Californium is a radioactive metal. Uses. Californium is a very strong neutron emitter. It is used in portable metal detectors, for identifying gold and silver ores, to identify water and oil layers in oil wells and to detect metal fatigue and stress in aeroplanes.
Current ratio matches current assets with current liabilities and tells us whether the current assets are enough to settle current liabilities. A current ratio of 1 or more means that current assets are more than current liabilities and the company should not face any liquidity problem. A current ratio below 1 means that current liabilities are more than current assets, which may indicate liquidity problems. In general, higher current ratio is better.
The current ratio is the first of three financial ratios that we will examine. As stated earlier, liquidity ratios measure a companyâs ability to pay off its short-term debt using assets that can be easily liquidated. In this case, the current ratio measures a companyâs current assets against its current liabilities. Generally, higher numbers are better, implying that the firm has a higher amount of current assets when compared to current liabilities and should easily be able to pay off its short-term debt.