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 0.40 is in line with its 5-year average of 0.40, near the low end of its 5-year range (0.32–0.67).
As of the fiscal period ended Sunday, May 31, 2026. 2.78% above its 12-month average of 0.39.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
0.40
QUICK RATIO (ACID-TEST) AVG TTM
0.39
QUICK RATIO (ACID-TEST) AVG 3Y
0.40
QUICK RATIO (ACID-TEST) AVG 5Y
0.40
QUICK RATIO (ACID-TEST) AVG 10Y
0.43
QUICK RATIO (ACID-TEST) AVG 15Y
0.47
QUICK RATIO (ACID-TEST) AVG 20Y
0.47
CURRENT VS TTM AVG
+2.78%
CURRENT VS 3Y AVG
+0.59%
CURRENT VS 5Y AVG
+0.45%
CURRENT VS 10Y AVG
-6.67%
CURRENT VS 15Y AVG
-14.37%
CURRENT VS 20Y AVG
-14.94%
SECTOR MEDIAN · CONSUMER DEFENSIVE
0.63
median of 52 covered companies
CURRENT VS SECTOR MEDIAN
-36.22%
vs the sector median at left
General Mills, Inc.
Market Cap
$20.12B
Quick Ratio (Acid-Test)
0.40
TTM Avg
0.39
3Y Avg
0.40
5Y Avg
0.40
Market Cap
$20.66B
Quick Ratio (Acid-Test)
0.48
TTM Avg
0.56
3Y Avg
0.55
5Y Avg
0.70
Market Cap
$18.53B
Quick Ratio (Acid-Test)
0.55
TTM Avg
0.80
3Y Avg
0.73
5Y Avg
0.77
Market Cap
$22.89B
Quick Ratio (Acid-Test)
0.69
TTM Avg
0.97
3Y Avg
0.80
5Y Avg
0.67
Market Cap
$23.80B
Quick Ratio (Acid-Test)
0.64
TTM Avg
0.99
3Y Avg
1.01
5Y Avg
0.95
Market Cap
$23.84B
Quick Ratio (Acid-Test)
0.39
TTM Avg
0.52
3Y Avg
0.60
5Y Avg
0.47
Market Cap
$13.95B
Quick Ratio (Acid-Test)
0.39
TTM Avg
0.30
3Y Avg
0.29
5Y Avg
0.30
Market Cap
$13.32B
Quick Ratio (Acid-Test)
0.35
TTM Avg
0.34
3Y Avg
0.47
5Y Avg
0.45
Market Cap
$12.47B
Quick Ratio (Acid-Test)
1.14
TTM Avg
1.37
3Y Avg
1.27
5Y Avg
1.56
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| General Mills, Inc. (GIS) | $20.12B | 0.40 | 0.39 | 0.40 | 0.40 |
| Constellation Brands, Inc. (STZ)vs › | $20.66B | 0.48 | 0.56 | 0.55 | 0.70 |
| Tyson Foods, Inc. (TSN)vs › | $18.53B | 0.55 | 0.80 | 0.73 | 0.77 |
| Church & Dwight Co., Inc. (CHD)vs › | $22.89B | 0.69 | 0.97 | 0.80 | 0.67 |
| Bunge Global S.A. (BG)vs › | $23.80B | 0.64 | 0.99 | 1.01 | 0.95 |
| Dollar Tree, Inc. (DLTR)vs › | $23.84B | 0.39 | 0.52 | 0.60 | 0.47 |
| McCormick & Company, Incorporated (MKC)vs › | $13.95B | 0.39 | 0.30 | 0.29 | 0.30 |
| The J. M. Smucker Company (SJM)vs › | $13.32B | 0.35 | 0.34 | 0.47 | 0.45 |
| Brown-Forman Corporation (BF-B)vs › | $12.47B | 1.14 | 1.37 | 1.27 | 1.56 |
