Off the Record's current ratio is.9 to 1.The industry average current ratio is 1.2.Off the Record does not have a problem in covering liabilities because of its strong sales and position in its industry.

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A current ratio of .9 to 1 indicates that Off the Record may have difficulty covering its current liabilities, as it has less current assets than current liabilities. The industry average current ratio of 1.2 suggests that other companies in the same industry have more current assets to cover their current liabilities, which puts Off the Record at a comparative disadvantage. While Off the Record may have strong sales and industry positioning, these factors do not necessarily guarantee the ability to cover current liabilities.

Off the Record's Current Ratio Is