Albemarle Corp Stock Working Capital
| ALB Stock | USD 114.21 1.92 1.71% |
Albemarle Corp fundamentals help investors to digest information that contributes to Albemarle Corp's financial success or failures. It also enables traders to predict the movement of Albemarle Stock. The fundamental analysis module provides a way to measure Albemarle Corp's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Albemarle Corp stock.
| Last Reported | Projected for Next Year | ||
| Net Working Capital | 1.7 B | 1.2 B | |
| Change In Working Capital | -1.6 B | -1.5 B | |
| Working Capital | 0.00 | 0.00 |
Albemarle | Working Capital |
Albemarle Corp Company Working Capital Analysis
Albemarle Corp's Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .
More About Working Capital | All Equity Analysis
Working Capital | = | Current Assets | - | Current Liabilities |
Current Albemarle Corp Working Capital | 1.66 B |
Most of Albemarle Corp's fundamental indicators, such as Working Capital, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Albemarle Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Albemarle Working Capital Driver Correlations
Understanding the fundamental principles of building solid financial models for Albemarle Corp is extremely important. It helps to project a fair market value of Albemarle Stock properly, considering its historical fundamentals such as Working Capital. Since Albemarle Corp's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Albemarle Corp's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Albemarle Corp's interrelated accounts and indicators.
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Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.
| Competition |
Albemarle Capital Surpluse
Capital Surpluse |
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In accordance with the company's disclosures, Albemarle Corp has a Working Capital of 1.66 B. This is 131.33% higher than that of the Chemicals sector and 214.25% higher than that of the Materials industry. The working capital for all United States stocks is 12.06% lower than that of the firm.
Albemarle Working Capital Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Albemarle Corp's direct or indirect competition against its Working Capital to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Albemarle Corp could also be used in its relative valuation, which is a method of valuing Albemarle Corp by comparing valuation metrics of similar companies.Albemarle Corp is currently under evaluation in working capital category among related companies.
Albemarle Corp ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Albemarle Corp's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Albemarle Corp's managers, analysts, and investors.Environment Score | Governance Score | Social Score |
Albemarle Fundamentals
| Return On Equity | 0.19 | ||||
| Return On Asset | 0.0173 | ||||
| Profit Margin | 0.16 % | ||||
| Operating Margin | (0.38) % | ||||
| Current Valuation | 17.08 B | ||||
| Shares Outstanding | 117.53 M | ||||
| Shares Owned By Insiders | 0.31 % | ||||
| Shares Owned By Institutions | 95.93 % | ||||
| Number Of Shares Shorted | 14.63 M | ||||
| Price To Earning | 21.52 X | ||||
| Price To Book | 1.53 X | ||||
| Price To Sales | 1.50 X | ||||
| Revenue | 9.62 B | ||||
| Gross Profit | 3.08 B | ||||
| EBITDA | 671.07 M | ||||
| Net Income | 1.57 B | ||||
| Cash And Equivalents | 1.5 B | ||||
| Cash Per Share | 11.80 X | ||||
| Total Debt | 4.31 B | ||||
| Debt To Equity | 0.50 % | ||||
| Current Ratio | 1.73 X | ||||
| Book Value Per Share | 80.20 X | ||||
| Cash Flow From Operations | 1.33 B | ||||
| Short Ratio | 3.27 X | ||||
| Earnings Per Share | 13.36 X | ||||
| Price To Earnings To Growth | 1.51 X | ||||
| Target Price | 149.34 | ||||
| Number Of Employees | 9 K | ||||
| Beta | 1.65 | ||||
| Market Capitalization | 13.42 B | ||||
| Total Asset | 18.27 B | ||||
| Retained Earnings | 6.99 B | ||||
| Working Capital | 1.66 B | ||||
| Current Asset | 1.83 B | ||||
| Current Liabilities | 1.62 B | ||||
| Annual Yield | 0.01 % | ||||
| Five Year Return | 1.34 % | ||||
| Net Asset | 18.27 B | ||||
| Last Dividend Paid | 1.6 |
About Albemarle Corp Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Albemarle Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Albemarle Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Albemarle Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Albemarle Corp
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Albemarle Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Albemarle Corp will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Albemarle Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Albemarle Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Albemarle Corp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Albemarle Corp to buy it.
The correlation of Albemarle Corp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Albemarle Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Albemarle Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Albemarle Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Albemarle Corp Piotroski F Score and Albemarle Corp Altman Z Score analysis. For information on how to trade Albemarle Stock refer to our How to Trade Albemarle Stock guide.You can also try the AI Investment Finder module to use AI to screen and filter profitable investment opportunities.
Complementary Tools for Albemarle Stock analysis
When running Albemarle Corp's price analysis, check to measure Albemarle Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Albemarle Corp is operating at the current time. Most of Albemarle Corp's value examination focuses on studying past and present price action to predict the probability of Albemarle Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Albemarle Corp's price. Additionally, you may evaluate how the addition of Albemarle Corp to your portfolios can decrease your overall portfolio volatility.
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Is Albemarle Corp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Albemarle Corp. If investors know Albemarle will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Albemarle Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.66) | Dividend Share 1.6 | Earnings Share 13.36 | Revenue Per Share 81.976 | Quarterly Revenue Growth (0.10) |
The market value of Albemarle Corp is measured differently than its book value, which is the value of Albemarle that is recorded on the company's balance sheet. Investors also form their own opinion of Albemarle Corp's value that differs from its market value or its book value, called intrinsic value, which is Albemarle Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Albemarle Corp's market value can be influenced by many factors that don't directly affect Albemarle Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Albemarle Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Albemarle Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Albemarle Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.