| Dollar General Corporation (DG)vs › | $28.21B | 0.31 | 0.21 | 0.18 | 0.17 |
Quick Ratio
0.40
Excludes inventory
Current Ratio
0.68
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 | 0.40 |
| 2026-02-22 | 0.36 |
| 2025-11-23 | 0.39 |
| 2025-08-24 | 0.40 |
| 2025-05-25 | 0.43 |
| 2025-02-23 | 0.44 |
| 2024-11-24 | 0.67 |
| 2024-08-25 | 0.39 |
| 2024-05-26 | 0.38 |
| 2024-02-25 | 0.40 |
| 2023-11-26 | 0.36 |
| 2023-08-27 | 0.41 |
| 2023-05-31 | 0.40 |
| 2023-02-26 | 0.32 |
| 2022-11-27 | 0.35 |
| 2022-08-28 | 0.35 |
| 2022-05-31 | 0.40 |
| 2022-02-27 | 0.49 |
| 2021-11-28 | 0.62 |
| 2021-08-29 | 0.54 |
| 2021-05-31 | 0.48 |
| 2021-02-28 | 0.51 |
| 2020-11-29 | 0.55 |
| 2020-08-30 | 0.49 |
| 2020-05-31 | 0.49 |
| 2020-02-23 | 0.41 |
| 2019-11-24 | 0.37 |
| 2019-08-25 | 0.37 |
| 2019-05-31 | 0.37 |
| 2019-02-24 | 0.35 |
| 2018-11-25 | 0.36 |
| 2018-08-26 | 0.35 |
| 2018-05-31 | 0.34 |
| 2018-02-25 | 0.45 |
| 2017-11-26 | 0.53 |
| 2017-08-27 | 0.47 |
| 2017-05-31 | 0.48 |
| 2017-02-26 | 0.46 |
| 2016-11-27 | 0.41 |
| 2016-08-28 | 0.51 |
| 2016-05-31 | 0.50 |
| 2016-02-28 | 0.51 |
| 2015-11-29 | 0.52 |
| 2015-08-30 | 0.47 |
| 2015-05-31 | 0.44 |
| 2015-02-22 | 0.43 |
| 2014-11-23 | 0.51 |
| 2014-08-24 | 0.50 |
| 2014-05-31 | 0.52 |
| 2014-02-23 | 0.64 |
| 2013-11-24 | 0.61 |
| 2013-08-25 | 0.53 |
| 2013-05-31 | 0.52 |
| 2013-02-24 | 0.64 |
| 2012-11-25 | 0.49 |
| 2012-08-26 | 0.57 |
| 2012-05-31 | 0.58 |
| 2012-02-26 | 0.60 |
| 2011-11-27 | 0.47 |
| 2011-08-28 | 0.47 |
| 2011-05-31 | 0.63 |
| 2011-02-27 | 0.48 |
| 2010-11-28 | 0.62 |
| 2010-08-29 | 0.56 |
| 2010-05-31 | 0.57 |
| 2010-02-28 | 0.74 |
| 2009-11-29 | 0.72 |
| 2009-08-30 | 0.60 |
| 2009-05-31 | 0.61 |
| 2009-02-22 | 0.63 |
| 2008-11-23 | 0.49 |
| 2008-08-24 | 0.50 |
| 2008-05-31 | 0.46 |
| 2008-02-24 | 0.38 |
| 2007-11-25 | 0.37 |
| 2007-08-26 | 0.26 |
| 2007-05-31 | 0.32 |
| 2007-02-25 | 0.36 |
| 2006-11-26 | 0.30 |
| 2006-08-27 | 0.28 |
| 2006-05-31 | 0.32 |
| 2006-02-26 | 0.34 |
| 2005-11-27 | 0.44 |
| 2005-08-28 | 0.41 |
| 2005-05-31 | 0.48 |
| 2005-02-27 | 0.75 |
| 2004-11-28 | 0.88 |
| 2004-08-29 | 0.74 |
| 2004-05-31 | 0.78 |
| 2004-02-22 | 0.80 |
| 2003-11-23 | 0.73 |
| 2003-08-24 | 0.59 |
| 2003-05-31 | 0.61 |
| 2003-02-23 | 0.70 |
| 2002-11-24 | 0.70 |
| 2002-08-25 | 0.39 |