The quick ratio compares the value of a company's most liquid assets to the value of its current liabilities so investors can get a sense of how well it can cover its expenses in the short term.

In cell B5, input the formula "=B3/B4" to divide your assets ... The most common liquidity ratios used are the current ratio, quick ratio, and the cash ratio. These ratios are calculated using ...

Key ratios for the retail sector are the current ratio, the quick ratio, gross profit margin, inventory turnover, return on assets, EBIT margin, and interest coverage ratio. The current ratio is ...

Because the ratio came out above 1, it looks like Apple was in a healthy position to cover all of its upcoming liabilities as of late March 2021. The current and quick ratios are extremely similar.