Shares of McGrath RentCorp Rank the Lowest in Terms of Current Ratio in the Diversified Support Services Industry (MGRC, MINI, PNTR, VVI, RBA)
Below are the three companies in the Diversified Support 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.
McGrath RentCorp ranks lowest with a a current ratio of 0.2. Mobile Mini is next with a a current ratio of 1.0. Pointer Telocation ranks third lowest with a a current ratio of 1.1.
Viad follows with a a current ratio of 1.2, and Ritchie Bros Auctioneers rounds out the bottom five with a a current ratio of 1.3.
SmarTrend recommended that subscribers consider buying shares of McGrath RentCorp on May 5th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $26.17. Since that recommendation, shares of McGrath RentCorp have risen 21.4%. We continue to monitor McGrath RentCorp for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
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