Lancaster Colony Current Ratio 2010-2024 | LANC
- Lancaster Colony average current ratio for 2023 was 2.25, a 9.76% increase from 2022.
- Lancaster Colony average current ratio for 2022 was 2.05, a 16.33% increase from 2021.
- Lancaster Colony average current ratio for 2021 was 2.45, a 16.95% decline from 2020.
Current ratio can be defined as a liquidity ratio that measures a company's ability to pay short-term obligations.