Financial Status Of Major Japanese Companies – Current Ratio
Current ratio is the ratio of assets at present to liabilities at present. The higher the current ratio, the sounder the financial situation of the company.
In manfacturing jobs, Japan has seen the ratio climb from 1990 – 131.2%, and to 2000 – 132.3% and then dip to 2003 – 131.8%.
In non-manfacturing jobs, the ratio has dipped from 1990 – 111.4% to 2000 – 101.4% and climb back up to 2003 – 103.5%.
All industries combined, the ratio has dipped from 1990 – 117.0%, to 2000 – 110.4% and climb back up to 2003 – 111.8%.
Japan’s major companies as a whole have for the past decade and half had more assets than liabilities. And though there were downturns, the ratio is growing again.
Japan and her economy are back.
What do you think?
