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Lowest Current Ratio in the Packaged Foods & Meats Industry Detected in Shares of Mondelez Inter-A (MDLZ, SNAK, K, KHC, GIS)

By Amy Schwartz

Below are the three companies in the Packaged Foods & Meats 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.

Mondelez Inter-A ranks lowest with a a current ratio of 0.5. Following is Inventure Foods with a a current ratio of 0.6. Kellogg Co ranks third lowest with a a current ratio of 0.7.

Kraft Heinz Co/T follows with a a current ratio of 0.7, and General Mills In rounds out the bottom five with a a current ratio of 0.8.

SmarTrend recommended that its subscribers protect gains by selling shares of General Mills In on September 27th, 2018 by issuing a Downtrend alert when the shares were trading at $43.32. Since that call, shares of General Mills In have fallen 8.3%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: lowest current ratio mondelez inter-a :snak inventure foods kellogg co kraft heinz co/t general mills in

Ticker(s): MDLZ K KHC GIS