Highest Current Ratio in the Homefurnishing Retail Industry Detected in Shares of Aaron's (AAN, KIRK, HVT, PIR, BBBY)
Below are the three companies in the Homefurnishing 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.
Aaron's ranks highest with a a current ratio of 4.4. Following is Kirkland's with a a current ratio of 2.5. Haverty Furniture ranks third highest with a a current ratio of 2.1.
Pier 1 Imports follows with a a current ratio of 2.0, and Bed Bath & Beyond rounds out the top five with a a current ratio of 2.0.
SmarTrend recommended that subscribers consider buying shares of Pier 1 Imports on February 18th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $4.78. Since that recommendation, shares of Pier 1 Imports have risen 44.3%. We continue to monitor Pier 1 Imports for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest current ratio aaron's kirkland's haverty furniture Pier 1 Imports bed bath & beyond