The quick ratio is defined as total cash and shorthttps://www.ecb.europa.eu/press/key/date/2020/html/ecb.sp201126~c5c1036327.en.html  11/19  01/12/2020  Monetary policy in a pandemic: ensuring favourable financing conditions  term investments, plus accounts receivable, other receivables and finance division accounts receivable divided by total current liabilities. Chart 14 Leverage ratio of firms (percent, median)  Sources: Standard & Poor’s and ECB staff calculations.
On hedge funds, the FSB has been tasked with working with national authorities to develop and implement coherent approaches to regulation and oversight of hedge fund managers. We will also be working with IOSCO to develop mechanisms for cooperation and information sharing between relevant authorities on hedge fund exposures.