Chemours Historical Income Statement
CC Stock | USD 18.89 0.18 0.94% |
Historical analysis of Chemours income statement accounts such as Interest Expense of 146.3 M or Selling General Administrative of 797.3 M can show how well Chemours Co performed in making a profits. Evaluating Chemours income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Chemours's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Chemours latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Chemours is a good buy for the upcoming year.
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About Chemours Income Statement Analysis
Chemours Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Chemours shareholders. The income statement also shows Chemours investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Chemours Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Chemours generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Chemours Co minus its cost of goods sold. It is profit before Chemours operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Chemours. It is also known as Chemours overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Most accounts from Chemours' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Chemours current financial condition. On the other hand, looking into the entire matrix of income statement accounts, 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' Interest Income is projected to increase significantly based on the last few years of reporting. The current year's Reconciled Depreciation is expected to grow to about 330.5 M, whereas Interest Expense is forecasted to decline to about 146.3 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.4B | 1.6B | 1.3B | 1.2B | Total Revenue | 6.3B | 6.8B | 6.0B | 5.1B |
Chemours income statement Correlations
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Chemours Account Relationship Matchups
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Chemours income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 311M | 320M | 317M | 291M | 307M | 313.9M | |
Interest Expense | 195M | 208M | 210M | 185M | 163M | 146.3M | |
Selling General Administrative | 548M | 527M | 592M | 710M | 1.3B | 797.3M | |
Total Revenue | 5.5B | 5.0B | 6.3B | 6.8B | 6.0B | 5.1B | |
Gross Profit | 1.1B | 1.1B | 1.4B | 1.6B | 1.3B | 1.2B | |
Other Operating Expenses | 5.1B | 4.5B | 5.7B | 6.0B | 6.1B | 4.5B | |
Operating Income | 171M | 509M | 888M | 913M | (92M) | (87.4M) | |
Ebit | 171M | 447M | 888M | 913M | (110M) | (104.5M) | |
Ebitda | 482M | 767M | 1.2B | 1.2B | 197M | 187.2M | |
Cost Of Revenue | 4.5B | 3.9B | 5.0B | 5.2B | 4.7B | 3.8B | |
Total Operating Expenses | 739M | 628M | 620M | 699M | 1.4B | 918.5M | |
Income Before Tax | (124M) | 179M | 676M | 741M | (318M) | (302.1M) | |
Total Other Income Expense Net | (295M) | (268M) | (6M) | (45M) | (226M) | (214.7M) | |
Net Income | (52M) | 219M | 608M | 578M | (238M) | (226.1M) | |
Income Tax Expense | (72M) | (40M) | 68M | 163M | (81M) | (77.0M) | |
Net Income Applicable To Common Shares | (52M) | 219M | 608M | 578M | 520.2M | 355.7M | |
Net Income From Continuing Ops | (52M) | 219M | 608M | 578M | (237M) | (225.2M) | |
Tax Provision | (72M) | (40M) | 68M | 163M | (81M) | (77.0M) | |
Interest Income | 181M | 213M | 142M | 108M | 97.2M | 131.1M | |
Non Operating Income Net Other | (264M) | 22M | 185M | 132M | 118.8M | 70.6M | |
Net Interest Income | (195M) | (208M) | (210M) | (185M) | (163M) | (218.4M) | |
Reconciled Depreciation | 311M | 320M | 317M | 291M | 307M | 330.5M |
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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.