Lamb Weston Holdings Inc (LW)
Quick 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash | US$ in thousands | 67,500 | 79,000 | 120,800 | 71,400 | 71,400 | 62,300 | 62,300 | 78,300 | 78,300 | 163,300 | 163,300 | 304,800 | 304,800 | 675,000 | 675,000 | 419,400 | 419,400 | 485,300 | 485,300 | 525,000 |
| Short-term investments | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Receivables | US$ in thousands | — | — | — | — | 743,600 | — | 736,200 | — | 766,200 | — | 725,700 | — | 724,200 | — | 500,500 | — | 508,900 | — | 449,500 | — |
| 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 |
| Quick ratio | 0.04 | 0.05 | 0.07 | 0.04 | 0.50 | 0.03 | 0.44 | 0.05 | 0.52 | 0.13 | 0.69 | 0.22 | 0.76 | 0.83 | 1.44 | 0.46 | 1.01 | 0.62 | 1.20 | 0.75 |
February 28, 2025 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($67,500K
+ $—K
+ $—K)
÷ $1,621,000K
= 0.04
The quick ratio of Lamb Weston Holdings Inc has fluctuated over the periods provided in the data. The quick ratio, also known as the acid-test ratio, measures the company's ability to meet its short-term obligations using its most liquid assets. A quick ratio of less than 1 indicates that the company may have difficulty meeting its short-term liabilities.
Based on the data provided, the quick ratio has ranged from a low of 0.03 to a high of 1.44. The lowest quick ratio of 0.03 was reported on February 29, 2024, while the highest quick ratio of 1.44 was seen on February 26, 2023.
It is important to note that a quick ratio below 1 may indicate that the company does not have enough liquid assets to cover its current liabilities, which could pose a risk in meeting its short-term obligations. On the other hand, a quick ratio above 1 signifies that the company has an adequate amount of liquid assets to cover its short-term liabilities.
Overall, the fluctuating quick ratio of Lamb Weston Holdings Inc suggests varying levels of liquidity and ability to meet short-term obligations over the periods analyzed. It would be advisable for stakeholders to closely monitor the company's liquidity position and financial health.
Peer comparison
Feb 28, 2025