Immediate Liquidity Check: Quick Ratio (Acid-Test) Calculator
Quick Ratio (Acid-Test) Calculator
Measure your company's immediate liquidity by calculating the Quick Ratio, excluding inventory.
Input Your Data
Assets convertible to cash within one year (e.g., cash, accounts receivable, inventory).
The value of goods available for sale.
Obligations due within one year (e.g., accounts payable, short-term loans).
Your Results
Quick Assets:
$0.00
Current assets easily convertible to cash, excluding inventory.
Quick Ratio:
0.00
Indicates a company's ability to meet its short-term obligations with its most liquid assets.
How It Works
- Enter your company's total current assets.
- Input your company's inventory value.
- Provide your company's total current liabilities.
- Click "Calculate" to see your Quick Assets and the Quick Ratio.
- The "Clear" button will reset all fields.
Formula for Quick Assets: Current Assets - Inventory
Formula for Quick Ratio: Quick Assets / Current Liabilities
Interpretation: A ratio of 1.0 or higher is generally considered healthy, indicating the company has enough liquid assets to cover its current liabilities.
