0HWG Stock | | | 20.05 1.00 4.75% |
Chemours financial indicator trend analysis is way more than just evaluating Chemours prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Chemours is a good investment. Please check the relationship between Chemours Capital Expenditures and its Depreciation accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Chemours Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Capital Expenditures vs Depreciation
Capital Expenditures vs Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Chemours Capital Expenditures account and
Depreciation. At this time, the significance of the direction appears to have pay attention.
The correlation between Chemours' Capital Expenditures and Depreciation is -0.81. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Depreciation in the same time period over historical financial statements of Chemours Co, assuming nothing else is changed. The correlation between historical values of Chemours' Capital Expenditures and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Expenditures of Chemours Co are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Capital Expenditures i.e., Chemours' Capital Expenditures and Depreciation go up and down completely randomly.
Correlation Coefficient | -0.81 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Capital Expenditures
Capital Expenditures are funds used by Chemours to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Chemours operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.
Depreciation
Depreciation indicates how much of Chemours value has been used up. For tax purposes Chemours can deduct the cost of the tangible assets it purchases as business expenses. However, Chemours Co must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
Most indicators from Chemours' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Chemours current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Chemours Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Tax Provision is likely to gain to about (34.2
M) in 2024.
Selling General Administrative is likely to drop to about 465
M in 2024
Chemours fundamental ratios Correlations
Click cells to compare fundamentals
Chemours Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Chemours fundamental ratios Accounts
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Additional Tools for Chemours Stock Analysis
When running Chemours' price analysis, check to
measure Chemours' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Chemours is operating at the current time. Most of Chemours' value examination focuses on studying past and present price action to
predict the probability of Chemours' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chemours' price. Additionally, you may evaluate how the addition of Chemours to your portfolios can decrease your overall portfolio volatility.