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The Chemours Company  (CC)
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The Chemours's Working Capital Ratio

CC's quarterly Working Capital Ratio and Current Assets, Current Liabilities growth


The Chemours's Current Assets grew by 9.16 % in the III Quarter 2023 sequentially, faster than Current Liabilities, this led to improvement in The Chemours's Working Capital Ratio to 1.68, Working Capital Ratio remained below The Chemours Company average.

Within Chemical Manufacturing industry 53 other companies have achieved higher Working Capital Ratio than The Chemours in third quarter 2023. While Working Capital Ratio total ranking in the third quarter 2023 has deteriorated compared to the prior quarter from 613 to 2517.

Explain Working Capital Ratio
How much in Current Assets CC´s has?
What is the value of CC´s Current Liabilities?


CC Working Capital 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 Current Assets Change 3.95 % -6.43 % -5.63 % -3.92 % 5.1 %
Working Capital Ratio MRQ 1.68 1.54 1.83 1.7 1.82
CC's Total Ranking # 2517 # 613 # 245 # 348 # 2645
Seq. Current Liabilities Change 0.23 % 25.5 % -7.72 % -3.08 % 3.45 %
Seq. Current Assets Change 9.16 % 5.37 % -0.37 % -9.29 % -1.75 %



Working Capital Ratio third quarter 2023 Company Ranking
Within: No.
Chemical Manufacturing Industry # 54
Basic Materials Sector # 205
Overall Market # 2517


Working Capital Ratio Statistics
High Average Low
2.48 1.81 1.27
(May 31, 2004)   (Nov. 30, 2007)




Financial Statements
The Chemours's Current Liabilities $ 2,195 Millions Visit CC's Balance sheet
The Chemours's Current Assets $ 3,683 Millions Visit CC's Balance sheet
Source of CC's Sales Visit CC's Sales by Geography


Cumulative The Chemours's Working Capital Ratio

CC's Working Capital Ratio for the trailling 12 Months

CC Working Capital 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 Current Assets TTM Growth 3.95 % -6.43 % -5.63 % -3.92 % 5.1 %
Working Capital Ratio TTM 1.68 1.71 1.82 1.83 1.86
Total Ranking TTM # 3961 # 2125 # 4185 # 3812 # 102
Seq. Current Liabilities TTM Growth 0.23 % 25.5 % -7.72 % -3.08 % 3.45 %
Seq. Current Assets TTM Growth 9.16 % 5.37 % -0.37 % -9.29 % -1.75 %


On the trailing twelve months basis Due to rise in Current Liabilities in the III Quarter 2023 to $2,195.00 millions, cumulative Working Capital Ratio decreased to 1.68 below the The Chemours Company average Working Capital Ratio.
Working Capital Ratio is the average cumulative value over the last four quarters.

Among companies operating within Chemical Manufacturing industry 81 other companies have achieved higher Working Capital Ratio than The Chemours. While Working Capital Ratio total ranking has deteriorated compared to the previous twelve months ending in the second quarter 2023 from 2125 to 3961.

Explain Working Capital Ratio
How much in Current Assets CC´s has?
What is the value of CC´s Current Liabilities?

TTM Working Capital Ratio Company Ranking
Within: No.
Within the Chemical Manufacturing Industry # 82
Basic Materials Sector # 288
Within the Market # 3961


trailing twelve months Working Capital Ratio Statistics
High Average Low
2.15 1.78 1.35
(Jun 30 2018)   (Aug. 31, 2008)




Companies with similar Working Capital Ratio in the quarter ending Sep 30 2023, within Chemical Manufacturing Industry Working Capital RatioSep 30 2023 MRQ Current AssetsSep 30 2023 MRQ Current Liabilities
Gevo inc   4.27 $ 411.231  Millions$ 96.361  Millions
Sensient Technologies Corp  4.22 $ 945.154  Millions$ 223.817  Millions
Arq Inc   4.15 $ 91.474  Millions$ 22.024  Millions
Kronos Worldwide inc   3.90 $ 999.700  Millions$ 256.200  Millions
Livent Corporation  3.46 $ 478.200  Millions$ 138.300  Millions
Element Solutions Inc  3.45 $ 1,299.500  Millions$ 376.700  Millions
Tronox Holdings Plc  3.42 $ 2,132.000  Millions$ 623.000  Millions
Valhi inc   3.40 $ 1,370.100  Millions$ 403.400  Millions
Ashland Inc   3.30 $ 1,506.000  Millions$ 456.000  Millions
Cn Energy Group Inc   3.22 $ 72.449  Millions$ 22.525  Millions
Newmarket Corporation  3.21 $ 1,065.594  Millions$ 332.204  Millions
Balchem Corp  3.16 $ 341.222  Millions$ 108.038  Millions
Codexis inc   3.14 $ 120.470  Millions$ 38.415  Millions
Flexible Solutions International Inc  3.14 $ 28.249  Millions$ 9.009  Millions
Westlake Chemical Partners Lp  3.06 $ 231.471  Millions$ 75.600  Millions
Xpel Inc   2.97 $ 138.038  Millions$ 46.545  Millions
Csw Industrials Inc   2.83 $ 318.647  Millions$ 112.702  Millions
Wd 40 Company  2.80 $ 248.525  Millions$ 88.842  Millions
Red Trail Energy Llc  2.76 $ 31.730  Millions$ 11.483  Millions
Quaker Chemical Corporation  2.74 $ 966.311  Millions$ 352.107  Millions
Biolargo Inc   2.70 $ 4.691  Millions$ 1.740  Millions
Comstock Inc   2.64 $ 30.738  Millions$ 11.663  Millions
Valvoline Inc   2.59 $ 936.700  Millions$ 362.300  Millions
Pure Bioscience Inc   2.56 $ 2.066  Millions$ 0.806  Millions
Ingevity Corporation  2.56 $ 734.500  Millions$ 286.700  Millions
Westlake Corporation  2.54 $ 6,757.000  Millions$ 2,659.000  Millions
Innospec Inc   2.51 $ 863.700  Millions$ 344.200  Millions
Rpm International Inc   2.45 $ 3,111.978  Millions$ 1,268.647  Millions
Northern Technologies International Corporation  2.37 $ 39.672  Millions$ 16.721  Millions
Luxfer Holdings Plc  2.37 $ 190.300  Millions$ 80.300  Millions

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



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