Balchem Quick Ratio 2010-2025 | BCPC
- Balchem average quick ratio for 2024 was 1.65, a 7.3% decline from 2023.
- Balchem average quick ratio for 2023 was 1.78, a 9.88% decline from 2022.
- Balchem average quick ratio for 2022 was 1.62, a 19.4% increase from 2021.
Quick ratio can be defined as a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated by subtracting inventory from current assets and dividing by current liabilities.