Shares of SurModics Rank the Highest in Terms of Current Ratio in the Health Care Equipment Industry (SRDX, RMTI, MSON, TRIB, ABMD)
Below are the three companies in the Health Care Equipment 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.
SurModics ranks highest with a a current ratio of 14.4. Following is Rockwell Medical Technologies with a a current ratio of 10.4. Misonix ranks third highest with a a current ratio of 8.8.
Trinity Biotech follows with a a current ratio of 8.5, and ABIOMED rounds out the top five with a a current ratio of 7.7.
SmarTrend recommended that subscribers consider buying shares of SurModics on January 28th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $20.44. Since that recommendation, shares of SurModics have risen 42.2%. We continue to monitor SurModics for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest current ratio surmodics rockwell medical technologies misonix trinity biotech abiomed