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Lowest Current Ratio in the Commodity Chemicals Industry Detected in Shares of Cabot Corp (CBT, WLK, OLN, KOP, TREC)

By Amy Schwartz

Below are the three companies in the Commodity Chemicals 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.

Cabot Corp ranks lowest with a a current ratio of 1.7. Following is Westlake Chemica with a a current ratio of 1.8. Olin Corp ranks third lowest with a a current ratio of 1.8.

Koppers Holdings follows with a a current ratio of 1.8, and Trecora Resource rounds out the bottom five with a a current ratio of 1.8.

SmarTrend recommended that its subscribers protect gains by selling shares of Koppers Holdings on June 21st, 2018 by issuing a Downtrend alert when the shares were trading at $39.33. Since that call, shares of Koppers Holdings have fallen 54.7%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: lowest current ratio cabot corp westlake chemica olin corp koppers holdings trecora resource