If you want to know what is quick ratio, remember that it refers to the liquidity of a business in the short term about servicing its liabilities at present without requiring a loan or selling off its inventory or stock. It is an important indicator of the financial health of a business. It only considers the most liquid assets and cash reserves of a business. You can better understand the quick ratio meaning by seeing how it is calculated:
Quick ratio = Liquid assets like cash + Other equivalents + Accounts receivables / Current liabilities
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Your EMI Amount is
₹
13,107
Loan Amount
₹145,000
Min
Max
₹8,000
₹10,00,000
Interest rate
14%
12
30
Select EMI option
12 Months
3
36
Months
Months