Chemours Probability Of Bankruptcy

Name: Chemours Next Fiscal Quarter End
Start: 2023-03-31
End: 2023-03-31
Location: Chemours

CC Stock

USD 28.80 0.42 1.48%

Chemours Probability Of Bankruptcy is used to show its chance of financial distress over the next two years of operations under current economic and market conditions. Chemours Probability Of Bankruptcy is determined by interpolating and adjusting Chemours Altman Z Score to account for off-balance-sheet items and missing or unfiled public information. All items used in analyzing the odds of distress are taken from the Chemours balance sheet as well as cash flow and income statements available from the company's most recent filings. Check out Chemours Piotroski F Score and Chemours Altman Z Score analysis. For information on how to trade Chemours Stock refer to our How to Trade Chemours Stock guide.

Chemours Average Assets are projected to increase significantly based on the last few years of reporting. The past year's Average Assets were at 7.66 Billion. The current year Enterprise Value is expected to grow to about 8 B, whereas Revenue Per Employee is forecasted to decline to about 897.1 K.

Chemours Probability Of Bankruptcy Analysis

Chemours' Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.

	2020	2021	2022	2023 (projected)
Interest Expense	210 M	185 M	163 M	196.22 M
Gross Profit	1.07 B	1.38 B	1.62 B	1.47 B

Interest Expense Gross Profit

Probability Of Bankruptcy

Normalized

Z-Score

More About Probability Of Bankruptcy | All Equity Analysis

Current Chemours Probability Of Bankruptcy

45%

Most of Chemours' fundamental indicators, such as Probability Of Bankruptcy, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Chemours Co is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Our calculation of Chemours probability of bankruptcy is based on Altman Z-Score and Piotroski F-Score, but not limited to these measures. To be applied to a broader range of industries and markets, we use several other techniques to enhance the accuracy of predicting Chemours odds of financial distress. These include financial statement analysis, different types of price predictions, earning estimates, analysis consensus, and basic intrinsic valuation. Please use the options below to get a better understanding of different measures that drive the calculation of Chemours Co financial health.

Is Chemours' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Chemours. If investors know Chemours will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Chemours listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

0.197

Dividend Share

Earnings Share

3.61

Revenue Per Share

43.731

Quarterly Revenue Growth

(0.15)

The market value of Chemours is measured differently than its book value, which is the value of Chemours that is recorded on the company's balance sheet. Investors also form their own opinion of Chemours' value that differs from its market value or its book value, called intrinsic value, which is Chemours' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Chemours' market value can be influenced by many factors that don't directly affect Chemours' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Chemours' value and its price as these two are different measures arrived at by different means. Investors typically determine Chemours value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Chemours' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Chemours Probability Of Bankruptcy Driver Correlations

Understanding the fundamental principles of building solid financial models for Chemours is extremely important. It helps to project a fair market value of Ford stock properly, considering its historical fundamentals such as Probability Of Bankruptcy. Since Chemours' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Chemours' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Chemours' interrelated accounts and indicators.

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The Probability of Bankruptcy SHOULD NOT be confused with the actual chance of a company to file for chapter 7, 11, 12, or 13 bankruptcy protection. Macroaxis simply defines Financial Distress as an operational condition where a company is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from both public financial statements as well as analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors taken into account include analysis of liquidity, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.

Competition

Predict Chemours

Based on the latest financial disclosure, Chemours Co has a Probability Of Bankruptcy of 45.0%. This indicator is about the same for the Chemicals average (which is currently at 44.34) sector and 7.68% higher than that of the Materials industry. The probability of bankruptcy for all United States stocks is 12.98% lower than that of the firm.

Chemours Probability Of Bankruptcy Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Chemours' direct or indirect competition against its Probability Of Bankruptcy to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Chemours could also be used in its relative valuation, which is a method of valuing Chemours by comparing valuation metrics of similar companies.

Chemours is currently under evaluation in probability of bankruptcy category among related companies.

Chemours Main Bankruptcy Drivers

	2018	2019	2020	2021	2022	2023 (projected)
Return on Average Assets	0.13	(0.007)	0.031	0.082	0.075	0.0702
Gross Margin	0.2	0.28	0.3	0.19	0.22	0.24
Total Debt	3.97 B	4.41 B	4.22 B	3.93 B	3.81 B	4.32 B
Total Liabilities	6.34 B	6.56 B	6.27 B	6.47 B	6.53 B	6.65 B
Current Liabilities	1.71 B	1.54 B	1.44 B	1.86 B	1.89 B	1.93 B
Total Assets	7.36 B	7.26 B	7.08 B	7.55 B	7.64 B	7.97 B
Current Assets	3.29 B	2.78 B	2.63 B	3.35 B	3.21 B	3.29 B
Net Cash Flow from Operations	1.14 B	650 M	807 M	820 M	754 M	713.78 M
Weighted Average Shares	171.08 M	163.5 M	164.5 M	162.96 M	150.92 M	151.57 M
Weighted Average Shares Diluted	182.57 M	164.82 M	166.35 M	168.7 M	158.3 M	184.35 M

