International Steel Ltd - ISL - Stock Price and Chart
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ISL Stock Price and Chart

International Steel Ltd

Change: Rs. -2.16 (-0.03%)

2020-08-12
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74.60 72.44 72.00 74.95 3,261,000

Random Financial Term

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Current Ratio

What you Need ?

Balance Sheet

Formula

Current Ratio = Current Assets / Current Liabilities

Meaning

The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. If the ratio is over 1.0, the firm has more short-term assets than short-term debts. But if the current ratio is less than 1.0, the opposite is true and the company could be vulnerable to unexpected bumps in the economy or business climate.

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