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Relatively Low Current Ratio Detected in Shares of Golar Lng Ltd in the Oil & Gas Storage & Transportation Industry (GLNG, KMI, TK, OKE, LPG)

By James Quinn

Below are the three companies in the Oil & Gas Storage & Transportation 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.

Golar Lng Ltd ranks lowest with a a current ratio of 0.3. Following is Kinder Morgan In with a a current ratio of 0.4. Teekay Corp ranks third lowest with a a current ratio of 0.6.

Oneok Inc follows with a a current ratio of 0.7, and Dorian Lpg Ltd rounds out the bottom five with a a current ratio of 0.7.

SmarTrend recommended that its subscribers protect gains by selling shares of Dorian Lpg Ltd on November 20th, 2018 by issuing a Downtrend alert when the shares were trading at $7.07. Since that call, shares of Dorian Lpg Ltd have fallen 5.7%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: lowest current ratio golar lng ltd kinder morgan in teekay corp oneok inc dorian lpg ltd

Ticker(s): GLNG KMI TK OKE LPG