Steinway Musical Instruments is Among the Companies in the Leisure Products Industry With the Highest Current Ratio (LVB, LF, RGR, SUMR, SWHC)
Below are the three companies in the Leisure 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.
Steinway Musical Instruments ranks highest with a a current ratio of 5.1. Following is Leapfrog Enterprises with a a current ratio of 3.9. Sturm Ruger & Co ranks third highest with a a current ratio of 3.2.
Summer Infant follows with a a current ratio of 3.0, and Smith & Wesson rounds out the top five with a a current ratio of 3.0.
SmarTrend recommended that subscribers consider buying shares of Summer Infant on November 21st, 2012 as our technology indicated a new Uptrend was in progress when shares hit $1.71. Since that recommendation, shares of Summer Infant have risen 67.2%. We continue to monitor Summer Infant for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest current ratio steinway musical instruments leapfrog enterprises sturm ruger & co summer infant smith & wesson