyse Other stock markets 04:00:02 2024-09-16 pm EDT			5-day change	1st Jan Change
18.04 ^USD	+0.50%		+3.26%	-42.80%

Sep. 10	Woodward Names Ron Charles Chief Human Resources Officer	MT
Sep. 09	Chemours Develops Refrigerant Retrofit Process for Vehicles to Shift to Opteon	MT

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Published financial data: THE CHEMOURS COMPANY

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2019	2020	2021	2022	2023
Revenues	5.53B	4.97B	6.34B	6.79B	6.03B
Total Revenues	5.53B	4.97B	6.34B	6.79B	6.03B
Cost of Goods Sold, Total	4.46B	3.9B	4.96B	5.18B	4.72B
Gross Profit	1.06B	1.07B	1.38B	1.62B	1.31B
Selling General & Admin Expenses, Total	536M	497M	558M	705M	526M
R&D Expenses	80M	93M	107M	118M	108M
Other Operating Expenses	-	1M	1M	-	-1M
Other Operating Expenses, Total	616M	591M	666M	823M	633M
Operating Income	447M	476M	715M	793M	673M
Interest Expense, Total	-208M	-210M	-185M	-163M	-208M
Net Interest Expenses	-208M	-210M	-185M	-163M	-208M
Income (Loss) On Equity Invest.	29M	23M	43M	55M	45M
Currency Exchange Gains (Loss)	-2M	-26M	3M	-15M	-38M
Other Non Operating Income (Expenses)	67M	38M	36M	59M	19M
EBT, Excl. Unusual Items	333M	301M	612M	729M	491M
Restructuring Charges	-87M	-32M	-12M	-16M	-154M
Impairment of Goodwill	-	-	-	-	-
Gain (Loss) On Sale Of Assets	10M	8M	115M	21M	110M
Asset Writedown	-	-10M	-	-	-
Legal Settlements	-	-66M	-25M	-	-764M
Other Unusual Items	-380M	-22M	-14M	7M	-1M
EBT, Incl. Unusual Items	-124M	179M	676M	741M	-318M
Income Tax Expense	-72M	-40M	68M	163M	-81M
Earnings From Continuing Operations	-52M	219M	608M	578M	-237M
Net Income to Company	-52M	219M	608M	578M	-237M
Minority Interest	-	-	-	-	-1M
Net Income - (IS)	-52M	219M	608M	578M	-238M
Net Income to Common Incl Extra Items	-52M	219M	608M	578M	-238M
Net Income to Common Excl. Extra Items	-52M	219M	608M	578M	-238M
Per Share Items
Net EPS - Basic	-0.32	1.33	3.69	3.72	-1.6
Basic EPS - Continuing Operations	-0.32	1.33	3.69	3.72	-1.6
Basic Weighted Average Shares Outstanding	165M	165M	165M	155M	149M
Net EPS - Diluted	-0.32	1.32	3.6	3.65	-1.6
Diluted EPS - Continuing Operations	-0.32	1.32	3.6	3.65	-1.6
Diluted Weighted Average Shares Outstanding	165M	166M	169M	158M	149M
Normalized Basic EPS	1.26	1.14	2.32	2.93	2.05
Normalized Diluted EPS	1.26	1.13	2.27	2.88	2.05
Dividend Per Share	1	1	1	1	1
Payout Ratio	-315.38	74.89	26.97	26.64	-62.6
Supplemental Items
EBITDA	715M	796M	1.03B	1.08B	980M
EBITA	454M	483M	723M	798M	683M
EBIT	447M	476M	715M	793M	673M
EBITDAR	835M	909M	1.13B	1.16B	1.07B
Effective Tax Rate - (Ratio)	58.06	-22.35	10.06	22	25.47
Current Domestic Taxes	12M	5M	72M	96M	20M
Current Foreign Taxes	79M	75M	72M	47M	57M
Total Current Taxes	91M	80M	144M	143M	77M
Deferred Domestic Taxes	-82M	-98M	-75M	6M	-136M
Deferred Foreign Taxes	-81M	-22M	-1M	14M	-22M
Total Deferred Taxes	-163M	-120M	-76M	20M	-158M
Normalized Net Income	208M	188M	382M	456M	306M
Interest Capitalized	10M	4M	5M	7M	7M
Interest on Long-Term Debt	12M	8M	9M	11M	10M
Non-Cash Pension Expense	368M	-1M	-9M	-5M	0
Supplemental Operating Expense Items
Research And Development Expense From Footnotes	80M	93M	107M	118M	108M
Net Rental Expense, Total	120M	113M	94M	71M	88M
Imputed Operating Lease Interest Expense	49.57M	44.23M	34.58M	24.6M	37.01M
Imputed Operating Lease Depreciation	70.43M	68.77M	59.42M	46.4M	50.99M
Stock-Based Comp., SG&A Exp. (Total)	-	-	-	-	-
Stock-Based Comp., Other (Total)	19M	16M	34M	27M	19M
Total Stock-Based Compensation	19M	16M	34M	27M	19M

