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Shares of Raven Industries Rank the Highest in Terms of Current Ratio in the Industrial Conglomerates Industry (RAVN, ROP, CSL, GE, IEP)

By Nick Russo

Below are the three companies in the Industrial Conglomerates 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.

Raven Industries ranks highest with a a current ratio of 6.3. Following is Roper Industries with a a current ratio of 2.5. Carlisle Cos ranks third highest with a a current ratio of 2.2.

General Electric follows with a a current ratio of 2.1, and Icahn Enterprises rounds out the top five with a a current ratio of 2.0.

SmarTrend recommended that subscribers consider buying shares of Raven Industries on March 18th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $15.63. Since that recommendation, shares of Raven Industries have risen 28.0%. We continue to monitor Raven Industries for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest current ratio raven industries roper industries carlisle cos General Electric Icahn Enterprises