Team is Among the Companies in the Environmental & Facilities Services Industry With the Highest Current Ratio (TISI, SRCL, ECOL, CVA, TTEK)
Below are the three companies in the Environmental & Facilities Services 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.
Team ranks highest with a a current ratio of 3.5. Stericycle is next with a a current ratio of 2.5. American Ecology ranks third highest with a a current ratio of 2.2.
Covanta follows with a a current ratio of 2.0, and Tetra Tech rounds out the top five with a a current ratio of 1.8.
SmarTrend recommended that subscribers consider buying shares of Tetra Tech on January 28th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $26.09. Since that recommendation, shares of Tetra Tech have risen 36.3%. We continue to monitor Tetra Tech for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest current ratio stericycle american ecology covanta Tetra Tech