Chemours Depreciation vs Net Income Analysis

CC Stock  USD 19.42  1.75  8.27%   
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 Depreciation and its Net Income 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 main economic indicators.

Depreciation vs Net Income

Depreciation vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Chemours Depreciation account and Net Income. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Chemours' Depreciation and Net Income is -0.46. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Net Income in the same time period over historical financial statements of Chemours Co, assuming nothing else is changed. The correlation between historical values of Chemours' Depreciation and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of Chemours Co are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Depreciation i.e., Chemours' Depreciation and Net Income go up and down completely randomly.

Correlation Coefficient

-0.46
Relationship DirectionNegative 
Relationship StrengthVery Weak

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.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Chemours financial statement analysis. It represents the amount of money remaining after all of Chemours Co operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
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 main economic indicators.
At present, Chemours' Enterprise Value Multiple is projected to increase significantly based on the last few years of reporting.
 2021 2022 2023 2024 (projected)
Gross Profit1.4B1.6B1.3B1.2B
Total Revenue6.3B6.8B6.0B5.1B

Chemours fundamental ratios Correlations

-0.67-0.73-0.640.36-0.63-0.71-0.79-0.43-0.79-0.21-0.6-0.410.850.73-0.46-0.68-0.820.63-0.51-0.69-0.520.160.610.47-0.7
-0.670.760.83-0.710.860.760.470.690.860.370.870.84-0.5-0.910.860.630.54-0.830.90.720.95-0.65-0.64-0.830.76
-0.730.760.83-0.710.770.470.820.450.580.30.730.71-0.45-0.790.720.360.83-0.70.770.50.76-0.65-0.67-0.750.54
-0.640.830.83-0.590.840.430.680.70.580.40.920.64-0.39-0.890.660.630.67-0.730.750.790.86-0.49-0.68-0.650.52
0.36-0.71-0.71-0.59-0.82-0.47-0.23-0.24-0.54-0.35-0.67-0.970.270.71-0.96-0.08-0.260.75-0.95-0.33-0.720.920.470.97-0.46
-0.630.860.770.84-0.820.580.50.550.720.50.90.85-0.42-0.890.870.580.51-0.770.910.710.84-0.67-0.61-0.850.62
-0.710.760.470.43-0.470.580.310.310.970.020.470.6-0.69-0.590.640.510.42-0.650.630.460.53-0.32-0.53-0.580.96
-0.790.470.820.68-0.230.50.310.390.420.190.50.22-0.48-0.530.250.490.97-0.410.330.460.44-0.13-0.6-0.280.41
-0.430.690.450.7-0.240.550.310.390.480.650.690.37-0.08-0.690.390.780.38-0.550.460.730.72-0.24-0.51-0.390.33
-0.790.860.580.58-0.540.720.970.420.480.240.650.67-0.71-0.740.710.640.5-0.720.720.620.66-0.39-0.63-0.660.92
-0.210.370.30.4-0.350.50.020.190.650.240.60.360.01-0.490.360.460.11-0.310.380.470.4-0.36-0.41-0.39-0.08
-0.60.870.730.92-0.670.90.470.50.690.650.60.74-0.44-0.930.760.650.51-0.720.820.840.88-0.59-0.66-0.740.48
-0.410.840.710.64-0.970.850.60.220.370.670.360.74-0.33-0.781.00.220.28-0.80.990.420.83-0.91-0.5-0.990.58
0.85-0.5-0.45-0.390.27-0.42-0.69-0.48-0.08-0.710.01-0.44-0.330.56-0.37-0.46-0.540.5-0.39-0.55-0.310.070.390.36-0.59
0.73-0.91-0.79-0.890.71-0.89-0.59-0.53-0.69-0.74-0.49-0.93-0.780.56-0.81-0.62-0.570.81-0.86-0.87-0.90.610.680.81-0.59
-0.460.860.720.66-0.960.870.640.250.390.710.360.761.0-0.37-0.810.270.31-0.820.990.470.84-0.89-0.52-0.990.62
-0.680.630.360.63-0.080.580.510.490.780.640.460.650.22-0.46-0.620.270.49-0.480.340.790.540.05-0.37-0.230.52
-0.820.540.830.67-0.260.510.420.970.380.50.110.510.28-0.54-0.570.310.49-0.460.380.490.49-0.18-0.64-0.330.51
0.63-0.83-0.7-0.730.75-0.77-0.65-0.41-0.55-0.72-0.31-0.72-0.80.50.81-0.82-0.48-0.46-0.84-0.58-0.780.560.590.83-0.62
-0.510.90.770.75-0.950.910.630.330.460.720.380.820.99-0.39-0.860.990.340.38-0.840.540.88-0.86-0.57-0.980.63
-0.690.720.50.79-0.330.710.460.460.730.620.470.840.42-0.55-0.870.470.790.49-0.580.540.68-0.19-0.61-0.450.47
-0.520.950.760.86-0.720.840.530.440.720.660.40.880.83-0.31-0.90.840.540.49-0.780.880.68-0.71-0.57-0.820.57
0.16-0.65-0.65-0.490.92-0.67-0.32-0.13-0.24-0.39-0.36-0.59-0.910.070.61-0.890.05-0.180.56-0.86-0.19-0.710.350.91-0.31
0.61-0.64-0.67-0.680.47-0.61-0.53-0.6-0.51-0.63-0.41-0.66-0.50.390.68-0.52-0.37-0.640.59-0.57-0.61-0.570.350.51-0.55
0.47-0.83-0.75-0.650.97-0.85-0.58-0.28-0.39-0.66-0.39-0.74-0.990.360.81-0.99-0.23-0.330.83-0.98-0.45-0.820.910.51-0.55
-0.70.760.540.52-0.460.620.960.410.330.92-0.080.480.58-0.59-0.590.620.520.51-0.620.630.470.57-0.31-0.55-0.55
Click cells to compare fundamentals

