Conagra Brands Quick Ratio 2010-2024 | CAG
- Conagra Brands average quick ratio for 2023 was 0.3, a 3.45% increase from 2022.
- Conagra Brands average quick ratio for 2022 was 0.29, a 12.12% increase from 2021.
- Conagra Brands average quick ratio for 2021 was 0.33, a 17.5% decline from 2020.
Quick ratio can be defined as a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated by subtracting inventory from current assets and dividing by current liabilities.