Highest Current Ratio in the Diversified Chemicals Industry Detected in Shares of Penford (PENX, LXU, EMN, DOW, OLN)
Below are the three companies in the Diversified 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.
Penford ranks highest with a a current ratio of 2.6. Following is LSB Industries with a a current ratio of 2.3. Eastman Chemical ranks third highest with a a current ratio of 2.1.
Dow Chemical follows with a a current ratio of 2.1, and Olin rounds out the top five with a a current ratio of 2.1.
SmarTrend recommended that subscribers consider buying shares of Eastman Chemical on February 10th, 2014 as our technology indicated a new Uptrend was in progress when shares hit $79.65. Since that recommendation, shares of Eastman Chemical have risen 9.8%. We continue to monitor Eastman Chemical for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest current ratio penford lsb industries Eastman Chemical Dow Chemical olin