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Shares of Motorcar Parts Rank the Lowest in Terms of Current Ratio in the Auto Parts & Equipment Industry (MPAA, TOWR, MOD, TEN, LEA)

By James Quinn

Below are the three companies in the Auto Parts & Equipment 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.

Motorcar Parts ranks lowest with a a current ratio of 0.9. Following is Tower Internatio with a a current ratio of 1.1. Modine Mfg Co ranks third lowest with a a current ratio of 1.2.

Tenneco Inc follows with a a current ratio of 1.2, and Lear Corp rounds out the bottom five with a a current ratio of 1.4.

SmarTrend recommended that its subscribers protect gains by selling shares of Modine Mfg Co on March 2nd, 2018 by issuing a Downtrend alert when the shares were trading at $22.00. Since that call, shares of Modine Mfg Co have fallen 45.4%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: lowest current ratio motorcar parts tower internatio modine mfg co tenneco inc lear corp

Ticker(s): MPAA TOWR MOD TEN LEA