Because of the conservative manner in which Freese and Nichols, a US provider of engineering and construction services, managed its finances the firm Current ratio results outperformed top mid-sized and topoverall companies benchmarked by an Indepedent Benchmarking Firm (IBF). In 2006 F&N’s current ratio was 1.7% with the IBF midsize average at 2.1% and the top overall average at 3.2%. In 2007 F&N’s current ratio was 1.6% against 2% and 3% respectively. In 2008 the ratios were F&N 1.8% aga...

BPIR Categories

15.3.1 Financial performance
15.6.11 Financial management

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