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 '2021', VALU's quick ratio was 1.79, providing a stringent test of short-term liquidity. Industry average for Investment Managers in '2021' stood at 2.53.
• In '2022', VALU's quick ratio was 2.53, providing a stringent test of short-term liquidity. The increase since '2021' reflects strengthening financial performance. Industry average for Investment Managers in '2022' stood at 2.24. Industry average declined by 0.29 from previous year.
• In '2023', VALU's quick ratio was 2.77, providing a stringent test of short-term liquidity. The increase since '2022' reflects strengthening financial performance. Industry average for Investment Managers in '2023' stood at 2.52. Industry average increased by 0.28 compared to previous year.
• In '2024', VALU's quick ratio was 3.14, providing a stringent test of short-term liquidity. The increase since '2023' reflects strengthening financial performance. Industry average for Investment Managers in '2024' stood at 2.51. Industry average declined by 0.01 from previous year.
Overall, VALU's quick ratio has been volatile but showed an upward trend over the past 4 years.

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

Good Range: Normally between 0.8 and 1.5.