net quick assets

Net quick assets

Cash, marketable securities, and accounts receivable less current liabilities.

Net Quick Assets

A measure of a company's liquidity. It is calculated as taking all current assets and subtracting inventories and current liabilities. Higher net quick assets are considered desirable.

net quick assets

Current assets readily convertible into cash minus current liabilities. A large amount of net quick assets often characterizes a conservative firm with a very liquid financial position.