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Conagra Brands Inc   (CAG)
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Conagra Brands Inc 's Quick Ratio

CAG's quarterly Quick Ratio and Cash & cash equivalent, Current Liabilities growth


Regardless of the sequential decrease in Current Liabilities, during the second quarter 2023, Quick Ratio deteriorated to 0.02 below Conagra Brands Inc 's average Quick Ratio.

Within Food Processing industry 5 other companies have achieved higher Quick Ratio than Conagra Brands Inc in second quarter 2023. While Quick Ratio total ranking in the second quarter 2023 has deteriorated compared to the prior quarter from 59 to 77.

Explain Quick Ratio?
How much Cash & cash equivalents CAG´s has?
What are CAG´s Current Liabilities?


CAG Quick Ratio (Nov 26 2023)
II. Quarter
(Aug 27 2023)
I. Quarter
(May 28 2023)
IV. Quarter
(Feb 26 2023)
III. Quarter
(Nov 27 2022)
II. Quarter
Y / Y Current Liabilities Change 2.97 % -5.29 % 26.2 % 1.03 % 13.6 %
Y / Y Cash & cash equivalent Change 54.91 % 38.43 % 12.73 % -10.66 % -42.21 %
Quick Ratio MRQ 0.02 0.02 0.02 0.02 0.01
CAG's Total Ranking # 77 # 59 # 77 # 36 # 45
Seq. Current Liabilities Change -2.72 % -11.27 % 24.7 % -4.34 % -10.52 %
Seq. Cash & cash equivalent Change -34.08 % -0.64 % 31.88 % 79.35 % -41.1 %



Quick Ratio second quarter 2023 Company Ranking
Within: No.
Food Processing Industry # 6
Consumer Non Cyclical Sector # 12
Overall Market # 77


Quick Ratio Statistics
High Average Low
0.83 0.14 0
(Nov 27 2016)   (May 30, 2005)




Financial Statements
Conagra Brands Inc 's Current Liabilities $ 3,833 Millions Visit CAG's Balance sheet
Conagra Brands Inc 's Cash & cash equivalent $ 62 Millions Visit CAG's Balance sheet
Source of CAG's Sales Visit CAG's Sales by Geography


Cumulative Conagra Brands Inc 's Quick Ratio

CAG's Quick Ratio for the trailling 12 Months

CAG Quick Ratio

(Nov 26 2023)
II. Quarter
(Aug 27 2023)
I. Quarter
(May 28 2023)
IV. Quarter
(Feb 26 2023)
III. Quarter
(Nov 27 2022)
II. Quarter
Y / Y Current Liabilities TTM Growth 2.97 % -5.29 % 26.2 % 1.03 % 13.6 %
Y / Y Cash & cash equivalent TTM Growth 54.91 % 38.43 % 12.73 % -10.66 % -42.21 %
Quick Ratio TTM 0.02 0.02 0.02 0.02 0.02
Total Ranking TTM # 553 # 2266 # 73 # 3853 # 664
Seq. Current Liabilities TTM Growth -2.72 % -11.27 % 24.7 % -4.34 % -10.52 %
Seq. Cash & cash equivalent TTM Growth -34.08 % -0.64 % 31.88 % 79.35 % -41.1 %


On the trailing twelve months basis In Spite of the decrease in Current Liabilities in the II Quarter 2023 to $3,833.10 millions, cumulative Quick Ratio remained unchanged at 0.02 below the Conagra Brands Inc average Quick Ratio.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Food Processing industry 16 other companies have achieved higher Quick Ratio than Conagra Brands Inc . While Quick Ratio overall ranking has improved so far to 553, from total ranking during the twelve months ending first quarter 2023 at 2266.

Explain Quick Ratio?
How much Cash & cash equivalents CAG´s has?
What are CAG´s Current Liabilities?

TTM Quick Ratio Company Ranking
Within: No.
Within the Food Processing Industry # 17
Consumer Non Cyclical Sector # 37
Within the Market # 553


trailing twelve months Quick Ratio Statistics
High Average Low
0.43 0.14 0.02
(May 28 2017)   (May 28 2023)




Companies with similar Quick Ratio in the quarter ending Nov 26 2023, within Food Processing Industry Quick RatioNov 26 2023 MRQ Cash & cash equivalentNov 26 2023 MRQ Current Liabilities
Seneca Foods Corporation  0.03 $ 7.168  Millions$ 224.049  Millions
Conagra Brands Inc   0.02 $ 61.500  Millions$ 3,833.100  Millions

Date modified: 2024-01-05T13:35:34+00:00



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