Quick Ratio Analysis of Balchem Corporation - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY Quick Ratio
Period Ending - Dec-23
Indecisive Quick Ratio
1.38
Period Ending - Dec-22
Indecisive Quick Ratio
1.54
Growth
-10.67 %
Most recent Quarter Quick Ratio
Period Ending - Mar-24
Indecisive Quick Ratio
1.72
Quick Ratio Analysis of Balchem Corporation
| Quick Ratio of Balchem Corporation with value of 1.72 indicates company has highly illiquid balance sheet ro pay its obligations in latest Quarter ending on Mar-24. |
| Quick Ratio of BCPC has fallen by -10.67 % Compared to previous Financial Year. |
| Quick Ratio with value of 2.08 was highest in Year Dec-20 in last Five Years. |
| Quick Ratio of BCPC trending down for at least three Years. |
| Latest Quick Ratio with value of 1.38 is lower than Average Quick Ratio of 1.69 in last five years. |
Other Quick Ratio Related Info of BCPC that may interest you.
Balchem Corporation Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| BCPC | 153.6 | 151.52 | 1.37 % | Specialty Chemicals |
Defination of Quick Ratio
Quick assets are those assets that can be converted quickly into cash. It indicates whether the company can pay its current short-term obligations or not using its quick assets. This metric is an improved version of the current ratio. more ..
Quick Ratio Related Ratios
| CurrentRatio | ShortTermDebtToEquityRatio |
Tsr Stability Index
| Good Stability | |
FY - Historical Quick Ratio of Balchem Corporation
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| Quick Ratio | 1.38 | 1.54 | 1.61 | 2.08 | 1.85 | 1.94 | 1.28 |
| Change | -10.67 % | -4.00 % | -22.66 % | 12.10 % | -4.39 % | 51.62 % | -1.53 % |
FY Chart of Quick Ratio of Balchem Corporation
Note : All Data Generated at the End of Trading Hours (EOD Data)