Balchem Interest Coverage vs Operating Income Analysis

BCPC Stock  USD 154.95  0.49  0.32%   
Balchem financial indicator trend analysis is way more than just evaluating Balchem prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Balchem is a good investment. Please check the relationship between Balchem Interest Coverage and its Operating Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Balchem. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
For information on how to trade Balchem Stock refer to our How to Trade Balchem Stock guide.

Interest Coverage vs Operating Income

Interest Coverage vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Balchem Interest Coverage account and Operating Income. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Balchem's Interest Coverage and Operating Income is -0.33. Overlapping area represents the amount of variation of Interest Coverage that can explain the historical movement of Operating Income in the same time period over historical financial statements of Balchem, assuming nothing else is changed. The correlation between historical values of Balchem's Interest Coverage and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Coverage of Balchem are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Interest Coverage i.e., Balchem's Interest Coverage and Operating Income go up and down completely randomly.

Correlation Coefficient

-0.33
Relationship DirectionNegative 
Relationship StrengthInsignificant

Interest Coverage

Operating Income

Operating Income is the amount of profit realized from Balchem operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Balchem is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most indicators from Balchem's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Balchem current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Balchem. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
For information on how to trade Balchem Stock refer to our How to Trade Balchem Stock guide.At present, Balchem's Enterprise Value Multiple is projected to increase based on the last few years of reporting.
 2021 2022 2023 2024 (projected)
Gross Profit243.2M280.5M302.1M317.2M
Total Revenue799.0M942.4M922.4M968.6M

Balchem fundamental ratios Correlations

0.830.820.960.970.990.770.960.990.970.610.890.980.170.840.930.920.78-0.28-0.29-0.29-0.230.920.930.510.48
0.830.610.80.670.770.970.660.860.740.450.990.770.30.620.980.690.460.02-0.47-0.47-0.320.670.970.390.36
0.820.610.870.820.840.570.80.80.880.660.670.830.00.790.730.640.7-0.22-0.2-0.2-0.370.790.720.540.54
0.960.80.870.930.950.740.920.960.960.620.840.950.220.810.90.880.75-0.19-0.29-0.29-0.210.940.890.520.49
0.970.670.820.930.980.61.00.950.970.630.750.970.090.850.810.930.85-0.38-0.17-0.17-0.170.920.810.520.48
0.990.770.840.950.980.720.970.980.980.620.840.980.140.870.890.910.77-0.35-0.29-0.29-0.230.920.880.50.47
0.770.970.570.740.60.720.590.820.670.310.950.710.330.570.930.640.27-0.06-0.68-0.68-0.370.610.940.230.2
0.960.660.80.921.00.970.590.940.960.580.750.980.070.80.810.940.85-0.42-0.16-0.16-0.150.940.80.480.44
0.990.860.80.960.950.980.820.940.960.560.910.970.20.820.950.920.7-0.29-0.39-0.39-0.250.90.950.450.42
0.970.740.880.960.970.980.670.960.960.690.80.980.180.870.860.870.82-0.3-0.23-0.23-0.270.950.860.580.55
0.610.450.660.620.630.620.310.580.560.690.480.590.180.80.530.410.750.130.270.27-0.170.540.550.970.98
0.890.990.670.840.750.840.950.750.910.80.480.840.280.670.990.750.53-0.08-0.45-0.45-0.30.740.990.410.38
0.980.770.830.950.970.980.710.980.970.980.590.840.130.80.890.90.81-0.38-0.25-0.25-0.250.960.870.480.45
0.170.30.00.220.090.140.330.070.20.180.180.280.130.240.280.09-0.010.26-0.27-0.270.020.180.290.160.16
0.840.620.790.810.850.870.570.80.820.870.80.670.80.240.720.690.68-0.12-0.19-0.19-0.280.710.750.680.68
0.930.980.730.90.810.890.930.810.950.860.530.990.890.280.720.80.6-0.1-0.43-0.43-0.290.80.990.440.41
0.920.690.640.880.930.910.640.940.920.870.410.750.90.090.690.80.71-0.35-0.28-0.28-0.040.870.80.340.27
0.780.460.70.750.850.770.270.850.70.820.750.530.81-0.010.680.60.71-0.160.360.36-0.030.80.570.70.68
-0.280.02-0.22-0.19-0.38-0.35-0.06-0.42-0.29-0.30.13-0.08-0.380.26-0.12-0.1-0.35-0.160.280.280.11-0.37-0.090.20.24
-0.29-0.47-0.2-0.29-0.17-0.29-0.68-0.16-0.39-0.230.27-0.45-0.25-0.27-0.19-0.43-0.280.360.281.00.33-0.21-0.450.360.38
-0.29-0.47-0.2-0.29-0.17-0.29-0.68-0.16-0.39-0.230.27-0.45-0.25-0.27-0.19-0.43-0.280.360.281.00.33-0.21-0.450.360.38
-0.23-0.32-0.37-0.21-0.17-0.23-0.37-0.15-0.25-0.27-0.17-0.3-0.250.02-0.28-0.29-0.04-0.030.110.330.33-0.19-0.29-0.09-0.12
0.920.670.790.940.920.920.610.940.90.950.540.740.960.180.710.80.870.8-0.37-0.21-0.21-0.190.780.440.4
0.930.970.720.890.810.880.940.80.950.860.550.990.870.290.750.990.80.57-0.09-0.45-0.45-0.290.780.460.43
0.510.390.540.520.520.50.230.480.450.580.970.410.480.160.680.440.340.70.20.360.36-0.090.440.460.99
0.480.360.540.490.480.470.20.440.420.550.980.380.450.160.680.410.270.680.240.380.38-0.120.40.430.99
Click cells to compare fundamentals

