If the only information you were given about Pirates of the Caribbean Corporation, a large public company in business for many years and listed on the NZX, was that they had a current ratio of 2.9, what could you determine from this? You could determine that Pirates of the Caribbean has an activity problem because their current ratio is greater than 2 which is the rule of thumb for the current ratio. Nothing, you would also need the current ratio's from the last few years of the NZ50 Index. You could determine that Pirates of the Caribbean has a liquidity problem because their current ratio is greater than 2 which is the rule of thumb for the current ratio. Nothing, you would also need Pirates of the Caribbean Corporation's current ratios from the last few years and the current ratio's from the last few years of Pirates of the Caribbean's competitors