#Liquidity101 Liquidity" refers to how quickly and easily an asset can be converted into cash without significantly affecting its price. It’s a key concept in finance and economics.
Types of Liquidity:
Market Liquidity:
The ability to buy or sell an asset (like stocks, bonds, or real estate) quickly without causing a major price change.
High liquidity: Stocks of large companies, major currencies.
Low liquidity: Rare collectibles, real estate.
Accounting Liquidity:
A company's ability to meet its short-term financial obligations using its current assets.
Common liquidity ratios include:
Current Ratio = Current Assets / Current Liabilities
Quick Ratio = (Current Assets - Inventory) / Current Liabilities
Cash Liquidity:
Simply refers to how much cash or cash-equivalent assets you have on hand.
Why Liquidity Matters:
For investors: High liquidity = easier to enter or exit positions.
For companies: Strong liquidity = better ability to pay bills and survive downturns.
For economies: Liquidity ensures smoother market operations and financial stability.
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