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Shares of Mondelez Inter-A Rank the Lowest in Terms of Current Ratio in the Packaged Foods & Meats Industry (MDLZ, K, KHC, GIS, CPB)

By Amy Schwartz

Below are the three companies in the Packaged Foods & Meats 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.

Mondelez Inter-A ranks lowest with a a current ratio of 0.5. Following is Kellogg Co with a a current ratio of 0.7. Kraft Heinz Co/T ranks third lowest with a a current ratio of 0.7.

General Mills In follows with a a current ratio of 0.8, and Campbell Soup Co rounds out the bottom five with a a current ratio of 0.8.

SmarTrend recommended that subscribers consider buying shares of Campbell Soup Co on June 5th, 2019 as our technology indicated a new Uptrend was in progress when shares hit $40.95. Since that recommendation, shares of Campbell Soup Co have risen 10.1%. We continue to monitor Campbell Soup Co for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: lowest current ratio mondelez inter-a kellogg co kraft heinz co/t general mills in campbell soup co

Ticker(s): MDLZ K KHC GIS CPB