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 ?
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
However, it's what's up front that counts; that is, you can't judge this ratio unless you also have the quick ratio, for there may be enough quick assets so that you needn't rely on inventory at all.
InfoSonics ended the first quarter with quick assets (cash and accounts receivable) of $49.
For the ratios of current assets to current liabilities and of quick assets to current liabilities, Forecast Model No.
InfoSonics ended the third quarter with quick assets (cash and accounts receivable) of $51.
Some analysts define the quick assets as current assets minus inventory.