Hormel Foods Corporation (HRL)

Cash ratio

Oct 31, 2025 Oct 31, 2024 Oct 27, 2024 Oct 31, 2023 Oct 29, 2023
Cash and cash equivalents US$ in thousands 670,679 741,881 741,881 736,532 736,532
Short-term investments US$ in thousands 32,909 24,742 24,742 16,664 16,664
Total current liabilities US$ in thousands 1,380,800 1,399,300 1,399,300 2,311,780 2,311,780
Cash ratio 0.51 0.55 0.55 0.33 0.33

October 31, 2025 calculation

Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($670,679K + $32,909K) ÷ $1,380,800K
= 0.51