Highest Current Ratio in the Specialty Stores Industry Detected in Shares of Tiffany & Co (TIF, WMAR, CAB, ULTA, SIG)
Below are the three companies in the Specialty Stores 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.
Tiffany & Co ranks highest with a a current ratio of 5.1. West Marine is next with a a current ratio of 3.9. Cabela's ranks third highest with a a current ratio of 3.8.
Ulta Salon Cosmetics & Fragrance follows with a a current ratio of 3.6, and Signet Jewelers rounds out the top five with a a current ratio of 3.1.
SmarTrend recommended that its subscribers protect gains by selling shares of Signet Jewelers on April 8th, 2016 by issuing a Downtrend alert when the shares were trading at $115.07. Since that call, shares of Signet Jewelers have fallen 28.7%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.
Keywords: highest current ratio tiffany & co west marine cabela's ulta salon cosmetics & fragrance signet jewelers