Thermo Fisher Scientific is Among the Companies in the Life Sciences Tools & Services Industry With the Lowest Current Ratio (TMO, ICLR, PRXL, MTD, CRL)
Below are the three companies in the Life Sciences Tools & Services 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.
Thermo Fisher Scientific ranks lowest with a a current ratio of 1.1. Following is ICON with a a current ratio of 1.1. Parexel International ranks third lowest with a a current ratio of 1.4.
Mettler-Toledo International follows with a a current ratio of 1.5, and Charles River Laboratories rounds out the bottom five with a a current ratio of 1.8.
SmarTrend recommended that subscribers consider buying shares of Mettler-Toledo International on July 12th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $379.96. Since that recommendation, shares of Mettler-Toledo International have risen 9.7%. We continue to monitor Mettler-Toledo International for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: lowest current ratio thermo fisher scientific parexel international mettler-toledo international charles river laboratories