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Quick ratio calculator

Compute the quick (acid-test) ratio, excluding inventory from current assets.

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Current ratio calculatorCompute the current ratio from current assets and current liabilities.Debt-to-asset ratio calculatorThe debt-to-asset ratio — total liabilities ÷ total assets, expressed as a percentage — shows what share of a company's assets is financed by debt. A ratio of 40% means creditors fund 40% of the assets and owners the rest. It is a core solvency gauge; this is distinct from the debt-to-income ratio used for personal loans.Debt-to-equity ratio calculatorCompute a company's debt-to-equity ratio from total debt and equity.Debt service coverage ratio (DSCR) calculatorThe DSCR — net operating income ÷ total debt service — tells lenders whether a property or business earns enough to cover its loan payments. A DSCR of 1.25 means income is 25% above the debt due, the level most commercial lenders require. Below 1.0 the cash flow cannot cover the debt.Fixed charge coverage ratio (FCCR) calculatorThe fixed charge coverage ratio widens interest coverage to include lease and other fixed charges: (EBIT + fixed charges) ÷ (fixed charges + interest). Switch to EBITDA mode to add back depreciation and amortisation, and add principal repayments grossed up by the tax rate when a loan covenant defines FCCR that way. Lenders often require at least 1.25.Interest coverage ratio (ICR) calculatorThe interest coverage ratio — EBIT ÷ interest expense — shows how comfortably operating profit covers interest on debt. Analysts often use an EBITDA variant that adds depreciation and amortisation back, giving a cash-flow-based view of the same cushion. Values under 1.5 are generally seen as risky.Capital employed calculatorCapital employed — the total capital a business uses to generate profit — by any of the three standard methods: total assets minus current liabilities, non-current assets plus working capital, or equity plus non-current liabilities. Add operating profit (EBIT) and it also returns the ROCE.ROCE calculatorReturn on capital employed measures how much operating profit a company squeezes from every unit of long-term capital. It divides EBIT by capital employed (total assets minus current liabilities) — a favourite of value investors for comparing capital efficiency across firms and against the cost of capital.

Need Quick ratio? The Quick ratio calculator derives it from Current assets, Inventory, Current liabilities in one step. For instance, with Current assets = $100,000.00, Inventory = $40,000.00 and Current liabilities = $60,000.00 it returns Quick ratio = 1.

How to use it

  1. Enter your values: Current assets, Inventory, Current liabilities.
  2. Read the result instantly: Quick ratio.

Frequently asked questions

How does the Quick ratio calculator work?

It takes Current assets, Inventory and Current liabilities and derives Quick ratio from them. The calculation is live as you type, so the result updates on every change.

Which values does the calculator ask for?

3 values: Current assets ($), Inventory ($) and Current liabilities ($). Nothing else is required — no account, no file upload.

What does a typical calculation look like?

With Current assets = $100,000.00, Inventory = $40,000.00 and Current liabilities = $60,000.00, the calculator returns Quick ratio = 1. Those figures come from running this exact tool, so you can reproduce them by entering the same values.

When would I actually use this?

Running the week: issuing an invoice or a quote, knowing what is in stock and what to reorder, and seeing whether cash covers what is due.

What is the most common mistake?

Reading profit as cash. A profitable month with sixty-day payment terms can still leave the account empty — the two numbers answer different questions.

What is the difference between the Quick ratio calculator and the Current ratio calculator?

This one returns Quick ratio; the Current ratio calculator returns Current ratio. That is the whole difference — open the one whose figure you need.

Is there a tool for the next step?

Debt-to-asset ratio calculator is the closest one after this: The debt-to-asset ratio — total liabilities ÷ total assets, expressed as a percentage — shows what share of a company's assets is financed by debt. A ratio of 40% means creditors fund 40% of the assets and owners the rest. It is a core solvency gauge; this is distinct from the debt-to-income ratio used for personal loans.

What else is worth having open alongside it?

Debt-to-equity ratio calculator and Debt service coverage ratio (DSCR) calculator — they come up in the same task often enough to be worth a second tab.

Where do the figures come from, and how current are they?

The arithmetic is exact for what you enter. Invoice content, VAT treatment and mandatory mentions are set by national rules — an invoice that computes correctly can still be non-compliant.

Further reading

All guides →
ComparisonCurrent Ratio vs Quick Ratio, and What Neither Tells YouThe quick ratio removes inventory because inventory is the current asset that may not convert. Two companies with an identical current ratio can be five times apart on the quick ratio — and both measures are still blind to the one thing that actually stops a company paying: timing.ExplainerFixed-Charge Cover: the Ratio a Landlord or a Lender Looks AtThe same company, the same year, reads 1.02×, 1.52× or 2.56× depending on where rent is put and whether principal is grossed up for tax. Two of those pass a 1.25 covenant and one does not.ComparisonInterest Coverage and the Ratios a Lender Actually TestsA loan agreement's covenants are the ratios that can put a solvent, profitable company into default. Interest coverage, times interest earned and DSCR are not three measures — and the one that adds principal repayment is the one that bites.GuideBorrowing for the Business: What the Bank Looks At Before the RateThe coverage ratio is the gate, the guarantee is the second price and the rate is an output. On a 400,000 loan, cutting the rate by a full point moves the coverage ratio by 0.018 — while two extra years of term move it by 0.216. The whole negotiation is in the wrong place.ExplainerWACC Explained, and Why the Number Is Mostly an AssumptionWACC = E/V × Re + D/V × Rd × (1 − T). The tax shield makes debt genuinely cheaper, and the cost of equity comes from CAPM — whose beta and equity risk premium are estimates that move the answer by whole percentage points, and the valuation by a quarter.ExplainerReturn on Assets: What the Ratio Says About a Business, and What It HidesReturn on assets, return on net assets and return on capital employed are one family with two moving parts. On the same balance sheet they read 8.3%, 10.2% and 15.6% — and the two steps between them are exactly the two decisions you are making.
Quick ratio calculator — OneKitly