#Liquidity101 Key Points:
High liquidity means an asset can be quickly sold at or near its market price.
Examples: Cash, stocks of major companies, U.S. Treasury bonds.
Low liquidity means it takes longer to sell the asset, and you may have to accept a lower price.
Examples: Real estate, collectibles, privately held businesses.
Types of Liquidity:
1. Market Liquidity – How easily assets are bought or sold in a market.
2. Accounting Liquidity – A company's ability to meet short-term obligations, often measured by ratios like:
Current Ratio = Current Assets / Current Liabilities
Quick Ratio = (Current Assets - Inventory) / Current Liabilities
Why Liquidity Matters:
Investors prefer liquid markets because they can enter and exit positions easily.
Businesses need liquidity to pay bills and manage operations smoothly.
Central banks monitor liquidity to ensure financial stability.