Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the quick ratio (acid-test) high or low?
The quick ratio (acid-test) of 0.31 is in line with its 5-year average of 0.30, around the middle of its 5-year range (0.22–0.44).
As of the fiscal period ended Sunday, May 31, 2026. 7.23% below its 12-month average of 0.33.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
0.31
QUICK RATIO (ACID-TEST) AVG TTM
0.33
QUICK RATIO (ACID-TEST) AVG 3Y
0.29
QUICK RATIO (ACID-TEST) AVG 5Y
0.30
QUICK RATIO (ACID-TEST) AVG 10Y
0.38
QUICK RATIO (ACID-TEST) AVG 15Y
0.49
QUICK RATIO (ACID-TEST) AVG 20Y
0.61
CURRENT VS TTM AVG
-7.23%
CURRENT VS 3Y AVG
+5.85%
CURRENT VS 5Y AVG
+3.10%
CURRENT VS 10Y AVG
-20.41%
CURRENT VS 15Y AVG
-37.86%
CURRENT VS 20Y AVG
-49.46%
SECTOR MEDIAN · CONSUMER DEFENSIVE
0.57
median of 48 covered companies
CURRENT VS SECTOR MEDIAN
-46.25%
vs the sector median at left
Conagra Brands, Inc.
Market Cap
$7.07B
Quick Ratio (Acid-Test)
0.31
TTM Avg
0.33
3Y Avg
0.29
5Y Avg
0.30
Market Cap
$6.93B
Quick Ratio (Acid-Test)
1.37
TTM Avg
2.31
3Y Avg
3.20
5Y Avg
2.73
Market Cap
$6.85B
Quick Ratio (Acid-Test)
0.74
TTM Avg
0.74
3Y Avg
0.67
5Y Avg
0.89
Market Cap
$6.51B
Quick Ratio (Acid-Test)
0.28
TTM Avg
0.28
3Y Avg
0.28
5Y Avg
0.30
Market Cap
$7.68B
Quick Ratio (Acid-Test)
0.42
TTM Avg
0.56
3Y Avg
0.54
5Y Avg
0.53
Market Cap
$4.28B
Quick Ratio (Acid-Test)
5.42
TTM Avg
4.86
3Y Avg
4.12
5Y Avg
3.90
Market Cap
$10.33B
Quick Ratio (Acid-Test)
1.63
TTM Avg
1.34
3Y Avg
1.17
5Y Avg
1.17
Market Cap
$2.82B
Quick Ratio (Acid-Test)
2.50
TTM Avg
2.71
3Y Avg
2.63
5Y Avg
2.82
Market Cap
$11.55B
Quick Ratio (Acid-Test)
0.57
TTM Avg
0.60
3Y Avg
0.58
5Y Avg
0.66
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Conagra Brands, Inc. (CAG) | $7.07B | 0.31 | 0.33 | 0.29 | 0.30 |
| Celsius Holdings, Inc. (CELH)vs › | $6.93B | 1.37 | 2.31 | 3.20 | 2.73 |
| Lamb Weston Holdings, Inc. (LW)vs › | $6.85B | 0.74 | 0.74 | 0.67 | 0.89 |
| Campbell Soup Company (CPB)vs › | $6.51B | 0.28 | 0.28 | 0.28 | 0.30 |
| Molson Coors Beverage Company (TAP)vs › | $7.68B | 0.42 | 0.56 | 0.54 | 0.53 |
| Cal-Maine Foods, Inc. (CALM)vs › | $4.28B | 5.42 | 4.86 | 4.12 | 3.90 |
| Smithfield Foods, Inc. (SFD)vs › | $10.33B | 1.63 | 1.34 | 1.17 | 1.17 |
| Tootsie Roll Industries, Inc. (TR)vs › | $2.82B | 2.50 | 2.71 | 2.63 | 2.82 |
| The Clorox Company (CLX)vs › | $11.55B | 0.57 | 0.60 | 0.58 | 0.66 |
| Brown-Forman Corporation (BF-B)vs › | $12.16B | 1.18 | 1.37 | 1.27 | 1.56 |
Quick Ratio
