Current ratio of Aspen Pharmacare Holdings 2017-2021
In 2021, the current ratio of Aspen Pharmacare Holdings was at 0.9 points, a drop in comparison to the previous years. The current ratio measures the company's ability to pay its short-term obligations. It is calculated by dividing current assets (excluding assets classified as held-for-sale) by current liabilities (excluding liabilities associated with assets held-for-sale). Based in South Africa, Aspen Pharmacare is the largest pharmaceutical company in Africa.