Nathan's Famous is Among the Companies in the Restaurants Industry With the Highest Current Ratio (NATH, CCSC, CMG, KKD, WEN)
Below are the three companies in the Restaurants 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.
Nathan's Famous ranks highest with a a current ratio of 6.8. Country Style Cooking Restaurant Chain is next with a a current ratio of 4.4. Chipotle Mexican Grill ranks third highest with a a current ratio of 4.4.
Krispy Kreme Doughnuts follows with a a current ratio of 2.4, and Wendy's/Arby's Group rounds out the top five with a a current ratio of 2.0.
SmarTrend recommended that subscribers consider buying shares of Krispy Kreme Doughnuts on March 7th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $15.18. Since that recommendation, shares of Krispy Kreme Doughnuts have risen 38.3%. We continue to monitor Krispy Kreme Doughnuts for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest current ratio nathan's famous country style cooking restaurant chain Chipotle Mexican Grill krispy kreme doughnuts wendy's/arby's group