Balchem Account Relationship Matchups

Balchem fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.2B1.2B1.2B1.6B1.6B1.7B
Short Long Term Debt Total248.6M163.6M108.6M440.6M330.3M346.9M
Other Current Liab52.5M68.3M85.2M78.7M58.1M61.0M
Total Current Liabilities92.3M94.4M143.8M140.0M148.5M155.9M
Total Stockholder Equity743.7M828.2M877.0M938.3M1.1B1.1B
Property Plant And Equipment Net224.2M236.5M246.8M290.8M295.9M310.7M
Net Debt182.9M79.0M5.3M374.0M265.9M279.2M
Retained Earnings590.9M656.7M732.1M814.5M897.5M942.4M
Non Current Assets Total900.7M899.0M877.1M1.3B1.3B1.4B
Net Receivables93.4M98.2M117.4M131.6M125.3M131.5M
Common Stock Shares Outstanding32.5M32.5M32.7M32.4M32.4M30.0M
Liabilities And Stockholders Equity1.2B1.2B1.2B1.6B1.6B1.7B
Non Current Liabilities Total319.8M243.2M178.5M546.2M422.7M443.8M
Inventory83.9M70.6M91.1M119.7M109.5M115.0M
Other Current Assets11.9M13.5M10.5M18.0M15.0M15.7M
Other Stockholder Equity156.1M165.2M147.7M128.8M145.7M152.9M
Total Liab412.0M337.6M322.3M686.2M571.2M599.7M
Property Plant And Equipment Gross224.2M236.5M246.8M290.8M508.7M534.1M
Total Current Assets254.9M266.9M322.2M335.8M314.2M330.0M
Accumulated Other Comprehensive Income(5.6M)4.2M(5.0M)(7.2M)8.7M9.1M
Cash65.7M84.6M103.2M66.6M64.4M46.2M
Cash And Short Term Investments65.7M84.6M103.2M66.6M64.4M46.2M
Non Currrent Assets Other8.6M11.3M11.7M(52.0M)12.9M13.5M
Accounts Payable37.3M23.7M56.2M57.3M55.5M58.3M
Intangible Assets143.9M121.7M94.7M213.3M191.2M200.8M
Common Stock Total Equity2.2M2.2M2.2M2.1M2.5M1.6M
Common Stock2.2M2.2M2.2M2.1M2.2M1.6M
Other Liab64.6M68.0M69.9M89.6M103.0M108.2M
Property Plant Equipment216.9M228.1M246.8M271.4M312.1M327.7M
Long Term Debt256.4M174.1M108.6M440.6M309.6M325.0M
Good Will524.0M529.5M523.9M769.5M778.9M817.9M
Other Assets4.1M19.7M11.7M10.8M12.4M13.1M
Net Tangible Assets75.7M298.8M258.4M168.8M194.1M129.0M
Retained Earnings Total Equity590.9M656.7M732.1M814.5M936.7M469.1M
Long Term Debt Total163.4M256.4M174.1M122.3M140.6M173.3M
Capital Surpluse174.2M173.0M147.7M128.8M148.1M135.9M
Deferred Long Term Liab58.5M51.4M46.5M62.8M72.2M43.5M

Pair Trading with Balchem

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Balchem position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Balchem will appreciate offsetting losses from the drop in the long position's value.

Moving together with Balchem Stock

  0.84DNMR Danimer Scientific Financial Report 8th of May 2024 PairCorr

Moving against Balchem Stock

  0.85NANX Nanophase Technol Report 3rd of April 2024 PairCorr
  0.62CC Chemours Financial Report 25th of April 2024 PairCorr
The ability to find closely correlated positions to Balchem could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Balchem when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Balchem - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Balchem to buy it.
The correlation of Balchem is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Balchem moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Balchem moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Balchem can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Balchem offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Balchem's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Balchem Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Balchem Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Balchem. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
For information on how to trade Balchem Stock refer to our How to Trade Balchem Stock guide.
You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.

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When running Balchem's price analysis, check to measure Balchem's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Balchem is operating at the current time. Most of Balchem's value examination focuses on studying past and present price action to predict the probability of Balchem's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Balchem's price. Additionally, you may evaluate how the addition of Balchem to your portfolios can decrease your overall portfolio volatility.
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Is Balchem's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Balchem. If investors know Balchem will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Balchem listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.243
Dividend Share
0.79
Earnings Share
3.34
Revenue Per Share
28.729
Quarterly Revenue Growth
(0.02)
The market value of Balchem is measured differently than its book value, which is the value of Balchem that is recorded on the company's balance sheet. Investors also form their own opinion of Balchem's value that differs from its market value or its book value, called intrinsic value, which is Balchem's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Balchem's market value can be influenced by many factors that don't directly affect Balchem's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Balchem's value and its price as these two are different measures arrived at by different means. Investors typically determine if Balchem is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Balchem's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.