Shares of Aaron's Rank the Highest in Terms of Current Ratio in the Homefurnishing Retail Industry (AAN, KIRK, HVT, PIR, BBBY)
Below are the three companies in the Homefurnishing Retail industry with the highest 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.
Aaron's ranks highest with a a current ratio of 4.4. Kirkland's is next with a a current ratio of 2.5. Haverty Furniture ranks third highest with a a current ratio of 2.1.
Pier 1 Imports follows with a a current ratio of 2.0, and Bed Bath & Beyond rounds out the top five with a a current ratio of 2.0.
SmarTrend recommended that its subscribers protect gains by selling shares of Bed Bath & Beyond on April 11th, 2016 by issuing a Downtrend alert when the shares were trading at $47.08. Since that call, shares of Bed Bath & Beyond have fallen 8.9%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.
Keywords: highest current ratio aaron's kirkland's haverty furniture Pier 1 Imports bed bath & beyond