Albemarle Capital Stock vs Short Long Term Debt Analysis

ALB-PA Stock   49.40  0.46  0.92%   
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 Short Long Term Debt 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 board of governors.

Capital Stock vs Short Long Term Debt

Capital Stock vs Short Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Albemarle Capital Stock account and Short Long Term Debt. At this time, the significance of the direction appears to have pay attention.
The correlation between Albemarle's Capital Stock and Short Long Term Debt is -0.81. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Short Long Term Debt 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 Short Long Term Debt 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 Short Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt has no effect on the direction of Capital Stock i.e., Albemarle's Capital Stock and Short Long Term Debt go up and down completely randomly.

Correlation Coefficient

-0.81
Relationship DirectionNegative 
Relationship StrengthSignificant

Capital Stock

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

Short Long Term Debt

The total of a company's short-term and long-term borrowings.
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 board of governors.
As of December 4, 2024, Tax Provision is expected to decline to about 248.8 M. In addition to that, Selling General Administrative is expected to decline to about 636.6 M
 2021 2022 2023 2024 (projected)
Gross Profit998.0M3.1B1.2B1.7B
Total Revenue3.3B7.3B9.6B6.4B

Albemarle fundamental ratios Correlations

1.00.990.98-0.081.00.970.620.980.910.770.98-0.510.80.74-0.630.98-0.80.951.00.970.98-0.650.970.80.88
1.00.980.99-0.011.00.960.580.990.940.780.96-0.470.760.76-0.580.96-0.770.961.00.960.99-0.590.950.760.88
0.990.980.97-0.210.970.980.590.970.90.660.97-0.520.850.62-0.590.97-0.880.890.981.00.97-0.740.950.850.92
0.980.990.970.040.970.910.451.00.980.710.91-0.510.790.7-0.510.92-0.790.930.980.961.0-0.540.90.790.93
-0.08-0.01-0.210.04-0.05-0.27-0.370.010.140.32-0.230.18-0.390.410.19-0.220.520.17-0.04-0.240.030.8-0.2-0.39-0.15
1.01.00.970.97-0.050.970.650.970.90.810.98-0.450.740.78-0.620.98-0.750.971.00.950.97-0.620.980.740.84
0.970.960.980.91-0.270.970.750.920.810.731.0-0.470.790.68-0.671.0-0.820.90.960.960.91-0.780.990.790.82
0.620.580.590.45-0.370.650.750.470.260.720.76-0.270.420.64-0.80.75-0.380.640.610.540.46-0.670.790.420.27
0.980.990.971.00.010.970.920.470.970.710.92-0.540.810.69-0.540.93-0.810.920.980.971.0-0.570.910.810.94
0.910.940.90.980.140.90.810.260.970.610.81-0.460.730.62-0.350.82-0.760.860.920.910.97-0.420.790.730.93
0.770.780.660.710.320.810.730.720.710.610.77-0.270.350.99-0.680.77-0.250.920.790.60.71-0.230.810.350.42
0.980.960.970.91-0.230.981.00.760.920.810.77-0.470.770.72-0.681.0-0.790.920.970.950.92-0.751.00.770.81
-0.51-0.47-0.52-0.510.18-0.45-0.47-0.27-0.54-0.46-0.27-0.47-0.85-0.30.75-0.450.62-0.43-0.49-0.55-0.520.54-0.43-0.85-0.66
0.80.760.850.79-0.390.740.790.420.810.730.350.77-0.850.34-0.670.76-0.930.630.780.870.8-0.810.731.00.91
0.740.760.620.70.410.780.680.640.690.620.990.72-0.30.34-0.670.72-0.210.910.760.570.7-0.150.760.340.42
-0.63-0.58-0.59-0.510.19-0.62-0.67-0.8-0.54-0.35-0.68-0.680.75-0.67-0.67-0.670.45-0.66-0.62-0.56-0.530.61-0.7-0.67-0.44
0.980.960.970.92-0.220.981.00.750.930.820.771.0-0.450.760.72-0.67-0.790.920.970.950.92-0.741.00.760.81
-0.8-0.77-0.88-0.790.52-0.75-0.82-0.38-0.81-0.76-0.25-0.790.62-0.93-0.210.45-0.79-0.58-0.78-0.91-0.80.86-0.74-0.93-0.92
0.950.960.890.930.170.970.90.640.920.860.920.92-0.430.630.91-0.660.92-0.580.960.850.93-0.440.930.630.74
1.01.00.980.98-0.041.00.960.610.980.920.790.97-0.490.780.76-0.620.97-0.780.960.970.98-0.620.960.780.87
0.970.961.00.96-0.240.950.960.540.970.910.60.95-0.550.870.57-0.560.95-0.910.850.970.96-0.750.930.870.94
0.980.990.971.00.030.970.910.461.00.970.710.92-0.520.80.7-0.530.92-0.80.930.980.96-0.550.90.80.93
-0.65-0.59-0.74-0.540.8-0.62-0.78-0.67-0.57-0.42-0.23-0.750.54-0.81-0.150.61-0.740.86-0.44-0.62-0.75-0.55-0.72-0.81-0.64
0.970.950.950.9-0.20.980.990.790.910.790.811.0-0.430.730.76-0.71.0-0.740.930.960.930.9-0.720.730.76
0.80.760.850.79-0.390.740.790.420.810.730.350.77-0.851.00.34-0.670.76-0.930.630.780.870.8-0.810.730.91
0.880.880.920.93-0.150.840.820.270.940.930.420.81-0.660.910.42-0.440.81-0.920.740.870.940.93-0.640.760.91
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Albemarle Account Relationship Matchups

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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.