I have a SEC form 10K with the balance sheet. how do you figure out current ratio for the past two years?
Current ratio for 2017 =... View the full answer
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Current ratio is current assets /... View the full answer
- so what do these ratios mean opposed to competitor standard ratios?
- Sep 01, 2018 at 9:08pm
- If they are above competitor ratios then the firm is performing better to others, abiity to pay debts, in a better position. If they are below other firms then they have too much current debt.
- Sep 01, 2018 at 9:10pm