Albemarle Capital Stock vs Net Receivables Analysis

ALB-PA Stock   60.07  0.68  1.14%   
Albemarle financial indicator trend analysis is way more than just evaluating Albemarle prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Albemarle is a good investment. Please check the relationship between Albemarle Capital Stock and its Net Receivables accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Albemarle. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

Capital Stock vs Net Receivables

Capital Stock vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Albemarle Capital Stock account and Net Receivables. At this time, the significance of the direction appears to have weak relationship.
The correlation between Albemarle's Capital Stock and Net Receivables is 0.37. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Albemarle, assuming nothing else is changed. The correlation between historical values of Albemarle's Capital Stock and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Stock of Albemarle are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Capital Stock i.e., Albemarle's Capital Stock and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.37
Relationship DirectionPositive 
Relationship StrengthVery Weak

Capital Stock

The total amount of a company's capital funded by shareholders through the issue and subscription of shares.

Net Receivables

Most indicators from Albemarle's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Albemarle 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. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
The current year's Issuance Of Capital Stock is expected to grow to about 2.7 B, whereas Tax Provision is forecasted to decline to about 95.1 M.
 2023 2024 2025 2026 (projected)
Gross Profit1.2B62.5M56.3M53.5M
Total Revenue9.6B5.4B6.2B6.3B

Albemarle fundamental ratios Correlations

0.780.990.98-0.170.990.90.780.980.940.830.86-0.660.880.8-0.80.94-0.880.860.990.970.97-0.720.940.710.85
0.780.690.68-0.010.870.920.510.690.810.710.95-0.410.570.69-0.460.9-0.640.930.860.840.65-0.550.890.250.36
0.990.690.99-0.260.950.840.780.990.920.760.79-0.680.910.72-0.80.89-0.920.760.960.960.98-0.760.880.760.91
0.980.680.99-0.110.940.790.711.00.950.780.74-0.680.890.76-0.770.85-0.870.780.960.931.0-0.640.850.770.92
-0.17-0.01-0.26-0.11-0.13-0.3-0.38-0.120.020.2-0.250.2-0.320.290.24-0.260.510.14-0.12-0.28-0.120.78-0.24-0.16-0.21
0.990.870.950.94-0.130.940.770.940.930.860.92-0.590.810.82-0.750.97-0.830.921.00.970.93-0.70.970.610.75
0.90.920.840.79-0.30.940.760.80.810.750.99-0.510.720.7-0.670.99-0.80.890.930.930.77-0.80.990.430.55
0.780.510.780.71-0.380.770.760.720.520.80.73-0.510.670.74-0.880.8-0.620.670.750.70.72-0.740.830.610.66
0.980.690.991.0-0.120.940.80.720.950.790.75-0.690.90.76-0.780.86-0.880.780.960.941.0-0.660.850.780.92
0.940.810.920.950.020.930.810.520.950.720.78-0.610.810.72-0.60.85-0.840.830.950.940.93-0.550.830.620.79
0.830.710.760.780.20.860.750.80.790.720.75-0.480.60.99-0.780.81-0.480.910.850.720.78-0.390.840.560.61
0.860.950.790.74-0.250.920.990.730.750.780.75-0.480.660.71-0.640.98-0.740.910.90.90.72-0.750.980.370.47
-0.66-0.41-0.68-0.680.2-0.59-0.51-0.51-0.69-0.61-0.48-0.48-0.87-0.50.82-0.550.7-0.49-0.64-0.66-0.690.6-0.54-0.88-0.68
0.880.570.910.89-0.320.810.720.670.90.810.60.66-0.870.59-0.810.76-0.90.630.840.880.9-0.770.740.820.87
0.80.690.720.760.290.820.70.740.760.720.990.71-0.50.59-0.760.76-0.430.90.820.680.76-0.310.790.550.59
-0.8-0.46-0.8-0.770.24-0.75-0.67-0.88-0.78-0.6-0.78-0.640.82-0.81-0.76-0.720.67-0.65-0.76-0.71-0.780.68-0.75-0.87-0.76
0.940.90.890.85-0.260.970.990.80.860.850.810.98-0.550.760.76-0.72-0.820.910.960.950.83-0.781.00.50.63
-0.88-0.64-0.92-0.870.51-0.83-0.8-0.62-0.88-0.84-0.48-0.740.7-0.9-0.430.67-0.82-0.59-0.85-0.93-0.870.87-0.79-0.69-0.82
0.860.930.760.780.140.920.890.670.780.830.910.91-0.490.630.9-0.650.91-0.590.910.840.76-0.480.920.420.5
0.990.860.960.96-0.121.00.930.750.960.950.850.9-0.640.840.82-0.760.96-0.850.910.980.94-0.690.960.640.78
0.970.840.960.93-0.280.970.930.70.940.940.720.9-0.660.880.68-0.710.95-0.930.840.980.92-0.790.930.630.78
0.970.650.981.0-0.120.930.770.721.00.930.780.72-0.690.90.76-0.780.83-0.870.760.940.92-0.640.830.80.94
-0.72-0.55-0.76-0.640.78-0.7-0.8-0.74-0.66-0.55-0.39-0.750.6-0.77-0.310.68-0.780.87-0.48-0.69-0.79-0.64-0.77-0.53-0.59
0.940.890.880.85-0.240.970.990.830.850.830.840.98-0.540.740.79-0.751.0-0.790.920.960.930.83-0.770.510.63
0.710.250.760.77-0.160.610.430.610.780.620.560.37-0.880.820.55-0.870.5-0.690.420.640.630.8-0.530.510.87
0.850.360.910.92-0.210.750.550.660.920.790.610.47-0.680.870.59-0.760.63-0.820.50.780.780.94-0.590.630.87
Click cells to compare fundamentals

