Monster Worldwide is Among the Companies in the Soft Drinks Industry With the Highest Current Ratio (MNST, FIZZ, PEP, KO, COT)
Below are the three companies in the Soft Drinks 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.
Monster Worldwide ranks highest with a a current ratio of 7.4. National Beverage is next with a a current ratio of 2.5. PepsiCo ranks third highest with a a current ratio of 1.2.
Coca-Cola follows with a a current ratio of 1.2, and Cott rounds out the top five with a a current ratio of 1.1.
SmarTrend recommended that subscribers consider buying shares of National Beverage on March 1st, 2016 as our technology indicated a new Uptrend was in progress when shares hit $38.79. Since that recommendation, shares of National Beverage have risen 47.9%. We continue to monitor National Beverage for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
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