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Tempur Sealy Int has the Lowest Current Ratio in the Home Furnishings Industry (TPX, MHK, LEG, BSET, ETH)

By David Diaz

Below are the three companies in the Home Furnishings industry with the lowest 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.

Tempur Sealy Int ranks lowest with a a current ratio of 1.1. Mohawk Inds is next with a a current ratio of 1.5. Leggett & Platt ranks third lowest with a a current ratio of 1.8.

Bassett Furn follows with a a current ratio of 1.9, and Ethan Allen rounds out the bottom five with a a current ratio of 1.9.

SmarTrend recommended that its subscribers protect gains by selling shares of Bassett Furn on January 5th, 2018 by issuing a Downtrend alert when the shares were trading at $35.95. Since that call, shares of Bassett Furn have fallen 44.1%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: lowest current ratio tempur sealy int mohawk inds leggett & platt bassett furn ethan allen