The Marzetti Company (MZTI) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Total Current Assets | 513.93M | 491.41M | 439.65M | 480.97M | 439.65M | 480.97M | 452.59M | 443.99M | 440.73M | 405.4M | 386.26M | 374.46M | 391.56M | 373.64M | 377.8M | 351.78M | 361.58M | 389.41M | 409.86M | 423.48M |
| Cash & Short-Term Investments | 218.45M | 201.58M | 124.56M | 203.07M | 124.56M | 203.07M | 135.06M | 163.44M | 164.76M | 133.85M | 73.75M | 88.47M | 82.86M | 95.49M | 64.22M | 60.28M | 67.08M | 114.01M | 130.09M | 188.06M |
| Cash Only | 218.45M | 201.58M | 124.56M | 203.07M | 124.56M | 203.07M | 135.06M | 163.44M | 164.76M | 133.85M | 73.75M | 88.47M | 82.86M | 95.49M | 64.22M | 60.28M | 67.08M | 114.01M | 130.09M | 188.06M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 98.31M | 103.79M | 106.86M | 99.15M | 106.86M | 99.15M | 101.5M | 95.56M | 102.64M | 100.19M | 120.08M | 114.97M | 130.51M | 126.92M | 136.24M | 135.5M | 110.13M | 104.77M | 108.36M | 97.9M |
| Days Sales Outstanding | 20.06 | 18.71 | 19.2 | 19.72 | 20.25 | 18.12 | 19.43 | 19.91 | 19.57 | 20.85 | 23.42 | 24.57 | 24.92 | 25.36 | 29.37 | 24.7 | 23.97 | 22.88 | 24.2 | 23.1 |
| Inventory | 175.26M | 162.58M | 191.15M | 167.17M | 191.15M | 167.17M | 193.66M | 173.25M | 161.09M | 158.19M | 177.81M | 158.26M | 154.75M | 139.41M | 165.94M | 144.7M | 166.02M | 155.16M | 158.37M | 121.88M |
| Days Inventory Outstanding | 43.92 | 42.74 | 43.99 | 44.14 | 45.82 | 44.08 | 47.45 | 42.83 | 39.59 | 42.41 | 43.81 | 39.4 | 35.71 | 37.43 | 43.77 | 39.94 | 43.12 | 43.46 | 43.02 | 35.42 |
| Other Current Assets | 18.81M | 23.46M | 17.09M | 11.58M | 17.09M | 11.58M | 22.36M | 11.74M | 12.25M | 13.17M | 14.63M | 12.76M | 23.44M | 11.82M | 11.4M | 11.3M | 18.34M | 15.46M | 13.03M | 15.65M |
| Total Non-Current Assets | 842.12M | 837.45M | 836.96M | 758.89M | 836.96M | 758.89M | 763.62M | 762.94M | 731.28M | 743.53M | 744.04M | 738.53M | 766.2M | 763.53M | 753.43M | 738.59M | 742.04M | 730.79M | 705.28M | 677.8M |
| Property, Plant & Equipment | 592.58M | 540.8M | 591.73M | 530.07M | 591.73M | 530.07M | 533.05M | 532.82M | 502.5M | 511.37M | 512.17M | 506.95M | 509.85M | 506.36M | 495.41M | 479.55M | 468.17M | 443.65M | 416.19M | 387.08M |
| Fixed Asset Turnover | 0.80x | 0.91x | 0.88x | 0.85x | 0.82x | 0.96x | 0.88x | 0.87x | 0.93x | 0.95x | 0.91x | 0.89x | 0.92x | 0.95x | 0.87x | 0.95x | 0.89x | 1.00x | 0.98x | 1.04x |
| Goodwill | 222.77M | 222.77M | 223.47M | 208.37M | 223.47M | 208.37M | 208.37M | 208.37M | 208.37M | 208.37M | 208.37M | 208.37M | 208.37M | 208.37M | 208.37M | 208.37M | 208.37M | 208.37M | 208.37M | 208.37M |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4.58M | 4.71M | 4.84M | 30.44M | 31.07M | 31.69M | 32.32M | 41.97M | 55.46M | 57.63M | 58.77M |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 26.78M | 73.87M | 21.76M | 20.44M | 21.76M | 20.44M | 22.2M | 21.74M | 20.41M | 19.21M | 18.8M | 18.37M | 17.54M | 17.74M | 17.95M | 18.35M | 23.54M | 23.31M | 23.09M | 23.59M |
