Albemarle Corporation
0.58 %
-50.11 %
Yet to be announced
Company Overview
Albemarle Corporation is a global specialty chemicals company that develops, manufactures, and markets a wide range of products including lithium compounds, bromine compounds, and catalysts. The company is one of the world's largest lithium producers, with significant operations in lithium mining and processing for electric vehicle batteries and energy storage systems. They also produce bromine-based products for flame retardants, drilling fluids, and other industrial applications.
Revenue Sources
PassBased on review of Albemarle's SEC filings and revenue sources, the company's primary revenue streams come from lithium, bromine, and catalysts products used in industrial and clean energy applications. None of these product categories or business segments involve haram activities like alcohol, gambling, pornography, or pork-related products.
Reliance on Interest
| Reporting Date | Total Revenue | Total Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| March 31, 2025 | $1.08b | $1.11b | - | $48.98m | 0.00% | 4.43% |
| Dec. 31, 2024 | $1.23b | $1.27b | - | $44.7m | 0.00% | 3.51% |
| Sept. 30, 2024 | $1.35b | $2.51b | - | $47.76m | 0.00% | 1.90% |
| June 30, 2024 | $1.43b | $1.96b | - | $35.19m | 0.00% | 1.80% |
Analyzing the last four quarters of financial data through September 2024: The company's interest expense ranged from $34.4M to $47.8M per quarter, while total expenses ranged from $1.58B to $3.24B. The interest expense to total expense ratios remained consistently below 2.5% across all quarters, indicating interest is not a material part of the company's operations.
Operational Ethics
PassAfter reviewing Albemarle's operations and partnerships, no significant ongoing associations with the state of Israel or direct material ties to the Chinese Communist Party were found that would raise concerns. While the company has operations in China, these appear to be standard business operations without evidence of direct partnerships with the CCP.
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