• Return to Headlines

Relatively Low Current Ratio Detected in Shares of American Water W in the Water Utilities Industry (AWK, MSEX, WTR, CWT, ARTNA)

By James Quinn

Below are the three companies in the Water Utilities industry with the lowest 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.

American Water W ranks lowest with a a current ratio of 0.3. Middlesex Water is next with a a current ratio of 0.5. Aqua America Inc ranks third lowest with a a current ratio of 0.5.

Calif Water Srvc follows with a a current ratio of 0.5, and Artesian Res-A rounds out the bottom five with a a current ratio of 0.7.

SmarTrend recommended that subscribers consider buying shares of Calif Water Srvc on July 5th, 2018 as our technology indicated a new Uptrend was in progress when shares hit $40.88. Since that recommendation, shares of Calif Water Srvc have risen 10.8%. We continue to monitor Calif Water Srvc for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: lowest current ratio american water w middlesex water aqua america inc calif water srvc artesian res-a