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Albemarle (MEX:ALB) Debt-to-Revenue : 0.66 (As of Sep. 2024)


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What is Albemarle Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

Albemarle's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was MXN59 Mil. Albemarle's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was MXN70,215 Mil. Albemarle's annualized Revenue for the quarter that ended in Sep. 2024 was MXN106,697 Mil. Albemarle's annualized Debt-to-Revenue for the quarter that ended in Sep. 2024 was 0.66.


Albemarle Debt-to-Revenue Historical Data

The historical data trend for Albemarle's Debt-to-Revenue 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.

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Albemarle Debt-to-Revenue Chart

Albemarle Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.88 1.18 0.76 0.45 0.45

Albemarle Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Debt-to-Revenue Get a 7-Day Free Trial 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 0.40 0.45 0.65 0.62 0.66

Competitive Comparison of Albemarle's Debt-to-Revenue

For the Specialty Chemicals subindustry, Albemarle's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue 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's Debt-to-Revenue Distribution in the Chemicals Industry

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

* The bar in red indicates where Albemarle's Debt-to-Revenue falls into.



Albemarle Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

Albemarle's Debt-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(10621.822 + 62035.496) / 163244.789
=0.45

Albemarle's annualized Debt-to-Revenue for the quarter that ended in Sep. 2024 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(59.307 + 70215.413) / 106697.168
=0.66

* 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.

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Sep. 2024) Revenue data.


Albemarle Debt-to-Revenue Related Terms

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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 US and two hard rock mines in Australia, both of which are joint ventures. The company operates lithium refining plants in Chile, the US, 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.