CSS Industries has the Highest Current Ratio in the Housewares & Specialties Industry (CSS, LCUT, JAH, LBY, NWL)
Below are the three companies in the Housewares & Specialties 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.
CSS Industries ranks highest with a a current ratio of 4.7. Following is Lifetime Brands with a a current ratio of 2.9. Jarden ranks third highest with a a current ratio of 2.5.
Libbey follows with a a current ratio of 2.1, and Newell Rubbermaid rounds out the top five with a a current ratio of 1.2.
SmarTrend recommended that subscribers consider buying shares of Newell Rubbermaid on February 22nd, 2016 as our technology indicated a new Uptrend was in progress when shares hit $38.35. Since that recommendation, shares of Newell Rubbermaid have risen 24.6%. We continue to monitor Newell Rubbermaid for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest current ratio css industries lifetime brands jarden amex:lby libbey newell rubbermaid