Albemarle Corp Financials

ALB Stock  USD 108.97  0.58  0.53%   
Based on the analysis of Albemarle Corp's profitability, liquidity, and operating efficiency, Albemarle Corp may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At present, Albemarle Corp's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Short and Long Term Debt Total is expected to grow to about 4.5 B, whereas Cash is forecasted to decline to about 500.1 M. Key indicators impacting Albemarle Corp's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.0880.1636
Way Down
Pretty Stable
Return On Assets0.07840.0861
Significantly Down
Very volatile
Return On Equity0.170.1672
Fairly Up
Very volatile
Debt Equity Ratio0.460.431
Notably Up
Pretty Stable
Current Ratio2.521.4652
Way Up
Slightly volatile
Investors should never underestimate Albemarle Corp's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Albemarle Corp's cash flow, debt, and profitability to make informed and accurate decisions about investing in Albemarle Corp.

Cash And Equivalents

829.79 Million

  
Understanding current and past Albemarle Corp Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Albemarle Corp's financial statements are interrelated, with each one affecting the others. For example, an increase in Albemarle Corp's assets may result in an increase in income on the income statement.
Please note, the presentation of Albemarle Corp's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Albemarle Corp's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Albemarle Corp's management manipulating its earnings.

Albemarle Corp Stock Summary

Albemarle Corp competes with Linde Plc, Air Products, Dupont De, Sociedad Quimica, and Gevo. Albemarle Corporation develops, manufactures, and markets engineered specialty chemicals worldwide. Albemarle Corporation was founded in 1887 and is headquartered in Charlotte, North Carolina. Albemarle Corp operates under Specialty Chemicals classification in the United States and is traded on New York Stock Exchange. It employs 6000 people.
Specialization
Basic Materials, Specialty Chemicals
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS0126531013
CUSIP012653101
LocationNorth Carolina; U.S.A
Business Address4250 Congress Street,
SectorChemicals
IndustryMaterials
BenchmarkDow Jones Industrial
Websitewww.albemarle.com
Phone980 299 5700
CurrencyUSD - US Dollar

Albemarle Corp Key Financial Ratios

Albemarle Corp Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets9.9B10.5B11.0B15.5B18.3B19.2B
Other Current Liab624.4M459.4M836.4M516.5M215.0M300.9M
Net Debt2.5B2.8B2.0B1.7B3.4B3.6B
Accounts Payable574.1M483.2M648.0M2.1B2.1B2.2B
Cash613.1M746.7M439.3M1.5B889.9M500.1M
Net Receivables680.2M530.8M623.1M1.2B1.8B1.9B
Inventory769.0M750.2M812.9M2.1B2.2B2.3B
Other Current Assets162.8M178.4M132.7M420.8M330.5M448.4M
Total Liab5.8B6.0B5.2B7.3B8.6B9.0B
Total Current Assets2.2B2.2B2.0B5.2B5.2B5.5B
Short Term Debt210.5M827.0M389.9M37.6M656.3M689.2M
Intangible Assets354.6M349.1M308.9M287.9M261.9M280.7M
Retained Earnings2.9B3.2B3.1B5.6B7.0B7.3B
Common Stock1.1M1.1M1.2M1.2M1.2M891.7K
Other Liab1.4B1.4B1.3B1.2B1.4B1.5B
Other Assets79.2M219.3M451.1M122.4M1.00.95
Long Term Debt2.8B2.8B2.0B3.2B3.5B3.7B
Good Will1.6B1.7B1.6B1.6B1.6B856.5M
Net Tangible Assets2.0B4.3B3.7B8.0B9.2B9.6B
Long Term Debt Total2.9B2.8B2.0B3.2B3.7B2.1B

