ANZ New Zealand

The quick assets ratio gives an indication of the level of liquid assets that can be used to meet short term liabilities.

Use information from your business' annual balance sheet statement to input into the calculator.

For information on using this calculator see below.

The quick assets ratio provides a more conservative measure than the working capital ratio in that it excludes stock (inventory). A ratio greater than 1:1 (i.e. 2:1) indicates that current liabilities can be met from current assets without having to liquidate stock.

Ratios should be considered over a period of time (say three years), in order to identify trends in the performance of the business.

The calculation used to obtain the ratio is:

Quick Assets Ratio =

  Current Assets - Stock  
      Current Liabilities