Albemarle Balance Sheet Health

Financial Health criteria checks 6/6

Albemarle has a total shareholder equity of $9.7B and total debt of $4.1B, which brings its debt-to-equity ratio to 42%. Its total assets and total liabilities are $18.3B and $8.6B respectively. Albemarle's EBIT is $467.1M making its interest coverage ratio 4.8. It has cash and short-term investments of $889.9M.

Key information

42.0%

Debt to equity ratio

US$4.06b

Debt

Interest coverage ratio4.8x
CashUS$889.90m
EquityUS$9.67b
Total liabilitiesUS$8.61b
Total assetsUS$18.27b

Recent financial health updates

Recent updates

At US$119, Is It Time To Put Albemarle Corporation (NYSE:ALB) On Your Watch List?

Mar 27
At US$119, Is It Time To Put Albemarle Corporation (NYSE:ALB) On Your Watch List?

Albemarle Is Losing Money, Lithium Market Turnaround Is Near (Rating Upgrade)

Mar 26

Albemarle: When A Growth Stock Was A Cyclical Stock All Along (Rating Upgrade)

Mar 04

Albemarle (NYSE:ALB) Is Due To Pay A Dividend Of $0.40

Feb 26
Albemarle (NYSE:ALB) Is Due To Pay A Dividend Of $0.40

Albemarle's (NYSE:ALB) Conservative Accounting Might Explain Soft Earnings

Feb 22
Albemarle's (NYSE:ALB) Conservative Accounting Might Explain Soft Earnings

Need To Know: Analysts Just Made A Substantial Cut To Their Albemarle Corporation (NYSE:ALB) Estimates

Feb 16
Need To Know: Analysts Just Made A Substantial Cut To Their Albemarle Corporation (NYSE:ALB) Estimates

Albemarle: It's Time To Look At Lithium

Feb 05

Albemarle: Overvaluation Amid Current Headwinds

Jan 30

Calculating The Intrinsic Value Of Albemarle Corporation (NYSE:ALB)

Jan 28
Calculating The Intrinsic Value Of Albemarle Corporation (NYSE:ALB)

Albemarle: There May Be More Pain

Jan 20

We Think Albemarle (NYSE:ALB) Can Stay On Top Of Its Debt

Jan 15
We Think Albemarle (NYSE:ALB) Can Stay On Top Of Its Debt

Albemarle: Take Advantage Of Lithium's Rocky Run

Jan 10

Investors Don't See Light At End Of Albemarle Corporation's (NYSE:ALB) Tunnel

Jan 01
Investors Don't See Light At End Of Albemarle Corporation's (NYSE:ALB) Tunnel

Albemarle: Buy This Dirt-Cheap Dividend Aristocrat Before Everyone Else Does

Dec 15

Rare Stock Picks In November 2023 - From 31 Discerning Analysts

Dec 07

Is Now The Time To Look At Buying Albemarle Corporation (NYSE:ALB)?

Dec 06
Is Now The Time To Look At Buying Albemarle Corporation (NYSE:ALB)?

Albemarle: More Pain Short Term

Nov 29

Returns Are Gaining Momentum At Albemarle (NYSE:ALB)

Nov 08
Returns Are Gaining Momentum At Albemarle (NYSE:ALB)

I Recently Bought Albemarle Stock And Here Is My Strategy

Nov 07

Is Albemarle Stock A Buy Amid Electric Car Market Expansion

Oct 27

Albemarle (NYSE:ALB) Is Paying Out A Dividend Of $0.40

Oct 27
Albemarle (NYSE:ALB) Is Paying Out A Dividend Of $0.40

Albemarle: Lithium Weakness Will Pass

Oct 19

Albemarle: Bottoming And Heading Higher From Here

Oct 13

Is Albemarle (NYSE:ALB) Using Too Much Debt?

Oct 09
Is Albemarle (NYSE:ALB) Using Too Much Debt?

Albemarle: Bigger Is Not Always Better

Oct 02

Is Now The Time To Put Albemarle (NYSE:ALB) On Your Watchlist?

Sep 25
Is Now The Time To Put Albemarle (NYSE:ALB) On Your Watchlist?

Albemarle: Top Of The Cycle, Bottom Of The Trough

Sep 14

Albemarle's Big Purchase Sets It Up For Long-Term Success

Sep 06

Should You Investigate Albemarle Corporation (NYSE:ALB) At US$190?

Aug 26
Should You Investigate Albemarle Corporation (NYSE:ALB) At US$190?

Albemarle: The Gift Is Back As Shares Plunge

Aug 25

We Like Albemarle's (NYSE:ALB) Returns And Here's How They're Trending

Jul 31
We Like Albemarle's (NYSE:ALB) Returns And Here's How They're Trending

Albemarle And SQM: These Amazing Stocks Entered High Quality And Bad Momentum Screener

Jul 31

Albemarle Vs. SQM: Better Lithium Investment

Jul 25

Albemarle: Shares Attractive On Valuation, But Bearish Technical Trends Seen

Jun 23

Is Albemarle (NYSE:ALB) A Risky Investment?

Jun 19
Is Albemarle (NYSE:ALB) A Risky Investment?

Albemarle: Great Growth Prospects, But Valuations Make It A Hold

May 23

Here's Why Albemarle (NYSE:ALB) Has Caught The Eye Of Investors

May 23
Here's Why Albemarle (NYSE:ALB) Has Caught The Eye Of Investors

Albemarle (NYSE:ALB) Is Very Good At Capital Allocation

Apr 22
Albemarle (NYSE:ALB) Is Very Good At Capital Allocation

Why Albemarle Corporation (NYSE:ALB) Could Be Worth Watching

Apr 10
Why Albemarle Corporation (NYSE:ALB) Could Be Worth Watching

Here's Why Albemarle (NYSE:ALB) Can Manage Its Debt Responsibly

Mar 13
Here's Why Albemarle (NYSE:ALB) Can Manage Its Debt Responsibly

Albemarle raises dividend by 1.3% to $0.40

Feb 23

Albemarle: A Picks And Shovels Play (Literally) For The EV Revolution

Feb 07

Industry Analysts Just Made A Captivating Upgrade To Their Albemarle Corporation (NYSE:ALB) Revenue Forecasts

Feb 01
Industry Analysts Just Made A Captivating Upgrade To Their Albemarle Corporation (NYSE:ALB) Revenue Forecasts

Albemarle: Just The Start

Jan 31

Does Albemarle (NYSE:ALB) Deserve A Spot On Your Watchlist?

Jan 23
Does Albemarle (NYSE:ALB) Deserve A Spot On Your Watchlist?

Financial Position Analysis

Short Term Liabilities: ALB's short term assets ($5.2B) exceed its short term liabilities ($3.6B).

Long Term Liabilities: ALB's short term assets ($5.2B) exceed its long term liabilities ($5.0B).


Debt to Equity History and Analysis

Debt Level: ALB's net debt to equity ratio (32.8%) is considered satisfactory.

Reducing Debt: ALB's debt to equity ratio has reduced from 45.2% to 42% over the past 5 years.

Debt Coverage: ALB's debt is well covered by operating cash flow (32.7%).

Interest Coverage: ALB's interest payments on its debt are well covered by EBIT (4.8x coverage).


Balance Sheet


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