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Hawaiian Electric Industries has the Lowest Current Ratio in the Electric Utilities Industry (HE, EIX, FE, OGE, PPL)

By Nick Russo

Below are the three companies in the Electric Utilities 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.

Hawaiian Electric Industries ranks lowest with a a current ratio of 0.3. Edison International is next with a a current ratio of 0.4. FirstEnergy ranks third lowest with a a current ratio of 0.4.

OGE Energy follows with a a current ratio of 0.5, and PPL rounds out the bottom five with a a current ratio of 0.5.

SmarTrend recommended that subscribers consider buying shares of Edison International on November 29th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $71.29. Since that recommendation, shares of Edison International have risen 13.0%. We continue to monitor Edison International for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: lowest current ratio hawaiian electric industries edison international firstenergy oge energy

Ticker(s): HE EIX FE OGE PPL