CH.AWAIS JAVED's Stock Profile on Pak Stock Exchange
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CH.AWAIS JAVED's Stock Profile

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Islamabad, Pakistan
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Rank 96

Previous Rank 64

Stocks & Cash

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

Cash Balance Rs. 499,250

Company Shares Cost Market Value Change
PMI
1st Prudent Modarba
1,000 750
@ 0.75
1,000
@ 1.00
250
33.33%
750 1,000 250
33.33%
Total Account Value Rs. 500,250

Transactions


Date Description
July 22, 2019 Bought 1,000 of PMI at Rs. 0.75
July 21, 2019 Cash Deposit
July 21, 2019 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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