Albemarle is trading at 48.43 as of the 28th of November 2024, a 0.45% down since the beginning of the trading day. The stock's open price was 48.65. Albemarle has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for Albemarle are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of October 2024 and ending today, the 28th of November 2024. Click here to learn more.
Category
Basic Materials
Albemarle is entity of United States. It is traded as Stock on NYSE exchange. More on Albemarle
Albemarle can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Albemarle's financial leverage. It provides some insight into what part of Albemarle's total assets is financed by creditors.
LiquidityAlbemarle has accumulated 625.76 M in total debt. Note, when we think about Albemarle's use of debt, we should always consider it together with its cash and equity.
Albemarle (ALB-PA) is traded on New York Stock Exchange in USA. It is located in 4250 Congress Street, Charlotte, NC, United States, 28209 and employs 9,000 people. Albemarle is listed under Chemicals category by Fama And French industry classification. The company operates under Basic Materials sector and is part of Specialty Chemicals industry.
Albemarle generates positive cash flow from operations, but has no cash available
Check Albemarle Probability Of Bankruptcy
The danger of trading Albemarle is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Albemarle is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Albemarle. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Albemarle is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Other Information on Investing in Albemarle Stock
Albemarle financial ratios help investors to determine whether Albemarle Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Albemarle with respect to the benefits of owning Albemarle security.