J M Smucker Quick Ratio 2010-2024 | SJM
- J M Smucker average quick ratio for 2023 was 1.18, a 145.83% decline from 2022.
- J M Smucker average quick ratio for 2022 was 0.48, a 20% increase from 2021.
- J M Smucker average quick ratio for 2021 was 0.4, a 14.89% increase 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.