ðə kˈɜːɹənt ɹˈeɪʃɪˌoʊ ɪz ðə sˈɪmpəlɪst mˈɛʒɚ ænd kˈælkjʊlˌeɪɾᵻd baɪ dᵻvˈaɪdɪŋ ðə tˈoʊɾəl kˈɜːɹənt ˈæsɛts baɪ ðə tˈoʊɾəl kˈɜːɹənt lˌaɪəbˈɪlᵻɾiz.
The current ratio is the simplest measure and calculated by dividing the total current assets by the total current liabilities.