Standex International Corporation (SXI)
Current 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 current assets | US$ in thousands | 480,879 | 486,891 | 464,922 | 447,147 | 430,095 | 419,153 | 435,999 | 420,047 | 483,253 | 460,775 | 400,925 | 384,867 | 378,998 | 410,644 | 397,379 | 376,317 | 374,366 | 350,794 | 327,116 | 314,852 |
| Total current liabilities | US$ in thousands | 166,975 | 143,070 | 138,153 | 125,997 | 127,565 | 122,348 | 130,542 | 131,657 | 140,967 | 130,587 | 132,415 | 124,418 | 150,768 | 141,739 | 138,010 | 135,170 | 143,709 | 131,941 | 117,886 | 114,397 |
| Current ratio | 2.88 | 3.40 | 3.37 | 3.55 | 3.37 | 3.43 | 3.34 | 3.19 | 3.43 | 3.53 | 3.03 | 3.09 | 2.51 | 2.90 | 2.88 | 2.78 | 2.61 | 2.66 | 2.77 | 2.75 |
June 30, 2025 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $480,879K ÷ $166,975K
= 2.88
The analysis of Standex International Corporation's current ratio over the specified period reveals a generally stable liquidity position with some fluctuations. The current ratio, which measures the ability to cover short-term obligations with short-term assets, ranged from a low of 2.51 on June 30, 2022, to a high of 3.55 on September 30, 2024.
In the fiscal year ending September 30, 2020, the ratio was 2.75 and experienced a gradual increase through 2021, reaching a peak of 2.88 at the end of that year. This upward trend continued into early 2022, with the ratio climbing to 2.90, indicating improving liquidity. However, a decline occurred during the second quarter of 2022, with the ratio falling to 2.51, suggesting a temporary reduction in liquidity cushion.
From late 2022 onwards, the ratio showed a steady upward trend, peaking at 3.55 in September 2024. This increase reflects an enhancement in the company's short-term liquidity position, possibly due to adjustments in working capital management or asset composition. Subsequently, the ratio slightly decreased to 3.37 in December 2024 and remained within a narrow range, with values of 3.40 in March 2025 and 2.88 in June 2025.
Overall, the company's current ratio has consistently remained well above the commonly considered threshold of 1.0, indicating sound short-term liquidity. The observed fluctuations suggest periods of strategic adjustment but no significant deterioration in liquidity health over the analyzed period. The overall trend points to a relatively stable liquidity position, with periods of increased safety margins in recent years.
Peer comparison
Jun 30, 2025