Get the tools used by (smart)2 investors.

Quick Ratio for Kenvue Inc

Join now and get access to the full platform

Search for company or ETF

 

  0 results available. Select is focused ,type to refine list, press Down to open the menu,

KVUE: Kenvue Inc

Kenvue Inc. operates as a consumer health company in the United States, Europe, the Middle East, Africa, Asia-Pacific, and Latin America. It operates through three segments: Self Care, Skin Health and...

23.34 USD
Price
USD
Fair Value
Upside
17.67 - 24.46
52-week range

Analysis

Fiscal Years
Trailing Twelve Months
Fiscal Halfs
Fiscal Quarters
Daily
Hide this widget

The following section summarizes insights on Kenvue Inc's Quick Ratio:

Dec 2016Dec 2018Dec 2020Dec 2022Dec 20240.0x0.2x0.4x0.6x0.8x1.0x

Performance Summary
  • Kenvue's quick ratio last quarter was 0.6x
  • Kenvue's quick ratio for fiscal years ending January 2021 to 2024 averaged 0.6x.
  • Kenvue's operated at median quick ratio of 0.6x from fiscal years ending January 2021 to 2024.
  • Looking back at the last 5 years, Kenvue's quick ratio peaked in January 2023 at 0.9x.
  • Kenvue's quick ratio hit its 5-year low in January 2021 of 0.3x.
  • Kenvue's quick ratio decreased in 2023 (0.6x, -26.2%) and 2024 (0.6x, -10.6%) and increased in 2022 (0.7x, +110.7%) and 2023 (0.9x, +22.7%).

How does Kenvue's Quick Ratio benchmark against competitors?

Hide this widget

We've identified the following companies as similar to Kenvue Inc because they operate in a related industry or sector. We also considered size, growth, and various financial metrics to narrow down the list to the ones listed below.

Metric Usage: Quick Ratio

Hide this widget
quick_ratio
Slug
number
Datatype
text
Format
current
Default Period
FY, Q
Periods Supported
Free
Plan

To view the full list of supported financial metrics please see Complete Metrics Listing.

Similar Metrics

Hide this widget

Metrics similar to Quick Ratio in the risk category include:

View Full List

Search for metric or datapoint

Quick Ratio

A ratio used to assess a company's short-term liquidity.

Definition of Quick Ratio

Hide this widget

Quick Ratio or acid-test or liquidity ratio measures the ability of a company to use its near cash or quick assets to extinguish or retire its current liabilities immediately. Quick Ratio is defined as:

(Cash & ST Investments
  (+) Accounts Receivable)
(/) Current Liabilities
(=) Quick Ratio

Quick Ratio for Kenvue is calculated as follows:

(Cash & ST Investments [ 1.07 B ]
  (+) Accounts Receivable [ 2.165 B ]
(/) Current Liabilities [ 5.739 B ]
(=) Quick Ratio [ 0.6x ]

The tables below summarizes the trend in Kenvue’s quick ratio over the last five years:

Fiscal Year Cash & ST Investments Accounts Receivable Current Liabilities Quick Ratio
2021-01-03 618 M 1.858 B 7.494 B 0.3x
2022-01-02 740 M 2.074 B 4.042 B 0.7x
2023-01-01 1.231 B 2.122 B 3.926 B 0.9x
2023-12-31 1.382 B 2.073 B 5.481 B 0.6x
2024-12-29 1.07 B 2.165 B 5.739 B 0.6x

The tables below summarizes the trend in Kenvue’s quick ratio over the last four quarters:

Fiscal Year Cash & ST Investments Accounts Receivable Current Liabilities Quick Ratio
2024-03-31 1.155 B 2.16 B 6.166 B 0.5x
2024-06-30 1.014 B 2.24 B 5.937 B 0.5x
2024-09-29 1.057 B 2.394 B 5.946 B 0.6x
2024-12-29 1.07 B 2.165 B 5.739 B 0.6x

Read more on Wikipedia: Quick Ratio


Click the link below to download a spreadsheet with an example Quick Ratio calculation for Kenvue Inc below:

Sector Benchmark Analysis

Sector
Industry Group
Industry
Hide this widget
0.2x2.2x4.2x6.4x04080120

The chart above depicts the distribution of quick ratio for companies operating in the Consumer Staples sector in the Developed economic region. Over 1,075 companies were considered in this analysis, and 1,038 had meaningful values. The average quick ratio of companies in the sector is 1.1x with a standard deviation of 1.0x.

Kenvue Inc's Quick Ratio of 0.6x ranks in the 35.6% percentile for the sector. The following table provides additional summary stats:

Quick Ratio In The Consumer Staples Sector
Economic Risk RegionDeveloped
Total Constituents1,080
Included Constituents1,038
Min0.0x
Max6.2x
Median0.8x
Mean1.1x
Standard Deviation1.0x

You can find companies with similar quick ratio using this stock screener.

All rights reserved. Terms Of Use