President Trump didn't exactly boot Steve Bannon from his ruling circle of relatives and Wall Street hotshots he might like to have as relatives. True, he threw Bannon off the National Security Council in an abrupt manner. And he piled further indignity on the self-proclaimed architect of hiâ¦ Read more.
What is the 'Acid-Test Ratio'. The acid-test ratio is a strong indicator of whether a firm has sufficient short-term assets to cover its immediate liabilities. Commonly known as the quick ratio, this metric is more robust than the current ratio, also known as the working capital ratio, since it ignores illiquid assets such as inventory. Calculated by:
A liquidity ratio calculated as current assets divided by current liabilities. Nike Inc.'s current ratio deteriorated from 2013 to 2014 and from 2014 to 2015. Quick ratio. A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities. Nike Inc.'s quick ratio deteriorated from 2013 to 2014 and from 2014 to 2015. Cash ratio. A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities. Nike Inc.'s cash ratio deteriorated from 2013 to 2014 and from 2014 to 2015.