
Compass Minerals International (CMP) Current Ratio
Market Cap: $389.10M
Avg Volume: 615.23K
Industry: Industrial Materials
Sector: Basic Materials
Compass Minerals International Current Ratio
- Annual: 2.15
- Quarterly: 2.15
- TTM: 2.15
What is the Current Ratio?
The current ratio is a liquidity ratio that measures a company's ability to pay off its short-term liabilities with its short-term assets. A higher current ratio indicates a greater ability to meet short-term obligations.
Related Metrics
Other important metrics to assess Compass Minerals International's financial health include:
- Quick Ratio - measures the company's ability to meet short-term obligations with its most liquid assets:
- Annual: 0.73
- Quarterly: 0.73
- TTM: 0.73
- Cash Ratio - measures the company's ability to pay off short-term liabilities with cash and cash equivalents:
- Annual: 0.14
- Quarterly: 0.14
- TTM: 0.14
These metrics provide insights into Compass Minerals International's financial health and its ability to meet short-term obligations. Comparing these ratios with industry benchmarks can offer a deeper understanding of the company's performance.
Annual Current Ratio
2.15
Quarterly Current Ratio
2.15
TTM Current Ratio
2.15
Compass Minerals International Historical Current Ratio
Historical Quick Ratio
Historical Cash Ratio
Compass Minerals International Historical Ratios
The table below shows various financial metrics for each year, with the latest data available for the last fiscal year 2023.
Year | Current Ratio | Quick Ratio | Cash Ratio |
---|---|---|---|
2023 | 2.15 | 0.73 | 0.14 |
2022 | 2.40 | 1.10 | 0.20 |
2021 | 2.72 | 1.07 | 0.09 |
2020 | 2.66 | 1.60 | 0.12 |
2019 | 2.55 | 1.60 | 0.10 |
2018 | 2.55 | 1.60 | 0.10 |
2017 | 2.75 | 1.67 | 0.14 |
2016 | 1.98 | 1.20 | 0.21 |
2015 | 3.00 | 1.39 | 0.34 |
2014 | 2.96 | 2.12 | 1.12 |
Related Metrics
Explore detailed financial metrics and analysis for CMP.