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The quick assets ratio gives an indication of the level of liquid assets that can be used to meet short term liabilities. Use information from your business' annual balance sheet statement to input into the calculator. For information on using this calculator see below. |
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The quick assets ratio provides a more conservative measure than the working capital ratio in that it excludes stock (inventory). A ratio greater than 1:1 (i.e. 2:1) indicates that current liabilities can be met from current assets without having to liquidate stock. Ratios should be considered over a period of time (say three years), in order to identify trends in the performance of the business. The calculation used to obtain the ratio is: Quick Assets Ratio =
Current Assets - Stock
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NOTE: The calculator is provided for illustrative purposes only and the calculations are based on the accuracy of the information provided by you. The information about the calculators and the results of the calculations are necessarily general and are only intended as a guide. When deciding on what your business will do, many factors need to be considered, including your business' situation and financial position. ANZ will not store the information provided in this calculator. |