Daily dose of financial ratios by Anirudh Gupta
Current ratio:
=Current assets/current liabilities
Purpose:
-To evaluate the company's short-term financial health and liquidity.
-This ratio tells us whether the compan
🫂 A guy bought the PEPE meme coin for $26 in 2023. Since then, its price has increased by 34,941%, reaching $61.5 million 🚀
The sad part is that the owner can't use his wealth. The developers, for some reason, blacklisted him. 😔💸
