Compass Minerals International (CMP) Current Ratio

Price: $9.375
Market Cap: $389.10M
Avg Volume: 615.23K
Country: US
Industry: Industrial Materials
Sector: Basic Materials
Beta: 1.571
52W Range: $7.51-15.82
Website: Compass Minerals International

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
3.003.002.002.001.001.000.000.00Current Ratio201520152016201620172017201820182019201920202020202120212022202220232023
Historical Quick Ratio
3.003.002.002.001.001.000.000.00Quick Ratio201520152016201620172017201820182019201920202020202120212022202220232023
Historical Cash Ratio
1.591.591.061.060.530.530.000.00Cash Ratio201520152016201620172017201820182019201920202020202120212022202220232023

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.