Highest Current Ratio in the Automotive Retail Industry Detected in Shares of America's Car-Mart (CRMT, KMX, TA, PBY, AAP)
Below are the three companies in the Automotive Retail 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.
America's Car-Mart ranks highest with a a current ratio of 5.1. Following is Carmax with a a current ratio of 2.5. TravelCenters of America ranks third highest with a a current ratio of 1.7.
PEP Boys follows with a a current ratio of 1.3, and Advance Auto Parts rounds out the top five with a a current ratio of 1.3.
SmarTrend recommended that subscribers consider buying shares of Advance Auto Parts on March 1st, 2016 as our technology indicated a new Uptrend was in progress when shares hit $151.42. Since that recommendation, shares of Advance Auto Parts have risen 3.1%. We continue to monitor Advance Auto Parts for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest current ratio america's car-mart CarMax amex:ta travelcenters of america pep boys Advance Auto Parts