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company- Azure HealthcareCalculation of Financial Ratios - Choose at least 2 Financial Ratios that you deem applicable to your chosen company. You can choose from Liquidity Ratios, Profitability...

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company- Azure HealthcareCalculation of Financial Ratios - Choose at least 2 Financial Ratios that you deem applicable to your chosen company. You can choose from Liquidity Ratios, Profitability Ratios, Activity Turnover Ratios, Solvency Ratios, and Cash Efficiency Ratios. - Calculate at least two (2) years of the same ratio. - Present them in a table format so that you can easily compare from year on year.
Answered Same Day Jun 10, 2021 HA1020

Solution

Rishi answered on Jun 13 2021
137 Votes
Calculation of Financial ratio of AZURE Healthcare Limited:
Cu
ent Ratio: -
Cu
ent ratio is considered as a liquidity ratio it measures a company’s ability to pay off its short-term debt without the need to liquidate the long-term funds. It measures how efficient is the short-term assets of a company. It is also refe
ed as working capital ratio
Cu
ent ratio = Cu
ent asset/Cu
ent liability
Cu
ent ratio of AZURE Healthcare Limited:
 
2019
2018
Cu
ent Assets(A)
16,681
15,491
Cu
ent Liability(B)
9,174
7,195
 
 
Cu
ent Ratio(A/B)
1.82
2.15
Cu
ent ratio of 2 is considered as an Idle ratio. It indicates that financial condition of the business is sound.     
In case of AZURE Healthcare Limited the cu
ent ratio has decreased from 2.15 in 2018 to 1.82 in 2019. Still it can be said that the cu
ent ratio is in good position which means AZURE Healthcare Limited will be...
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