Shares of CIGNA Rank the Lowest in Terms of Current Ratio in the Managed Health Care Industry (CI, UNH, AET, UAM, CNC)
Below are the three companies in the Managed Health Care 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.
CIGNA ranks lowest with a a current ratio of 0.2. Following is UnitedHealth with a a current ratio of 0.7. Aetna ranks third lowest with a a current ratio of 0.8.
Universal American follows with a a current ratio of 0.9, and Centene rounds out the bottom five with a a current ratio of 1.0.
SmarTrend recommended that its subscribers protect gains by selling shares of Centene on September 6th, 2016 by issuing a Downtrend alert when the shares were trading at $65.54. Since that call, shares of Centene have fallen 5.6%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.
Keywords: lowest current ratio CIGNA UnitedHealth Aetna universal american centene