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Evaluation and interpretation of ratios
DHSC
The current ratio and quick ratio are effective in knowing the liquidity position of the Group. In respect of DHSC, there is a slight reduction in the quick ratio and current ratio. This signifies that current assets and quick assets are lower and insufficient to pay the short-term debts of the firm (Department of Health and Social Care annual report 2022).
The debt ratio has slightly declined from …
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