cash ratio
Noun
The most conservative of the liquidity ratios as it considers only actual cash and cash equivalent balances as available for paying off current liabilities: (Cash + Cash Equivalents) ÷ Current Liabilities.
The most conservative of the liquidity ratios as it considers only actual cash and cash equivalent balances as available for paying off current liabilities: (Cash + Cash Equivalents) ÷ Current Liabilities.
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