Quick ratio
Quick ratio: use cash & equivalents, marketable securities, net receivables. Review the formula, worked example and calculation steps.
Inputs
Use the units shown—
Enter your values and select Calculate.
Formula & explanation
Quick ratio = (cash + marketable securities + receivables)/current liabilities
Variables & units
- Cash & equivalents
- currency · minimum 0, maximum 1000000000000
- Marketable securities
- currency · minimum 0, maximum 1000000000000
- Net receivables
- currency · minimum 0, maximum 1000000000000
- Current liabilities
- currency · minimum 0.000001, maximum 1000000000000
Worked example
Quick assets15000 and liabilities10000 gives1.5.
Assumptions
Excludes inventory and prepayments; classification and collectability matter.
Formula version 1.0.0. JavaScript floating-point arithmetic applies. Results display up to 6 decimal places; stored values retain available precision. Use the units shown.
Practice with an example
Use the default input values to find the answer. The reset icon restores those values.
Calculated on your device. Your latest 100 calculations stay in this browser.