Quick Assets

The Quick Assets calculator computes a metric for assets that can be quickly liquidated.

INSTRUCTIONS: Choose units and enter the following:

• (CSH) Cash
• (MS) Marketable Securities
• (RCB) Receivables

Quick Assets (QA): The calculator returns the value in US dollars.  However, this can be automatically converted to compatible units via the pull-down menu.

The Math / Science

The Quick Assets equation computes the value of the highly liquid assets.

Quick Assets are a subset of Current Assets, and include cash and assets that can be converted quickly to cash.

The Accounting Ratio Calculator provides numerous standard equations used in business accounting, including the following:

• Best Possible Days Sales Outstanding - gives useful insight into delinquencies, as it considers only Current Receivables.
• Current Ratio - A liquidity ratio that measures the ability to pay short-term liabilities.
• Days Sales Outstanding - tests the efficiency of the conversion of receivables into cash.
• Debt to Equity Ratio - measures how a company is leveraging its debt against the resources of its owners.
• Inventory Turnover Ratio - reveals how many times inventory turns over in a period
• Net Cash Flow from Operations - Net income - Increase in Receivables + Increase in Payables.
• Quick Assets - cash and assets that can be converted quickly to cash
• Quick Ratio (aka Acid Test) - measures the ability to pay short-term liabilities with cash and assets quickly convertible to cash
• Stockholder's Equity - sum of Common Stock at Par, Premium on Common Stock, Preferred Stock at Par, Premium on Preferred Stock and Retained Earnings