Balchem Corporation (BCPC)
Debt-to-assets ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 1,575,370 | 1,597,210 | 1,624,510 | 1,199,320 | 1,165,840 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $1,575,370K
= 0.00
The debt-to-assets ratio for Balchem Corporation has consistently been 0.00 for the years 2020 to 2024. This indicates that the company has not taken on any debt to finance its operations or acquisitions, and its assets are entirely financed by equity rather than borrowed funds. A debt-to-assets ratio of 0.00 typically suggests that the company is not relying on external debt to fund its growth or operations, which may indicate a strong financial position and lower financial risk. However, it is important to note that this ratio alone does not provide a complete picture of the company's financial health and should be analyzed in conjunction with other financial metrics.
Peer comparison
Dec 31, 2024