Hormel Foods Quick Ratio 2010-2025 | HRL

Hormel Foods quick ratio for the quarter ending January 31, 2025 was 1.31.

  • Hormel Foods average quick ratio for 2024 was 1, a 13.64% increase from 2023.
  • Hormel Foods average quick ratio for 2023 was 0.88, a 28.46% increase from 2022.
  • Hormel Foods average quick ratio for 2022 was 1.23, a 15.75% decline from 2021.

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.

Hormel Foods Quick Ratio 2010-2025 | HRL

  • Hormel Foods average quick ratio for 2024 was 1, a 13.64% increase from 2023.
  • Hormel Foods average quick ratio for 2023 was 0.88, a 28.46% increase from 2022.
  • Hormel Foods average quick ratio for 2022 was 1.23, a 15.75% decline from 2021.

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.
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