• Return to Headlines

Relatively Low Current Ratio Detected in Shares of USA Compression Partners LP in the Oil & Gas Equipment & Services Industry (USAC, SLB, FTI, BAS, MTRX)

By Amy Schwartz

Below are the three companies in the Oil & Gas Equipment & Services 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.

USA Compression Partners LP ranks lowest with a a current ratio of 1.0. Following is Schlumberger Ltd with a a current ratio of 1.2. Technipfmc Plc ranks third lowest with a a current ratio of 1.3.

Basic Energy Services Inc follows with a a current ratio of 1.6, and Matrix Service rounds out the bottom five with a a current ratio of 1.6.

SmarTrend recommended that its subscribers protect gains by selling shares of Basic Energy Services Inc on August 5th, 2019 by issuing a Downtrend alert when the shares were trading at $1.52. Since that call, shares of Basic Energy Services Inc have fallen 10.5%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: lowest current ratio usa compression partners lp schlumberger ltd technipfmc plc :bas basic energy services inc matrix service

Ticker(s): USAC SLB FTI MTRX