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Shares of Gencor Industries Rank the Highest in Terms of Current Ratio in the Industrial Machinery Industry (GENC, SNHY, SCX, ROLL, EML)

By David Diaz

Below are the three companies in the Industrial Machinery 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.

Gencor Industries ranks highest with a a current ratio of 26.8. Sun Hydraulics is next with a a current ratio of 12.0. LS Starrett ranks third highest with a a current ratio of 6.1.

RBC Bearings follows with a a current ratio of 5.6, and Eastern rounds out the top five with a a current ratio of 5.5.

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

Keywords: highest current ratio gencor industries sun hydraulics ls starrett rbc bearings amex:eml eastern