Top 5 Companies in the Computer & Electronics Retail Industry With the Lowest Current Ratio (GME, HGG, BBY, SYX, RCII)
Below are the three companies in the Computer & Electronics Retail 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.
GameStop ranks lowest with a a current ratio of 1.1. Following is hhgregg with a a current ratio of 1.4. Best Buy ranks third lowest with a a current ratio of 1.4.
Systemax follows with a a current ratio of 1.6, and Rent-A-Center rounds out the bottom five with a a current ratio of 2.8.
SmarTrend recommended that subscribers consider buying shares of Systemax on February 26th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $8.78. Since that recommendation, shares of Systemax have risen 4.9%. We continue to monitor Systemax for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: lowest current ratio GameStop hhgregg Best Buy systemax rent-a-center