• Return to Headlines

Relatively High Current Ratio Detected in Shares of Lennar in the Homebuilding Industry (LEN, MDC, BZH, MTH, DHI)

By Nick Russo

Below are the three companies in the Homebuilding 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.

Lennar ranks highest with a a current ratio of 20.0. Following is MDC Holdings with a a current ratio of 10.5. Beazer Homes ranks third highest with a a current ratio of 7.8.

Meritage Homes follows with a a current ratio of 7.6, and DR Horton rounds out the top five with a a current ratio of 6.4.

SmarTrend recommended that subscribers consider buying shares of DR Horton on June 7th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $31.53. Since that recommendation, shares of DR Horton have risen 4.3%. We continue to monitor DR Horton for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest current ratio Lennar mdc holdings Beazer Homes meritage homes DR Horton