Highest Current Ratio in the Personal Products Industry Detected in Shares of United-Guardian (UG, NUTR, IPAR, MED, USNA)
Below are the three companies in the Personal Products 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.
United-Guardian ranks highest with a a current ratio of 11.7. Following is Nutraceutical International with a a current ratio of 4.2. Inter Parfums ranks third highest with a a current ratio of 4.0.
Medifast follows with a a current ratio of 3.9, and USANA Health Sciences rounds out the top five with a a current ratio of 2.4.
SmarTrend recommended that its subscribers protect gains by selling shares of United-Guardian on April 5th, 2016 by issuing a Downtrend alert when the shares were trading at $20.23. Since that call, shares of United-Guardian have fallen 19.0%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.
Keywords: highest current ratio united-guardian nutraceutical international inter parfums medifast usana health sciences