Shares of Westlake Chemical Rank the Highest in Terms of Current Ratio in the Commodity Chemicals Industry (WLK, KRO, CCC, HWKN, CBT)
Below are the three companies in the Commodity Chemicals 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.
Westlake Chemical ranks highest with a a current ratio of 4.2. Kronos Worldwide is next with a a current ratio of 3.8. Calgon Carbon ranks third highest with a a current ratio of 3.7.
Hawkins follows with a a current ratio of 3.0, and Cabot rounds out the top five with a a current ratio of 2.4.
SmarTrend recommended that subscribers consider buying shares of Cabot on July 12th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $48.67. Since that recommendation, shares of Cabot have risen 7.7%. We continue to monitor Cabot for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest current ratio westlake chemical kronos worldwide calgon carbon hawkins cabot