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Analyze and interpret the companys performance in related to short term solvency ratios considering each year Working Capital Ratio Formula:Working Capital = Current Asset -

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Analyze and interpret the companys performance in related to short term solvency ratios considering each year

Working Capital Ratio Formula:Working Capital = Current Asset - Current Liabilities CA CL Working Capital 2017 320,331 176,447 143,884 2018 389,594 459,181 -69,587 2019 300,655 189,931 110,724 Current Ratio Formula: Current Ratio = Current Asset Current Liability CA CL Current Ratio 2017 320,331 176,447 1.82 2018 389,544 459,181 0.88 2019 300,655 189,931 1.58 Cash Ratio Formula: Cash Ratio = Cash Equivalents+Marketable Securities Current Liability CE CL Cash Ratio 2017 165,525(10) 206,840 0.800256237 2018 94,810(11) 204,273 0.464133782 2019 120,299(11) 194,634 0.618078034

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