MKCNEUTRAL

MKC Current Ratio Analysis

0.78x

Updated 249h ago·SEC filings & market data

Key Takeaway

With a current ratio of 0.78x, MKC has less than $0.78 in short-term assets for every $1.00 of short-term liabilities, indicating the company may struggle to cover its near-term obligations.

Sector Performance

18th percentile

MKC

0.78x

Sector Median

1.26x

Sector Avg

2.61x

Prior Period

0.76x(Jun 2026)

↑ Improving

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Deep Analysis

With a current ratio of 0.78x, MKC has less than $0.78 in short-term assets for every $1.00 of short-term liabilities, indicating the company may struggle to cover its near-term obligations.

This is well below the sector median of 1.20x and places MKC at the 18th percentile among its peers, showing that most competitors maintain stronger liquidity. The year-over-year change is not available, but the metric improved by +2.6% quarter-over-quarter, rising from 0.76x to 0.78x. The combination of a low absolute level with a slight upward trend implies persistent liquidity risk that is partially offset by recent progress. This metric supports the overall NEUTRAL verdict, as the weak liquidity position is balanced by the positive quarter-over-quarter movement, neither strongly reinforcing nor contradicting the neutral stance.

Frequently Asked Questions

What does the Current Ratio tell investors about MKC?

Measures short-term financial health. A ratio above 1.5 is generally healthy; below 1.0 may indicate liquidity stress.

How is the Current Ratio calculated?

Current Ratio is calculated as: Current Assets / Current Liabilities.

Who are MKC's closest peers by Current Ratio?

The closest peers by Current Ratio include: NWS (1.62x), ESTC (1.68x), DXCM (1.73x), GLW (1.81x), TEL (1.88x).

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Learn More About Current Ratio

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Working capital is more than current assets minus liabilities. Learn why working capital matters for liquidity, efficiency, and competitive advantage, with real data from AMZN, COST, HD, and XOM.

The Formula

Current Assets / Current Liabilities

Why It Matters

Measures short-term financial health. A ratio above 1.5 is generally healthy; below 1.0 may indicate liquidity stress.