McCormick & Company Incorporated (MKC)

Quick ratio

Nov 30, 2025 Nov 30, 2024 Nov 30, 2023 Nov 30, 2022 Nov 30, 2021
Cash US$ in thousands 95,900 186,100 166,600 334,000 351,700
Short-term investments US$ in thousands — — — — —
Receivables US$ in thousands 628,900 587,400 587,500 573,700 549,500
Total current liabilities US$ in thousands 3,062,200 2,882,800 3,098,900 3,432,400 3,223,800
Quick ratio 0.24 0.27 0.24 0.26 0.28

November 30, 2025 calculation

Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($95,900K + $—K + $628,900K) ÷ $3,062,200K
= 0.24