The Marzetti Company (MZTI)
Quick ratio
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Cash | US$ in thousands | 161,476 | 163,443 | 88,473 | 60,283 | 188,055 |
| Short-term investments | US$ in thousands | — | — | — | — | — |
| Receivables | US$ in thousands | 95,817 | 95,560 | 114,967 | 135,496 | 97,897 |
| Total current liabilities | US$ in thousands | 186,294 | 183,969 | 168,752 | 165,585 | 173,923 |
| Quick ratio | 1.38 | 1.41 | 1.21 | 1.18 | 1.64 |
June 30, 2025 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($161,476K
+ $—K
+ $95,817K)
÷ $186,294K
= 1.38
The quick ratio of The Marzetti Company demonstrates a fluctuating liquidity profile over the five-year period from June 30, 2021, to June 30, 2025. As of June 30, 2021, the company maintained a relatively strong liquidity position with a quick ratio of 1.64, indicating that its most liquid assets were well in excess of its current liabilities.
Over the subsequent year, this ratio declined to 1.18 by June 30, 2022, reflecting a decrease in liquid assets relative to current liabilities. Despite this decline, the ratio remained above 1.0, suggesting that the company continued to possess sufficient liquid assets to cover its short-term obligations without relying on inventory sales.
The ratio experienced a slight uptick to 1.21 by June 30, 2023, indicating a modest improvement in liquidity as compared to the previous year. This stability persisted into 2024, where the ratio increased further to 1.41, reaching its highest point within the analyzed period. This suggests an enhancement in the company's liquidity position, providing a buffer against short-term financial pressures.
However, by June 30, 2025, the quick ratio decreased slightly to 1.38, though it remained indicative of a comfortable liquidity cushion. Throughout the period, the ratio remained above 1.0, which generally implies that the company has maintained sufficient liquid assets over the years to meet its immediate financial obligations. The overall trend signifies periods of initial liquidity strain followed by recovery and stabilization, culminating in a relatively stable and favorable liquidity position as of the most recent fiscal year.
Peer comparison
Jun 30, 2025