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.
Current ratio of Aspen Pharmacare Holdings from 2017 to 2021
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Aspen Pharmacare. (October 22, 2021). Current ratio of Aspen Pharmacare Holdings from 2017 to 2021 [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1140507/current-ratio-of-aspen-pharmacare-holdings/
Aspen Pharmacare. "Current ratio of Aspen Pharmacare Holdings from 2017 to 2021." Chart. October 22, 2021. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1140507/current-ratio-of-aspen-pharmacare-holdings/
Aspen Pharmacare. (2021). Current ratio of Aspen Pharmacare Holdings from 2017 to 2021. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1140507/current-ratio-of-aspen-pharmacare-holdings/
Aspen Pharmacare. "Current Ratio of Aspen Pharmacare Holdings from 2017 to 2021." Statista, Statista Inc., 22 Oct 2021, https://www.statista.com/statistics/1140507/current-ratio-of-aspen-pharmacare-holdings/
Aspen Pharmacare, Current ratio of Aspen Pharmacare Holdings from 2017 to 2021 Statista, https://www.statista.com/statistics/1140507/current-ratio-of-aspen-pharmacare-holdings/ (last visited November 21, 2024)
Current ratio of Aspen Pharmacare Holdings from 2017 to 2021 [Graph], Aspen Pharmacare, October 22, 2021. [Online]. Available: https://www.statista.com/statistics/1140507/current-ratio-of-aspen-pharmacare-holdings/