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"The Crown is entitled to roughly $599.5 million of the $1.175 billion in total dividends from the three gentailers."

by Ella Somers

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Strong week for NZ dollar

Attention focused on Thursday's Reserve Bank OCR decision

13th Sep 10, 9:37am

by bnzeconomists

Attention focused on Thursday's Reserve Bank OCR decision

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Definition: Acid test ratio. The acid-test ratio or 'quick ratio' helps to show whether a company can quickly pay off its short-term debts using its most liquid assets. A ratio above 1.0 is generally a good sign. This ratio is more conservative than the current ratio because it leaves out inventory and other assets that aren't easily converted into cash.

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