Current Ratio 2017 Current Assets Current Chegg Intel (INTC) at year-end 2023 had $4327 billion in current assets and $2805 billion in current liabilities, for a high 154 current ratio What is a good current ratio? The current ratio weighs a company's current assets against its current liabilities A good current ratio is typically considered to be anywhere between 15 and 3
Current Ratio 2017 Current Assets Current Chegg The current ratio is calculated by dividing a company's current assets by its current liabilities Ratios of 1 or higher indicate short-term solvency Because the current ratio compares short-term The current ratio compares a company's short-term assets to its liabilities, indicating liquidity Analyzing multiple years of current ratios helps identify financial stability and trends A current ratio of more than 3, meaning the company has three times more liquidity than it needs, could certainly be an indication that capital is being misused or inefficiently allocated Bottom Line Liquidity ratios, such as the current ratio and quick ratio, are used to measure a company’s ability to meet its short-term obligations
Current Ratio 2017 Current Assets Current Chegg A current ratio of more than 3, meaning the company has three times more liquidity than it needs, could certainly be an indication that capital is being misused or inefficiently allocated Bottom Line Liquidity ratios, such as the current ratio and quick ratio, are used to measure a company’s ability to meet its short-term obligations
The Current Ratio Is Current Assets Divided By Chegg