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...

Calculation of Financial ratio of AZURE Healthcare Limited:
Current Ratio: -
Current 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 referred as working capital ratio
Current ratio = Current asset/Current liability
Current ratio of AZURE Healthcare Limited:
 
2019
2018
Current Assets(A)
16,681
15,491
Current Liability(B)
9,174
7,195
 
 
Current Ratio(A/B)
1.82
2.15
Current 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 current ratio has decreased from 2.15 in 2018 to 1.82 in 2019. Still it can be said that the current ratio is in good position which means AZURE Healthcare Limited will be...