qualified audit report
An auditor's report in which the auditors have been unable to satisfy themselves that the accounts give a true and fair view of a company's affairs.
Four days traditionally taken as the beginning or end of the four quarters of the year. These are usually 31st March, 30th June, 30th September and 31st December.
Assets held in cash or something that can be readily turned into cash, such as debtors/receivables. Inventories would not be considered part of quick assets. See also quick ratio.
The ratio of a company's current assets, excluding inventories, to current liabilities. The ratio indicates the company's ability to pay any debts without it being necessary to make further sales. This provides evidence of its solvency. Also known as the acid test ratio.
The listing of a security on a recognised stock exchange, which allows the shares of a company to be traded.
An electronic stock exchange system in which prices are determined by the quotations made by marketmakers.
A company whose shares are quoted (listed) on a stock exchange.