John B Sanfilippo & Son Inc (JBSS)
Cash ratio
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | 585 | 484 | 1,948 | 415 | 672 |
| Short-term investments | US$ in thousands | — | — | — | — | 16 |
| Total current liabilities | US$ in thousands | 156,046 | 125,940 | 85,688 | 122,762 | 100,204 |
| Cash ratio | 0.00 | 0.00 | 0.02 | 0.00 | 0.01 |
June 30, 2025 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($585K
+ $—K)
÷ $156,046K
= 0.00
The cash ratio of John B Sanfilippo & Son Inc. over the analyzed period demonstrates a consistent pattern of very low liquidity in terms of cash and cash equivalents relative to current liabilities. As of June 30, 2021, the cash ratio stood at 0.01, indicating that cash and cash equivalents covered only 1% of current liabilities. This ratio decreased to 0.00 by June 30, 2022, reflecting a negligible or zero cash cushion relative to short-term obligations. The subsequent year, June 30, 2023, shows a slight increase to 0.02, suggesting a marginal improvement in the cash position, whereby cash and cash equivalents then covered approximately 2% of current liabilities. However, this minimal gain was followed by a return to 0.00 in both June 30, 2024, and June 30, 2025, indicating that the company's cash holdings remained insufficient to cover current liabilities independently during those periods.
Overall, the cash ratios across these years reveal a pattern of extremely limited cash liquidity, which signal that the company relies on sources other than cash to meet its short-term obligations, such as accounts receivable, inventory, or other current assets. This persistent minimal or zero cash ratio may imply a strategic approach to liquidity management or a potential vulnerability in meeting immediate liabilities without relying on other liquid assets or financing options.
Peer comparison
Jun 30, 2025