Standex International Corporation (SXI)
Current ratio
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 480,879 | 430,095 | 483,253 | 378,998 | 374,366 |
| Total current liabilities | US$ in thousands | 166,975 | 127,565 | 140,967 | 150,768 | 143,709 |
| Current ratio | 2.88 | 3.37 | 3.43 | 2.51 | 2.61 |
June 30, 2025 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $480,879K ÷ $166,975K
= 2.88
The current ratio of Standex International Corporation over the period from June 30, 2021, to June 30, 2025, demonstrates a general upward trend, indicating an improvement in the company's short-term liquidity position. Specifically, the ratio was 2.61 as of June 30, 2021, and decreased slightly to 2.51 by June 30, 2022. Following this slight decline, the current ratio saw a notable increase, reaching 3.43 by June 30, 2023. This suggests a strengthening of the company's ability to meet its short-term obligations with its current assets during this period. The ratio then experienced a marginal decrease to 3.37 as of June 30, 2024, but remained significantly higher than both earlier years, indicating sustained liquidity strength. By June 30, 2025, the current ratio decreased further to 2.88, yet it still maintained a comfortable margin above 1.0, reflecting a generally healthy liquidity position. Overall, the trend suggests that Standex International has maintained solid liquidity levels throughout these years, with periods of growth in its ability to cover current liabilities and minor fluctuations that could be indicative of strategic adjustments or variations in current asset or liability levels.
Peer comparison
Jun 30, 2025