Chemours Other Current Assets vs Total Current Assets Analysis

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 Other Current Assets and its Total Current Assets 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.

Other Current Assets vs Total Current Assets

Other Current Assets vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Chemours Other Current Assets account and Total Current Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Chemours' Other Current Assets and Total Current Assets is -0.11. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Chemours Co, assuming nothing else is changed. The correlation between historical values of Chemours' Other Current Assets and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Chemours Co are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Other Current Assets i.e., Chemours' Other Current Assets and Total Current Assets go up and down completely randomly.

Correlation Coefficient

-0.11
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
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
 2021 2022 2023 2024 (projected)
Total Revenue6.3B6.8B6.0B5.0B
Depreciation And Amortization317M291M307M315.2M

Chemours fundamental ratios Correlations

0.630.83-0.710.760.550.870.720.71-0.35-0.910.63-0.06-0.480.890.95-0.64-0.83-0.640.49-0.3-0.680.910.870.920.42
0.630.81-0.480.340.420.470.490.63-0.38-0.710.410.51-0.440.540.64-0.69-0.52-0.740.320.25-0.670.470.550.690.38
0.830.81-0.60.430.620.620.640.87-0.27-0.890.620.21-0.440.730.86-0.68-0.66-0.610.170.15-0.640.710.680.830.21
-0.71-0.48-0.6-0.47-0.04-0.61-0.65-0.470.060.71-0.080.37-0.1-0.95-0.720.470.970.31-0.17-0.130.6-0.53-0.68-0.66-0.02
0.760.340.43-0.470.250.940.630.31-0.61-0.590.510.0-0.570.620.53-0.53-0.58-0.690.75-0.47-0.240.740.510.520.62
0.550.420.62-0.040.250.430.40.66-0.06-0.580.830.31-0.560.260.56-0.46-0.19-0.430.06-0.28-0.460.590.40.450.22
0.870.470.62-0.610.940.430.810.53-0.5-0.740.59-0.01-0.510.760.7-0.7-0.71-0.680.58-0.34-0.420.80.630.640.49
0.720.490.64-0.650.630.40.810.45-0.08-0.60.3-0.02-0.090.720.65-0.75-0.68-0.350.22-0.01-0.530.510.590.580.13
0.710.630.87-0.470.310.660.530.45-0.29-0.830.720.17-0.460.610.73-0.65-0.53-0.560.040.05-0.480.660.50.660.15
-0.35-0.38-0.270.06-0.61-0.06-0.5-0.08-0.290.41-0.44-0.250.81-0.17-0.140.320.150.81-0.520.140.06-0.52-0.17-0.25-0.5
-0.91-0.71-0.890.71-0.59-0.58-0.74-0.6-0.830.41-0.620.050.52-0.85-0.90.680.810.7-0.270.070.74-0.88-0.81-0.87-0.24
0.630.410.62-0.080.510.830.590.30.72-0.44-0.620.34-0.810.320.54-0.37-0.23-0.680.34-0.36-0.210.740.320.440.49
-0.060.510.210.370.00.31-0.01-0.020.17-0.250.050.34-0.43-0.31-0.11-0.320.35-0.460.310.050.15-0.15-0.27-0.070.55
-0.48-0.44-0.44-0.1-0.57-0.56-0.51-0.09-0.460.810.52-0.81-0.43-0.13-0.330.310.070.85-0.520.340.16-0.68-0.25-0.36-0.6
0.890.540.73-0.950.620.260.760.720.61-0.17-0.850.32-0.31-0.130.88-0.56-0.99-0.440.3-0.05-0.670.740.820.820.16
0.950.640.86-0.720.530.560.70.650.73-0.14-0.90.54-0.11-0.330.88-0.57-0.83-0.480.33-0.18-0.780.830.930.970.27
-0.64-0.69-0.680.47-0.53-0.46-0.7-0.75-0.650.320.68-0.37-0.320.31-0.56-0.570.510.59-0.30.010.49-0.44-0.48-0.56-0.33
-0.83-0.52-0.660.97-0.58-0.19-0.71-0.68-0.530.150.81-0.230.350.07-0.99-0.830.510.42-0.280.030.71-0.7-0.81-0.77-0.13
-0.64-0.74-0.610.31-0.69-0.43-0.68-0.35-0.560.810.7-0.68-0.460.85-0.44-0.480.590.42-0.620.130.37-0.68-0.39-0.51-0.66
0.490.320.17-0.170.750.060.580.220.04-0.52-0.270.340.31-0.520.30.33-0.3-0.28-0.62-0.62-0.050.440.330.380.94
-0.30.250.15-0.13-0.47-0.28-0.34-0.010.050.140.07-0.360.050.34-0.05-0.180.010.030.13-0.62-0.07-0.39-0.22-0.16-0.59
-0.68-0.67-0.640.6-0.24-0.46-0.42-0.53-0.480.060.74-0.210.150.16-0.67-0.780.490.710.37-0.05-0.07-0.59-0.87-0.80.03
0.910.470.71-0.530.740.590.80.510.66-0.52-0.880.74-0.15-0.680.740.83-0.44-0.7-0.680.44-0.39-0.590.790.80.37
0.870.550.68-0.680.510.40.630.590.5-0.17-0.810.32-0.27-0.250.820.93-0.48-0.81-0.390.33-0.22-0.870.790.950.19
0.920.690.83-0.660.520.450.640.580.66-0.25-0.870.44-0.07-0.360.820.97-0.56-0.77-0.510.38-0.16-0.80.80.950.3
0.420.380.21-0.020.620.220.490.130.15-0.5-0.240.490.55-0.60.160.27-0.33-0.13-0.660.94-0.590.030.370.190.3
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Chemours Account Relationship Matchups

