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
0.63
median of 52 covered companies
CURRENT VS SECTOR MEDIAN
-50.98%
vs the sector median at left
Conagra Brands, Inc.
Market Cap
$7.29B
Quick Ratio (Acid-Test)
0.31
TTM Avg
0.33
3Y Avg
0.29
5Y Avg
0.30
Market Cap
$7.28B
Quick Ratio (Acid-Test)
0.72
TTM Avg
0.56
3Y Avg
0.54
5Y Avg
0.53
Market Cap
$7.32B
Quick Ratio (Acid-Test)
1.42
TTM Avg
2.31
3Y Avg
3.20
5Y Avg
2.73
Market Cap
$7.01B
Quick Ratio (Acid-Test)
0.43
TTM Avg
0.46
3Y Avg
0.54
5Y Avg
0.53
Market Cap
$6.63B
Quick Ratio (Acid-Test)
0.74
TTM Avg
0.74
3Y Avg
0.67
5Y Avg
0.89
Market Cap
$8.10B
Quick Ratio (Acid-Test)
1.34
TTM Avg
1.34
3Y Avg
1.17
5Y Avg
1.17
Market Cap
$6.47B
Quick Ratio (Acid-Test)
0.33
TTM Avg
0.31
3Y Avg
0.28
5Y Avg
0.29
Market Cap
$6.01B
Quick Ratio (Acid-Test)
1.82
TTM Avg
1.84
3Y Avg
1.67
5Y Avg
1.65
Market Cap
$10.83B
Quick Ratio (Acid-Test)
0.38
TTM Avg
0.47
3Y Avg
0.54
5Y Avg
0.54
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Conagra Brands, Inc. (CAG) | $7.29B | 0.31 | 0.33 | 0.29 | 0.30 |
| Molson Coors Beverage Company (TAP)vs › | $7.28B | 0.72 | 0.56 | 0.54 | 0.53 |
| Celsius Holdings, Inc. (CELH)vs › | $7.32B | 1.42 | 2.31 | 3.20 | 2.73 |
| Sprouts Farmers Market, Inc. (SFM)vs › | $7.01B | 0.43 | 0.46 | 0.54 | 0.53 |
| Lamb Weston Holdings, Inc. (LW)vs › | $6.63B | 0.74 | 0.74 | 0.67 | 0.89 |
| Smithfield Foods, Inc. (SFD)vs › | $8.10B | 1.34 | 1.34 | 1.17 | 1.17 |
| Campbell Soup Company (CPB)vs › | $6.47B | 0.33 | 0.31 | 0.28 | 0.29 |
| e.l.f. Beauty, Inc. (ELF)vs › | $6.01B | 1.82 | 1.84 | 1.67 | 1.65 |
| The Clorox Company (CLX)vs › | $10.83B | 0.38 | 0.47 | 0.54 | 0.54 |
| Stride, Inc. (LRN)vs › | $3.48B | 5.81 | 5.54 | 4.84 | 4.18 |
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 |
