Current Ratio
The current ratio is a financial metric that measures a company's ability to pay its short-term obligations using its current assets. It is calculated by dividing the total current assets by the total current liabilities of the company. The result is a ratio that provides insight into a company's liquidity and ability to meet its short-term financial obligations. A current ratio of 1 or higher is typically considered good, while a ratio below 1 may indicate that a company may have difficulty meeting its short-term obligations.
Additional Details
| Metric Name |
Type |
Default Period Type |
| current_ratio |
fin_metric |
FY |
| Data Format |
Display Format |
Unit |
| float |
number |
float |