Chemours fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets7.3B7.1B7.6B7.6B8.3B7.5B
Other Current Liab368M473M587M551M1.2B1.3B
Total Current Liabilities1.5B1.4B1.9B1.9B2.5B1.8B
Total Stockholder Equity689M813M1.1B1.1B737M1.1B
Property Plant And Equipment Net3.9B3.7B3.4B3.4B3.5B3.6B
Accounts Payable901M820M1.1B1.2B1.1B1.1B
Non Current Assets Total4.5B4.4B4.2B4.4B4.4B4.4B
Non Currrent Assets Other252M310M276M371M677M710.9M
Other Assets292M405M547M725M833.8M482.6M
Net Receivables674M511M720M626M610M590.9M
Inventory1.1B939M1.1B1.4B1.4B1.2B
Other Current Assets81M78M75M82M167M175.4M
Other Stockholder Equity(213M)(182M)(303M)(722M)(773M)(734.4M)
Total Liab6.6B6.3B6.5B6.5B7.5B5.7B
Total Current Assets2.8B2.6B3.3B3.2B3.8B3.0B
Intangible Assets28M21M14M6M3M2.9M
Common Stock Shares Outstanding164.8M166.3M168.7M158.3M148.9M138.7M
Liabilities And Stockholders Equity7.3B7.1B7.6B7.6B8.3B7.5B
Accumulated Other Comprehensive Income(349M)(310M)(364M)(343M)(274M)(287.7M)
Short Long Term Debt Total4.5B4.3B4.0B3.9B4.2B4.5B
Net Debt3.5B3.2B2.5B2.8B3.0B2.4B
Retained Earnings1.2B1.3B1.7B2.2B1.8B1.2B
Cash943M1.1B1.5B1.1B1.2B1.2B
Cash And Short Term Investments943M1.1B1.5B1.1B1.8B1.3B
Non Current Liabilities Total5.0B4.8B4.6B4.6B5.0B5.2B
Short Term Debt200M78M84M92M106M78.5M
Long Term Debt4.1B4.0B4.0B3.9B4.5B4.3B
Capital Surpluse837M860M859M890M1.0B931.7M
Property Plant Equipment3.9B3.7B3.4B3.4B3.9B3.7B
Other Liab751M626M707M854M982.1M787.4M
Net Tangible Assets515M646M973M992M1.1B853.1M
Deferred Long Term Liab148M198M195M240M276M197.3M

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