ALB
Price:
$76.9
Market Cap:
$9.04B
Albemarle Corporation develops, manufactures, and markets engineered specialty chemicals worldwide. It operates through three segments: Lithium, Bromine, and Catalysts. The Lithium segment offers lithium compounds, including lithium carbonate, lithium hydroxide, lithium chloride, and lithium specialties; and reagents, such as butyllithium and lithium aluminum hydride for use in lithium batteries for consumer electronics and electric vehicles, high performance greases, thermoplastic elastomers for car tires, rubber soles, plastic bottles, catalysts for chemical reactions, organic synthesis processes in the areas of steroid chemistry and vitamins, life sciences, pharmaceutical industry, and ot...[Read more]
Industry
Chemicals - Specialty
IPO Date
1994-02-22
Stock Exchange
NYSE
Ticker
ALB
According to Albemarle Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 2.67. This represents a change of 21.55% compared to the average of 2.20 of the last 4 quarters.
The mean historical Current Ratio of Albemarle Corporation over the last ten years is 1.80. The current 2.67 Current Ratio has changed 14.76% with respect to the historical average. Over the past ten years (40 quarters), ALB's Current Ratio was at its highest in in the December 2014 quarter at 2.94. The Current Ratio was at its lowest in in the December 2021 quarter at 1.07.
Average
1.80
Median
1.63
Minimum
1.07
Maximum
2.94
Discovering the peaks and valleys of Albemarle Corporation Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 156.08%
Maximum Annual Current Ratio = 2.94
Minimum Annual Increase = -61.45%
Minimum Annual Current Ratio = 1.07
Year | Current Ratio | Change |
---|---|---|
2023 | 1.47 | -22.57% |
2022 | 1.89 | 76.64% |
2021 | 1.07 | -12.50% |
2020 | 1.22 | -22.47% |
2019 | 1.58 | -6.50% |
2018 | 1.69 | -18.13% |
2017 | 2.06 | -28.87% |
2016 | 2.90 | 156.08% |
2015 | 1.13 | -61.45% |
2014 | 2.94 | -13.55% |
The current Current Ratio of Albemarle Corporation (ALB) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
1.48
5-year avg
1.45
10-year avg
1.80
Albemarle Corporation’s Current Ratio is less than Livent Corporation (3.46), greater than Linde plc (0.95), greater than Air Products and Chemicals, Inc. (1.27), greater than DuPont de Nemours, Inc. (2.21), greater than Sociedad Química y Minera de Chile S.A. (2.19), less than Gevo, Inc. (10.22), greater than PPG Industries, Inc. (1.49), greater than The Sherwin-Williams Company (0.81), greater than Ecolab Inc. (1.50), greater than LyondellBasell Industries N.V. (2.10),
Company | Current Ratio | Market cap |
---|---|---|
3.46 | $2.97B | |
0.95 | $218.15B | |
1.27 | $59.74B | |
2.21 | $33.04B | |
2.19 | $9.72B | |
10.22 | $174.00M | |
1.49 | $29.11B | |
0.81 | $91.02B | |
1.50 | $69.73B | |
2.10 | $30.39B |
One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Albemarle Corporation using the financials and key metrics that matter to you in a single view.
The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:
Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.
Get your free trial here.
The easiest way to analyze a company like Albemarle Corporation or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.
Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.
Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.
What is the Current Ratio?
How can you use the Current Ratio?
What is Albemarle Corporation's Current Ratio?
How is the Current Ratio calculated for Albemarle Corporation (ALB)?
What is the highest Current Ratio for Albemarle Corporation (ALB)?
What is the 3-year average Current Ratio for Albemarle Corporation (ALB)?
What is the 5-year average Current Ratio for Albemarle Corporation (ALB)?
How does the current Current Ratio for Albemarle Corporation (ALB) compare to its historical average?