Albemarle Capital Stock vs Good Will 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 Good Will 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 Good Will

Capital Stock vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Albemarle Capital Stock account and Good Will. At this time, the significance of the direction appears to have pay attention.

The correlation between Albemarle's Capital Stock and Good Will is -0.85. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Good Will 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 Good Will 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 Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Capital Stock i.e., Albemarle's Capital Stock and Good Will go up and down completely randomly.

Correlation Coefficient

-0.85

Relationship Direction	Negative
Relationship Strength	Significant

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Capital Stock

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

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.

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 Capital Stock vs Good Will Analysis

Capital Stock vs Good Will

Capital Stock vs Good Will Correlation Analysis

Correlation Coefficient

Capital Stock

Good Will

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

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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