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Lifeway Foods Inc   (LWAY)
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Lifeway Foods Inc 's Quick Ratio

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


Lifeway Foods Inc 's Cash & cash equivalent grew by 4.48 % in the IV Quarter 2023 sequentially, faster than Current Liabilities, this led to improvement in Lifeway Foods Inc 's Quick Ratio to 0.79, above Lifeway Foods Inc average Quick Ratio.

Within Food Processing industry 9 other companies have achieved higher Quick Ratio than Lifeway Foods Inc in forth quarter 2023. While Quick Ratio total ranking has improved so far during the IV Quarter 2023 to 1071, from total ranking in the third quarter 2023 at 1892.

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


LWAY Quick Ratio (Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Current Liabilities Change 27.4 % 13.18 % 10.05 % 5.17 % 8.12 %
Y / Y Cash & cash equivalent Change 196.98 % 41.41 % 14.71 % -34.78 % -51.87 %
Quick Ratio MRQ 0.79 0.77 0.61 0.38 0.34
LWAY's Total Ranking # 1071 # 1892 # 1941 # 2718 # 2588
Seq. Current Liabilities Change 1.27 % 35.23 % -12.02 % 5.74 % -10.04 %
Seq. Cash & cash equivalent Change 4.48 % 69.58 % 43 % 17.21 % -50.25 %



Quick Ratio forth quarter 2023 Company Ranking
Within: No.
Food Processing Industry # 10
Consumer Non Cyclical Sector # 26
Overall Market # 1071


Quick Ratio Statistics
High Average Low
1.16 0.62 0.22
(Jun 30 2021)   (Mar 31 2020)




Financial Statements
Lifeway Foods Inc 's Current Liabilities $ 17 Millions Visit LWAY's Balance sheet
Lifeway Foods Inc 's Cash & cash equivalent $ 13 Millions Visit LWAY's Balance sheet
Source of LWAY's Sales Visit LWAY's Sales by Geography


Cumulative Lifeway Foods Inc 's Quick Ratio

LWAY's Quick Ratio for the trailling 12 Months

LWAY Quick Ratio

(Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Current Liabilities TTM Growth 27.4 % 13.18 % 10.05 % 5.17 % 8.12 %
Y / Y Cash & cash equivalent TTM Growth 196.98 % 41.41 % 14.71 % -34.78 % -51.87 %
Quick Ratio TTM 0.65 0.54 0.49 0.48 0.54
Total Ranking TTM # 2133 # 1594 # 3946 # 4113 # 3681
Seq. Current Liabilities TTM Growth 1.27 % 35.23 % -12.02 % 5.74 % -10.04 %
Seq. Cash & cash equivalent TTM Growth 4.48 % 69.58 % 43 % 17.21 % -50.25 %


On the trailing twelve months basis LWAY Cash & cash equivalent more than doubled by 196.98 % in IV Quarter 2023 year on year, faster than Current Liabilities, this led to increase in in Lifeway Foods Inc 's Quick Ratio to 0.65, above LWAY average Quick Ratio.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Food Processing industry 33 other companies have achieved higher Quick Ratio than Lifeway Foods Inc . While Quick Ratio total ranking has deteriorated compared to the previous twelve months ending in the third quarter 2023 from 1594 to 2133.

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

TTM Quick Ratio Company Ranking
Within: No.
Within the Food Processing Industry # 34
Consumer Non Cyclical Sector # 103
Within the Market # 2133


trailing twelve months Quick Ratio Statistics
High Average Low
0.97 0.61 0.32
(Jun 30 2021)   (Jun 30 2019)




Companies with similar Quick Ratio in the quarter ending Dec 31 2023, within Food Processing Industry Quick RatioDec 31 2023 MRQ Cash & cash equivalentDec 31 2023 MRQ Current Liabilities
Chase General Corp  2.10 $ 0.250  Millions$ 0.119  Millions
Tootsie Roll Industries inc  1.81 $ 171.797  Millions$ 94.888  Millions
Sovos Brands Inc  1.59 $ 231.988  Millions$ 146.026  Millions
The Simply Good Foods Company  1.54 $ 121.391  Millions$ 78.989  Millions
Medifast Inc   1.02 $ 94.440  Millions$ 92.300  Millions
Lifeway Foods Inc   0.79 $ 13.198  Millions$ 16.616  Millions
Bridgford Foods Corporation  0.73 $ 12.648  Millions$ 17.236  Millions
Bellring Brands Inc   0.52 $ 85.000  Millions$ 162.500  Millions
Benson Hill Inc   0.50 $ 48.680  Millions$ 96.729  Millions
Treehouse Foods Inc   0.45 $ 320.300  Millions$ 704.300  Millions
Sow Good Inc   0.42 $ 2.410  Millions$ 5.771  Millions
Whole Earth Brands Inc   0.33 $ 30.513  Millions$ 91.585  Millions
The Hain Celestial Group Inc   0.30 $ 53.672  Millions$ 176.623  Millions
J and j Snack Foods Corp   0.30 $ 50.020  Millions$ 165.315  Millions
Rocky Mountain Chocolate Factory Inc   0.29 $ 2.082  Millions$ 7.079  Millions
Pilgrim s Pride Corporation  0.29 $ 731.223  Millions$ 2,495.867  Millions
Tyson Foods Inc   0.24 $ 1,484.000  Millions$ 6,172.000  Millions
Utz Brands Inc   0.23 $ 52.023  Millions$ 223.037  Millions
Ingredion Incorporated  0.23 $ 409.000  Millions$ 1,772.000  Millions
Post Holdings Inc   0.20 $ 166.000  Millions$ 835.300  Millions
Kraft Heinz Co  0.17 $ 1,400.000  Millions$ 8,037.000  Millions

Date modified: 2024-03-20T23:14:32+00:00



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