Current Liabilities

Finance Lease Liability, Current

Albemarle Finance Lease Liability, Current increased by 1.3% to $4.13M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 21.9%, from $5.28M to $4.13M. Over 5 years (FY 2020 to FY 2025), Finance Lease Liability, Current shows an upward trend with a 18.4% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryLiquidity
SignalLower is better
VolatilityStable
First reportedQ1 2019
Last reportedQ1 2026

How to read this metric

An increase reflects higher short-term lease obligations, impacting near-term cash flow availability.

Detailed definition

This represents the current portion of obligations arising from finance leases that are due within one year. It captures...

Peer comparison

Standardized under modern lease accounting standards (ASC 842/IFRS 16).

Metric ID: finance_lease_liabilities_current

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$2.37M$2.66M$3.77M$4.00M$4.20M$3.72M$5.00M$4.87M$9.37M$9.45M$9.70M$10.04M$6.70M$5.04M$5.18M$5.28M$5.46M$5.52M$4.08M$4.13M
QoQ Change+12.2%+41.8%+6.1%+5.1%-11.3%+34.2%-2.5%+92.3%+0.9%+2.7%+3.4%-33.3%-24.7%+2.8%+1.9%+3.3%+1.1%-26.1%+1.3%
YoY Change+77.2%+40.1%+32.6%+21.9%+123.1%+153.8%+94.2%+106.0%-28.5%-46.6%-46.6%-47.4%-18.5%+9.4%-21.3%-21.9%
Range$2.37M$10.04M
CAGR+12.4%
Avg YoY Growth+26.7%
Median YoY Growth+15.7%

Frequently Asked Questions

What is Albemarle's finance lease liability, current?
Albemarle (ALB) reported finance lease liability, current of $4.13M in Q1 2026.
How has Albemarle's finance lease liability, current changed year-over-year?
Albemarle's finance lease liability, current decreased by 21.9% year-over-year, from $5.28M to $4.13M.
What is the long-term trend for Albemarle's finance lease liability, current?
Over 5 years (2020 to 2025), Albemarle's finance lease liability, current has grown at a 18.4% compound annual growth rate (CAGR), from $1.75M to $4.08M.
What does finance lease liability, current mean?
Lease payments due within the next year.