Liquid Assets

Calculation: Cash +  Receivables + Short-Term Investments.

Example: The Round Number Company

Cash = 10; Receivables = 20; Short-term Investments = 3

     Quick Assets =  10 + 20 + 3 = 33

Liquid Assets include the Current Assets that can quickly (and easily) be converted to cash.

Also called Quick Assets

 

Liquid Assets

Full us flag term list.