| Total Assets | 1.36B | 1.33B | 1.28B | 1.24B | 1.28B | 1.24B | 1.22B | 1.21B | 1.17B | 1.15B | 1.13B | 1.11B | 1.16B | 1.14B | 1.13B | 1.09B | 1.1B | 1.12B | 1.12B | 1.1B |
| Asset Turnover | 0.34x | 0.40x | 0.39x | 0.38x | 0.36x | 0.41x | 0.39x | 0.38x | 0.41x | 0.43x | 0.41x | 0.40x | 0.41x | 0.42x | 0.38x | 0.41x | 0.36x | 0.38x | 0.35x | 0.36x |
| Asset Growth % | 6.22% | 7.18% | 4.97% | 2.73% | 8.92% | 7.91% | 7.6% | 8.44% | 1.23% | 1.03% | -0.08% | 2.07% | 4.91% | 1.52% | 1.44% | -0.99% | 3.3% | 6.25% | 8.86% | 10.87% |
| Total Current Liabilities | 198.85M | 180.66M | 186.38M | 167.25M | 186.38M | 167.25M | 173.18M | 183.97M | 189.79M | 163.38M | 167.21M | 168.75M | 196.45M | 180.17M | 190.91M | 165.59M | 179.48M | 172.83M | 179.79M | 173.92M |
| Accounts Payable | 134.58M | 123.38M | 121.07M | 104.51M | 121.07M | 104.51M | 109.24M | 118.81M | 120.53M | 104.11M | 120.34M | 111.76M | 138.45M | 131.69M | 135.37M | 114.97M | 127.36M | 127.77M | 127.75M | 110.34M |
| Days Payables Outstanding | 33.53 | 29.54 | 27.7 | 27.79 | 28.85 | 26.11 | 29.49 | 30.66 | 27.85 | 28.33 | 30.26 | 31.49 | 32.79 | 32.73 | 35.27 | 31.15 | 34.25 | 35.42 | 36.55 | 32.24 |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 34.68M | 56.98M | 0 | 0 | 0 | 0 | 0 | 31.57M | 0 | 0 | 0 | 26.34M | 0 | 0 | 0 | 16.3M | 0 | 0 | 0 | 32.52M |
| Current Ratio | 2.58x | 2.72x | 2.36x | 2.88x | 2.36x | 2.88x | 2.61x | 2.41x | 2.32x | 2.48x | 2.31x | 2.22x | 1.99x | 2.07x | 1.98x | 2.12x | 2.01x | 2.25x | 2.28x | 2.43x |
| Quick Ratio | 1.70x | 1.82x | 1.33x | 1.88x | 1.33x | 1.88x | 1.50x | 1.47x | 1.47x | 1.51x | 1.25x | 1.28x | 1.21x | 1.30x | 1.11x | 1.25x | 1.09x | 1.36x | 1.40x | 1.73x |
| Cash Conversion Cycle | 30.45 | 31.91 | 35.5 | 36.07 | 37.22 | 36.09 | 37.39 | 32.08 | 31.31 | 34.93 | 36.98 | 32.47 | 27.83 | 30.05 | 37.87 | 33.49 | 32.84 | 30.93 | 30.67 | 26.29 |
| Total Non-Current Liabilities | 112.4M | 115.37M | 93.98M | 92.74M | 93.98M | 92.74M | 97.98M | 97.19M | 69.37M | 77.22M | 84.33M | 81.97M | 88.12M | 77.45M | 78.25M | 80.1M | 85.53M | 82.36M | 85.29M | 84.22M |
| Long-Term Debt | 0 | 38.77M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 37.21M | 38.77M | 41.82M | 41.53M | 41.82M | 41.53M | 42.26M | 45.34M | 11.51M | 13.32M | 15.29M | 19.22M | 17.46M | 17.63M | 19.44M | 24.81M | 23.11M | 16.25M | 18.35M | 23.89M |
| Deferred Tax Liabilities | 54.22M | 55.25M | 37.66M | 37.41M | 37.66M | 37.41M | 41.52M | 38.08M | 42.65M | 48.18M | 52.73M | 48.18M | 51.77M | 40.35M | 39.03M | 39.81M | 39.85M | 41.46M | 39.45M | 39.95M |
| Other Non-Current Liabilities | 20.98M | -17.41M | 14.51M | 13.81M | 14.51M | 13.81M | 14.2M | 13.77M | 15.22M | 15.72M | 16.31M | 14.57M | 18.89M | 19.47M | 19.78M | 15.47M | 22.56M | 24.65M | 27.5M | 20.36M |
