Accountancy · Class 12
Quick Ratio / Liquid Ratio Calculator for Class 12 Accountancy
Calculate quick ratio by removing inventory and prepaid expenses from current assets, then dividing quick assets by current liabilities.
Formula
Quick Ratio = Quick Assets ÷ Current Liabilities; Quick Assets = Current Assets − Inventory − Prepaid Expenses
Worked example
Current assets 2,00,000 less inventory 60,000 and prepaid expenses 10,000 gives quick assets 1,30,000.
The interactive calculator on this page accepts your own question values and displays the final answer with step-by-step working.
Frequently asked questions
What formula does the Quick Ratio Calculator use?
This calculator uses: Quick Ratio = Quick Assets ÷ Current Liabilities; Quick Assets = Current Assets − Inventory − Prepaid Expenses. The interactive page shows the working step by step.
Is the Quick Ratio Calculator free?
Yes. It is free to use and does not require a login.
Can I use the calculator for exam preparation?
Yes. Use it to check numerical working and then practise writing the formula, substitution and final answer yourself.
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