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Shares of Stanley Black & Rank the Lowest in Terms of Current Ratio in the Industrial Machinery Industry (SWK, HSC, IR, JBT, NDSN)

By David Diaz

Below are the three companies in the Industrial Machinery 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.

Stanley Black & ranks lowest with a a current ratio of 1.0. Harsco Corp is next with a a current ratio of 1.2. Ingersoll-Rand ranks third lowest with a a current ratio of 1.3.

John Bean Tech follows with a a current ratio of 1.3, and Nordson 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 Nordson Corp on November 20th, 2018 by issuing a Downtrend alert when the shares were trading at $122.83. Since that call, shares of Nordson Corp have fallen 6.0%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: lowest current ratio stanley black & harsco corp Ingersoll-Rand john bean tech nordson corp