Safeer Altaf Mughal's Stock Profile on Pak Stock Exchange
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Safeer Altaf Mughal's Stock Profile

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University of Karachi (KU)
Karachi
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Rank 90

Previous Rank 34

Stocks & Cash

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

Cash Balance Rs. 1,456

Company Shares Cost Market Value Change
KEL
K-Electric Ltd.
59,000 272,480
@ 4.62
246,620
@ 4.18
-25,860
-9.49%
SPL
Sitara Peroxide
12,600 252,000
@ 20.00
254,142
@ 20.17
2,142
0.85%
524,480 500,762 -23,718
-4.52%
Total Account Value Rs. 502,218

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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