Relatively High Current Ratio Detected in Shares of Tiffany & Co in the Specialty Stores Industry (TIF, WMAR, CAB, ULTA, SIG)
Below are the three companies in the Specialty Stores 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.
Tiffany & Co ranks highest with a a current ratio of 5.1. Following is West Marine with a a current ratio of 3.9. Cabela's ranks third highest with a a current ratio of 3.8.
Ulta Salon Cosmetics & Fragrance follows with a a current ratio of 3.6, and Signet Jewelers rounds out the top five with a a current ratio of 3.1.
SmarTrend recommended that subscribers consider buying shares of Ulta Salon Cosmetics & Fragrance on March 2nd, 2016 as our technology indicated a new Uptrend was in progress when shares hit $167.29. Since that recommendation, shares of Ulta Salon Cosmetics & Fragrance have risen 56.1%. We continue to monitor Ulta Salon Cosmetics & Fragrance for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest current ratio tiffany & co west marine cabela's ulta salon cosmetics & fragrance signet jewelers