net quick assets
Net quick assets
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
Net Quick Assets
A measure of a company's liquidity. It is calculated as taking all current assets and subtracting inventories and current liabilities. Higher net quick assets are considered desirable.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
net quick assets
Current assets readily convertible into cash minus current liabilities. A large amount of net quick assets often characterizes a conservative firm with a very liquid financial position.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.