current ratio very high

if company has too much excess cash even when all debts are 100% repaid. and current ratio is coming 8:1 then what are the things which company can do to improve current ratio?
Replies (1)
Here are some option which company can do

1. Investment in Capital Asset if there is any need

2. Investment in securities to gain some returns on idle money.

3. It can pay dividend to its shareholders.

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