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Relatively Low Current Ratio Detected in Shares of Motorcar Parts in the Auto Parts & Equipment Industry (MPAA, TOWR, MOD, TEN, LEA)

By James Quinn

Below are the three companies in the Auto Parts & Equipment 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.

Motorcar Parts ranks lowest with a a current ratio of 0.9. Tower Internatio is next with a a current ratio of 1.1. Modine Mfg Co ranks third lowest with a a current ratio of 1.2.

Tenneco Inc follows with a a current ratio of 1.2, and Lear Corp rounds out the bottom five with a a current ratio of 1.4.

SmarTrend is tracking the current trend status for Tower Internatio and will alert subscribers who have TOWR in their portfolio or watchlist when shares have changed trend direction.

Keywords: lowest current ratio motorcar parts tower internatio modine mfg co tenneco inc lear corp

Ticker(s): MPAA TOWR MOD TEN LEA