Relatively High Current Ratio Detected in Shares of Winnebago Industries in the Automobile Manufacturers Industry (WGO, THO, TSLA, GM, F)
Below are the three companies in the Automobile Manufacturers 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.
Winnebago Industries ranks highest with a a current ratio of 3.3. Following is Thor Industries with a a current ratio of 2.1. Tesla Motors Inc ranks third highest with a a current ratio of 1.2.
General Motors follows with a a current ratio of 1.1, and Ford Motor rounds out the top five with a a current ratio of 1.0.
SmarTrend recommended that subscribers consider buying shares of Ford Motor on March 1st, 2016 as our technology indicated a new Uptrend was in progress when shares hit $12.92. Since that recommendation, shares of Ford Motor have risen 4.1%. We continue to monitor Ford Motor for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest current ratio winnebago industries thor industries tesla motors inc General Motors ford motor