John B Sanfilippo & Son Inc (JBSS)
Current ratio
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 346,424 | 294,085 | 254,430 | 283,164 | 225,167 |
| Total current liabilities | US$ in thousands | 156,046 | 125,940 | 85,688 | 122,762 | 100,204 |
| Current ratio | 2.22 | 2.34 | 2.97 | 2.31 | 2.25 |
June 30, 2025 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $346,424K ÷ $156,046K
= 2.22
The current ratio of John B Sanfilippo & Son Inc has demonstrated a trend of fluctuation over the analyzed period from June 30, 2021, to June 30, 2025. As of June 30, 2021, the current ratio stood at 2.25, indicating that the company maintained more than twice the current assets relative to its current liabilities, reflecting a relatively comfortable liquidity position at that time. The ratio slightly increased to 2.31 by June 30, 2022, suggesting a marginal improvement in current liquidity.
The most notable change occurred by June 30, 2023, when the current ratio increased to 2.97. This substantial rise indicates an enhancement in the company’s short-term liquidity position, with current assets well exceeding current liabilities, potentially providing increased safety margins for short-term obligations. However, there was a subsequent decline to 2.34 by June 30, 2024, implying a slight reduction in liquidity, though the ratio still remained comfortably above 2, signifying adequate current asset coverage over current liabilities.
By June 30, 2025, the current ratio decreased further to 2.22, approaching the lower end of the historically observed range within this period but still remaining above the critical threshold of 2. This consistent maintenance above a ratio of 2 indicates that the company generally preserved a stable liquidity position, though the declining trend warrants ongoing monitoring to ensure the company's ability to meet short-term obligations remains robust.
Peer comparison
Jun 30, 2025