The Marzetti Company (MZTI)
Financial leverage 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 assets | US$ in thousands | 1,274,720 | 1,276,610 | 1,239,860 | 1,216,210 | 1,206,930 | 1,172,010 | 1,148,920 | 1,130,300 | 1,112,990 | 1,157,760 | 1,137,170 | 1,131,230 | 1,090,370 | 1,103,620 | 1,120,200 | 1,115,140 | 1,101,280 | 1,068,350 | 1,054,310 | 1,024,370 |
| Total stockholders’ equity | US$ in thousands | 998,495 | 996,248 | 979,866 | 945,052 | 925,772 | 912,852 | 908,326 | 878,768 | 862,267 | 873,184 | 879,550 | 862,071 | 844,687 | 838,622 | 865,009 | 850,055 | 843,147 | 831,113 | 826,360 | 801,106 |
| Financial leverage ratio | 1.28 | 1.28 | 1.27 | 1.29 | 1.30 | 1.28 | 1.26 | 1.29 | 1.29 | 1.33 | 1.29 | 1.31 | 1.29 | 1.32 | 1.30 | 1.31 | 1.31 | 1.29 | 1.28 | 1.28 |
June 30, 2025 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $1,274,720K ÷ $998,495K
= 1.28
The financial leverage ratio of The Marzetti Company has demonstrated a relatively stable trend across the observed period from September 30, 2020, to June 30, 2025. Starting at 1.28 in September 2020, the ratio remained steady through the end of 2020 and into early 2021, with only minimal fluctuations. Slight increases were observed in the first quarter of 2021, rising to 1.29, and in the second quarter of 2021, reaching 1.31. Throughout 2021, the ratio maintained around 1.30 to 1.31, indicating a consistent level of financial leverage.
In 2022, the ratio hovered again within a narrow band, with minor decreases and increases, ending at 1.29 by year's end. Notably, in the first quarter of 2023, the ratio increased to 1.33, suggesting a marginal increase in the company's leverage position. Subsequently, the ratio mostly declined slightly and fluctuated around 1.29 to 1.30 in the following quarters.
Overall, the leverage ratio has remained concentrated near the 1.28 to 1.33 range, reflecting a consistent approach to financing that balances debt and equity. There are no significant deviations or volatility indicating aggressive leverage changes over the period. The maintained stability in the financial leverage ratio suggests disciplined capital structure management, with the company sustaining a moderate level of debt relative to its equity, which could contribute to stable financial risk profiles over time.
Peer comparison
Jun 30, 2025