Lowest Current Ratio in the Soft Drinks Industry Detected in Shares of Dr Pepper Snapple (DPS, COKE, CCE, REED, COT)
Below are the three companies in the Soft Drinks 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.
Dr Pepper Snapple ranks lowest with a a current ratio of 0.8. Coca-Cola Bottling Co Consolidated is next with a a current ratio of 0.9. Coca-Cola Enterprises ranks third lowest with a a current ratio of 0.9.
Reed's follows with a a current ratio of 1.0, and Cott rounds out the bottom five with a a current ratio of 1.1.
SmarTrend recommended that its subscribers protect gains by selling shares of Reed's on January 20th, 2016 by issuing a Downtrend alert when the shares were trading at $4.60. Since that call, shares of Reed's have fallen 43.7%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.
Keywords: lowest current ratio Dr Pepper Snapple coca-cola bottling co consolidated coca-cola enterprises reed's cott