Lennar Corporation (LEN)

Quick ratio

Nov 30, 2025 Nov 30, 2024 Nov 30, 2023 Nov 30, 2022 Nov 30, 2021
Cash US$ in thousands 3,804,800 4,978,410 6,557,460 4,616,120 2,735,210
Short-term investments US$ in thousands 39,060 40,578 37,953 35,482 41,654
Receivables US$ in thousands 1,470,860 1,652,560 1,696,200 673,980 490,278
Total current liabilities US$ in thousands 5,496,030 7,834,560 6,726,060 1,616,130 1,321,250
Quick ratio 0.97 0.85 1.23 3.30 2.47

November 30, 2025 calculation

Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($3,804,800K + $39,060K + $1,470,860K) ÷ $5,496,030K
= 0.97