Albemarle Non Current Liabilities Total vs Total 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 Non Current Liabilities Total and its Total 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.

Non Current Liabilities Total vs Total Assets

Non Current Liabilities Total vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Albemarle Corp Non Current Liabilities Total account and Total Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Albemarle Corp's Non Current Liabilities Total and Total Assets is 0.92. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Total 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 Non Current Liabilities Total and Total 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 Non Current Liabilities Total of Albemarle Corp are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Non Current Liabilities Total i.e., Albemarle Corp's Non Current Liabilities Total and Total Assets go up and down completely randomly.

Correlation Coefficient

0.92
Relationship DirectionPositive 
Relationship StrengthVery Strong

Non Current Liabilities Total

Total Assets

Total assets refers to the total amount of Albemarle Corp assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Albemarle Corp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
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 Profit998.0M3.1B1.2B789.8M
Total Revenue3.3B7.3B9.6B10.1B

Albemarle Corp fundamental ratios Correlations

0.880.360.990.980.960.810.920.090.98-0.090.090.920.220.920.93-0.310.880.970.960.870.530.210.950.060.66
0.880.380.880.770.790.860.690.230.86-0.150.230.740.080.970.7-0.220.710.960.770.770.780.420.740.140.59
0.360.380.270.290.210.340.070.120.42-0.150.120.120.60.510.080.310.60.420.230.150.290.630.13-0.520.76
0.990.880.270.970.960.80.930.10.96-0.10.10.940.160.890.94-0.330.840.960.960.890.580.170.950.070.58
0.980.770.290.970.970.720.950.040.96-0.070.040.940.240.820.96-0.330.880.910.980.870.40.080.970.040.62
0.960.790.210.960.970.780.92-0.040.96-0.06-0.040.910.190.830.93-0.480.820.910.990.80.460.030.960.220.56
0.810.860.340.80.720.780.62-0.280.87-0.06-0.280.690.170.880.65-0.320.670.870.740.50.670.540.680.210.53
0.920.690.070.930.950.920.620.060.86-0.050.060.950.130.721.0-0.350.750.830.940.90.28-0.040.970.080.46
0.090.230.120.10.04-0.04-0.280.06-0.06-0.151.00.02-0.10.150.040.20.030.14-0.010.460.19-0.210.05-0.140.18
0.980.860.420.960.960.960.870.86-0.06-0.08-0.060.870.290.920.88-0.350.90.960.950.770.540.290.910.090.68
-0.09-0.15-0.15-0.1-0.07-0.06-0.06-0.05-0.15-0.08-0.15-0.1-0.13-0.12-0.03-0.03-0.15-0.12-0.04-0.12-0.19-0.070.00.190.05
0.090.230.120.10.04-0.04-0.280.061.0-0.06-0.150.02-0.10.150.040.20.030.14-0.010.460.19-0.210.05-0.140.18
0.920.740.120.940.940.910.690.950.020.87-0.10.020.010.750.95-0.20.720.850.940.880.410.050.96-0.010.47
0.220.080.60.160.240.190.170.13-0.10.29-0.13-0.10.010.220.11-0.240.550.20.140.0-0.040.310.07-0.190.54
0.920.970.510.890.820.830.880.720.150.92-0.120.150.750.220.74-0.220.80.980.820.760.660.450.780.10.7
0.930.70.080.940.960.930.651.00.040.88-0.030.040.950.110.74-0.330.750.840.950.890.3-0.030.980.10.48
-0.31-0.220.31-0.33-0.33-0.48-0.32-0.350.2-0.35-0.030.2-0.2-0.24-0.22-0.33-0.29-0.27-0.39-0.15-0.060.32-0.32-0.790.05
0.880.710.60.840.880.820.670.750.030.9-0.150.030.720.550.80.75-0.290.840.820.680.40.330.75-0.150.69
0.970.960.420.960.910.910.870.830.140.96-0.120.140.850.20.980.84-0.270.840.90.830.650.340.870.090.67
0.960.770.230.960.980.990.740.94-0.010.95-0.04-0.010.940.140.820.95-0.390.820.90.840.410.030.970.150.58
0.870.770.150.890.870.80.50.90.460.77-0.120.460.880.00.760.89-0.150.680.830.840.42-0.030.89-0.020.49
0.530.780.290.580.40.460.670.280.190.54-0.190.190.41-0.040.660.3-0.060.40.650.410.420.390.380.020.34
0.210.420.630.170.080.030.54-0.04-0.210.29-0.07-0.210.050.310.45-0.030.320.330.340.03-0.030.39-0.04-0.350.4
0.950.740.130.950.970.960.680.970.050.910.00.050.960.070.780.98-0.320.750.870.970.890.38-0.040.130.54
0.060.14-0.520.070.040.220.210.08-0.140.090.19-0.14-0.01-0.190.10.1-0.79-0.150.090.15-0.020.02-0.350.13-0.18
0.660.590.760.580.620.560.530.460.180.680.050.180.470.540.70.480.050.690.670.580.490.340.40.54-0.18
Click cells to compare fundamentals

