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Shares of Hawaiian Elec Rank the Lowest in Terms of Current Ratio in the Electric Utilities Industry (HE, PNM, LNT, EE, AEP)

By Shiri Gupta

Below are the three companies in the Electric Utilities 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.

Hawaiian Elec ranks lowest with a a current ratio of 0.3. Following is Pnm Resources with a a current ratio of 0.4. Alliant Energy ranks third lowest with a a current ratio of 0.4.

El Paso Electric follows with a a current ratio of 0.5, and American Electri rounds out the bottom five with a a current ratio of 0.5.

SmarTrend recommended that subscribers consider buying shares of Hawaiian Elec on June 28th, 2018 as our technology indicated a new Uptrend was in progress when shares hit $34.24. Since that recommendation, shares of Hawaiian Elec have risen 12.7%. We continue to monitor Hawaiian Elec for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: lowest current ratio hawaiian elec pnm resources alliant energy el paso electric american electri

Ticker(s): HE PNM LNT EE AEP