Chemours Account Relationship Matchups

Chemours fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding164.8M166.3M168.7M158.3M148.9M140.1M
Total Assets7.3B7.1B7.6B7.6B8.3B7.5B
Other Current Liab477M449M545M475M1.2B1.3B
Total Current Liabilities1.5B1.4B1.9B1.9B2.5B1.8B
Total Stockholder Equity689M813M1.1B1.1B737M1.1B
Other Liab751M626M707M854M982.1M711.9M
Property Plant And Equipment Net3.9B3.7B3.4B3.4B3.5B3.6B
Accounts Payable923M820M1.2B1.2B1.1B1.1B
Non Current Assets Total4.5B4.4B4.2B4.4B4.4B4.4B
Non Currrent Assets Other391M252M310M573M374M416.1M
Other Assets292M405M547M725M833.8M424.1M
Long Term Debt4.0B4.0B3.7B3.6B4.0B3.2B
Net Receivables674M511M720M626M610M602.4M
Liabilities And Stockholders Equity7.3B7.1B7.6B7.6B8.3B7.5B
Non Current Liabilities Total5.0B4.8B4.6B4.6B5.0B4.1B
Inventory1.1B939M1.1B1.4B1.4B1.2B
Other Current Assets81M156M150M82M670M703.5M
Other Stockholder Equity(213M)(182M)(303M)(722M)(773M)(734.4M)
Total Liab6.6B6.3B6.5B6.5B7.5B6.0B
Property Plant And Equipment Gross3.9B3.7B9.2B9.4B9.6B5.2B
Total Current Assets2.8B2.6B3.3B3.2B3.8B3.0B
Accumulated Other Comprehensive Income(349M)(310M)(364M)(343M)(274M)(287.7M)
Short Term Debt134M78M84M141M106M97.8M
Intangible Assets28M21M14M6M3M2.9M
Property Plant Equipment3.9B3.5B3.4B3.2B3.6B3.5B
Net Tangible Assets515M646M973M992M892.8M710.5M
Retained Earnings1.2B1.3B1.7B2.2B1.8B1.1B
Cash943M1.1B1.5B1.1B1.2B1.1B
Deferred Long Term Liab148M36M49M61M54.9M96.1M
Long Term Investments162M167M169M175M158M171.6M
Short Long Term Debt13M134M21M25M51M41.5M
Short Long Term Debt Total4.4B4.3B3.9B3.8B4.3B4.4B
Net Debt3.5B3.2B2.5B2.7B3.1B2.4B
Cash And Short Term Investments943M1.1B1.5B1.1B1.2B1.2B
Retained Earnings Total Equity1.2B1.3B1.7B2.2B2.5B2.6B
Long Term Debt Total4.0B4.0B3.7B3.6B3.2B3.1B

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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 main economic indicators.
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Is Diversified Chemicals space 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
(0.65)
Dividend Share
1
Earnings Share
0.5
Revenue Per Share
38.519
Quarterly Revenue Growth
0.009
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 if Chemours is a good investment 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.