Fiscal Period: December	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	943M	1.1B	1.45B	1.1B	1.2B
Total Cash And Short Term Investments	943M	1.1B	1.45B	1.1B	1.2B
Accounts Receivable, Total	602M	449M	644M	509M	509M
Other Receivables	72M	62M	70M	115M	99M
Total Receivables	674M	511M	714M	624M	608M
Inventory	1.08B	939M	1.1B	1.4B	1.35B
Prepaid Expenses	78M	75M	75M	82M	66M
Deferred Tax Assets Current	-	-	-	-	-
Restricted Cash	-	-	-	-	604M
Other Current Assets, Total	3M	3M	6M	2M	2M
Total Current Assets	2.78B	2.63B	3.34B	3.21B	3.84B
Gross Property Plant And Equipment	9.71B	9.82B	9.46B	9.63B	9.67B
Accumulated Depreciation	-5.85B	-6.11B	-6.08B	-6.22B	-6.2B
Net Property Plant And Equipment	3.85B	3.71B	3.38B	3.41B	3.48B
Long-term Investments	162M	167M	169M	175M	158M
Goodwill	153M	153M	102M	102M	102M
Other Intangibles, Total	21M	14M	6M	13M	3M
Accounts Receivable Long-Term	-	-	-	-	-
Deferred Tax Assets Long-Term	40M	95M	171M	152M	303M
Deferred Charges Long-Term	148M	198M	195M	240M	230M
Other Long-Term Assets, Total	104M	112M	181M	333M	144M
Total Assets	7.26B	7.08B	7.55B	7.64B	8.25B
Liabilities
Accounts Payable, Total	923M	844M	1.16B	1.25B	1.16B
Accrued Expenses, Total	321M	392M	514M	496M	462M
Short-term Borrowings	116M	-	-	-	-
Current Portion of Long-Term Debt	13M	14M	13M	13M	39M
Current Portion of Leases	71M	64M	71M	61M	67M
Current Income Taxes Payable	65M	64M	43M	19M	28M
Unearned Revenue Current, Total	7M	7M	3M	-	-
Deferred Tax Liability Current	-	-	-	-	-
Other Current Liabilities	25M	57M	52M	51M	731M
Total Current Liabilities	1.54B	1.44B	1.86B	1.89B	2.49B
Long-Term Debt	3.97B	3.94B	3.66B	3.54B	3.94B
Long-Term Leases	299M	261M	239M	247M	252M
Unearned Revenue Non Current	8M	5M	2M	-	-
Pension & Other Post Retirement Benefits	113M	-	-	-	-
Deferred Tax Liability Non Current	118M	36M	49M	61M	44M
Other Non Current Liabilities	512M	585M	656M	793M	789M
Total Liabilities	6.56B	6.27B	6.47B	6.53B	7.51B
Common Stock, Total	2M	2M	2M	2M	2M
Additional Paid In Capital	859M	890M	944M	1.02B	1.03B
Retained Earnings	1.25B	1.3B	1.75B	2.17B	1.78B
Treasury Stock	-1.07B	-1.07B	-1.25B	-1.74B	-1.81B
Comprehensive Income and Other	-349M	-310M	-364M	-343M	-274M
Total Common Equity	689M	813M	1.08B	1.11B	737M
Minority Interest	6M	2M	1M	-	2M
Total Equity	695M	815M	1.08B	1.11B	739M
Total Liabilities And Equity	7.26B	7.08B	7.55B	7.64B	8.25B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	164M	165M	160M	148M	149M
ECS Total Common Shares Outstanding	164M	165M	161M	149M	149M
Book Value / Share	4.21	4.93	6.71	7.45	4.96
Tangible Book Value	515M	646M	973M	992M	632M
Tangible Book Value Per Share	3.15	3.92	6.04	6.68	4.25
Total Debt	4.47B	4.28B	3.99B	3.86B	4.3B
Net Debt	3.53B	3.17B	2.54B	2.76B	3.1B
Debt Equivalent of Unfunded Proj. Benefit Obligation	7M	-20M	-10M	-15M	-27M
Debt Equivalent Oper. Leases	960M	904M	752M	568M	704M
Minority Interest, Total (Incl. Fin. Div)	6M	2M	1M	-	2M
Equity Method Investments, Total	162M	167M	169M	175M	158M
Account Code - Inventory Valuation	4	4	4	4	4
LIFO Reserve, Total	-258M	-253M	-272M	-378M	-382M
Inventories - Raw Materials, Total	559M	433M	475M	654M	709M
Inventories - Work In Process, Total	189M	180M	192M	218M	255M
Inventories - Finished Goods, Total	589M	579M	704M	910M	770M
Land - (BS)	115M	111M	108M	102M	94M
Buildings, Total	1.17B	1.2B	1.17B	1.18B	1.18B
Machinery, Total	7.6B	7.82B	7.56B	7.74B	7.65B
Full Time Employees	7K	6.5K	6.4K	6.6K	6.2K
Accumulated Allowance for Doubtful Accounts (Supple)	5M	7M	5M	10M	2M

