• Return to Headlines

Harris Corp has the Lowest Current Ratio in the Aerospace & Defense Industry (HRS, BA, DGI, UTX, EGL)

By Nick Russo

Below are the three companies in the Aerospace & Defense 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.

Harris Corp ranks lowest with a a current ratio of 1.1. Following is Boeing Co/The with a a current ratio of 1.2. Digitalglobe Inc ranks third lowest with a a current ratio of 1.2.

United Tech Corp follows with a a current ratio of 1.3, and Engility Holding rounds out the bottom five with a a current ratio of 1.4.

SmarTrend recommended that its subscribers protect gains by selling shares of Harris Corp on October 25th, 2018 by issuing a Downtrend alert when the shares were trading at $161.63. Since that call, shares of Harris Corp have fallen 13.5%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: lowest current ratio harris corp boeing co/the :dgi digitalglobe inc united tech corp engility holding

Ticker(s): HRS BA UTX EGL