The quick ratio is an indicator of a company’s short-term liquidity position and measures a company’s ability to meet its short-term obligations with its most liquid assets. What Is the Quick ...

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.

See how we rate investing products to write unbiased product reviews. The quick ratio evaluates a company's ability to pay its current obligations using liquid assets. The higher the quick ratio ...

The quick ratio differs slightly. Its calculation subtracts inventory from current assets before they're divided by current liabilities. This ratio can present better insight into the short-term ...

They include the current ratio, the quick ratio, and the days sales outstanding ratio. In general, a higher liquidity ratio shows a company is more liquid and has better coverage of outstanding debts.

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.