Quick ratio (or acid test ratio) formula (ID: 242) [Edit]
Description of the Quick ratio (or acid test ratio) formula
Formula for the calculation of the quick ratio, also known as the acid-test ratio.
Formula
\[ \text{Quick ratio} = \frac {\text{Cash and cash equivalent}+\text{Marketable securities}+\text{Accounts receivable}} {\text{Current liabilities}} \ \]