MarketAxess Holdings is Among the Companies in the Specialized Finance Industry With the Highest Current Ratio (MKTX, REXI, LPHI, PHH, CBOE)
Below are the three companies in the Specialized Finance industry with the highest 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.
MarketAxess Holdings ranks highest with a a current ratio of 5.8. Resource America is next with a a current ratio of 5.0. Life Partners Holdings ranks third highest with a a current ratio of 4.9.
PHH follows with a a current ratio of 4.1, and CBOE Holdings rounds out the top five with a a current ratio of 2.9.
SmarTrend recommended that subscribers consider buying shares of CBOE Holdings on January 31st, 2014 as our technology indicated a new Uptrend was in progress when shares hit $51.58. Since that recommendation, shares of CBOE Holdings have risen 9.7%. We continue to monitor CBOE Holdings for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest current ratio marketaxess holdings resource america life partners holdings cboe holdings