Highest Current Ratio in the Commodity Chemicals Industry Detected in Shares of Westlake Chemical (WLK, NL, CCC, HWKN, KRO)
Below are the three companies in the Commodity Chemicals 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.
Westlake Chemical ranks highest with a a current ratio of 4.7. NL Industries is next with a a current ratio of 3.9. Calgon Carbon ranks third highest with a a current ratio of 3.7.
Hawkins follows with a a current ratio of 3.5, and Kronos Worldwide rounds out the top five with a a current ratio of 3.4.
SmarTrend is tracking the current trend status for Kronos Worldwide and will alert subscribers who have KRO in their portfolio or watchlist when shares have changed trend direction.
Keywords: highest current ratio westlake chemical nl industries calgon carbon hawkins kronos worldwide