Shares of Schweitzer-Mauduit International Rank the Highest in Terms of Current Ratio in the Paper Products Industry (SWM, NP, KS, UFS, GLT)
Below are the three companies in the Paper Products 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.
Schweitzer-Mauduit International ranks highest with a a current ratio of 4.2. Following is Neenah Paper with a a current ratio of 2.3. KapStone Paper and Packaging ranks third highest with a a current ratio of 2.3.
Domtar follows with a a current ratio of 2.1, and Glatfelter rounds out the top five with a a current ratio of 1.9.
SmarTrend recommended that subscribers consider buying shares of Neenah Paper on February 19th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $61.21. Since that recommendation, shares of Neenah Paper have risen 23.2%. We continue to monitor Neenah Paper for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest current ratio schweitzer-mauduit international neenah paper kapstone paper and packaging domtar glatfelter