The Marzetti Company (MZTI)
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 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 443,631 | 439,655 | 480,972 | 452,587 | 443,993 | 440,731 | 405,399 | 386,258 | 374,463 | 391,560 | 373,636 | 377,801 | 351,781 | 361,579 | 389,407 | 409,856 | 423,481 | 428,260 | 426,264 | 408,407 |
| Total current liabilities | US$ in thousands | 186,294 | 186,384 | 167,250 | 173,177 | 183,969 | 189,786 | 163,376 | 167,208 | 168,752 | 196,451 | 180,171 | 190,915 | 165,585 | 179,477 | 172,832 | 179,787 | 173,923 | 151,983 | 140,628 | 139,819 |
| Current ratio | 2.38 | 2.36 | 2.88 | 2.61 | 2.41 | 2.32 | 2.48 | 2.31 | 2.22 | 1.99 | 2.07 | 1.98 | 2.12 | 2.01 | 2.25 | 2.28 | 2.43 | 2.82 | 3.03 | 2.92 |
June 30, 2025 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $443,631K ÷ $186,294K
= 2.38
The Marzetti Company's current ratio has exhibited a generally stable trend over the specified period, indicating a consistently strong liquidity position. At the end of September 2020, the ratio stood at 2.92, suggesting that current assets were nearly three times the current liabilities, providing ample buffer for short-term obligations. Over the subsequent periods, a gradual decline in the current ratio is observed, reaching a low of 1.98 as of September 2022, which still reflects healthy liquidity but signals a narrowing margin.
From late 2022 onward, a moderate upward trend resumes, with the ratio increasing to 2.48 by December 2023 and continuing to improve to 2.61 in September 2024. This upward movement indicates an enhancement in liquidity, possibly due to increased current assets or reduced current liabilities. Notably, the ratio surpasses the 2.0 threshold in late 2024, reinforcing a comfortable liquidity position. The latest data from June and September 2025 shows ratios of 2.38 and 2.61 respectively, illustrating sustained liquidity strength.
Overall, the historical data reflect that The Marzetti Company has maintained a current ratio well above the generally accepted benchmark of 1.5 to 2.0 for most of the analyzed period, signifying prudent liquidity management and financial stability within the short term. The fluctuations, while indicating some variability, do not suggest critical liquidity issues, and the company appears capable of meeting its immediate liabilities confidently throughout the period covered.
Peer comparison
Jun 30, 2025