McCormick & Company Incorporated (MKC)

Cash ratio

Nov 30, 2025 Nov 30, 2024 Nov 30, 2023 Nov 30, 2022 Nov 30, 2021
Cash and cash equivalents US$ in thousands 95,900 186,100 166,600 334,000 351,700
Short-term investments US$ in thousands — — — — —
Total current liabilities US$ in thousands 3,062,200 2,882,800 3,098,900 3,432,400 3,223,800
Cash ratio 0.03 0.06 0.05 0.10 0.11

November 30, 2025 calculation

Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($95,900K + $—K) ÷ $3,062,200K
= 0.03