Kainat Ahmed's Stock Profile on Pak Stock Exchange
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Kainat Ahmed's Stock Profile

Student
Islamabad/Rawalpindi
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Stocks & Cash

This section shows the cash balance in this account and the details of the shares that are bought.

Cash Balance Rs. 500,000

There are no stocks in this account right now.
Total Account Value Rs. 500,000

Transactions


Date Description
November 9, 2018 Cash Deposited
November 9, 2018 Portfolio Created

Random Financial Term

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Quick Ratio

What you Need ?

Balance Sheet

Formula

Quick Ratio = (Current Assets - Inventory) / Current Liabilities

Meaning

The quick ratio (also known as the acid-test ratio) is similar to the quick ratio in that it's a measure of how well a company can meet its short-term financial liabilities. However, it takes the concept one step further. The quick ratio backs out inventory because it assumes that selling inventory would take several weeks or months. The quick ratio only takes into account those assets that could be used to pay short-term debts today.

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Based on 2019-04-21 data
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