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Shares of Schlumberger Ltd Rank the Lowest in Terms of Current Ratio in the Oil & Gas Equipment & Services Industry (SLB, BRS, FTI, MTRX, HLX)

By Shiri Gupta

Below are the three companies in the Oil & Gas Equipment & 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.

Schlumberger Ltd ranks lowest with a a current ratio of 1.2. Bristow Group In is next with a a current ratio of 1.2. Technipfmc Plc ranks third lowest with a a current ratio of 1.3.

Matrix Service follows with a a current ratio of 1.6, and Helix Energy Sol rounds out the bottom five with a a current ratio of 1.7.

SmarTrend recommended that its subscribers protect gains by selling shares of Bristow Group In on August 6th, 2018 by issuing a Downtrend alert when the shares were trading at $11.80. Since that call, shares of Bristow Group In have fallen 69.1%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: lowest current ratio schlumberger ltd bristow group in technipfmc plc matrix service helix energy sol

Ticker(s): SLB BRS FTI MTRX HLX