Lowest Current Ratio in the Household Products Industry Detected in Shares of Kimberly-Clark (KMB, CLX, CHD, PG, CL)
Below are the three companies in the Household Products 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.
Kimberly-Clark ranks lowest with a a current ratio of 0.9. Following is Clorox with a a current ratio of 1.0. Church & Dwight ranks third lowest with a a current ratio of 1.1.
Procter & Gamble follows with a a current ratio of 1.1, and Colgate-Palmolive rounds out the bottom five with a a current ratio of 1.3.
SmarTrend recommended that subscribers consider buying shares of Procter & Gamble on June 9th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $82.85. Since that recommendation, shares of Procter & Gamble have risen 7.2%. We continue to monitor Procter & Gamble for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: lowest current ratio kimberly-clark Clorox church & dwight Procter & Gamble Colgate-Palmolive