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Tip of the Day

Tip of the Day Have An Emergency Fund

Have An Emergency Fund - In life, things happen that we don't expect, car breaks down or an appliance dies, and unless you have an emergency fund tucked away you...

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Quick Ratio

Definition: A ratio that measures a company's ability to meet its current liabilities with its liquid assets.

TeenAnalyst Advice: It's important that a company be able to pay their debts and other liabilities.  When using a quick ratio, it's a good rule of thumb that a healthy company should have at least a ratio of 1.0.

To calculate this, divide the liquid assets (cash, accounts receivable, and marketable securities) by the company's current liabilities.

 

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Daily Definition

Definition of the Day Unit Linked

Unit Linked This type of fund is usually found in Great Britain and it has many different assets linked to the overall fund. This is usually part of a life insurance policy and each life insurance contribution that you make will be linked to other aspects of the fund. This...

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