Albemarle Good Will vs Long Term Investments Analysis

ALB-PA Stock

47.47 1.84 3.73%

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 Good Will and its Long Term Investments 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.

Good Will vs Long Term Investments

Good Will vs Long Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Albemarle Good Will account and Long Term Investments. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Albemarle's Good Will and Long Term Investments is -0.55. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Long Term Investments in the same time period over historical financial statements of Albemarle, assuming nothing else is changed. The correlation between historical values of Albemarle's Good Will and Long Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Albemarle are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Good Will i.e., Albemarle's Good Will and Long Term Investments go up and down completely randomly.

Correlation Coefficient

-0.55

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Long Term Investments

Long Term Investments is an item on the asset side of Albemarle balance sheet that represents investments Albemarle intends to hold for over a year. Albemarle long term investments may include different instruments such as stocks, bonds, real estate and cash.

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 11, 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 Profit	998.0M	3.1B	1.2B	1.7B
Total Revenue	3.3B	7.3B	9.6B	6.4B

Gross Profit Total Revenue

Albemarle fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Net Receivables	Good Will	Common Stock Shares Outstanding	Non Current Liabilities Total	Capital Lease Obligations	Inventory	Other Current Assets	Total Liab	Net Invested Capital	Long Term Investments	Property Plant And Equipment Gross	Short Long Term Debt	Total Current Assets	Capital Stock	Non Current Liabilities Other
Total Assets		1.0	0.99	0.98	-0.08	1.0	0.97	0.62	0.98	0.91	0.77	0.98	-0.51	0.8	0.74	-0.63	0.98	-0.8	0.95	1.0	0.97	0.98	-0.65	0.97	0.8	0.88
Total Current Liabilities	1.0		0.98	0.99	-0.01	1.0	0.96	0.58	0.99	0.94	0.78	0.96	-0.47	0.76	0.76	-0.58	0.96	-0.77	0.96	1.0	0.96	0.99	-0.59	0.95	0.76	0.88
Total Stockholder Equity	0.99	0.98		0.97	-0.21	0.97	0.98	0.59	0.97	0.9	0.66	0.97	-0.52	0.85	0.62	-0.59	0.97	-0.88	0.89	0.98	1.0	0.97	-0.74	0.95	0.85	0.92
Property Plant And Equipment Net	0.98	0.99	0.97		0.04	0.97	0.91	0.45	1.0	0.98	0.71	0.91	-0.51	0.79	0.7	-0.51	0.92	-0.79	0.93	0.98	0.96	1.0	-0.54	0.9	0.79	0.93
Net Debt	-0.08	-0.01	-0.21	0.04		-0.05	-0.27	-0.37	0.01	0.14	0.32	-0.23	0.18	-0.39	0.41	0.19	-0.22	0.52	0.17	-0.04	-0.24	0.03	0.8	-0.2	-0.39	-0.15
Retained Earnings	1.0	1.0	0.97	0.97	-0.05		0.97	0.65	0.97	0.9	0.81	0.98	-0.45	0.74	0.78	-0.62	0.98	-0.75	0.97	1.0	0.95	0.97	-0.62	0.98	0.74	0.84
Accounts Payable	0.97	0.96	0.98	0.91	-0.27	0.97		0.75	0.92	0.81	0.73	1.0	-0.47	0.79	0.68	-0.67	1.0	-0.82	0.9	0.96	0.96	0.91	-0.78	0.99	0.79	0.82
Cash	0.62	0.58	0.59	0.45	-0.37	0.65	0.75		0.47	0.26	0.72	0.76	-0.27	0.42	0.64	-0.8	0.75	-0.38	0.64	0.61	0.54	0.46	-0.67	0.79	0.42	0.27
Non Current Assets Total	0.98	0.99	0.97	1.0	0.01	0.97	0.92	0.47		0.97	0.71	0.92	-0.54	0.81	0.69	-0.54	0.93	-0.81	0.92	0.98	0.97	1.0	-0.57	0.91	0.81	0.94
Non Currrent Assets Other	0.91	0.94	0.9	0.98	0.14	0.9	0.81	0.26	0.97		0.61	0.81	-0.46	0.73	0.62	-0.35	0.82	-0.76	0.86	0.92	0.91	0.97	-0.42	0.79	0.73	0.93
Long Term Debt	0.77	0.78	0.66	0.71	0.32	0.81	0.73	0.72	0.71	0.61		0.77	-0.27	0.35	0.99	-0.68	0.77	-0.25	0.92	0.79	0.6	0.71	-0.23	0.81	0.35	0.42
