WK Kellogg Co (KLG)
Quick ratio
| Dec 31, 2023 | Sep 30, 2023 | ||
|---|---|---|---|
| Cash | US$ in thousands | 89,000 | 64,000 |
| Short-term investments | US$ in thousands | — | — |
| Receivables | US$ in thousands | 244,000 | 329,000 |
| Total current liabilities | US$ in thousands | 836,000 | 931,000 |
| Quick ratio | 0.40 | 0.42 |
December 31, 2023 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($89,000K
+ $—K
+ $244,000K)
÷ $836,000K
= 0.40
Peer comparison
Dec 31, 2023
Company name
Symbol
Quick ratio
WK Kellogg Co
KLG
0.40
General Mills Inc
GIS
0.30
Ingredion Incorporated
INGR
0.95
Kellanova
K
0.36
Post Holdings Inc
POST
1.73