Chemours Fundamentals

	Return On Equity	0.53 %
	Return On Asset	0.07 %
	Profit Margin	0.09 %
	Operating Margin	0.12 %
	Current Valuation	7.4 B
	Shares Outstanding	148.8 M
	Shares Owned by Insiders	0.71 %
	Shares Owned by Institutions	75.30 %
	Number of Shares Shorted	5.24 M
	Price to Earning	25.49 X
	Price to Book	3.74 X
	Price to Sales	0.65 X
	Revenue	6.79 B
	Gross Profit	1.62 B
	EBITDA	1.2 B
	Net Income	578 M
	Cash and Equivalents	1.1 B
	Cash per Share	7.73 X
	Total Debt	3.59 B
	Debt to Equity	2.94 %
	Current Ratio	1.82 X
	Book Value Per Share	7.45 X
	Cash Flow from Operations	754 M
	Short Ratio	4.37 X
	Earnings Per Share	3.61 X
	Price to Earnings To Growth	1.67 X
	Target Price	38.7
	Number of Employees	6.6 K
	Beta	1.88
	Market Capitalization	4.29 B
	Total Asset	7.64 B
	Retained Earnings	1.01 B
	Working Capital	835 M
	Current Asset	2.3 B
	Current Liabilities	1.47 B
	Z Score	0.6
	Annual Yield	0.0343 %
	Five Year Return	3.59 %
	Net Asset	7.64 B
	Last Dividend Paid	1.0

About Chemours Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Chemours Co's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Chemours using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Chemours Co based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

The Chemours Company provides performance chemicals in North America, the Asia Pacific, Europe, the Middle East, Africa, and Latin America. The Chemours Company was founded in 2014 and is headquartered in Wilmington, Delaware. Chemours operates under Specialty Chemicals classification in the United States and is traded on New York Stock Exchange. It employs 6400 people.

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Our tools can tell you how much better you can do entering a position in Chemours without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Pair Trading with Chemours

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Chemours position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Chemours will appreciate offsetting losses from the drop in the long position's value.

Moving together with Chemours

0.9

ALB

Albemarle Corp

Fiscal Quarter End 31st of March 2023

Pair Corr

The ability to find closely correlated positions to Chemours could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Chemours when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Chemours - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Chemours Co to buy it.

The correlation of Chemours is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Chemours moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Chemours moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Chemours can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Check out Chemours Piotroski F Score and Chemours Altman Z Score analysis. For information on how to trade Chemours Stock refer to our How to Trade Chemours Stock guide. Note that the Chemours information on this page should be used as a complementary analysis to other Chemours' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

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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 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.

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Quarterly Earnings Growth

0.197

Dividend Share

Earnings Share

3.61

Revenue Per Share

43.731

Quarterly Revenue Growth

(0.15)

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	Accounts Payable	Total Assets	Current Assets	Cash and Equivalents	Total Debt	Debt Current	Shareholders Equity	Total Liabilities	Current Liabilities	Tax Assets	Tax Liabilities
Accounts Payable		0.31	0.35	0.28	-0.17	-0.24	0.22	-0.01	0.52	-0.52	0.02
Total Assets	0.31		0.94	0.91	0.44	0.01	-0.67	0.87	0.73	-0.56	-0.87
Current Assets	0.35	0.94		0.97	0.23	-0.17	-0.7	0.86	0.8	-0.44	-0.81
Cash and Equivalents	0.28	0.91	0.97		0.22	-0.21	-0.65	0.82	0.78	-0.4	-0.83
Total Debt	-0.17	0.44	0.23	0.22		0.55	-0.08	0.23	-0.12	-0.14	-0.22
Debt Current	-0.24	0.01	-0.17	-0.21	0.55		0.02	-0.01	-0.25	0.07	0.02
Shareholders Equity	0.22	-0.67	-0.7	-0.65	-0.08	0.02		-0.95	-0.53	0.18	0.86
Total Liabilities	-0.01	0.87	0.86	0.82	0.23	-0.01	-0.95		0.66	-0.35	-0.95
Current Liabilities	0.52	0.73	0.8	0.78	-0.12	-0.25	-0.53	0.66		-0.68	-0.68
Tax Assets	-0.52	-0.56	-0.44	-0.4	-0.14	0.07	0.18	-0.35	-0.68		0.43
Tax Liabilities	0.02	-0.87	-0.81	-0.83	-0.22	0.02	0.86	-0.95	-0.68	0.43

Chemours Probability Of Bankruptcy

Chemours Probability Of Bankruptcy Analysis

Current Chemours Probability Of Bankruptcy

Chemours Probability Of Bankruptcy Driver Correlations

Chemours Probability Of Bankruptcy Peer Comparison

Chemours Main Bankruptcy Drivers

Chemours Fundamentals

About Chemours Fundamental Analysis

Be your own money manager

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Run Price Exposure Probability Now

Price Exposure Probability

Pair Trading with Chemours

Moving together with Chemours

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