New feature: Customize your PLUS research experience with My Preferences. Learn more.
Skip to main content

Quick Ratio Covenant Sample Clause


Book Publication Date: Nov 2014
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.
Type: Contract Clauses
PLI Item #: 129901
Practice Area: Corporate & Securities
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.