The Marzetti Company (MZTI)

The solvency ratios for The Marzetti Company from June 30, 2021, through June 30, 2025, indicate a consistent and conservative capital structure. Notably, the debt-to-assets ratio, debt-to-capital ratio, and debt-to-equity ratio all remain at zero across this period, suggesting that the company has not reported any debt liabilities or leverage during these years. This zero debt position implies that the company relies entirely on equity financing, which significantly reduces financial risk associated with debt obligations.

Despite the absence of leverage derived from debt, the financial leverage ratio consistently hovers around approximately 1.29 to 1.31, with a slight decline from 1.31 in 2021 to 1.28 in 2025. This ratio measures the proportion of total assets relative to equity, indicating that the company maintains a stable level of asset utilization relative to its equity base.

Overall, the data suggests that The Marzetti Company operates with a completely unleveraged capital structure, minimizing solvency risk related to debt repayment obligations. The consistent leverage ratio reflects a stable approach to asset and equity management, reinforcing the company's conservative financial strategy over the examined period.

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Coverage ratios

The financial data indicates that The Marzetti Company did not report any interest coverage ratios for the fiscal years ending June 30, 2021 through June 30, 2025. The absence of interest coverage figures over this period suggests that the company either did not incur interest expenses or did not generate sufficient earnings before interest and taxes (EBIT) to establish a meaningful coverage ratio. This lack of reported coverage could imply that the company's financial activities during these years did not involve debt obligations that required interest payments, or that the company maintained a capital structure with minimal or no interest-bearing liabilities. Consequently, without concrete data on interest expenses and earnings, it is not possible to assess the company's ability to meet interest obligations during this timeframe.