Quick (Asset) Ratio is a liquidity measure: cash plus cash equivalents plus trade receivables divided by total current liabilities. Also known as the acid test ratio. It is a more stringent measure of short-term liquidity than the current ratio because it excludes inventories from current assets (which presumes that current liabilities cannot be paid with inventory).
Barry Goldsmith
| APA | Barry Goldsmith. (2010). Quick (Asset) Ratio. Retrieved September 20, 2026, from http://smartdefine.org/quick_(asset)_ratio/definitions/1161660 |
| Chicago | Barry Goldsmith. 2010. "Quick (Asset) Ratio" http://smartdefine.org/quick_(asset)_ratio/definitions/1161660 (accessed September 20, 2026). |
| Harvard | Barry Goldsmith 2010, Quick (Asset) Ratio, Smart Define, viewed 20 September, 2026, <http://smartdefine.org/quick_(asset)_ratio/definitions/1161660>. |
| MLA | Barry Goldsmith. "Quick (Asset) Ratio" 21 October 2010. Web. 20 September 2026. <http://smartdefine.org/quick_(asset)_ratio/definitions/1161660> |