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Mccormick and Co Inc  (MKC)
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Mccormick And Co Inc's Quick Ratio

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


In the wake of the increase in Current Liabilities in the third quarter 2023, Quick Ratio fell to 0.05 below Mccormick And Co Inc average.

Within Food Processing industry only one company has achieved higher Quick Ratio in third quarter 2023. While Quick Ratio total ranking has improved so far during the III Quarter 2023 to 21, from total ranking in the second quarter 2023 at 4094.

Explain Quick Ratio?
How much Cash & cash equivalents MKCīs has?
What are MKCīs Current Liabilities?


MKC Quick Ratio (Aug 31 2023)
III. Quarter
(May 31 2023)
II. Quarter
(Feb 28 2023)
I. Quarter
(Nov 30 2022)
IV. Quarter
(Aug 31 2022)
III. Quarter
Y / Y Current Liabilities Change 0.97 % -20.62 % 7.94 % 6.47 % -0.66 %
Y / Y Cash & cash equivalent Change -55.02 % -60.9 % 5.44 % -5.03 % 10.01 %
Quick Ratio MRQ 0.05 0.05 0.11 0.1 0.11
MKC's Total Ranking # 21 # 4094 # 12 # 3190 # 3998
Seq. Current Liabilities Change 27.5 % -25.11 % -3.25 % 9.3 % 0.24 %
Seq. Cash & cash equivalent Change 21.43 % -64.29 % 6.83 % -2.88 % 5.56 %



Quick Ratio third quarter 2023 Company Ranking
Within: No.
Food Processing Industry # 2
Consumer Non Cyclical Sector # 4
Overall Market # 21


Quick Ratio Statistics
High Average Low
0.14 0.07 0.02
(Aug. 31, 2013)  




Financial Statements
Mccormick And Co Inc's Current Liabilities $ 3,171 Millions Visit MKC's Balance sheet
Mccormick And Co Inc's Cash & cash equivalent $ 155 Millions Visit MKC's Balance sheet
Source of MKC's Sales Visit MKC's Sales by Geography


Cumulative Mccormick And Co Inc's Quick Ratio

MKC's Quick Ratio for the trailling 12 Months

MKC Quick Ratio

(Aug 31 2023)
III. Quarter
(May 31 2023)
II. Quarter
(Feb 28 2023)
I. Quarter
(Nov 30 2022)
IV. Quarter
(Aug 31 2022)
III. Quarter
Y / Y Current Liabilities TTM Growth 0.97 % -20.62 % 7.94 % 6.47 % -0.66 %
Y / Y Cash & cash equivalent TTM Growth -55.02 % -60.9 % 5.44 % -5.03 % 10.01 %
Quick Ratio TTM 0.08 0.09 0.1 0.1 0.11
Total Ranking TTM # 84 # 3908 # 14 # 2479 # 280
Seq. Current Liabilities TTM Growth 27.5 % -25.11 % -3.25 % 9.3 % 0.24 %
Seq. Cash & cash equivalent TTM Growth 21.43 % -64.29 % 6.83 % -2.88 % 5.56 %


On the trailing twelve months basis Due to growth in Current Liabilities in the III Quarter 2023 to $3,171.00 millions, cumulative Quick Ratio decreased to 0.08 above the MKC average Quick Ratio.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Food Processing industry 4 other companies have achieved higher Quick Ratio than Mccormick And Co Inc. While Quick Ratio overall ranking has improved so far to 84, from total ranking during the twelve months ending second quarter 2023 at 3908.

Explain Quick Ratio?
How much Cash & cash equivalents MKCīs has?
What are MKCīs Current Liabilities?

TTM Quick Ratio Company Ranking
Within: No.
Within the Food Processing Industry # 5
Consumer Non Cyclical Sector # 11
Within the Market # 84


trailing twelve months Quick Ratio Statistics
High Average Low
0.12 0.07 0.03
(May 31 2021)   (May 31. 2009)




Companies with similar Quick Ratio in the quarter ending Aug 31 2023, within Food Processing Industry Quick RatioAug 31 2023 MRQ Cash & cash equivalentAug 31 2023 MRQ Current Liabilities
Tyson Foods Inc   0.09 $ 573.000  Millions$ 6,499.000  Millions
General Mills Inc   0.07 $ 490.900  Millions$ 7,067.800  Millions
Wk Kellogg Co  0.07 $ 64.000  Millions$ 931.000  Millions
Farmer Brothers Co  0.06 $ 4.038  Millions$ 68.620  Millions
Mccormick and Co Inc  0.05 $ 154.700  Millions$ 3,171.000  Millions
Ricebran Technologies  0.05 $ 0.466  Millions$ 10.039  Millions
Campbell Soup Co  0.04 $ 91.000  Millions$ 2,310.000  Millions
Seneca Foods Corporation  0.03 $ 12.081  Millions$ 432.817  Millions
Treehouse Foods Inc   0.03 $ 19.700  Millions$ 722.300  Millions
Conagra Brands Inc   0.02 $ 93.300  Millions$ 3,940.100  Millions
Flowers Foods Inc  0.02 $ 14.561  Millions$ 620.132  Millions
Chase General Corp  0.02 $ 0.020  Millions$ 1.074  Millions
Yotta Acquisition Corporation  0.02 $ 0.688  Millions$ 40.456  Millions
Stryve Foods Inc   0.02 $ 0.226  Millions$ 13.814  Millions
Planet Green Holdings Corp   0.01 $ 0.314  Millions$ 23.732  Millions

Date modified: 2023-10-04T09:29:35+00:00



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