0.31
Excludes inventory
Current Ratio
0.90
Includes inventory
Quick Ratio = (Current Assets − Inventory) / Current Liabilities
The quick ratio is a stricter liquidity measure that excludes inventory, showing the ability to meet short-term obligations with the most liquid assets.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | QUICK RATIO (ACID-TEST) |
|---|---|
| 2026-05-31 | 0.31 |
| 2026-02-22 | 0.30 |
| 2025-11-23 | 0.28 |
| 2025-08-24 | 0.44 |
| 2025-05-25 | 0.24 |
| 2025-02-23 | 0.23 |
| 2024-11-24 | 0.22 |
| 2024-08-25 | 0.33 |
| 2024-05-26 | 0.36 |
| 2024-02-25 | 0.33 |
| 2023-11-26 | 0.31 |
| 2023-08-27 | 0.30 |
| 2023-05-31 | 0.26 |
| 2023-02-26 | 0.32 |
| 2022-11-27 | 0.29 |
| 2022-08-28 | 0.24 |
| 2022-05-31 | 0.30 |
| 2022-02-27 | 0.33 |
| 2021-11-28 | 0.36 |
| 2021-08-29 | 0.33 |
| 2021-05-31 | 0.30 |
| 2021-02-28 | 0.32 |
| 2020-11-29 | 0.35 |
| 2020-08-30 | 0.44 |
| 2020-05-31 | 0.46 |
| 2020-02-23 | 0.34 |
| 2019-11-24 | 0.37 |
| 2019-08-25 | 0.40 |
| 2019-05-31 | 0.55 |
| 2019-02-24 | 0.58 |
| 2018-11-25 | 0.69 |
| 2018-08-26 | 0.39 |
| 2018-05-31 | 0.41 |
| 2018-02-25 | 0.52 |
| 2017-11-26 | 0.54 |
| 2017-08-27 | 0.51 |
| 2017-05-31 | 0.63 |
| 2017-02-26 | 0.95 |
| 2016-11-27 | 1.28 |
| 2016-08-28 | 0.75 |
| 2016-05-31 | 1.00 |
| 2016-02-28 | 0.65 |
| 2015-11-29 | 0.49 |
| 2015-08-30 | 0.49 |
| 2015-05-31 | 0.58 |
| 2015-02-22 | 0.42 |
| 2014-11-23 | 0.46 |
| 2014-08-24 | 0.51 |
| 2014-05-31 | 0.82 |
| 2014-02-23 | 0.62 |
| 2013-11-24 | 0.53 |
| 2013-08-25 | 0.55 |
| 2013-05-31 | 0.60 |
| 2013-02-24 | 0.73 |
| 2012-11-25 | 0.76 |
| 2012-08-26 | 0.54 |
| 2012-05-31 | 0.61 |
| 2012-02-26 | 0.84 |
| 2011-11-27 | 0.84 |
| 2011-08-28 | 0.98 |
| 2011-05-31 | 0.99 |
| 2011-02-27 | 0.91 |
| 2010-11-28 | 0.97 |
| 2010-08-29 | 1.07 |
| 2010-05-31 | 1.16 |
| 2010-02-28 | 0.99 |
| 2009-11-29 | 0.83 |
| 2009-08-30 | 0.94 |
| 2009-05-31 | 0.96 |
| 2009-02-22 | 0.61 |
| 2008-11-23 | 0.58 |
| 2008-08-24 | 0.66 |
| 2008-05-31 | 1.14 |
| 2008-02-24 | 0.73 |
| 2007-11-25 | 0.72 |
| 2007-08-26 | 0.92 |
| 2007-05-31 | 1.26 |
| 2007-02-25 | 0.89 |
| 2006-11-26 | 1.06 |
| 2006-08-27 | 0.96 |
| 2006-05-31 | 0.90 |
| 2006-02-26 | 0.77 |
| 2005-11-27 | 0.71 |
| 2005-08-28 | 0.93 |
| 2005-05-31 | 0.99 |
| 2005-02-27 | 0.67 |
| 2004-11-28 | 0.69 |
| 2004-08-29 | 0.77 |
| 2004-05-31 | 0.85 |
| 2004-02-22 | 0.77 |
| 2003-11-23 | 0.72 |
| 2003-08-24 | 0.72 |
| 2003-05-31 | 0.95 |
| 2003-02-23 | 0.53 |
| 2002-11-24 | 0.52 |
| 2002-08-25 | 0.55 |
