What Does Chemours Debt Look Like?
Shares of Chemours (NYSE: CC ) fell by 6.6% on Thursday. Before having a look at the importance of debt, let us look at how much debt Chemours has. Chemours''s Debt Based on Chemours''s financial statement as of May 5, 2021, long-term debt is at $3.97 billion and current debt is at $23.00 million, amounting to $3.99 billion in total debt. Adjusted for $1.01 billion in cash-equivalents, the company''s net debt is at $2.98 billion. Let''s define some of the terms we used in the paragraph above. Current debt is the portion of a company''s debt which is due within 1 year, while long-term debt is the portion due in more Full story available on Benzinga.com
What Does Chemours Debt Look Like?
Shares of Chemours (NYSE: CC ) fell by 6.6% on Thursday. Before having a look at the importance of debt, let us look at how much debt Chemours has. Chemours''s Debt Based on Chemours''s financial statement as of May 5, 2021, long-term debt is at $3.97 billion and current debt is at $23.00 million, amounting to $3.99 billion in total debt. Adjusted for $1.01 billion in cash-equivalents, the company''s net debt is at $2.98 billion. Let''s define some of the terms we used in the paragraph above. Current debt is the portion of a company''s debt which is due within 1 year, while long-term debt is the portion due in more Full story available on Benzinga.com