Skip to main content

Download Form

Quick Ratio Covenant Sample Clause

Description: Coverage tests are financial covenants that relate to a company's ability to service its debt out of income or cash flow. This sample clause describes a "quick ratio" of cash, cash equivalents, and receivables to current liabilities.
Form Type: Contract Clauses
Practice Area: Corporate & Securities

Date: Nov 2014
PLI Item #: 129901
Keywords: "quick ratio"; cash; "cash equivalents"; covenant; receivables; "current liabilities"; "financial covenants"
Thank you for exploring PLI PLUS.
The content on this page is only available to subscribers.

To learn more about PLI PLUS subscriptions
please click on the link below or contact us at PLUS@pli.edu.