Relatively High Current Ratio Detected in Shares of Universal in the Tobacco Industry (UVV, VGR, AOI, RAI, PM)
Below are the three companies in the Tobacco 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.
Universal ranks highest with a a current ratio of 5.1. Following is Vector Group with a a current ratio of 3.0. Alliance One International ranks third highest with a a current ratio of 2.2.
Reynolds American follows with a a current ratio of 1.1, and Philip Morris rounds out the top five with a a current ratio of 1.0.
SmarTrend is tracking the current trend status for Philip Morris and will alert subscribers who have PM in their portfolio or watchlist when shares have changed trend direction.
Keywords: highest current ratio Universal vector group alliance one international Reynolds American philip morris