This results in patients having a longer recovery time while their spine and muscles heal and rebuild. Additionally, patients undergoing traditional open back surgery are required to stay in the hospital for postoperative care for about 2 â 5 days after surgery. This translates to another week away from work and more medical bills after the procedure is completed.
The current ratio is a liquidity ratio that measures whether or not a firm has enough resources to meet its short-term obligations. The current ratio is an indication of a firm's liquidity. Acceptable current ratios vary from industry to industry.
DEFINITION of 'Current Ratio'. The current ratio is a liquidity ratio that measures a company's ability to pay short-term and long-term obligations. To gauge this ability, the current ratio considers the total assets of a company (both liquid and illiquid) relative to that companyâs total liabilities. The formula for calculating a companyâs current ratio, then, is: Current Ratio = Current Assets / Current Liabilities. The current ratio is called âcurrentâ because, unlike some other liquidity ratios, it incorporates all current assets and liabilities. The current ratio is also known as the working capital ratio.