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Lowest Current Ratio in the Diversified Support Services Industry Detected in Shares of Mcgrath Rentcorp (MGRC, VVI, MINI, KAR, CTAS)

By Shiri Gupta

Below are the three companies in the Diversified Support Services 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.

Mcgrath Rentcorp ranks lowest with a a current ratio of 0.3. Following is Viad Corp with a a current ratio of 0.6. Mobile Mini ranks third lowest with a a current ratio of 1.2.

Kar Auction Serv follows with a a current ratio of 1.3, and Cintas Corp rounds out the bottom five with a a current ratio of 1.7.

SmarTrend recommended that its subscribers protect gains by selling shares of Mcgrath Rentcorp on June 19th, 2018 by issuing a Downtrend alert when the shares were trading at $63.70. Since that call, shares of Mcgrath Rentcorp have fallen 16.3%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: lowest current ratio mcgrath rentcorp viad corp mobile mini kar auction serv cintas corp

Ticker(s): MGRC VVI MINI KAR CTAS