Variable Description

Name
Current ratio en-NZ
Label
Current ratio en-NZ
Description

Total current assets divided by total current liabilities. The current ratio gives an indication of a business’s ability to pay its short-term liabilities. A ratio less than 1 indicates that current liabilities are greater than current assets and that the business may struggle to pay its short-term liabilities. A ratio higher than 1 means a business should be able to pay its short-term liabilities. The ability to meet current liabilities in the short-term is often dependent on how liquid the current assets are.

en-NZ
This variable is not part of a dataset.

Representation

Representation Type
Numeric
Type
Integer
Variable is a Weight
False
Aggregation Method
Unspecified
Temporal
False
Geographic
False

Concept

Conceptual Variable
Concept

Appears Within

Information

History

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Revision Date Responsibility Rationale
1 30/06/2022 10:39:45 AM