Balchem Corporation (BCPC)
Debt-to-capital ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 1,149,910 | 1,053,980 | 938,284 | 877,015 | 828,233 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $1,149,910K)
= 0.00
The debt-to-capital ratio of Balchem Corporation has remained consistently low at 0.00% from December 31, 2020, to December 31, 2024. This indicates that the company has not been reliant on debt to finance its operations, and its capital structure is predominantly composed of equity. A low debt-to-capital ratio signifies financial stability and lower financial risk for the company, as it has a lower level of leverage compared to its equity. Balchem Corporation's consistent low debt-to-capital ratio suggests a conservative approach to managing its capital structure and financial obligations over the years analyzed.
Peer comparison
Dec 31, 2024