• Return to Headlines

Aspen Technology is Among the Companies in the Application Software Industry With the Lowest Current Ratio (AZPN, EPAY, INTU, SSNC, BLKB)

By Nick Russo

Below are the three companies in the Application Software industry with the lowest 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.

Aspen Technology ranks lowest with a a current ratio of 0.3. Following is Bottomline Tech with a a current ratio of 0.7. Intuit Inc ranks third lowest with a a current ratio of 0.7.

Ss&C Technologie follows with a a current ratio of 0.8, and Blackbaud Inc rounds out the bottom five with a a current ratio of 0.8.

SmarTrend recommended that its subscribers protect gains by selling shares of Blackbaud Inc on October 21st, 2019 by issuing a Downtrend alert when the shares were trading at $86.27. Since that call, shares of Blackbaud Inc have fallen 8.0%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: lowest current ratio aspen technology bottomline tech intuit inc ss&c technologie blackbaud inc