> ## Knowledge Base Index
> Fetch the complete knowledge base index at: https://biasinvestors.crisp.help/sitemap.xml
> Use this file to discover available pages before exploring further.
> Pure-Markdown content can be obtained by appending a '.md' suffix to the content URLs listed in the sitemap (without the trailing slash).

# Acid Test Ratio

A more stringent test of a corporation’s liquidity than the current ratio. It is calculated by adding cash, cash equivalents, and accounts and notes receivable and dividing that sum by the total current liabilities. (Current assets less inventories divided by current liabilities) It is also known as the [Quick Asset Ratio](/en/article/quick-asset-ratio-lledvu/).