quick asset


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Quick Assets

Highly liquid assets that a company holds. Quick assets are either cash and cash equivalents or anything that can quickly be changed into them. Examples include stocks and bonds. See also: Current assets.

quick asset

A current asset that is easily convertible into cash with no loss of value. Quick assets are often calculated as current assets minus inventories. See also net quick assets.
References in periodicals archive ?
Sun, the Sun logo, Sun Microsystems, SunService, the SunService logo, Sun Asset Survey Reporting Service and Sun Quick Asset Survey Service are trademarks or registered trademarks of Sun Microsystems, Inc.
Cash flow = Net income + Depreciation + Depletion + Amortization Net worth = Common stockholders' equity + Deferred income taxes Cash = Cash + Marketable securities Quick assets = Cash + Accounts receivable Working capital = Current assets - Current Liabilities Fund expenditures for operations = Operating expenses - Depreciation - Depletion - Amortization Defensive assets = Quick assets
InfoSonics ended the first quarter with quick assets (cash and accounts receivable) of $49.
InfoSonics ended the third quarter with quick assets (cash and accounts receivable) of $51.
InfoSonics ended the quarter with quick assets (cash and accounts receivable) of $45.