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Lowest Current Ratio in the Gas Utilities Industry Detected in Shares of Chesapeake Util (CPK, OGS, SJI, ATO, WGL)

By Nick Russo

Below are the three companies in the Gas Utilities 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.

Chesapeake Util ranks lowest with a a current ratio of 0.4. Following is One Gas Inc with a a current ratio of 0.5. South Jersey Ind ranks third lowest with a a current ratio of 0.5.

Atmos Energy follows with a a current ratio of 0.5, and Wgl Hldgs Inc rounds out the bottom five with a a current ratio of 0.7.

SmarTrend recommended that subscribers consider buying shares of Wgl Hldgs Inc on March 16th, 2018 as our technology indicated a new Uptrend was in progress when shares hit $84.31. Since that recommendation, shares of Wgl Hldgs Inc have risen 5.3%. We continue to monitor Wgl Hldgs Inc for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: lowest current ratio chesapeake util one gas inc south jersey ind Atmos Energy wgl hldgs inc