Lowest Current Ratio in the Health Care Distributors Industry Detected in Shares of AmerisourceBergen (ABC, MCK, CAH, HSIC, OMI)
Below are the three companies in the Health Care Distributors 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.
AmerisourceBergen ranks lowest with a a current ratio of 0.9. McKesson is next with a a current ratio of 1.1. Cardinal Health ranks third lowest with a a current ratio of 1.2.
Henry Schein follows with a a current ratio of 1.7, and Owens & Minor rounds out the bottom five with a a current ratio of 1.8.
SmarTrend recommended that subscribers consider buying shares of AmerisourceBergen on June 30th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $78.38. Since that recommendation, shares of AmerisourceBergen have risen 14.7%. We continue to monitor AmerisourceBergen for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: lowest current ratio AmerisourceBergen McKesson Cardinal Health henry schein owens & minor