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Who
Already Uses REFS?
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Quick
ratio
This
expresses a company’s ability to repay short-term creditors,
or current liabilities, out of its most liquid assets. The quick
ratio is the result of dividing quick assets, the total of current
assets other than stocks and work in progress, by current liabilities.
It shows the number of times current liabilities are covered
by quick assets. A value greater than 1.00 indicates fully covered.
For banks and insurance companies, the quick ratio does not
apply, and the abbreviation ‘na’ appears.
Calculation:
TOTAL CURRENT
ASSESTS, LESS STOCKS & WIP
----------------------------------------------------
= QUICK RATIO (r)
CURRENT LIABILITIES
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REFS
is available in 3 formats to suit your needs 
Updated daily with data direct from the London
Stock Exchange 
Available
monthly or quarterly on CD
 
Available
monthly or quarterly in two hard-copy volumes
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