If there's high liquidity, the company's assets can easily cover their short-term liabilities. If there's low liquidity ... a company's liquid assets are equal to its current liabilities A ...

Goldman Sachs' equity team updated their High Liquidity and Low Liquidity baskets. New entrants in the High Liquidity basket ...

employing regime-switching models to differentiate high-liquidity from low-liquidity states. Subsequent return analysis within each regime reveals how risk is magnified in lower-liquidity ...