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The Chemours Company  (CC)
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The Chemours's Quick Ratio

CC's quarterly Quick Ratio and Cash & cash equivalent, Current Liabilities growth


The Chemours's Cash & cash equivalent grew by 53.12 % in the III Quarter 2023 sequentially, faster than Current Liabilities, this led to improvement in The Chemours's Quick Ratio to 0.66, above The Chemours Company average Quick Ratio.

Within Chemical Manufacturing industry 4 other companies have achieved higher Quick Ratio than The Chemours in third quarter 2023. While Quick Ratio total ranking has improved so far during the III Quarter 2023 to 358, from total ranking in the second quarter 2023 at 518.

Explain Quick Ratio?
How much Cash & cash equivalents CC´s has?
What are CC´s Current Liabilities?


CC Quick Ratio (Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
Y / Y Current Liabilities Change 12.51 % 16.12 % -1.69 % 1.78 % 9.67 %
Y / Y Cash & cash equivalent Change 23.99 % -24.28 % -28.73 % -24.05 % 13.19 %
Quick Ratio MRQ 0.66 0.43 0.47 0.58 0.6
CC's Total Ranking # 358 # 518 # 686 # 683 # 2514
Seq. Current Liabilities Change 0.23 % 25.5 % -7.72 % -3.08 % 3.45 %
Seq. Cash & cash equivalent Change 53.12 % 15.81 % -25.95 % -5.57 % -6.49 %



Quick Ratio third quarter 2023 Company Ranking
Within: No.
Chemical Manufacturing Industry # 5
Basic Materials Sector # 24
Overall Market # 358


Quick Ratio Statistics
High Average Low
0.98 0.52 0.05
(Sep 30 2017)   (May 31, 2008)




Financial Statements
The Chemours's Current Liabilities $ 2,195 Millions Visit CC's Balance sheet
The Chemours's Cash & cash equivalent $ 1,447 Millions Visit CC's Balance sheet
Source of CC's Sales Visit CC's Sales by Geography


Cumulative The Chemours's Quick Ratio

CC's Quick Ratio for the trailling 12 Months

CC Quick Ratio

(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
Y / Y Current Liabilities TTM Growth 12.51 % 16.12 % -1.69 % 1.78 % 9.67 %
Y / Y Cash & cash equivalent TTM Growth 23.99 % -24.28 % -28.73 % -24.05 % 13.19 %
Quick Ratio TTM 0.54 0.52 0.58 0.62 0.67
Total Ranking TTM # 3707 # 3945 # 3984 # 4069 # 2053
Seq. Current Liabilities TTM Growth 0.23 % 25.5 % -7.72 % -3.08 % 3.45 %
Seq. Cash & cash equivalent TTM Growth 53.12 % 15.81 % -25.95 % -5.57 % -6.49 %


On the trailing twelve months basis CC Cash & cash equivalent grew by 23.99 % in III Quarter 2023 year on year, faster than Current Liabilities, this led to increase in in The Chemours's Quick Ratio to 0.54, above CC average Quick Ratio.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Chemical Manufacturing industry 77 other companies have achieved higher Quick Ratio than The Chemours. While Quick Ratio overall ranking has improved so far to 3707, from total ranking during the twelve months ending second quarter 2023 at 3945.

Explain Quick Ratio?
How much Cash & cash equivalents CC´s has?
What are CC´s Current Liabilities?

TTM Quick Ratio Company Ranking
Within: No.
Within the Chemical Manufacturing Industry # 78
Basic Materials Sector # 266
Within the Market # 3707


trailing twelve months Quick Ratio Statistics
High Average Low
0.92 0.53 0.12
(Mar 31 2018)   (Aug. 31, 2008)




Companies with similar Quick Ratio in the quarter ending Sep 30 2023, within Chemical Manufacturing Industry Quick RatioSep 30 2023 MRQ Cash & cash equivalentSep 30 2023 MRQ Current Liabilities
Pure Bioscience Inc   1.79 $ 1.440  Millions$ 0.806  Millions
Biolargo Inc   1.75 $ 3.042  Millions$ 1.740  Millions
Red Trail Energy Llc  1.27 $ 14.591  Millions$ 11.483  Millions
Westlake Corporation  1.15 $ 3,057.000  Millions$ 2,659.000  Millions
Perimeter Solutions Sa  1.13 $ 71.761  Millions$ 63.537  Millions
Valhi inc   1.11 $ 448.700  Millions$ 403.400  Millions
Flexible Solutions International Inc  1.10 $ 9.954  Millions$ 9.009  Millions
Ashland Inc   0.91 $ 417.000  Millions$ 456.000  Millions
Element Solutions Inc  0.87 $ 329.600  Millions$ 376.700  Millions
Westlake Chemical Partners Lp  0.87 $ 65.869  Millions$ 75.600  Millions
Green Plains Inc   0.86 $ 326.701  Millions$ 379.137  Millions
Livent Corporation  0.81 $ 112.600  Millions$ 138.300  Millions
Balchem Corp  0.71 $ 76.952  Millions$ 108.038  Millions
The Chemours Company  0.66 $ 1,447.000  Millions$ 2,195.000  Millions
Kronos Worldwide inc   0.61 $ 156.900  Millions$ 256.200  Millions
Innospec Inc   0.60 $ 207.200  Millions$ 344.200  Millions
Minerals Technologies Inc   0.59 $ 278.200  Millions$ 473.500  Millions
Quaker Chemical Corporation  0.56 $ 198.358  Millions$ 352.107  Millions
Wd 40 Company  0.54 $ 48.143  Millions$ 88.842  Millions
Air Products And Chemicals Inc   0.50 $ 1,949.200  Millions$ 3,895.800  Millions
Church and Dwight Co Inc   0.48 $ 573.300  Millions$ 1,188.400  Millions
Axalta Coating Systems Ltd   0.45 $ 608.100  Millions$ 1,358.300  Millions
Ecovyst Inc   0.42 $ 38.317  Millions$ 91.919  Millions
Tronox Holdings Plc  0.39 $ 246.000  Millions$ 623.000  Millions
Huntsman Corporation  0.39 $ 496.000  Millions$ 1,271.000  Millions
Kraig Biocraft Laboratories Inc   0.35 $ 2.997  Millions$ 8.571  Millions
Comstock Inc   0.33 $ 3.810  Millions$ 11.663  Millions
Northern Technologies International Corporation  0.32 $ 5.406  Millions$ 16.721  Millions
Linde Plc  0.32 $ 3,894.000  Millions$ 12,177.000  Millions
Newmarket Corporation  0.31 $ 102.560  Millions$ 332.204  Millions

Date modified: 2023-10-28T10:07:18+00:00



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