Simpson Manufacturing is Among the Companies in the Building Products Industry With the Highest Current Ratio (SSD, PGTI, UFPI, IIIN, CCCL)
Below are the three companies in the Building 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.
Simpson Manufacturing ranks highest with a a current ratio of 5.3. PGT is next with a a current ratio of 3.2. Universal Forest Products ranks third highest with a a current ratio of 3.1.
Insteel Industries follows with a a current ratio of 3.1, and China Ceramics rounds out the top five with a a current ratio of 3.0.
SmarTrend recommended that its subscribers protect gains by selling shares of China Ceramics on November 13th, 2013 by issuing a Downtrend alert when the shares were trading at $2.89. Since that call, shares of China Ceramics have fallen 20.6%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.
Keywords: highest current ratio simpson manufacturing pgt universal forest products insteel industries china ceramics