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Haemonetics Corp is Among the Companies in the Health Care Supplies Industry With the Lowest Current Ratio (HAE, XRAY, ALR, ALGN, ELGX)

By Shiri Gupta

Below are the three companies in the Health Care Supplies 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.

Haemonetics Corp ranks lowest with a a current ratio of 1.4. Following is Dentsply Sirona with a a current ratio of 2.1. Alere Inc ranks third lowest with a a current ratio of 2.2.

Align Technology follows with a a current ratio of 2.3, and Endologix Inc rounds out the bottom five with a a current ratio of 2.4.

SmarTrend recommended that subscribers consider buying shares of Alere Inc on November 18th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $38.98. Since that recommendation, shares of Alere Inc have risen 30.8%. We continue to monitor Alere Inc for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: lowest current ratio haemonetics corp dentsply sirona :alr alere inc align technology endologix inc

Ticker(s): HAE XRAY ALGN ELGX