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Albemarle (Albemarle) Equity-to-Asset

: 0.52 (As of Dec. 2023)
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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Albemarle's Total Stockholders Equity for the quarter that ended in Dec. 2023 was USD9,412 Mil. Albemarle's Total Assets for the quarter that ended in Dec. 2023 was USD18,271 Mil. Therefore, Albemarle's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.52.

The historical rank and industry rank for Albemarle's Equity-to-Asset or its related term are showing as below:

ALB' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.26   Med: 0.47   Max: 0.52
Current: 0.52

During the past 13 years, the highest Equity to Asset Ratio of Albemarle was 0.52. The lowest was 0.26. And the median was 0.47.

ALB's Equity-to-Asset is ranked worse than
59.68% of 1570 companies
in the Chemicals industry
Industry Median: 0.59 vs ALB: 0.52

Albemarle Equity-to-Asset Historical Data

The historical data trend for Albemarle's Equity-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Albemarle Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.40 0.41 0.51 0.52 0.52

Albemarle Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Equity-to-Asset Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.52 0.53 0.51 0.52 0.52

Competitive Comparison

For the Specialty Chemicals subindustry, Albemarle's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Albemarle Equity-to-Asset Distribution

For the Chemicals industry and Basic Materials sector, Albemarle's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Albemarle's Equity-to-Asset falls into.



Albemarle Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Albemarle's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=9412.18/18270.652
=0.52

Albemarle's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=9412.18/18270.652
=0.52

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Albemarle  (NYSE:ALB) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Albemarle Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Albemarle's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Albemarle (Albemarle) Business Description

Address
4250 Congress Street, Suite 900, Charlotte, NC, USA, 28209
Albemarle is one of the world's largest lithium producers. In the lithium industry, the majority of demand comes from batteries, where lithium is used as the energy storage material, particularly in electric vehicles. Albemarle is a fully integrated lithium producer. Its upstream resources include salt brine deposits in Chile and the U.S. and two hard rock mines in Australia, both of which are joint ventures. The company operates lithium refining plants in Chile, the U.S., Australia, and China. Albemarle is a global leader in the production of bromine, used in flame retardants. It is also a major producer of oil refining catalysts.
Executives
Kristin M Coleman officer: EVP, General Counsel 140 HAZEL AVE., GLENCOE IL 60022
Neal Ravi Sheorey officer: Chief Financial Officer 4250 CONGRESS STREET, SUITE 900, CHARLOTTE NC 28209
Michael James Simmons officer: President - Ketjen 301 COMMERCE STREET, SUITE 3200, FORT WORTH TX 76102
Eric Norris officer: President, Lithium 1519 AUDUBON ROAD, CHARLOTTE NC 28211
J Kent Masters director ALBEMARLE CORP., 451 FLORIDA ST, BATON ROUGE LA 70801
Sean B. O'hollaren officer: Chief External Affairs Officer 4250 CONGRESS STREET, SUITE 900, CHARLOTTE NC 28209
Jacobus G. Fourie officer: Chief Capital Projects Officer 4250 CONGRESS STREET, SUITE 900, CHARLOTTE NC 28209
Scott Tozier officer: EVP & CFO ALBEMARLE CORP, 4250 CONGRESS ST STE 900, CHARLOTTE NC 28209
Karen G Narwold officer: EVP, Chief Admin Officer ALBEMARLE CORPORATION, 4250 CONGRESS ST, SUITE 900, CHARLOTTE NC 28209
Raphael Goszcz Crawford officer: President, Catalysts 4311 GREENBRIAR HILLS PLANTATION RD, CHARLOTTE NC 28277
Ralf Hans Cramer director MIERENDORSFSTRASSE 26, BENSHEIM 2M 64625
Netha N. Johnson officer: President, Bromine Specialties 3489 CRESTMOOR DRIVE, WOODBURY MN 55125
Barichivich John Clarence Iii officer: VP, Controller & CAO 4250 CONGRESS ST., SUITE 900, CHARLOTTE NC 28209
Kissam Luther C Iv director, officer: Chairman, President & CEO 3801 BERESFORD ROAD, CHARLOTTE NC 28211
Melissa H. Anderson officer: SVP, Chief HR Officer ALBEMARLE CORPORATION, 4250 CONGRESS ST. SUITE 900, CHARLOTTE NC 28209

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