The financial ratio which divides a company's 'liquid assets' by 'current liabilities' is known by what popular term?
Toll Brothers Magazine and in 2012 Professional Builder Magazine named Toll Brothers 'Builder of the Year'. An analysis of the Q4 2015 financial reports indicates that Toll Brothers had a current ratio (current assets / current liabilities) of over 9. These assets provided Toll Brothers with working capital of over US$7.297 billion. Toll Brothers had a quick ratio (acid test) of 1.33. Toll Brothers had an accounts receivable turnover of 15.6 providing an average days' sales in accounts receivable of 23.4 days. Inventory turnover was 0.48 with an average days' sales in inventory of 764 days. Toll Brothers' had a debt-to-equity ratio
Quick ratio liquidity (i.e., the better able to meet current obligations using liquid assets). Quick ratio In finance, the quick ratio, also known as the acid-test ratio is a type of liquidity ratio which measures the ability of a company to use its "near cash" or quick assets to extinguish or retire its current liabilities immediately. Quick assets include those current assets that presumably can be quickly converted to cash at close to their book values. It is the ratio between quickly available or liquid assets and current liabilities. A normal liquid ratio is considered to be 1:1. A company with a