Current Ratio
Current Ratio. The ratio of Current Assets to Current Liabilities
Current Ratio. The Borrower will not permit the Current Ratio for (i) the Test Period ending June 30, 2019 to be less than 0.85 to 1.00, (ii) the Test Period ending September 30, 2019 to be less than 0.80 to 1.00 and (iii) any Test Period ending on the last day of any fiscal quarter ending after September 30, 2019, to be less than 1.00 to 1.00.
All Definitions
Found in
ROAN RESOURCES, INC. contract