up:: [[Combustion]]
Equivalence ratio is the ratio of fuel/oxidizer in current setup to the [[Stoichiometric Ratio]] of fuel to oxidizer
$\phi=\frac{\dot m_f/\dot m_o}{(\dot m_f/\dot m_o)_{st}}=\frac{MR}{MR_{st}}$
where MR is [[Mixture Ratio]]
Its not commonly used in rocket propulsion but used in the internal combustion engine world
$\phi = 1$ - Stoichiometric
$\phi < 1$ - Lean
$\phi > 1$ - Rich