Quick ratio

$$\frac{\text{Current assets}-\text{Inventory}}{\text{Current liabilities}}$$

Liquidity test stripped of inventory — measures cash + receivables coverage of short-term obligations.

Direction: Higher better Category: liquidity

Inputs (XBRL fallback chains):

• current_assets: AssetsCurrent
• current_liabilities: LiabilitiesCurrent
• inventory: InventoryNet

Returns None when: Returns None when Current assets or Current liabilities is missing. Inventory defaults to 0 if absent.

Source code

Implementation: quick_ratio in src/eqtytrk/metrics/ratios.py (or valuation.py for multiples).