John B Sanfilippo & Son Inc (JBSS)
Financial leverage ratio
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 597,603 | 515,575 | 425,287 | 447,262 | 398,455 |
| Total stockholders’ equity | US$ in thousands | 360,697 | 322,613 | 292,207 | 278,821 | 242,494 |
| Financial leverage ratio | 1.66 | 1.60 | 1.46 | 1.60 | 1.64 |
June 30, 2025 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $597,603K ÷ $360,697K
= 1.66
The financial leverage ratio of John B Sanfilippo & Son Inc. has exhibited fluctuations over the recent years. As of June 30, 2021, the ratio stood at 1.64, indicating a relatively higher degree of financial leverage at that time. This ratio decreased slightly to 1.60 by June 30, 2022, suggesting a modest reduction in the company's reliance on debt relative to equity. The downward trend continued into June 30, 2023, when the ratio declined further to 1.46, implying an even more conservative leverage position and potentially improved financial stability. Subsequently, the ratio increased again to 1.60 by June 30, 2024, signaling a slight uptick in leverage, possibly due to increased borrowing or debt utilization. The trend continued upward, reaching 1.66 by June 30, 2025, which marks the highest level within the observed period, indicating an increased reliance on debt financing relative to equity. Overall, the company's financial leverage ratio has shown a pattern of moderate fluctuations, with a general tendency toward increased leverage in the most recent years. This pattern reflects a potential strategic adjustment in capital structure, balancing the benefits of debt utilization against associated financial risks.
Peer comparison
Jun 30, 2025