Quick Ratio Analysis of JM Smucker Company - Deep Dive


Latest FY Quick Ratio
Period Ending - Apr-23

0.931


Not Good Quick Ratio
Period Ending - Apr-22
0.472

Poor Quick Ratio
Growth
97.37 %
Most recent Quarter Quick Ratio
Period Ending - Jan-24

0.380


Poor Quick Ratio
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
CodePricePrevious PricePrice ChangeSector
SJM111.64107.95 3.42 % Packaged Foods
Fundamental AnalysisTechnical Analysis
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 Formula

Quick Ratio Related Ratios
CurrentRatioShortTermDebtToEquityRatio

Tsr Stability Index
Mild Stability
FY - Historical Quick Ratio of JM Smucker Company
PeriodApr-23Apr-22Apr-21Apr-20Apr-19Apr-18Apr-17
Quick Ratio0.9310.4720.3420.6790.3050.6780.402
Change97.37 %37.72 %-49.56 %122.34 %-54.95 %68.72 %-27.71 %
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FY Chart of Quick Ratio of JM Smucker Company


Note : All Data Generated at the End of Trading Hours (EOD Data)