Because the ratio came out above 1, it looks like Apple was in a healthy position to cover all of its upcoming liabilities as of late March 2021. The current and quick ratios are extremely similar.

Size up potential investments with profitability ratios, liquidity ratios, solvency ratios, and valuation ratios. Use them in combination for a comprehensive view.

The most common liquidity ratios used are the current ratio, quick ratio, and the cash ratio. These ratios are calculated using a company's current assets and current liabilities. What Does a ...

Absolute P/E ratio is the most common way to compare a company's stock price to its earnings, while relative P/E considers historical values or benchmarks.

The quick ratio compares the value of a company's most liquid assets to the value of its current liabilities so investors can get a sense of how well it can cover its expenses in the short term.