The Marzetti Company (MZTI)
Current ratio
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 443,631 | 443,993 | 374,463 | 351,781 | 423,481 |
| Total current liabilities | US$ in thousands | 186,294 | 183,969 | 168,752 | 165,585 | 173,923 |
| Current ratio | 2.38 | 2.41 | 2.22 | 2.12 | 2.43 |
June 30, 2025 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $443,631K ÷ $186,294K
= 2.38
The analysis of The Marzetti Company’s current ratio over the specified periods indicates a generally stable liquidity position. As of June 30, 2021, the current ratio stood at 2.43, reflecting a solid ability to meet short-term obligations with current assets exceeding current liabilities by approximately 2.43 times. This ratio decreased to 2.12 by June 30, 2022, suggesting a slight decline in liquidity but remaining well above the commonly acceptable threshold of 1.0, which indicates sufficient short-term financial health.
In the subsequent year, the current ratio experienced a marginal increase to 2.22 as of June 30, 2023, indicating a modest improvement in the company's liquidity position. Continuing this trend, the ratio further increased to 2.41 by June 30, 2024, approaching the 2021 level and signifying a strengthened ability to cover short-term obligations. However, by June 30, 2025, the ratio slightly declined to 2.38, suggesting a minor decrease in liquidity compared to the previous year but still maintaining a comfortable margin above unity.
Overall, these fluctuations reflect a consistent and stable liquidity position for The Marzetti Company. The ratios remain well above the critical threshold, indicating prudent management of current assets relative to current liabilities throughout the analyzed period. The slight variances may stem from operational changes or strategic decisions affecting current asset and liability levels, but the company maintains a robust liquidity cushion.
Peer comparison
Jun 30, 2025