Calculate quick ratio. This calculator helps you calculate the quick ratio.
The quick ratio tells us the relationship between current assets and short-term debt, excluding inventory. It shows how well a company can meet its short-term financial obligations using assets that are quickly convertible to cash. Unlike the current ratio, this excludes inventory. In most cases, we want the quick ratio to be greater than or equal to 1.
Formula for quick ratio:
$$\frac{current~assets~-~inventory}{short\text{-}term~debt}$$
Result: