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current ratio

   Also found in: Dictionary/thesaurus, Financial, Wikipedia, Hutchinson 0.05 sec.
current ratio [′kər·ənt ‚rā·shō]
(electromagnetism)
In a waveguide, the ratio of maximum to minimum current.


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The hospital industry reacted favorably to the news that the current ratio will hold for three more years.
The current ratio is one nurse to 347 patients, but chief nursing officer Sarah Mullally says the recommendation was based on a 1970's USA study and 'it is not clear how applicable that is to the NHS today'.
A typical bank revolving loan covenant, for example, may set out the following requirements: a minimum amount of shareholders' equity, a maximum debt-to-equity ratio, and/or a minimum current ratio.
 
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