Quick Assets

Liquid Assets
Liquid assets are those holdings that can be quickly and easily converted into cash with minimal capital loss, playing a crucial role in assessing a company's liquidity and solvency.
Net Quick Assets
An essential liquidity measure that determines if a business can meet its short-term obligations with its most liquid assets.
Quick Assets
Quick assets, also known as liquid assets, are cash and other assets that can be quickly converted into cash without significant loss of value. They are crucial in assessing the short-term liquidity and financial health of a business.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.