Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
This question is about employer.
What is a good current ratio for a company?
A good current ratio for a company is between 1.5 to 3. It is important to note that a good current ratio of a company is relative to the industry that a company operates in. However, in most cases, a current ratio for a company between 1.5 to 3 is considered good.
A current ratio for a company between 1.5 to 3 indicates that the company in question has enough assets on hand to cover existing liabilities. Examples of industries that might have lower current ratios (and this might not be a negative in these cases) include retail and manufacturing.
Other companies in different industries, such as ones in manufacturing or utilities, might have higher current ratios as a result of the nature of their operations. When comparing current ratios it is important to make comparisons between companies that exist in the same industry to get the best understanding of a company's financial health.
Choose from 10+ customizable resume templates
Zippia allows you to choose from different easy-to-use templates, and provides you with expert advice. Using the templates, you can rest assured that the structure and format of your resume is top notch. Choose a template with the colors, fonts & text sizes that are appropriate for your industry.
