acid-test ratio; quick ratio
A financial metric measuring a company's ability to meet short-term obligations with its most liquid assets. Used in accounting and corporate finance.
If the acid-test ratio exceeds 1, short-term liquidity is considered sufficient.
流動比率 (current ratio) includes inventory and other current assets, while 当座比率 is stricter, using only cash, marketable securities, and receivables.
Compound of 当座 (とうざ, 'current; immediate') and 比率 (ひりつ, 'ratio'). The term is a direct translation of the English financial term 'acid-test ratio' or 'quick ratio'.