John B Sanfilippo & Son Inc (JBSS)
Current ratio
| Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Dec 23, 2021 | Sep 30, 2021 | Sep 23, 2021 | Jun 30, 2021 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 331,841 | 349,196 | 306,698 | 287,489 | 294,085 | 296,323 | 289,766 | 251,593 | 254,430 | 274,575 | 257,821 | 275,543 | 283,164 | 288,151 | 257,564 | 257,564 | 235,439 | 235,439 | 225,167 | 223,783 |
| Total current liabilities | US$ in thousands | 85,643 | 173,991 | 150,062 | 139,833 | 125,940 | 120,390 | 128,291 | 89,301 | 85,688 | 102,758 | 104,062 | 126,170 | 122,762 | 145,815 | 130,826 | 130,826 | 123,834 | 123,834 | 100,204 | 106,672 |
| Current ratio | 3.87 | 2.01 | 2.04 | 2.06 | 2.34 | 2.46 | 2.26 | 2.82 | 2.97 | 2.67 | 2.48 | 2.18 | 2.31 | 1.98 | 1.97 | 1.97 | 1.90 | 1.90 | 2.25 | 2.10 |
June 30, 2025 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $331,841K ÷ $85,643K
= 3.87
The current ratio of John B Sanfilippo & Son Inc has exhibited notable fluctuations over the analyzed period from March 2021 through June 2025. Initially, the ratio was at 2.10 as of March 31, 2021, indicating a relatively strong liquidity position where current assets significantly exceeded current liabilities. The ratio experienced gradual increases, reaching a peak of approximately 2.97 as of June 30, 2023, suggesting enhanced short-term liquidity and an improved buffer to meet current obligations.
Between mid-2023 and late 2024, the current ratio remained relatively stable, fluctuating within a range of approximately 2.04 to 2.48, reflecting consistent liquidity levels. Notably, in March 2025, the ratio declined slightly to 2.01, signaling a modest reduction in liquidity but still remaining above the generally acceptable threshold of 1.0, which indicates that the company maintains sufficient short-term assets to cover its current liabilities.
A significant upward trend is observed from March 2025 to June 2025, with the ratio increasing markedly from 2.01 to 3.87. This substantial rise suggests a considerable improvement in liquidity, potentially driven by increased current assets or decreased current liabilities during that period.
Overall, the company's current ratio has consistently remained above 2.0 for the majority of the analyzed timeframe, indicating a stable liquidity position with a prudent buffer to meet short-term obligations. The recent sharp increase in June 2025 warrants further investigation into underlying factors, such as changes in working capital management, asset base adjustments, or liability reductions, to better understand the drivers behind this liquidity enhancement.
Peer comparison
Jun 30, 2025