Shares of Universal Rank the Highest in Terms of Current Ratio in the Tobacco Industry (UVV, VGR, AOI, RAI, PM)
Below are the three companies in the Tobacco 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.
Universal ranks highest with a a current ratio of 5.1. Vector Group is next with a a current ratio of 3.0. Alliance One International ranks third highest with a a current ratio of 2.2.
Reynolds American follows with a a current ratio of 1.1, and Philip Morris rounds out the top five with a a current ratio of 1.0.
SmarTrend recommended that subscribers consider buying shares of Reynolds American on May 10th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $50.51. Since that recommendation, shares of Reynolds American have risen 4.7%. We continue to monitor Reynolds American for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest current ratio Universal vector group alliance one international Reynolds American philip morris