Conagra Brands, Inc. logo
Conagra Brands, Inc. (CAG)
Compare

Conagra Brands, Inc. (CAG) Quick Ratio (Acid-Test): 0.24

Is Conagra Brands, Inc.’s quick ratio (acid-test) high or low?

Conagra Brands, Inc.'s quick ratio (acid-test) of 0.24 is 25% below its 5-year average of 0.32, near the low end of its 5-year range (0.24–0.46).

As of Thursday, June 11, 2026. 20.00% below its 12-month average of 0.30.

CAG Quick Ratio (Acid-Test) Chart

CAG Quick Ratio (Acid-Test)
0.24-33.33% 1Y
Zoom

CAG Average Quick Ratio (Acid-Test) Chart

CAG Current vs Average Quick Ratio (Acid-Test) Chart

CAG Quick Ratio (Acid-Test) Metrics

QUICK RATIO (ACID-TEST)

0.24

QUICK RATIO (ACID-TEST) AVG TTM

0.30

QUICK RATIO (ACID-TEST) AVG 3Y

0.29

QUICK RATIO (ACID-TEST) AVG 5Y

0.32

QUICK RATIO (ACID-TEST) AVG 10Y

0.46

QUICK RATIO (ACID-TEST) AVG 15Y

0.58

QUICK RATIO (ACID-TEST) AVG 20Y

0.69

CURRENT VS TTM AVG

-20.00%

CURRENT VS 3Y AVG

-17.24%

CURRENT VS 5Y AVG

-25.00%

CURRENT VS 10Y AVG

-48.13%

CURRENT VS 15Y AVG

-58.58%

CURRENT VS 20Y AVG

-65.29%

CAG Competitors' Quick Ratio (Acid-Test)

NAMEMARKET CAPQUICK RATIO (ACID-TEST)TTM3Y5Y
Conagra Brands, Inc. (CAG)$6.45B0.240.300.290.32
Celsius Holdings, Inc. (CELH)$7.16B1.372.313.202.73
The Clorox Company (CLX)$11.78B0.570.600.580.66
The J. M. Smucker Company (SJM)$12.46B0.330.340.470.45
Borealis Foods Inc. (BRLS)$32.41M0.050.100.110.15
McCormick & Company, Incorporated (MKC)$13.22B0.280.300.290.30
Hormel Foods Corporation (HRL)$13.53B1.201.191.101.20
General Mills, Inc. (GIS)$18.07B0.430.410.400.43
Dollar Tree, Inc. (DLTR)$21.42B0.290.520.600.47
Church & Dwight Co., Inc. (CHD)$23.27B0.710.970.800.67

Liquidity Comparison

Quick Ratio

0.24

Excludes inventory

Current Ratio

0.71

Includes inventory

Conagra Brands, Inc. Quick Ratio (Acid-Test) Formula & Definition

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

Conagra Brands, Inc. Quick Ratio (Acid-Test) FAQ

What is the quick ratio (acid-test) for Conagra Brands, Inc. (CAG)?
The quick ratio (acid-test) for CAG stock is 0.24.
Is Conagra Brands, Inc.'s quick ratio (acid-test) high or low?
Conagra Brands, Inc.'s quick ratio (acid-test) of 0.24 is 25% below its 5-year average of 0.32, near the low end of its 5-year range (0.24–0.46).
What is the TTM average quick ratio (acid-test) for Conagra Brands, Inc. (CAG)?
The TTM average quick ratio (acid-test) for CAG stock is 0.30.
What is the 3Y average quick ratio (acid-test) for Conagra Brands, Inc. (CAG)?
The 3Y average quick ratio (acid-test) for CAG stock is 0.29.
What is the 5Y average quick ratio (acid-test) for Conagra Brands, Inc. (CAG)?
The 5Y average quick ratio (acid-test) for CAG stock is 0.32.
What is the 10Y average quick ratio (acid-test) for Conagra Brands, Inc. (CAG)?
The 10Y average quick ratio (acid-test) for CAG stock is 0.46.
What is the 15Y average quick ratio (acid-test) for Conagra Brands, Inc. (CAG)?
The 15Y average quick ratio (acid-test) for CAG stock is 0.58.
What is the 20Y average quick ratio (acid-test) for Conagra Brands, Inc. (CAG)?
The 20Y average quick ratio (acid-test) for CAG stock is 0.69.

Conagra Brands, Inc. Quick Ratio (Acid-Test) History

DATEQUICK RATIO (ACID-TEST)
2025-05-250.24
2024-05-260.36
2023-05-280.26
2022-05-290.30
2021-05-300.30
2020-05-310.46
2019-05-310.55
2018-05-310.41
2017-05-310.63
2016-05-311.00
2015-05-310.58
2014-05-310.82
2013-05-310.60
2012-05-310.61
2011-05-310.99
2010-05-311.16
2009-05-310.96
2008-05-311.14
2007-05-311.26
2006-05-310.90
2005-05-310.99
2004-05-310.85
2003-05-310.95
2002-05-310.55
2001-05-310.33
2000-05-310.33
1999-05-310.34
1998-05-310.39
1997-05-310.37
1996-05-310.38

About Conagra Brands, Inc.

Conagra Brands, Inc., a prominent manufacturer of packaged food products, conducts its business across North America through its various subsidiary companies. The firm organizes its extensive operations into four distinct segments: Grocery & Snacks, Refrigerated & Frozen, International, and Foodservice. The Grocery & Snacks division primarily distributes non-perishable food items through various retail channels within the United States. In contrast, the Refrigerated & Frozen segment focuses on supplying temperature-sensitive food products to comparable U.S. retail outlets. Its International division caters to markets outside the United States, offering food products in all temperature states to both retail consumers and professional food service operators globally. Domestically, the Foodservice segment specializes in providing both proprietary and custom-engineered culinary offerings, such as prepared meals, entrees, sauces, and other specially manufactured gastronomic items, tailored for restaurants and institutional food providers throughout the United States. Conagra maintains an extensive portfolio of well-recognized brands, including Birds Eye, Duncan Hines, Healthy Choice, Marie Callender's, Reddi-wip, Slim Jim, Angie's BOOMCHICKAPOP, Duke's, Earth Balance, Gardein, and Frontera. The company, which traces its origins back to 1861, was formerly known as ConAgra Foods, Inc. until its rebranding to Conagra Brands, Inc. in November 2016. Its main corporate offices are located in Chicago, Illinois.

Chicago, IL
18,500 employees
Consumer Defensive / Packaged Foods
Sector
Consumer Defensive
Industry
Packaged Foods
CEO
Sean Connolly