Lamb Weston Holdings Inc (LW)
Current ratio
| Feb 28, 2025 | Nov 30, 2024 | Aug 31, 2024 | May 31, 2024 | May 26, 2024 | Feb 29, 2024 | Feb 25, 2024 | Nov 30, 2023 | Nov 26, 2023 | Aug 31, 2023 | Aug 27, 2023 | May 31, 2023 | May 28, 2023 | Feb 28, 2023 | Feb 26, 2023 | Nov 30, 2022 | Nov 27, 2022 | Aug 31, 2022 | Aug 28, 2022 | May 31, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 2,195,100 | 2,190,900 | 2,063,600 | 2,090,000 | 2,090,000 | 2,159,100 | 2,159,100 | 2,080,900 | 2,080,900 | 1,846,300 | 1,846,300 | 2,127,200 | 2,127,200 | 2,117,900 | 2,117,900 | 1,801,100 | 1,801,100 | 1,630,200 | 1,630,200 | 1,659,600 |
| Total current liabilities | US$ in thousands | 1,621,000 | 1,627,000 | 1,730,300 | 1,624,100 | 1,624,100 | 1,816,000 | 1,816,000 | 1,617,800 | 1,617,800 | 1,285,400 | 1,285,400 | 1,360,200 | 1,360,200 | 817,300 | 817,300 | 918,500 | 918,500 | 780,300 | 780,300 | 699,100 |
| Current ratio | 1.35 | 1.35 | 1.19 | 1.29 | 1.29 | 1.19 | 1.19 | 1.29 | 1.29 | 1.44 | 1.44 | 1.56 | 1.56 | 2.59 | 2.59 | 1.96 | 1.96 | 2.09 | 2.09 | 2.37 |
February 28, 2025 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $2,195,100K ÷ $1,621,000K
= 1.35
The current ratio of Lamb Weston Holdings Inc has fluctuated over the period covered in the data provided. It indicates the company's ability to cover its short-term obligations with its current assets.
The current ratio stood at 2.37 as of May 31, 2022, showing that Lamb Weston Holdings had $2.37 in current assets for every dollar of current liabilities. This suggests a strong liquidity position. However, the ratio declined to 1.44 by August 27, 2023, and remained at this level until August 31, 2023. A current ratio below 2 may indicate potential difficulties in covering short-term obligations.
The ratio improved to 1.35 by February 28, 2025, showing a slight recovery in the company's ability to meet its short-term obligations. However, it is important to note that the current ratio has generally been below 2 since August 31, 2023, which could signal some liquidity concerns or challenges in managing short-term obligations efficiently.
Overall, the trend in Lamb Weston Holdings Inc's current ratio suggests some fluctuations in liquidity levels over the period, indicating a need for further monitoring and analysis of the company's financial health and short-term liquidity management.
Peer comparison
Feb 28, 2025