Albemarle Account Relationship Matchups

Albemarle fundamental ratios Accounts

202120222023202420252026 (projected)
Total Assets11.0B15.5B18.3B16.6B19.1B15.8B
Total Current Liabilities1.9B2.7B3.6B2.0B2.3B2.6B
Total Stockholder Equity5.6B8.0B9.4B10.0B11.5B8.2B
Property Plant And Equipment Net6.1B7.1B9.6B9.5B10.9B8.3B
Net Debt2.0B1.7B3.3B2.3B2.7B2.7B
Retained Earnings3.1B5.6B7.0B5.5B6.3B5.4B
Accounts Payable600.5M1.5B1.5B943.9M1.1B1.1B
Cash439.3M1.5B889.9M1.2B1.4B1.0B
Non Current Assets Total9.0B10.3B13.1B12.8B14.7B11.7B
Non Currrent Assets Other78.7M76.0M137.2M102.7M118.1M100.6M
Long Term Debt2.0B3.2B3.5B3.1B3.6B3.2B
Net Receivables556.9M1.2B1.2B742.2M853.5M931.5M
Good Will1.6B1.6B1.6B1.6B1.4B1.3B
Common Stock Shares Outstanding117.0M117.2M117.4M117.6M135.2M126.7M
Non Current Liabilities Total3.3B4.5B5.0B4.4B5.1B4.7B
Capital Lease Obligations127.0M99.3M113.7M99.5M89.6M89.0M
Inventory798.6M2.1B2.2B1.5B1.7B1.6B
Other Current Assets5.8M6.7M6.6M4.8M4.3M6.0M
Total Liab5.2B7.3B8.6B6.4B7.4B7.4B
Net Invested Capital8.0B11.2B13.6B11.2B12.9B11.4B
Long Term Investments912.0M1.2B1.4B1.1B1.3B1.1B
Property Plant And Equipment Gross8.2B9.5B12.4B12.6B14.5B11.1B
Short Long Term Debt389.9M2.1M625.8M398.0M358.2M355.3M
Total Current Assets2.0B5.2B5.2B3.8B4.4B4.1B
Capital Stock1.2M1.2M1.2M2.2B2.6B2.7B
Non Current Liabilities Other61.8M57.7M69.5M101.5M116.7M75.1M
Net Working Capital119.3M2.4B1.7B1.9B2.2B1.4B
Intangible Assets308.9M287.9M261.9M230.8M207.7M230.2M

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Other Information on Investing in Albemarle Stock

Balance Sheet is a snapshot of the financial position of Albemarle at a specified time, usually calculated after every quarter, six months, or one year. Albemarle Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Albemarle and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Albemarle currently owns. An asset can also be divided into two categories, current and non-current.