Quick Ratio Calculator | Acid-Test Ratio

Quick Ratio Calculator: calculate the quick ratio from quick assets and current liabilities, or solve for a missing value.

Use this quick ratio calculator to calculate the quick ratio, quick assets, or current liabilities. Quick ratio, also called the acid-test ratio, is a widely used liquidity ratio that excludes inventory from current assets.

It is useful when you want a stricter short-term liquidity measure than the current ratio. Because inventory is often slower to convert into cash, the quick ratio gives a clearer view of near-term payment capacity.

Quick Ratio

$$\text{Quick Assets} = \text{Quick Ratio or Acid-test Ratio} \times \text{Current Liabilities}$$

$$\mathrm{QA} = \mathrm{QR} \times \mathrm{CL}$$

$$\text{Current Liabilities} = \frac{\text{Quick Assets}}{\text{Quick Ratio or Acid-test Ratio}}$$

$$\mathrm{CL} = \frac{\mathrm{QA}}{\mathrm{QR}}$$

$$\text{Quick Ratio or Acid-test Ratio} = \frac{\text{Quick Assets}}{\text{Current Liabilities}}$$

$$\mathrm{QR} = \frac{\mathrm{QA}}{\mathrm{CL}}$$

Initial Data

Quick Assets

Current Liabilities

Quick Ratio or Acid-test Ratio

Quick assets typically include cash, cash equivalents, marketable securities, and accounts receivable.

Profitability Ratios

Liquidity and Solvency Ratios

Debt Ratios

Market Ratios

Quick Ratio Calculator FAQ

What is the quick ratio?
The quick ratio compares quick assets with current liabilities. It measures short-term liquidity without relying on inventory.

What is the quick ratio formula?
Quick ratio = Quick assets / Current liabilities. This calculator can also solve for quick assets or current liabilities.

Why is it called the acid-test ratio?
Because it is a stricter test of liquidity than the current ratio. It removes inventory and focuses on assets that are closer to cash.

Quick ratio vs current ratio: which is better?
Neither is always better. Current ratio is broader, while quick ratio is stricter. Reviewing both usually gives a more useful liquidity picture.

How should I interpret quick ratio?
A higher quick ratio usually means stronger near-term liquidity because the company can cover obligations without relying on inventory sales. But the right level still depends on industry, cash cycle, and working capital structure.