Balchem Corporation (BCPC)
Debt-to-capital ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 1,149,910 | 1,177,230 | 1,112,360 | 1,078,790 | 1,053,980 | 1,025,270 | 1,006,900 | 973,416 | 938,284 | 895,922 | 901,370 | 873,682 | 877,015 | 889,078 | 869,642 | 849,492 | 828,233 | 819,443 | 792,523 | 766,271 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 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 consistently remained at 0.00% from March 31, 2020, to December 31, 2024. This indicates that the company has not relied on debt to finance its operations and investments, as its total debt is insignificant compared to its total capital. A debt-to-capital ratio of 0% typically signals that the company is primarily funded by equity. This low level of debt can be viewed positively as it indicates lower financial risk and lower interest expenses for the company. Additionally, a debt-to-capital ratio of 0% can also suggest that Balchem Corporation has strong financial stability and the ability to withstand economic downturns or unexpected challenges without the burden of excessive debt.
Peer comparison
Dec 31, 2024