Ratio analysis and revised schedule vi

Sunny (CA Business) (401 Points)

23 October 2012  

As per Revised Schedule VI, Debt is to be classified as Non-Current (more than 12 months) and Current Liability (current maturities of long term debt). 

Whether current maturity of long term debt should be considered as part of debt for computation of debt equity ratio and thereby it will be excluded from current liability for computing current ratio?