Stock Analysis on Net
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.

Common-Size Balance Sheet: Liabilities and Stockholders’ Equity

Albemarle Corp., common-size consolidated balance sheet: liabilities and stockholders’ equity

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Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Accounts payable 13.28 5.90 4.62 5.82 6.89
Employee benefits, payroll and related taxes 0.94 0.92 0.98 0.83 1.03
Dividend payable to noncontrolling interest 0.34 0.00 0.00 0.00 0.00
Settlement of prior legal matter 0.00 3.03 0.00 0.00 0.00
Wodgina Project acquisition consideration obligation 0.12 1.21 1.31 2.64 0.00
Other 1.87 1.80 1.92 2.37 2.37
Accrued expenses 3.27% 6.96% 4.22% 5.84% 3.39%
Current portion of long-term debt 0.01 3.55 7.70 1.90 4.05
Dividends payable 0.30 0.41 0.39 0.39 0.46
Income taxes payable 0.87 0.25 0.31 0.33 0.80
Current liabilities 17.73% 17.08% 17.24% 14.29% 15.61%
Long-term debt, excluding current portion 20.80 18.26 26.48 29.03 18.44
Postretirement benefits 0.21 0.40 0.46 0.52 0.61
Pension benefits 1.03 2.09 3.26 2.96 3.76
Transition tax on foreign earnings 1.24 2.13 2.61 3.08 4.19
Wodgina Project acquisition consideration obligation 0.00 0.00 0.00 1.23 0.00
Noncurrent operating lease liabilities 0.64 1.16 1.12 1.16 0.00
Liabilities related to uncertain tax positions 0.54 0.25 0.14 0.21 0.30
Executive deferred compensation plan obligation 0.18 0.30 0.31 0.29 0.35
Environmental liabilities 0.20 0.34 0.35 0.34 0.53
Asset retirement obligations 0.51 0.69 0.72 0.57 0.55
Tax indemnification liability 0.43 0.61 0.29 0.31 0.60
Other 0.37 0.56 0.49 0.46 0.43
Other noncurrent liabilities 4.12% 6.05% 6.02% 7.65% 6.95%
Deferred income taxes 3.11 3.22 3.78 4.03 5.05
Noncurrent liabilities 29.27% 30.02% 40.00% 44.20% 34.81%
Total liabilities 47.01% 47.10% 57.24% 58.49% 50.42%
Common stock, $.01 par value 0.01 0.01 0.01 0.01 0.01
Additional paid-in capital 19.03 26.61 13.76 14.03 18.06
Accumulated other comprehensive loss -3.63 -3.58 -3.12 -4.01 -4.63
Retained earnings 36.24 28.22 30.19 29.85 33.85
Total Albemarle Corporation shareholders’ equity 51.65% 51.26% 40.84% 39.88% 47.29%
Noncontrolling interests 1.35 1.64 1.92 1.64 2.29
Total equity 52.99% 52.90% 42.76% 41.51% 49.58%
Total liabilities and equity 100.00% 100.00% 100.00% 100.00% 100.00%

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).

Balance sheet item Description The company
Current liabilities Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer. Albemarle Corp. current liabilities as a percentage of total liabilities and equity decreased from 2020 to 2021 but then increased from 2021 to 2022 exceeding 2020 level.
Noncurrent liabilities Amount of obligation due after one year or beyond the normal operating cycle, if longer. Albemarle Corp. noncurrent liabilities as a percentage of total liabilities and equity decreased from 2020 to 2021 and from 2021 to 2022.
Total liabilities Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future. Albemarle Corp. total liabilities as a percentage of total liabilities and equity decreased from 2020 to 2021 and from 2021 to 2022.
Total Albemarle Corporation shareholders’ equity Total of all stockholders’ equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity stockholders’ equity attributable to the parent excludes the amount of stockholders’ equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity. Albemarle Corp. total Albemarle Corporation shareholders’ equity as a percentage of total liabilities and equity increased from 2020 to 2021 and from 2021 to 2022.