Albemarle Inventory vs Intangible Assets Analysis
ALB Stock | USD 107.98 1.19 1.11% |
Albemarle Corp financial indicator trend analysis is way more than just evaluating Albemarle Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Albemarle Corp is a good investment. Please check the relationship between Albemarle Corp Inventory and its Intangible Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Albemarle Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. For information on how to trade Albemarle Stock refer to our How to Trade Albemarle Stock guide.
Inventory vs Intangible Assets
Inventory vs Intangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Albemarle Corp Inventory account and Intangible Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Albemarle Corp's Inventory and Intangible Assets is -0.03. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Albemarle Corp, assuming nothing else is changed. The correlation between historical values of Albemarle Corp's Inventory and Intangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Albemarle Corp are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Inventory i.e., Albemarle Corp's Inventory and Intangible Assets go up and down completely randomly.
Correlation Coefficient | -0.03 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Inventory
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.Most indicators from Albemarle Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Albemarle Corp 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 Albemarle Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. For information on how to trade Albemarle Stock refer to our How to Trade Albemarle Stock guide.At present, Albemarle Corp's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Discontinued Operations is expected to grow to about 244.1 M, whereas Tax Provision is forecasted to decline to about 193.4 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 998.0M | 3.1B | 1.2B | 789.8M | Total Revenue | 3.3B | 7.3B | 9.6B | 10.1B |
Albemarle Corp fundamental ratios Correlations
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Albemarle Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Albemarle Corp fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 9.9B | 10.5B | 11.0B | 15.5B | 18.3B | 19.2B | |
Short Long Term Debt Total | 3.1B | 3.6B | 2.4B | 3.2B | 4.3B | 4.5B | |
Other Current Liab | 624.4M | 459.4M | 836.4M | 516.5M | 555.2M | 313.0M | |
Total Current Liabilities | 1.4B | 1.8B | 1.9B | 2.7B | 3.6B | 3.7B | |
Total Stockholder Equity | 3.9B | 4.3B | 5.6B | 8.0B | 9.4B | 9.9B | |
Property Plant And Equipment Net | 4.9B | 5.4B | 5.9B | 7.0B | 9.6B | 10.1B | |
Net Debt | 2.5B | 2.8B | 2.0B | 1.7B | 3.4B | 3.6B | |
Accounts Payable | 574.1M | 483.2M | 648.0M | 2.1B | 2.1B | 2.2B | |
Cash | 613.1M | 746.7M | 439.3M | 1.5B | 889.9M | 500.1M | |
Non Current Assets Total | 7.6B | 8.2B | 9.0B | 10.3B | 13.1B | 13.7B | |
Non Currrent Assets Other | 197.8M | 199.0M | 233.4M | 204.1M | 125.5M | 148.0M | |
Cash And Short Term Investments | 613.1M | 746.7M | 439.3M | 1.5B | 889.9M | 500.1M | |
Net Receivables | 680.2M | 530.8M | 623.1M | 1.2B | 1.8B | 1.9B | |
Common Stock Shares Outstanding | 106.3M | 106.8M | 116.5M | 117.8M | 117.8M | 81.9M | |
Liabilities And Stockholders Equity | 9.9B | 10.5B | 11.0B | 15.5B | 18.3B | 19.2B | |
Non Current Liabilities Total | 4.4B | 4.2B | 3.3B | 4.5B | 5.0B | 5.3B | |
Inventory | 769.0M | 750.2M | 812.9M | 2.1B | 2.2B | 2.3B | |
Other Current Assets | 162.8M | 178.4M | 132.7M | 420.8M | 330.5M | 448.4M | |
Other Stockholder Equity | 1.4B | 1.4B | 2.9B | 2.9B | 3.0B | 3.1B | |
Total Liab | 5.8B | 6.0B | 5.2B | 7.3B | 8.6B | 9.0B | |
Property Plant And Equipment Gross | 6.8B | 5.5B | 8.1B | 9.4B | 12.4B | 13.0B | |
Total Current Assets | 2.2B | 2.2B | 2.0B | 5.2B | 5.2B | 5.5B | |
Accumulated Other Comprehensive Income | (395.7M) | (326.1M) | (392.5M) | (560.7M) | (528.5M) | (502.1M) | |
Short Term Debt | 210.5M | 827.0M | 389.9M | 37.6M | 662.1M | 695.2M | |
Intangible Assets | 354.6M | 349.1M | 308.9M | 287.9M | 261.9M | 280.7M | |
Retained Earnings | 2.9B | 3.2B | 3.1B | 5.6B | 7.0B | 7.3B | |
Current Deferred Revenue | (418.5M) | (522.5M) | 394.9M | (5.8M) | (5.2M) | (5.4M) | |
Common Stock Total Equity | 1.1M | 1.1M | 1.2M | 1.2M | 1.3M | 876.9K | |
Common Stock | 1.1M | 1.1M | 1.2M | 1.2M | 1.2M | 891.7K | |
Other Liab | 1.4B | 1.4B | 1.3B | 1.2B | 1.4B | 1.5B | |
Other Assets | 79.2M | 219.3M | 451.1M | 122.4M | 1.0 | 0.95 | |
Long Term Debt | 2.8B | 2.8B | 2.0B | 3.2B | 3.5B | 3.7B | |
Good Will | 1.6B | 1.7B | 1.6B | 1.6B | 1.6B | 856.5M | |
Property Plant Equipment | 5.0B | 5.4B | 5.9B | 7.1B | 8.2B | 8.6B | |
Net Tangible Assets | 2.0B | 4.3B | 3.7B | 8.0B | 9.2B | 9.6B | |
Long Term Debt Total | 2.9B | 2.8B | 2.0B | 3.2B | 3.7B | 2.1B |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Albemarle Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Albemarle Corp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Albemarle Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Albemarle Corp Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Albemarle Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. For information on how to trade Albemarle Stock refer to our How to Trade Albemarle Stock guide.You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Is Specialty 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 Albemarle Corp. If investors know Albemarle 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 Albemarle Corp 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 (0.66) | Dividend Share 1.605 | Earnings Share (16.94) | Revenue Per Share 55.351 | Quarterly Revenue Growth (0.41) |
The market value of Albemarle Corp is measured differently than its book value, which is the value of Albemarle that is recorded on the company's balance sheet. Investors also form their own opinion of Albemarle Corp's value that differs from its market value or its book value, called intrinsic value, which is Albemarle Corp's 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 Albemarle Corp's market value can be influenced by many factors that don't directly affect Albemarle Corp's 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 Albemarle Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Albemarle Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Albemarle Corp's 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.