Current Ratio

The current ratio of 2.07x means Albemarle holds $2.07 in current assets (like cash and inventory) for every $1 of current liabilities due within a year, indicating adequate short-term liquidity.

Compared to the Basic Materials sector median of 2.84x, Albemarle's ratio falls at the 33rd percentile among peers—placing it below the typical company in its industry. However, the year-over-year and quarter-over-quarter changes are both listed as N/A, and no 8-quarter trend is available, so the direction of this metric cannot be assessed. Because the ratio is below the sector median yet still above 1.0x, the level alone signals moderate liquidity but no immediate distress; the absence of trend data prevents judging whether this position is improving or worsening. This metric contradicts an aggressive investment stance and instead supports the overall CAUTIOUS verdict, as the below-median ratio points to weaker relative liquidity, which can be a risk in a capital-intensive Basic Materials sector.

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