| Total Liabilities | 311.26M | 296.03M | 280.36M | 259.99M | 280.36M | 259.99M | 271.16M | 281.16M | 259.16M | 240.6M | 251.53M | 250.73M | 284.57M | 257.62M | 269.16M | 245.69M | 265M | 255.19M | 265.08M | 258.14M |
| Total Debt | 37.21M | 77.53M | 41.82M | 41.53M | 41.82M | 41.53M | 42.26M | 57.67M | 11.51M | 13.32M | 15.29M | 29.99M | 17.46M | 17.63M | 19.44M | 36.23M | 23.11M | 16.25M | 18.35M | 33.27M |
| Net Debt | -181.24M | -124.05M | -82.74M | -161.54M | -82.74M | -161.54M | -92.8M | -105.78M | -153.25M | -120.53M | -58.46M | -58.49M | -65.4M | -77.86M | -44.78M | -24.05M | -43.97M | -97.76M | -111.74M | -154.78M |
| Debt / Equity | 0.04x | 0.08x | 0.04x | 0.04x | 0.04x | 0.04x | 0.04x | 0.06x | 0.01x | 0.01x | 0.02x | 0.03x | 0.02x | 0.02x | 0.02x | 0.04x | 0.03x | 0.02x | 0.02x | 0.04x |
| Debt / EBITDA | 0.58x | 0.82x | 0.54x | 0.74x | 0.64x | 0.46x | 0.60x | 1.04x | 0.23x | 0.17x | 0.22x | 1.15x | 0.41x | 0.28x | 0.32x | 0.80x | 5.84x | 0.29x | 0.35x | 0.63x |
| Net Debt / EBITDA | -2.83x | -1.31x | -1.07x | -2.88x | -1.26x | -1.78x | -1.32x | -1.90x | -3.09x | -1.51x | -0.83x | -2.25x | -1.52x | -1.23x | -0.74x | -0.53x | -11.12x | -1.72x | -2.16x | -2.93x |
| Interest Coverage | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Equity | 1.04B | 1.03B | 996.25M | 979.87M | 996.25M | 979.87M | 945.05M | 925.77M | 912.85M | 908.33M | 878.77M | 862.27M | 873.18M | 879.55M | 862.07M | 844.69M | 838.62M | 865.01M | 850.05M | 843.15M |
| Equity Growth % | 4.87% | 5.4% | 5.42% | 5.84% | 9.14% | 7.88% | 7.54% | 7.36% | 4.54% | 3.27% | 1.94% | 2.08% | 4.12% | 1.68% | 1.41% | 0.18% | 0.9% | 4.68% | 6.11% | 7.64% |
| Book Value per Share | 38.16 | 37.67 | 36.24 | 35.67 | 36.23 | 35.64 | 34.39 | 33.69 | 33.25 | 33.10 | 31.99 | 31.37 | 31.77 | 31.99 | 31.40 | 30.77 | 30.56 | 31.50 | 30.89 | 30.63 |
| Total Shareholders' Equity | 1.04B | 1.03B | 996.25M | 979.87M | 996.25M | 979.87M | 945.05M | 925.77M | 912.85M | 908.33M | 878.77M | 862.27M | 873.18M | 879.55M | 862.07M | 844.69M | 838.62M | 865.01M | 850.05M | 843.15M |
| Common Stock | 166.51M | 164.09M | 158.49M | 156.93M | 158.49M | 156.93M | 154.43M | 153.62M | 151.18M | 149.29M | 146.44M | 143.87M | 142.04M | 140.66M | 139.66M | 137.81M | 135.65M | 133.42M | 130.83M | 128.62M |
| Retained Earnings | 1.69B | 1.68B | 1.62B | 1.61B | 1.62B | 1.61B | 1.58B | 1.56B | 1.55B | 1.55B | 1.52B | 1.5B | 1.52B | 1.52B | 1.5B | 1.49B | 1.48B | 1.5B | 1.49B | 1.48B |
| Treasury Stock | -813.04M | -813.03M | -785.37M | -785.29M | -785.37M | -785.29M | -785.29M | -783.85M | -783.82M | -782.89M | -782.85M | -776.2M | -776.19M | -767.21M | -767.08M | -767M | -766.92M | -764.77M | -764.77M | -759.44M |
| Accumulated OCI | 916K | 931K | 964K | 1.01M | 964K | 1.01M | -8.57M | -8.64M | -9.14M | -9.21M | -9.29M | -9.37M | -10.88M | -10.98M | -11.08M | -11.17M | -8.13M | -8.17M | -8.21M | -8.25M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |