N.H. Admin. Code § He-Hea 1004.05

Current through Register No. 50, December 12, 2024

Section He-Hea 1004.05 - Current Ratio

(a) "Current assets" means a facility's economic resources which are likely to be converted to cash in one year.

(b) "Current liabilities" means debt of a facility paid within one year of incurrence.

(c) To calculate current ratio, applicants shall divide current assets by current liabilities, as in the formula below:

Current assets

Current liabilities

N.H. Admin. Code § He-Hea 1004.05

#6840, eff 8-28-98, EXPIRED: 8-28-06

New. #8742, INTERIM, eff 10-21-06, EXPIRED: 4-19-07

New. #8918, eff 6-22-07); ss by #9457, eff 4-21-09