Business, Legal & Accounting Glossary
The ratio of liquid assets to current liabilities.
A financial ratio similar to the current ratio or working capital ratio, defined as: current assets minus stocks divided by current liabilities. It shows whether a company would be able to pay its debts if it needed to satisfy creditors but it had no time to sell any of its assets.
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This glossary post was last updated: 26th April, 2020 | 1 Views.