Net Receivables	0.98	0.96	0.97	0.91	-0.23	0.98	1.0	0.76	0.92	0.81	0.77		-0.47	0.77	0.72	-0.68	1.0	-0.79	0.92	0.97	0.95	0.92	-0.75	1.0	0.77	0.81
Good Will	-0.51	-0.47	-0.52	-0.51	0.18	-0.45	-0.47	-0.27	-0.54	-0.46	-0.27	-0.47		-0.85	-0.3	0.75	-0.45	0.62	-0.43	-0.49	-0.55	-0.52	0.54	-0.43	-0.85	-0.66
Common Stock Shares Outstanding	0.8	0.76	0.85	0.79	-0.39	0.74	0.79	0.42	0.81	0.73	0.35	0.77	-0.85		0.34	-0.67	0.76	-0.93	0.63	0.78	0.87	0.8	-0.81	0.73	1.0	0.91
Non Current Liabilities Total	0.74	0.76	0.62	0.7	0.41	0.78	0.68	0.64	0.69	0.62	0.99	0.72	-0.3	0.34		-0.67	0.72	-0.21	0.91	0.76	0.57	0.7	-0.15	0.76	0.34	0.42
Capital Lease Obligations	-0.63	-0.58	-0.59	-0.51	0.19	-0.62	-0.67	-0.8	-0.54	-0.35	-0.68	-0.68	0.75	-0.67	-0.67		-0.67	0.45	-0.66	-0.62	-0.56	-0.53	0.61	-0.7	-0.67	-0.44
Inventory	0.98	0.96	0.97	0.92	-0.22	0.98	1.0	0.75	0.93	0.82	0.77	1.0	-0.45	0.76	0.72	-0.67		-0.79	0.92	0.97	0.95	0.92	-0.74	1.0	0.76	0.81
Other Current Assets	-0.8	-0.77	-0.88	-0.79	0.52	-0.75	-0.82	-0.38	-0.81	-0.76	-0.25	-0.79	0.62	-0.93	-0.21	0.45	-0.79		-0.58	-0.78	-0.91	-0.8	0.86	-0.74	-0.93	-0.92
Total Liab	0.95	0.96	0.89	0.93	0.17	0.97	0.9	0.64	0.92	0.86	0.92	0.92	-0.43	0.63	0.91	-0.66	0.92	-0.58		0.96	0.85	0.93	-0.44	0.93	0.63	0.74
Net Invested Capital	1.0	1.0	0.98	0.98	-0.04	1.0	0.96	0.61	0.98	0.92	0.79	0.97	-0.49	0.78	0.76	-0.62	0.97	-0.78	0.96		0.97	0.98	-0.62	0.96	0.78	0.87
Long Term Investments	0.97	0.96	1.0	0.96	-0.24	0.95	0.96	0.54	0.97	0.91	0.6	0.95	-0.55	0.87	0.57	-0.56	0.95	-0.91	0.85	0.97		0.96	-0.75	0.93	0.87	0.94
Property Plant And Equipment Gross	0.98	0.99	0.97	1.0	0.03	0.97	0.91	0.46	1.0	0.97	0.71	0.92	-0.52	0.8	0.7	-0.53	0.92	-0.8	0.93	0.98	0.96		-0.55	0.9	0.8	0.93
Short Long Term Debt	-0.65	-0.59	-0.74	-0.54	0.8	-0.62	-0.78	-0.67	-0.57	-0.42	-0.23	-0.75	0.54	-0.81	-0.15	0.61	-0.74	0.86	-0.44	-0.62	-0.75	-0.55		-0.72	-0.81	-0.64
Total Current Assets	0.97	0.95	0.95	0.9	-0.2	0.98	0.99	0.79	0.91	0.79	0.81	1.0	-0.43	0.73	0.76	-0.7	1.0	-0.74	0.93	0.96	0.93	0.9	-0.72		0.73	0.76
Capital Stock	0.8	0.76	0.85	0.79	-0.39	0.74	0.79	0.42	0.81	0.73	0.35	0.77	-0.85	1.0	0.34	-0.67	0.76	-0.93	0.63	0.78	0.87	0.8	-0.81	0.73		0.91
Non Current Liabilities Other	0.88	0.88	0.92	0.93	-0.15	0.84	0.82	0.27	0.94	0.93	0.42	0.81	-0.66	0.91	0.42	-0.44	0.81	-0.92	0.74	0.87	0.94	0.93	-0.64	0.76	0.91

Click cells to compare fundamentals

Albemarle Account Relationship Matchups

Also Currently Popular

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.

C	Citigroup
GM	General Motors
F	Ford Motor

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Albemarle Good Will vs Long Term Investments Analysis

Good Will vs Long Term Investments

Good Will vs Long Term Investments Correlation Analysis

Correlation Coefficient

Good Will

Long Term Investments

Albemarle fundamental ratios Correlations

Albemarle Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Also Currently Popular

Other Information on Investing in Albemarle Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Liabilities	+ 1.0	Total Assets
Retained Earnings	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Assets
Retained Earnings	+ 1.0	Total Current Liabilities
Net Invested Capital	+ 1.0	Total Current Liabilities
Long Term Investments	+ 1.0	Total Stockholder Equity

Capital Stock	- 0.93	Other Current Assets
Other Current Assets	- 0.93	Common Stock Shares Outstanding
Non Current Liabilities Other	- 0.92	Other Current Assets
Long Term Investments	- 0.91	Other Current Assets
Other Current Assets	- 0.88	Total Stockholder Equity
Capital Stock	- 0.85	Good Will