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Lowest Current Ratio in the Apparel Retail Industry Detected in Shares of Burlington Store (BURL, DXLG, ASNA, SMRT, BOOT)

By Nick Russo

Below are the three companies in the Apparel Retail industry with the lowest 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.

Burlington Store ranks lowest with a a current ratio of 1.0. Destination Xl G is next with a a current ratio of 1.1. Ascena Retail Gr ranks third lowest with a a current ratio of 1.2.

Stein Mart Inc follows with a a current ratio of 1.5, and Boot Barn Holdin rounds out the bottom five with a a current ratio of 1.6.

SmarTrend recommended that its subscribers protect gains by selling shares of Stein Mart Inc on August 29th, 2018 by issuing a Downtrend alert when the shares were trading at $2.17. Since that call, shares of Stein Mart Inc have fallen 41.8%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: lowest current ratio burlington store destination xl g ascena retail gr stein mart inc boot barn holdin

Ticker(s): BURL DXLG ASNA SMRT BOOT