Albemarle Long Term Debt vs Net Receivables 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 Long Term Debt 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 board of governors.

Long Term Debt vs Net Receivables

Long Term Debt vs Net Receivables Correlation Analysis

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

The correlation between Albemarle's Long Term Debt and Net Receivables is 0.77. Overlapping area represents the amount of variation of Long Term Debt 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 Long Term Debt 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 Long Term Debt 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 Long Term Debt i.e., Albemarle's Long Term Debt and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.77

Relationship Direction	Positive
Relationship Strength	Significant

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Long Term Debt

Long-term debt is a debt that Albemarle has held for over one year. Long-term debt appears on Albemarle balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Albemarle balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

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 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 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

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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.

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Albemarle Long Term Debt vs Net Receivables Analysis

Long Term Debt vs Net Receivables

Long Term Debt vs Net Receivables Correlation Analysis

Correlation Coefficient

Long Term Debt

Net Receivables

Albemarle fundamental ratios Correlations

Albemarle Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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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