Quick Ratio means the ratio of:
Quick Ratio means the ratio of Current Assets less inventory (net of LIFO Reserve), to Current Liabilities.
Examples of Quick Ratio in a sentence
UNDP will check the financial accounts to compute the Quick Ratio (QR).
Quick Ratio =Cash +Marketable SecuritiesCurrent LiabilitiesThe exclusion of accounts receivable and inventory is not a hard and fast rule.
The calculation of Quick Ratio is based on current assets minus inventories divided by current liabilities.
For example, when measuring financial health through the Public Housing Assessment System (PHAS), HUD examines a PHA’s Quick Ratio (a measure of liquidity) and Months Expendable Net Assets Ratio (a measure of the adequacy of reserves).
Quick Ratio (current assets / current liabilities) > 1.0. (For JV/Consortium/Association, all Parties cumulatively should meet requirement).
More Definitions of Quick Ratio
Quick Ratio means, with respect to Lessee at any time, the ratio, determined on a consolidated basis in accordance with GAAP, of:
Quick Ratio means, with respect to any Person at any time, the ratio, determined on a consolidated basis in accordance with GAAP, of:
Quick Ratio means, as of any date of determination, for the Borrower and its Subsidiaries on a consolidated basis, the ratio of (a) the sum of unrestricted cash, unrestricted cash equivalents and accounts receivable convertible into cash to (b) the sum of (i) total current liabilities plus (ii) the Outstanding Amount of all Revolving Line of Credit Loans plus (iii) the current portion of the Outstanding Amount of all Term Commitment Loans.
Quick Ratio means, as of an applicable date of determination, Quick Assets divided by Current Liabilities, excluding Subordinated Debt.
Quick Ratio means a numerical relationship that represents the degree to which liabilities are covered by the most liquid current assets and is calculated by dividing cash and equiva- lents, plus receivables, by current liabilities.
Quick Ratio means, with respect to Borrower and its Subsidiaries at any time, the ratio, determined on a consolidated basis in accordance with GAAP, of:
Quick Ratio. Borrower shall maintain a ratio of Quick Assets (defined below) to current liabilities less deferred revenue of not less than 1.50:1.0.