Stock Analysis on Net

Albemarle Corp. (NYSE:ALB)

This company has been moved to the archive! The financial data has not been updated since May 3, 2023.

Balance Sheet: Assets
Quarterly Data

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Assets are resources controlled by the company as a result of past events and from which future economic benefits are expected to flow to the entity.

Albemarle Corp., consolidated balance sheet: assets (quarterly data)

US$ in thousands

Microsoft Excel
Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018
Cash and cash equivalents 1,586,734 1,499,142 1,382,803 930,596 463,325 439,272 595,049 823,572 569,859 746,724 702,073 736,696 553,228 613,110 317,823 398,183 465,274 555,320 641,226 908,144 692,188
Trade accounts receivable, less allowance for doubtful accounts 1,351,915 1,190,970 1,035,117 962,215 658,733 556,922 520,746 455,222 532,964 530,838 516,166 517,626 518,703 612,651 637,037 624,808 603,542 605,712 550,788 571,032 606,968
Other accounts receivable 312,560 185,819 135,709 124,409 71,225 66,184 56,298 58,256 60,558 61,958 61,522 76,957 73,765 67,551 86,556 105,207 57,019 52,059 41,961 44,451 43,410
Inventories 3,180,825 2,076,031 1,614,299 1,216,213 1,013,793 812,920 745,598 732,563 685,779 750,237 828,080 851,256 853,500 768,984 802,434 814,022 756,193 700,540 727,381 665,522 666,567
Other current assets 225,541 234,955 129,043 116,671 129,407 132,683 160,415 81,741 93,844 116,427 119,171 109,874 155,985 162,813 125,902 94,417 105,148 84,790 98,221 93,921 113,763
Assets held for sale 66,390 35,829
Current assets 6,657,575 5,186,917 4,296,971 3,350,104 2,336,483 2,007,981 2,078,106 2,151,354 2,009,394 2,206,184 2,227,012 2,292,409 2,155,181 2,225,109 1,969,752 2,036,637 1,987,176 1,998,421 2,059,577 2,283,070 2,158,725
Property, plant and equipment, at cost 9,830,257 9,354,330 8,713,771 8,465,403 8,238,317 8,074,746 7,783,962 7,596,684 7,433,593 7,427,641 7,284,575 7,138,969 6,973,817 6,817,843 5,406,123 5,248,994 4,983,385 4,799,063 4,571,779 4,375,335 4,247,345
Accumulated depreciation and amortization (2,476,768) (2,391,333) (2,288,664) (2,257,379) (2,209,664) (2,165,130) (2,128,485) (2,086,085) (2,043,264) (2,073,016) (2,041,851) (2,002,612) (1,947,848) (1,908,370) (1,882,086) (1,858,369) (1,813,195) (1,777,979) (1,746,414) (1,705,675) (1,678,139)
Net property, plant and equipment 7,353,489 6,962,997 6,425,107 6,208,024 6,028,653 5,909,616 5,655,477 5,510,599 5,390,329 5,354,625 5,242,724 5,136,357 5,025,969 4,909,473 3,524,037 3,390,625 3,170,190 3,021,084 2,825,365 2,669,660 2,569,206
Investments 1,391,229 1,150,553 1,158,535 903,861 937,619 897,708 902,504 907,080 663,448 656,244 603,745 614,145 543,670 579,813 551,657 541,014 563,030 528,722 535,292 519,518 524,687
Noncurrent assets held for sale 50,683 151,743
Other assets 243,405 250,558 217,057 230,346 240,279 252,239 251,786 256,081 212,258 219,268 211,534 213,223 219,202 213,061 200,858 186,592 211,073 80,135 78,054 75,108 78,619
Goodwill 1,634,152 1,617,627 1,467,848 1,542,767 1,575,617 1,597,627 1,623,471 1,640,720 1,629,169 1,665,520 1,603,049 1,571,280 1,559,055 1,578,785 1,534,241 1,566,464 1,561,092 1,567,169 1,590,906 1,585,500 1,643,746
Other intangibles, net of amortization 284,508 287,870 262,984 285,303 297,407 308,947 320,981 331,092 335,021 349,105 343,919 342,839 344,561 354,622 361,058 373,082 378,501 386,143 398,001 405,507 429,614
Noncurrent assets 10,906,783 10,269,605 9,531,531 9,170,301 9,079,575 8,966,137 8,754,219 8,645,572 8,280,908 8,244,762 8,004,971 7,877,844 7,692,457 7,635,754 6,171,851 6,057,777 5,883,886 5,583,253 5,427,618 5,255,293 5,397,615
Total assets 17,564,358 15,456,522 13,828,502 12,520,405 11,416,058 10,974,118 10,832,325 10,796,926 10,290,302 10,450,946 10,231,983 10,170,253 9,847,638 9,860,863 8,141,603 8,094,414 7,871,062 7,581,674 7,487,195 7,538,363 7,556,340

Based on: 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31).


Assets: Selected Items

Balance sheet item Description The company
Current assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Albemarle Corp. current assets increased from Q3 2022 to Q4 2022 and from Q4 2022 to Q1 2023.
Net property, plant and equipment Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. Albemarle Corp. net property, plant and equipment increased from Q3 2022 to Q4 2022 and from Q4 2022 to Q1 2023.
Noncurrent assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold or consumed after one year or beyond the normal operating cycle, if longer. Albemarle Corp. noncurrent assets increased from Q3 2022 to Q4 2022 and from Q4 2022 to Q1 2023.
Total assets Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Albemarle Corp. total assets increased from Q3 2022 to Q4 2022 and from Q4 2022 to Q1 2023.

Current Assets: Selected Items

Balance sheet item Description The company
Cash and cash equivalents Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Albemarle Corp. cash and cash equivalents increased from Q3 2022 to Q4 2022 and from Q4 2022 to Q1 2023.
Trade accounts receivable, less allowance for doubtful accounts Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection. Albemarle Corp. trade accounts receivable, less allowance for doubtful accounts increased from Q3 2022 to Q4 2022 and from Q4 2022 to Q1 2023.
Inventories Amount after valuation and LIFO reserves of inventory expected to be sold, or consumed within one year or operating cycle, if longer. Albemarle Corp. inventories increased from Q3 2022 to Q4 2022 and from Q4 2022 to Q1 2023.