MZTI (The Marzetti Co) Cash-to-Debt : 2.98 (As of Mar. 2025)

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What is The Marzetti Co Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. The Marzetti Co's cash to debt ratio for the quarter that ended in Mar. 2025 was 2.98.

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, The Marzetti Co could pay off its debt using the cash in hand for the quarter that ended in Mar. 2025.

The historical rank and industry rank for The Marzetti Co's Cash-to-Debt or its related term are showing as below:

MZTI' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.66 Med: 10.9 Max: No Debt
Current: 2.98

During the past 13 years, The Marzetti Co's highest Cash to Debt Ratio was No Debt. The lowest was 1.66. And the median was 10.90.

MZTI's Cash-to-Debt is ranked better than
74.09% of 1887 companies
in the Consumer Packaged Goods industry
Industry Median: 0.51 vs MZTI: 2.98

The Marzetti Co Cash-to-Debt Historical Data

The historical data trend for The Marzetti Co's Cash-to-Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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The Marzetti Co Cash-to-Debt Chart

The Marzetti Co Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Cash-to-Debt

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7.40

5.65

1.66

2.95

2.83

The Marzetti Co Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Cash-to-Debt	Get a 7-Day Free Trial															14.32	2.83	3.20	4.89	2.98

Competitive Comparison of The Marzetti Co's Cash-to-Debt

For the Packaged Foods subindustry, The Marzetti Co's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

The Marzetti Co's Cash-to-Debt Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, The Marzetti Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where The Marzetti Co's Cash-to-Debt falls into.

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The Marzetti Co Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

The Marzetti Co's Cash to Debt Ratio for the fiscal year that ended in Jun. 2024 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	163.443	/	(12.328	+	45.339)
	=	2.83

The Marzetti Co's Cash to Debt Ratio for the quarter that ended in Mar. 2025 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	124.561	/	(0	+	41.819)
	=	2.98

The Marzetti Co (NAS:MZTI) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

The Marzetti Co Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of The Marzetti Co's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

The Marzetti Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » The Marzetti Co (NAS:MZTI) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

LC1:Germany

Address

380 Polaris Parkway, Suite 400, Westerville, OH, USA, 43082

Website

http://www.lancastercolony.com

Lancaster Colony Corp is a manufacturer and marketer of speciality food products. The company's segments include Retail and Foodservice. The key products and brands are salad dressing and sauces (Cardini's, Girard's, Marzetti), frozen garlic breads (New York Brand Bakery, Mamma Bella), vegetable dips and fruit dips (Marzetti), frozen parkerhouse-style yeast rolls and dinner rolls (Sister Schubert's, Mary B's), premium dry egg noodles (Amish Kitchen), frozen speciality noodles (Reames, Aunt Vi's), croutons and salad toppings, flatbread wraps, and pizza crusts.

Executives

David Alan Ciesinski	officer: President & COO	H. J. HEINZ COMPANY, P.O. BOX 57, PITTSBURGH PA 15230
Elliot K. Fullen	director	380 POLARIS PARKWAY, SUITE 400, WESTERVILLE OH 43082
Knight George F. Iii	director	380 POLARIS PARKWAY, SUITE 400, WESTERVILLE OH 43082
Kristin Bird	officer: President-Foodservice Division	380 POLARIS PARKWAY, SUITE 400, WESTERVILLE OH 43082
Zena Srivatsa Arnold	director	2500 BEE CAVE ROAD, BLDG. 1, SUITE 200, ROLLINGWOOD TX 78746
Luis Viso	officer: Chief Supply Chain Officer	380 POLARIS PARKWAY, SUITE 400, WESTERVILLE OH 43082
Carl R. Stealey	officer: President-T Marzetti Retail	380 POLARIS PARKWAY, SUITE 400, WESTERVILLE OH 43082
David S. Nagle	officer: SVP-T Marzetti Co Supply Chain	380 POLARIS PARKWAY, WESTERVILLE OH 43082
K. Pigott Thomas	officer: CFO and Asst. Secretary	C/O MGP INGREDIENTS, INC., 100 COMMERCIAL STREET, ATCHISON KS 66002
Alan F Harris	director
Gerlach John B Jr	director, officer: Chairman & CEO	LANCASTER COLONY CORP, 37 W. BROAD ST., COLUMBUS OH 43215
Barbara L Brasier	director	C/O MEADWESTVACO CORP, ONE HIGH RIDGE PARK, STAMFORD CT 06905
Michael H Keown	director	P O BOX 77057, FORT WORTH TX 76177
Timothy A. Tate	officer: SVP-TMarzettiFoodservice Sales	380 POLARIS PARKWAY, WESTERVILLE OH 43082
Neeli Bendapudi	director	FISHER COLLEGE OF BUSINESS, 556 FISHER H, 2100 NEIL AVENUE, COLUMBUS OH 43210