Which of the following is least important as a measure of short-term liquidity?

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Which of the following is least important as a measure of short-term liquidity? Answer: Debt ratio

Short-term liquidity measures a firm’s ability to meet current liabilities with current assets. Ratios like current ratio, quick ratio, and cash ratio directly evaluate liquidity.

Question context

This question is part of 📚 General Knowledge within the broader 🌐 Current Affairs & GK subject and appears in the Audit preparation collection. Reviewing the answer together with nearby questions helps reinforce the underlying concept and identify how it may appear in competitive exams.