Full Form of CLEC
| Full Form: | Current Liabilities Exceed Cash |
|---|---|
| Category: | Business & Finance |
| Sub Category: | Accounting |
What is CLEC Full Form?
CLEC is full form Current Liabilities Exceed Cash
What is Current Liabilities Exceed Cash?
If current liabilities exceed current assets (the current ratio is below 1), then the company may have problems meeting its short-term obligations. If the current ratio is too high, then the company may not be efficiently using its current assets or its short-term financing facilities.