Albemarle Corp Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense57.7M73.1M61.5M123.0M116.1M121.9M
Total Revenue3.6B3.1B3.3B7.3B9.6B10.1B
Gross Profit1.3B994.9M998.0M3.1B1.2B790.4M
Operating Income666.1M505.8M(100.9M)2.5B251.9M388.4M
Ebit834.0M446.6M152.9M2.6B467.1M381.5M
Ebitda834.1M678.6M153.1M2.9B897.1M497.0M
Cost Of Revenue2.3B2.1B2.3B4.2B8.4B8.8B
Income Before Tax563.0M373.5M133.6M2.4B246.7M363.4M
Net Income533.2M375.8M123.7M2.0B1.6B1.7B
Income Tax Expense88.2M54.4M29.4M390.6M430.3M451.8M
Research Development58.3M59.2M54.0M72.0M85.7M59.7M
Minority Interest161.3M70.9M(76.3M)125.3M(112.0M)(106.4M)
Tax Provision88.2M54.4M29.4M390.6M335.5M193.4M
Interest Income78.7M68.3M61.5M123.0M141.4M83.7M
Net Interest Income(57.7M)(73.1M)(61.5M)(123.0M)(105.7M)(111.0M)

Albemarle Corp Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory(46.3M)52.0M(127.4M)(1.6B)(962.9M)(914.8M)
Change In Cash57.8M133.6M(307.5M)1.1B(609.2M)(578.8M)
Free Cash Flow(132.4M)(51.6M)(609.4M)646.2M(824.0M)(782.8M)
Depreciation213.5M232.0M254M300.8M429.9M451.4M
Other Non Cash Items(18.2M)186.0M(203.0M)82.8M797.1M837.0M
Capital Expenditures851.8M850.5M953.7M1.3B2.1B2.3B
Net Income604.4M446.6M199.9M2.8B1.6B1.7B
End Period Cash Flow613.1M746.7M439.3M1.5B889.9M500.1M
Dividends Paid152.2M161.8M177.9M184.4M187.2M196.5M
Investments(1.7B)8.6M(666.6M)(706K)(2.3B)(2.2B)
Net Borrowings1.3B335.8M(1.1B)851.1M766.0M804.3M
Change To Netincome87.0M334.4M(145.1M)856.2M984.6M1.0B

Albemarle Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Albemarle Corp's current stock value. Our valuation model uses many indicators to compare Albemarle Corp value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Albemarle Corp competition to find correlations between indicators driving Albemarle Corp's intrinsic value. More Info.
Albemarle Corp is rated below average in return on equity category among its peers. It also is rated below average in return on asset category among its peers . At present, Albemarle Corp's Return On Equity is projected to slightly decrease based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Albemarle Corp's earnings, one of the primary drivers of an investment's value.

Albemarle Corp Systematic Risk

Albemarle Corp's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Albemarle Corp volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Albemarle Corp correlated with the market. If Beta is less than 0 Albemarle Corp generally moves in the opposite direction as compared to the market. If Albemarle Corp Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Albemarle Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Albemarle Corp is generally in the same direction as the market. If Beta > 1 Albemarle Corp moves generally in the same direction as, but more than the movement of the benchmark.

Albemarle Corp Thematic Clasifications

Albemarle Corp is part of Chemicals investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Chemicals industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
ChemicalsView
This theme covers USA Equities from Chemicals industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
Today, most investors in Albemarle Corp Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Albemarle Corp's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Albemarle Corp growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.49)

At present, Albemarle Corp's Price Earnings To Growth Ratio is projected to slightly decrease based on the last few years of reporting.

Albemarle Corp November 21, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Albemarle Corp help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Albemarle Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Albemarle Corp based on widely used predictive technical indicators. In general, we focus on analyzing Albemarle Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Albemarle Corp's daily price indicators and compare them against related drivers.

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When running Albemarle Corp's price analysis, check to measure Albemarle Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Albemarle Corp is operating at the current time. Most of Albemarle Corp's value examination focuses on studying past and present price action to predict the probability of Albemarle Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Albemarle Corp's price. Additionally, you may evaluate how the addition of Albemarle Corp to your portfolios can decrease your overall portfolio volatility.
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