Lowest Current Ratio in the Food Retail Industry Detected in Shares of Kroger (KR, CASY, SVU, WFM, VLGEA)
Below are the three companies in the Food 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.
Kroger ranks lowest with a a current ratio of 0.8. Casey's General Stores is next with a a current ratio of 0.8. SUPERVALU ranks third lowest with a a current ratio of 1.0.
Whole Foods Market follows with a a current ratio of 1.2, and Village Super Market rounds out the bottom five with a a current ratio of 1.4.
SmarTrend recommended that subscribers consider buying shares of Village Super Market on May 11th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $25.62. Since that recommendation, shares of Village Super Market have risen 24.1%. We continue to monitor Village Super Market for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: lowest current ratio Kroger casey's general stores SuperValu Whole Foods Market village super market