Frontier Communications is Among the Companies in the Integrated Telecommunication Services Industry With the Highest Current Ratio (FTR, ATNI, GNCMA, CNSL, IDT)
Below are the three companies in the Integrated Telecommunication Services 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.
Frontier Communications ranks highest with a a current ratio of 7.1. Atlantic Tele-Network is next with a a current ratio of 5.4. General Communication ranks third highest with a a current ratio of 1.9.
Consolidated Communications follows with a a current ratio of 1.0, and IDT rounds out the top five with a a current ratio of 1.0.
SmarTrend recommended that its subscribers protect gains by selling shares of Frontier Communications on May 19th, 2016 by issuing a Downtrend alert when the shares were trading at $4.96. Since that call, shares of Frontier Communications have fallen 16.1%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.
Keywords: highest current ratio Frontier Communications atlantic tele-network general communication consolidated communications