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Restaurant X has current ratio of 0.59 (2017), 0.6 (2016), and 0.62 (2015). It also has a quick ratio of 0.46 (2017), 0.48 (2016) and
Restaurant X has current ratio of 0.59 (2017), 0.6 (2016), and 0.62 (2015). It also has a quick ratio of 0.46 (2017), 0.48 (2016) and 0.49 (2015).
Its competitors have an average current ratio of 1.39 (2017), 1.28 (2016), and 1.45 (2015). Average quick ratio is 1.23 (2017), 1.15 (2016), and 1.29 (2015).
What does it say about the restaurant's liquidity? Is it a wise decision to invest in Restaurant X?
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