Quick Ratio
Current Assets – Inventory – Prepaid Assets / Current Liabilities
Excludes inventory and prepaid assets to show the company’s ability to cover current debts with its most liquid assets.
Your guide to a career in financeTM
Your guide to a career in financeTM
Current Assets – Inventory – Prepaid Assets / Current Liabilities
Excludes inventory and prepaid assets to show the company’s ability to cover current debts with its most liquid assets.