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Meeting papers
OUR FINANCES
Page 475 of 476
OUR FINANCES
Measure ;
Working capital ratio > 2 (times)
Measures Council's ongoing solvency
6
6 ff
4 aeeete ae ax .*
2
0
July Aug Sept Oct Nov Dec Jan Feb Mar Apr May June
Comment
The working capital ratio is tracking above 2 which indicates Council has strong
liquidity so that we are able to meet financial obligations as they fall due.
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