Fiscal Period: December	2019	2020	2021	2022	2023
Net Income	-52M	219M	608M	578M	-238M
Depreciation & Amortization - CF	261M	313M	309M	286M	297M
Amortization of Goodwill and Intangible Assets - (CF)	7M	7M	8M	5M	10M
Depreciation & Amortization, Total	268M	320M	317M	291M	307M
Amortization of Deferred Charges, Total - (CF)	9M	9M	9M	9M	9M
(Gain) Loss From Sale Of Asset	-10M	-8M	-115M	-21M	-110M
Asset Writedown & Restructuring Costs	43M	-	-	-	-
(Income) Loss On Equity Investments - (CF)	-3M	-	-11M	-22M	11M
Stock-Based Compensation (CF)	19M	16M	34M	27M	18M
Other Operating Activities, Total	238M	-105M	-49M	-4M	-61M
Change In Accounts Receivable	191M	175M	-225M	91M	-10M
Change In Inventories	116M	126M	-202M	-390M	58M
Change In Accounts Payable	-169M	55M	454M	195M	-72M
Change in Other Net Operating Assets	-	-	-	-	644M
Cash from Operations	650M	807M	820M	754M	556M
Capital Expenditure	-481M	-267M	-277M	-307M	-370M
Sale of Property, Plant, and Equipment	9M	5M	-	-	5M
Cash Acquisitions	-10M	-	-	-	-
Divestitures	-	-	508M	16M	138M
Sale (Purchase) of Real Estate properties	-	-	-	17M	-
Investment in Marketable and Equity Securities, Total	-	-	-	-	-
Other Investing Activities, Total	-1M	28M	-11M	-10M	-2M
Cash from Investing	-483M	-234M	220M	-284M	-229M
Short Term Debt Issued, Total	278M	312M	-	-	-
Long-Term Debt Issued, Total	-	800M	650M	-	771M
Total Debt Issued	278M	1.11B	650M	-	771M
Short Term Debt Repaid, Total	-150M	-422M	-	-	-
Long-Term Debt Repaid, Total	-40M	-949M	-864M	-79M	-378M
Total Debt Repaid	-190M	-1.37B	-864M	-79M	-378M
Issuance of Common Stock	9M	16M	23M	51M	19M
Repurchase of Common Stock	-352M	-2M	-175M	-501M	-88M
Common Dividends Paid	-164M	-164M	-164M	-154M	-149M
Common & Preferred Stock Dividends Paid	-164M	-164M	-164M	-154M	-149M
Other Financing Activities, Total	-	-40M	-30M	-2M	-3M
Cash from Financing	-419M	-449M	-560M	-685M	172M
Foreign Exchange Rate Adjustments	-6M	38M	-34M	-32M	4M
Net Change in Cash	-258M	162M	446M	-247M	503M
Supplemental Items
Cash Interest Paid	204M	208M	180M	164M	223M
Cash Income Tax Paid (Refund)	85M	78M	149M	131M	54M
Levered Free Cash Flow	-133M	573M	458M	239M	317M
Unlevered Free Cash Flow	-11.62M	696M	565M	332M	438M
Change In Net Working Capital	97M	-329M	-44M	175M	-61M
Net Debt Issued / Repaid	88M	-259M	-214M	-79M	393M

Fiscal Period: December	2019	2020	2021	2022	2023
Profitability
Return on Assets	3.82	4.15	6.11	6.53	5.29
Return on Total Capital	5.5	5.8	8.8	9.87	8.39
Return On Equity %	-6.06	29.01	64.1	52.81	-25.68
Return on Common Equity	-6.11	29.16	64.2	52.83	-25.81
Margin Analysis
Gross Profit Margin %	19.24	21.47	21.77	23.79	21.67
SG&A Margin	9.7	10	8.79	10.38	8.73
EBITDA Margin %	12.94	16.02	16.26	15.96	16.26
EBITA Margin %