The Quick Ratio is a financial metric used in the construction industry to measure a company's ability to meet its short-term obligations with its most liquid assets. This ratio is calculated by subtracting inventory from the current assets and then dividing by the current liabilities. In the construction industry, where projects often require a significant amount of upfront costs for materials and labor, having a healthy Quick Ratio is essential to ensure that the company can cover its expenses and continue operations without facing liquidity issues.A high Quick Ratio indicates that a construction company has enough liquid assets, such as cash and accounts receivable, to cover its short-term liabilities, which is crucial for maintaining financial stability and meeting project deadlines. On the other hand, a low Quick Ratio may signal that the company is
What is Quick Ratio?
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