Another name for the quick ratio. American Banker Glossary
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Also called the quick ratio, the ratio of current assets minus inventories ( inventory), accruals ( accrued interest), and prepaid items to current liabilities. Bloomberg Financial Dictionary
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An accounting ratio, usually defined as current assets (with the exception of stocks) divided by creditors falling due within one year. It is designed to test the short term solvency of a company, in a way similar to the current ratio and its interpretation is similar to the current ratio. It is also known as the quick ratio. Dresdner Kleinwort Wasserstein financial glossary
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acid test ratio UK US noun [S] (also acid ratio, also current ratio, also liquid ratio, also liquidity ratio, also quick ratio, also quick-assets ratio) ACCOUNTING
► a measure of a company's ability to pay costs and make necessary payments in the near future. It is calculated by adding together its cash and assets that can easily be changed into cash, and dividing the total by the number of debts that it has.
Financial and business terms. 2012.