Quick assets
Term · Insurance and risk management · MLC-T-INS-003720
The current assets of a company that are convertible into cash with minimal delay, generally within 90 days. These include cash, cash equivalents, marketable securities, and accounts receivable, but exclude inventory because its sale is less certain. The quick ratio, calculated by dividing quick assets by current liabilities, is a key measure of a company's short-term liquidity.
| Identifier | MLC-T-INS-003720 |
|---|---|
| Field | Insurance and risk management |
Record as JSON
{
"id": "MLC-T-INS-003720",
"term": "Quick assets",
"field": "Insurance and risk management",
"definition": "The current assets of a company that are convertible into cash with minimal delay, generally within 90 days. These include cash, cash equivalents, marketable securities, and accounts receivable, but exclude inventory because its sale is less certain. The quick ratio, calculated by dividing quick assets by current liabilities, is a key measure of a company's short-term liquidity.",
"url": "https://mlchart.com/terminology/insurance/quick-assets/"
}
Record 2,808 of 3,708 in Insurance and risk management terminology (MLC-0106). Request the full dataset.