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Relatively Low Current Ratio Detected in Shares of Select Comfort C in the Homefurnishing Retail Industry (SCSS, RH, WSM, KIRK, BBBY)

By Amy Schwartz

Below are the three companies in the Homefurnishing Retail 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.

Select Comfort C ranks lowest with a a current ratio of 0.5. Following is Rh with a a current ratio of 1.2. Williams-Sonoma ranks third lowest with a a current ratio of 1.6.

Kirkland'S Inc follows with a a current ratio of 1.8, and Bed Bath &Beyond rounds out the bottom five with a a current ratio of 1.8.

SmarTrend recommended that its subscribers protect gains by selling shares of Bed Bath &Beyond on August 30th, 2018 by issuing a Downtrend alert when the shares were trading at $17.79. Since that call, shares of Bed Bath &Beyond have fallen 30.4%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: lowest current ratio :scss select comfort c Williams-Sonoma kirkland's inc bed bath &beyond