America's Car-Mart is Among the Companies in the Automotive Retail Industry With the Highest Current Ratio (CRMT, KMX, TA, PBY, AAP)
Below are the three companies in the Automotive Retail industry with the highest current ratios. Current ratio is useful to get an idea of how quickly a company can repay its short-term liabilities with its short-term assets. The higher the current ratio, the more capable the company is of paying its obligations.
America's Car-Mart ranks highest with a a current ratio of 5.1. Following is Carmax with a a current ratio of 2.5. TravelCenters of America ranks third highest with a a current ratio of 1.7.
PEP Boys follows with a a current ratio of 1.3, and Advance Auto Parts rounds out the top five with a a current ratio of 1.3.
SmarTrend recommended that its subscribers protect gains by selling shares of Advance Auto Parts on August 17th, 2016 by issuing a Downtrend alert when the shares were trading at $158.67. Since that call, shares of Advance Auto Parts have fallen 6.0%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.
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