Ethan Allen Interiors Inc (ETD)
Current ratio
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 309,933 | 332,683 | 359,453 | 346,749 | 295,279 |
| Total current liabilities | US$ in thousands | 152,851 | 153,696 | 163,097 | 215,643 | 223,902 |
| Current ratio | 2.03 | 2.16 | 2.20 | 1.61 | 1.32 |
June 30, 2025 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $309,933K ÷ $152,851K
= 2.03
The current ratio of Ethan Allen Interiors Inc. demonstrates a general upward trend over the specified period, reflecting an improvement in the company's short-term liquidity position. As of June 30, 2021, the current ratio was 1.32, indicating that current assets comfortably exceeded current liabilities, though the buffer was relatively modest. By June 30, 2022, the ratio increased to 1.61, signaling enhanced liquidity and a better capacity to meet short-term obligations. The trend continued through June 30, 2023, with the ratio rising to 2.20, which suggests an even stronger liquidity position, with current assets more than double current liabilities. Slight declines are observed afterward, with the ratio decreasing marginally to 2.16 as of June 30, 2024, and further to 2.03 by June 30, 2025. Despite these slight decreases, the current ratio remains well above the generally acceptable threshold of 1.0, indicating that the company maintains sufficient liquid assets relative to its short-term liabilities. Overall, these movements imply that Ethan Allen Interiors has maintained a robust short-term liquidity profile throughout this period, with fluctuations that appear consistent with strategic changes in asset and liability management.
Peer comparison
Jun 30, 2025