Hormel Foods Corporation (HRL)

Quick ratio

Oct 31, 2025 Oct 31, 2024 Oct 27, 2024 Oct 31, 2023 Oct 29, 2023
Cash 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
Receivables US$ in thousands 881,603 868,288 868,288 824,633 824,633
Total current liabilities US$ in thousands 1,380,800 1,399,300 1,399,300 2,311,780 2,311,780
Quick ratio 1.15 1.17 1.17 0.68 0.68

October 31, 2025 calculation

Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($670,679K + $32,909K + $881,603K) ÷ $1,380,800K
= 1.15