Focus on the pronunciation of current ratio
English definition of “current ratio”
noun [C] (also acid ratio, also acid-test ratio, also liquid ratio)
› ACCOUNTING, FINANCE a measure of a company's ability to pay costs and make necessary payments in the near future. The current ratio is calculated by dividing the value of a company's current assets by its current liabilities: This is the highest current ratio that the company has achieved in over 10 years.