In balance sheet terms: (29/58 - 29) / (42/48 +
492/3)

The current ratio is a measure of liquidity or the
ability of a company to meet its short-term commitments. This ratio is widely
used by credit institutions and is an expression of the relationship between the
current net assets and short-term external capital (borrowings). When the
current assets correspond exactly to the external capital, this ratio is one and
the net operating capital - the difference between the numerator and denominator
- is zero. A current ratio smaller than one therefore means that the net
operating capital is negative while a current ratio greater than one means that
the net operating capital is positive. The greater the ratio, the greater the
liquidity of the company.