Discontinued — last reported Q3 '22
Business Segments · Interest and financing expenses
Corporate — Interest and financing expenses
Albemarle Corporate — Interest and financing expenses decreased by 28.3% to $29.69M in Q3 2022 compared to the prior quarter. Year-over-year, this metric grew by 478.1%, from $5.14M to $29.69M. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementSegment
CategoryLeverage
SignalLower is better
VolatilityStable
First reportedQ1 2020
Last reportedQ3 2022
Rolls up toInterest Expense
How to read this metric
Lower values are generally better as they indicate lower debt servicing costs and a healthier balance sheet.
Detailed definition
This metric captures the costs associated with the company's debt and financing arrangements that are managed at the cor...
Peer comparison
Standard 'Interest Expense' reported in the corporate segment of most large-cap companies.
Metric ID:
alb_segment_corporate_interest_and_financing_expensesHistorical Data
5 periods
| Q2 '21 | Q3 '21 | Q1 '22 | Q2 '22 | Q3 '22 | |
|---|---|---|---|---|---|
| Value | $7.15M | $5.14M | $27.83M | $41.41M | $29.69M |
| QoQ Change | — | -28.2% | +441.9% | +48.8% | -28.3% |
| YoY Change | — | — | — | +479.0% | +478.1% |
Range$5.14M – $41.41M
CAGR+315.1%
Avg YoY Growth+478.5%
Median YoY Growth+478.5%
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Frequently Asked Questions
- What is Albemarle's corporate — interest and financing expenses?
- Albemarle (ALB) reported corporate — interest and financing expenses of $29.69M in Q3 2022.
- How has Albemarle's corporate — interest and financing expenses changed year-over-year?
- Albemarle's corporate — interest and financing expenses increased by 478.1% year-over-year, from $5.14M to $29.69M.
- What does corporate — interest and financing expenses mean?
- The cost of borrowing money at the corporate level.