Albemarle Corp Account Relationship Matchups

Albemarle Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets9.9B10.5B11.0B15.5B18.3B19.2B
Short Long Term Debt Total3.1B3.6B2.4B3.2B4.3B4.5B
Other Current Liab624.4M459.4M836.4M516.5M555.2M313.0M
Total Current Liabilities1.4B1.8B1.9B2.7B3.6B3.7B
Total Stockholder Equity3.9B4.3B5.6B8.0B9.4B9.9B
Property Plant And Equipment Net4.9B5.4B5.9B7.0B9.6B10.1B
Net Debt2.5B2.8B2.0B1.7B3.4B3.6B
Accounts Payable574.1M483.2M648.0M2.1B2.1B2.2B
Cash613.1M746.7M439.3M1.5B889.9M500.1M
Non Current Assets Total7.6B8.2B9.0B10.3B13.1B13.7B
Non Currrent Assets Other197.8M199.0M233.4M204.1M125.5M148.0M
Cash And Short Term Investments613.1M746.7M439.3M1.5B889.9M500.1M
Net Receivables680.2M530.8M623.1M1.2B1.8B1.9B
Common Stock Shares Outstanding106.3M106.8M116.5M117.8M117.8M81.9M
Liabilities And Stockholders Equity9.9B10.5B11.0B15.5B18.3B19.2B
Non Current Liabilities Total4.4B4.2B3.3B4.5B5.0B5.3B
Inventory769.0M750.2M812.9M2.1B2.2B2.3B
Other Current Assets162.8M178.4M132.7M420.8M330.5M448.4M
Other Stockholder Equity1.4B1.4B2.9B2.9B3.0B3.1B
Total Liab5.8B6.0B5.2B7.3B8.6B9.0B
Property Plant And Equipment Gross6.8B5.5B8.1B9.4B12.4B13.0B
Total Current Assets2.2B2.2B2.0B5.2B5.2B5.5B
Accumulated Other Comprehensive Income(395.7M)(326.1M)(392.5M)(560.7M)(528.5M)(502.1M)
Short Term Debt210.5M827.0M389.9M37.6M662.1M695.2M
Intangible Assets354.6M349.1M308.9M287.9M261.9M280.7M
Retained Earnings2.9B3.2B3.1B5.6B7.0B7.3B
Current Deferred Revenue(418.5M)(522.5M)394.9M(5.8M)(5.2M)(5.4M)
Common Stock Total Equity1.1M1.1M1.2M1.2M1.3M876.9K
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
Property Plant Equipment5.0B5.4B5.9B7.1B8.2B8.6B
Net Tangible Assets2.0B4.3B3.7B8.0B9.2B9.6B
Long Term Debt Total2.9B2.8B2.0B3.2B3.7B2.1B

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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 Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
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.