Safa Textile - SFAT - Stock Price and Chart
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SFAT Stock Price and Chart

Safa Textile

Change Rs. 0.00 (0.00%)

2019-06-14
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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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