Corporate Accounting

Quick Ratio (Acid-Test)

A stricter liquidity test than the Current Ratio. It excludes inventory because inventory can take months to sell. Can the company pay its bills today?

Liquid Assets

Cash & Equivalents (₹)

Marketable Securities (₹)

Stocks/bonds that can be sold immediately.

Accounts Receivable (₹)

Money owed by customers (expected soon).

Current Liabilities

Total Current Liabilities (₹)

All debts and payables due within 1 year.

Acid-Test Results

Quick Ratio

1.33

Strong (Fully Liquid)

Total Quick Assets₹8,00,000