Why is Whole Foods Market current ratio at 1.6:1?

Well, today in the morning I was reading a business newspaper and I have come to know that Whole Foods Market Current ratio is 1.6:1. I’m confused why this is written there? It is also mentioned that the current ration is at 1.58 and I doubt at the solvency of Whole Foods Market Inc. Why is Whole Foods Market current ratio at 1.6:1? I have also come to know that the current assets and current liabilities. Can you explain each term for me? Please help me.

Today's Top Articles:

Scroll to Top