The Marzetti Company (MZTI)
Solvency ratios
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 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 |
The analysis of The Marzetti Company's solvency ratios over the specified periods indicates a consistent pattern of zero debt levels across multiple financial metrics. Specifically, the Debt-to-Assets ratio, Debt-to-Capital ratio, and Debt-to-Equity ratio are all recorded at 0.00 throughout all reporting dates from September 2020 through June 2025. This suggests that the company maintains no long-term or short-term debt obligations and relies entirely on equity or internal funding sources for its operations.
In contrast, the Financial Leverage Ratio, which measures the extent of financial leverage employed by the company, remains above 1.20 across all periods, fluctuating between approximately 1.26 and 1.33. These figures indicate a marginal use of financial leverage, implying that the company's assets are not significantly financed through debt. The leverage ratios support the conclusion that the company's capital structure is predominantly equity-based, reflecting a conservative approach to leverage and risk management.
Overall, the data portrays The Marzetti Company as having a highly solvent position, with no apparent debt obligations during the reporting periods. The low or zero debt ratios, coupled with a stable financial leverage ratio, suggest strong solvency and a conservative capital structure, minimizing financial risk. This structure likely results in low interest expense obligations and greater financial flexibility.
Coverage ratios
| 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 | |
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| Interest coverage | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
The financial data for The Marzetti Company indicates that there are no recorded interest coverage ratios from September 30, 2020, through June 30, 2025. This complete absence of interest coverage figures suggests that the company has either not incurred interest expenses during this period or that such expenses are not typical within its financial structure, possibly due to a lack of debt obligations or other financial arrangements that generate interest costs. The consistent lack of data over an extended timeframe implies that interest expense is not a significant component of the company's financial profile, and consequently, the interest coverage ratio cannot be analyzed or evaluated during these periods.