Name: Quick Ratio

Definition: The quick ratio is like an emergency response measure: can the company pay off short-term debts without selling any inventory? It only counts cash, short-term investments, and receivables — assets that can quickly be turned into cash. A healthy quick ratio shows strong liquidity. A very low quick ratio means the company depends on selling inventory to meet short-term obligations — which can be risky if sales unexpectedly slow down.

Interpretation:
• In '2022', PLUS's quick ratio was 1.51, providing a stringent test of short-term liquidity. Industry average for Retail: Computer Software & Peripheral Equipment in '2022' stood at 0.92.
• In '2023', PLUS's quick ratio was 1.34, providing a stringent test of short-term liquidity. The decline from '2022' may indicate some operational or financial challenges. Industry average for Retail: Computer Software & Peripheral Equipment in '2023' stood at 1.46. Industry average increased by 0.55 compared to previous year.
• In '2024', PLUS's quick ratio was 1.59, providing a stringent test of short-term liquidity. The increase since '2023' reflects strengthening financial performance. Industry average for Retail: Computer Software & Peripheral Equipment in '2024' stood at 1.82. Industry average increased by 0.36 compared to previous year.
• In '2025', PLUS's quick ratio was 1.42, providing a stringent test of short-term liquidity. The decline from '2024' may indicate some operational or financial challenges. Industry average for Retail: Computer Software & Peripheral Equipment in '2025' stood at 1.42. Industry average declined by 0.41 from previous year.
Overall, PLUS's quick ratio has consistently declined during the past 4 years.

Formula: Quick Ratio = (Current Assets - Inventory) / Current Liabilities

Good Range: Normally between 0.8 and 1.5.