Balchem (BCPC) Interest Expenses (2010 - 2018)
Balchem's Interest Expenses came in at $1.8 million for Q3 2018, down 10.5% from $2.01 million a year earlier and down 20.6% from the prior quarter.
Balchem (BCPC) Interest Expenses (2010 - 2018) Analysis & Trends
Over the trailing twelve months to Sep 30, 2018, Balchem reported Interest Expenses of $7.79 million, up 4.8% year-over-year; for FY2017, it was $7.54 million, up 3.8% from FY2016.
- Interest Expenses has increased in each of the last three years, with a five-year compound annual growth rate of 276.3% (FY2012 to FY2017).
- Going back by year, Interest Expenses was $7.27 million in FY2016 (+10.2%), $6.59 million in FY2015 (+28.1%), $5.15 million in FY2014 and $24,000 in FY2013 (+140.0%).
- The Q3 2018 figure represents the lowest quarterly Interest Expenses since Q1 2017.
- Year-over-year, Interest Expenses increased in five of the last eight quarters, with growth averaging 5.6%.
- The fastest year-over-year change in Interest Expenses over five years came in Q4 2013 (growth of 850.0%), and the weakest in Q3 2015 (a decline of 21.2%).
- Business Quant data shows BCPC's Interest Expenses at $2.27 million (Q2 2018), $1.88 million (Q1 2018) and $1.84 million (Q4 2017) in the three quarters before Q3 2018.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 218.80 Bn | 201.92 Bn | 4.43 Bn | 61.00 Mn |
| 2 | Corning | 132.43 Bn | 125.56 Bn | 1.63 Bn | 94.00 Mn |
| 3 | Sherwin Williams | 78.49 Bn | 77.53 Bn | 3.34 Bn | 135.90 Mn |
| 4 | Air Products & Chemicals | 61.97 Bn | 59.87 Bn | 1.04 Bn | 49.40 Mn |
| 5 | Corteva | 51.82 Bn | 40.62 Bn | 3.66 Bn | 47.00 Mn |
| 6 | LyondellBasell Industries | 37.12 Bn | 26.74 Bn | 2.04 Bn | 138.00 Mn |
| 7 | Nutrien | 33.86 Bn | 30.73 Bn | 3.25 Bn | 173.00 Mn |
| 8 | Qnity Electronics | 26.31 Bn | 23.73 Bn | 666.00 Mn | 61.00 Mn |
| 9 | Ati | 25.78 Bn | 23.93 Bn | 309.80 Mn | - |
| 10 | Balchem | 5.27 Bn | 5.00 Bn | 103.68 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2018 | 1.80 Mn |
| Jun 30, 2018 | 2.27 Mn |
| Mar 31, 2018 | 1.88 Mn |
| Dec 31, 2017 | 1.84 Mn |
| Sep 30, 2017 | 2.01 Mn |
| Jun 30, 2017 | 1.89 Mn |
| Mar 31, 2017 | 1.80 Mn |
| Dec 31, 2016 | 1.73 Mn |
| Sep 30, 2016 | 1.79 Mn |
| Jun 30, 2016 | 1.91 Mn |
| Mar 31, 2016 | 1.84 Mn |
| Dec 31, 2015 | 1.50 Mn |
| Sep 30, 2015 | 1.62 Mn |
| Jun 30, 2015 | 1.59 Mn |
| Mar 31, 2015 | 1.88 Mn |
| Dec 31, 2014 | 1.78 Mn |
| Sep 30, 2014 | 2.05 Mn |
| Jun 30, 2014 | 1.32 Mn |
| Mar 31, 2014 | 1,000.00 |
| Dec 31, 2013 | 19,000.00 |
Balchem Interest Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-expenses&ticker=BCPC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "ticker": "BCPC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=interest-expenses&ticker=BCPC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();