Quick Ratio Analysis of JM Smucker Company - Deep Dive
Latest FY Quick Ratio
Period Ending - Apr-23
Not Good Quick Ratio
0.931
Period Ending - Apr-22
Poor Quick Ratio
0.472
Growth
97.37 %
Most recent Quarter Quick Ratio
Period Ending - Jan-24
Poor Quick Ratio
0.380
Quick Ratio Analysis of JM Smucker Company
Quick Ratio of JM Smucker Company with value of 0.380 indicates company has highly illiquid balance sheet ro pay its obligations in latest Quarter ending on Jan-24. |
Quick Ratio of SJM rose handsomely by 97.37 % this year. |
Quick Ratio with value of 0.931 was highest in Year Apr-23 in last Five Years. |
Quick Ratio with value of 0.305 was lowest in Year Apr-19 in last Five Years. |
Latest Quick Ratio with value of 0.931 is Greater than Average Quick Ratio of 0.546 in last five years. |
Other Quick Ratio Related Info of SJM that may interest you.
JM Smucker Company Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
SJM | 111.64 | 107.95 | 3.42 % | Packaged Foods |
Defination of Quick Ratio
Quick assets are those assets that can be converted quickly into cash. It indicates whether the company can pay its current short-term obligations or not using its quick assets. This metric is an improved version of the current ratio. more ..Quick Ratio Related Ratios
CurrentRatio | ShortTermDebtToEquityRatio |
Tsr Stability Index
Mild Stability |
FY - Historical Quick Ratio of JM Smucker Company
Period | Apr-23 | Apr-22 | Apr-21 | Apr-20 | Apr-19 | Apr-18 | Apr-17 |
---|---|---|---|---|---|---|---|
Quick Ratio | 0.931 | 0.472 | 0.342 | 0.679 | 0.305 | 0.678 | 0.402 |
Change | 97.37 % | 37.72 % | -49.56 % | 122.34 % | -54.95 % | 68.72 % | -27.71 % |
FY Chart of Quick Ratio of JM Smucker Company
Note : All Data Generated at the End of Trading Hours (EOD Data)