Lancaster Colony Quick Ratio 2010-2024 | LANC

Lancaster Colony quick ratio for the quarter ending September 30, 2024 was 1.5.

  • Lancaster Colony average quick ratio for 2023 was 1.32, a 10.92% increase from 2022.
  • Lancaster Colony average quick ratio for 2022 was 1.19, a 28.31% increase from 2021.
  • Lancaster Colony average quick ratio for 2021 was 1.66, a 25.23% 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.

Lancaster Colony Quick Ratio 2010-2024 | LANC

  • Lancaster Colony average quick ratio for 2023 was 1.32, a 10.92% increase from 2022.
  • Lancaster Colony average quick ratio for 2022 was 1.19, a 28.31% increase from 2021.
  • Lancaster Colony average quick ratio for 2021 was 1.66, a 25.23% 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.
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