How do I calculate the financial ratios for the fiscal year? What does the ratio indicate in terms of financial stability?

TRI Balance Sheet As of November 30 (in thousands) Year 2 Year 1 Cash. $ 400 $ 500 Marketable securities (at cost) 500 200 Accounts receivable (net). 3,200 2,900 Inventory ....... 5,800 5,400 Total current assets 9,900 9,000 Property, plant, & equipment (net). 7,100 7,000 Total assets............. $17,000 $16,000 Accounts payable .......... $ 3,700 $ 3,400 Income taxes payable 900 800 Accrued expenses 1,700 1,400 Total current liabilities 6,300 5,600 Long-term debt 2,000 1,800 Total liabilities.....FEES.!) 8,300 7,400 Common stock $(1 par value). 2,700 2,700 Paid-in capital in excess of par . 1,000 1,000 Retained earnings.. 5,000 4,900 Total stockholders' equity ........ 8,700 8.600 Total liabilities and stockholders' equity $17,000 $16,000Selected Financial Ratios TRI TRI Industry Year 1 Year D Average Current ratio .. 1.62 1. 61 1. 63 Acid - test ratio .. 0. 63 0. 64 O. BB Times interest earned ....... . . " 8. 50 8.5.5 8.45 Debt to equity .. 1.02 0. 94 1. 03 Inventory turnover ..... . .tom'! 3.21 3.17 3. 18